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m4travels
10-04-2007, 05:15 PM
This could be fun! A few years down the road, but.....

PRESS RELEASE

Disney to build Hawaii resort
Luxury family resort planned for Ko Olina Resort & Marina on the island of Oahu.


BURBANK, Calif., October 3, 2007 - Walt Disney Parks & Resorts has announced that the company has finalized plans to purchase 21 acres of oceanfront property on Hawaii's island of Oahu.

The property, located on the island's western side in the picturesque Ko Olina Resort & Marina, Honolulu's premier resort destination, will be home to Disney's first mixed-use family resort outside of its theme park developments. The expansive resort, scheduled to open in 2011, is planned to have more than 800 units, including hotel rooms and Disney Vacation Club villas.*

"This resort hotel will give our Guests another way to visit an exciting part of the world with a brand they trust," said Jay Rasulo, Chairman of Walt Disney Parks & Resorts. "In fact, Hawaii has been among our most requested Disney Vacation Club getaway locations beyond our Theme Parks. We are looking forward to building a special family resort that honors the cultural diversity of Hawaii and reflects the spirit of aloha that makes this location so unique."

Consistently ranked as one of the top family destinations in the world, Hawaii's natural beauty and extensive offering of family activities make it an ideal location for a Disney resort.

"Disney and Hawaii have something special in common, and that is the recognition of the importance of 'ohana," said Hawaii Governor Linda Lingle. "Not only does Disney provide wonderful family vacations, but as a media company, it also touches people worldwide with its entertainment offerings. The new Disney hotel will be a great addition to Oahu, and I am pleased to welcome a company that can also bring the world of new media and digital technology to Hawaii, opening new opportunities for innovative partnerships in non-tourism related sectors."


Ko Olina

The new resort hotel will be the latest addition to the Ko Olina development, known for its sweeping ocean views, picture-postcard white sand beaches and tranquil crystal blue lagoons.

Jeff Stone, President of The Resort Group and master developer of Ko Olina, has been working closely with Disney on the land acquisition and project.

"Ko Olina means 'place of joy,' and I can't imagine a more perfect fit here than a Disney resort that will bring joy to people from around the world," Stone said. "For many years, it has been our vision to continue to expand Ko Olina as a premier vacation destination for families and business travelers, and this new Disney resort hotel is making that vision a wonderful reality."

*This resort is not yet registered or offered for sale.

bs4free
10-04-2007, 05:27 PM
WOW that sounds like fun! Just another great reason to want to buy a DVC!!!

MKCP84
10-04-2007, 08:16 PM
My husband and I have owned DVC since 2000 and are very excited about Hawaii. Just wondering how difficult it will be to reserve at the 7 month period and also what the point structure will be like.

ligrumpygirl
10-04-2007, 11:03 PM
We :heart: our DVC...this is just another reason!!!

m4travels
10-05-2007, 10:09 AM
My husband and I have owned DVC since 2000 and are very excited about Hawaii. Just wondering how difficult it will be to reserve at the 7 month period and also what the point structure will be like.

We've only been members since 2005 and we're definitely going to be taking advantage of this (if we're still around in 2011!!!!). We won't be buying points but will definitely be looking at the 7-month mark.
Now, DVC at the Grand California we will definitely be buying some points at since it's going to be quite small.
Michael

3dog2kidmom
10-05-2007, 08:02 PM
We've only been members since 2005 and we're definitely going to be taking advantage of this (if we're still around in 2011!!!!). We won't be buying points but will definitely be looking at the 7-month mark.
Now, DVC at the Grand California we will definitely be buying some points at since it's going to be quite small.
Michael

We have been looking to buy into DVC (as soon as we can anyway), and this is just the icing on the cake!!! I always said we'd use points to go, even though it didn't make the best financial sense, but now it should be even easier to justify! I am excited!!!!