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Tuesday, November 24, 2009

Timeshare Owners at Hanalei Bay Resort Can List Resales for Free

Timeshare Owners at Hanalei Bay Resort Can List Resales for Free


Princeville, Kauai, Hawaii - November 24, 2009 -- SummitPacific.com, already a leader in marketing Kauai vacation rentals, is now letting owners of timeshare units a free way to advertise timeshare resales at Hanalei Bay Resort.

Hanalei Bay Resort, a beautiful 22 acre destination resort on the north shore of the Hawaiian island of Kauai is located next door to the new St. Regis Princeville Hotel. The resort has both timeshare ownership and also full unit ownerships. SummitPacific has long provided a way for owners to advertise full owner condos for rent in the popular vacation rentals market, but now for the first time, SummitPacific is also allowing those that have purchased timeshares at Hanalei Bay Resort a way to resale their interval ownerships.

Advertising Timeshare Resales at Hanalei Bay Resort is Free on Summit Pacific.

“What we’re trying to do is offer those that purchased timeshare ownerships at the resort a way to resale those units without incurring a lot of expenses.” said Doug Porter, president of Summit Pacific, Inc (and also a condo owner at the resort). “Creating an aftermarket for timeshares is healthy for the market and takes a lot of uncertainty and fear out of decision to buy a timeshare because people know when they buy they will also have a way to resale it later if they need to.”

Of course the timeshare resale market is great place to pick up deals on vacation rental ownership; especially right now when many people are struggling with financial problems caused by the poor economy. “We’re seeing people offering their weeks for unbelievably low prices – sometimes as low as 10 cents on the dollar.” “This is primarily a short term result of the bad economy and also by the frustration people have had in not having a good way until now to re-sale their units.” “Once these deals are gone, we expect the market to stabilize.”

Summit Pacific is not affiliated with Hanalei Bay Resort or the primary resellers of timeshares at the resort. “We feel we’re more affiliated with the individual condo and timeshare owners at the resort than we have been with the resort operators,” says Porter.

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