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Hawaii fishermen want development considered
Hawaii fishermen on Monday asked policymakers to address how runoff caused by land development harms reefs, fisheries and oceans when they consider how to cope with the effects of climate change. Ocean ...

Tesoro announces $75M sale of Hawaii refinery
Tesoro Corp. said Monday it has agreed to sell its refining operations in Hawaii to Par Petroleum Corp. for $75 million plus the market value of its working capital. The San Antonio, Texas-based company ...

Lobbyist reports say little on influence in Hawaii
Lobbyist disclosures in Hawaii may be a misnomer ? the records don't disclose much. Hardly any individual lobbyists reported spending even $1 schmoozing Hawaii lawmakers early in the recent legislative ...

Hawaii vows to more than double energy savings
Hawaii wants to more than double the energy it saves over the next two years by retrofitting government buildings with new lighting, air conditioning and other energy saving equipment. The plan is expected ...

Hawaii governor signs bill supporting beekeeping
Gov. Neil Abercrombie has signed legislation aimed at encouraging and supporting Hawaii beekeepers. A bill signing for the measure was held at the governor's office on Monday. The legislation exempts home-based ...

New Hawaii law raises tax credits for filmmakers
Hawaii Gov. Neil Abercrombie has signed a law increasing tax credits for filmmakers to help expand the state's movie industry. The law, which will goes into effect next month, extends film tax credits ...

Tesoro Selling Hawaii Refining Operations to Par Petroleum
Base price is $75 million.        

Census: Hawaii has highest share of Asians in US
A state analysis of U.S. Census data released Thursday shows Hawaii has by far the largest share of Asians and the smallest share of whites in any U.S. state's total population. The research division of ...

Tesoro Hawaii employees avoid layoffs
Par Petroleum Corporation, a Houston based company, agreed to buy Tesoro Hawaii for $75 million plus the value of Tesoro's other assets. The deal is estimated to be between $300-$350 million and is expected to close in the coming months. For the past year, there was a dark cloud over the employees at Tesoro Hawaii. First came the uncertainty after the state's largest refinery was put up for sale ...

Par Petroleum Corporation Agrees to Purchase Tesoro Hawaii, LLC
Par Petroleum Corporation announced today that it has reached a definitive agreement for the acquisition of Tesoro Hawaii, LLC from Tesoro Corporation. Tesoro Hawaii, LLC is an owner of refining, retail and distribution assets located in Hawaii.

Saturday, October 24, 2009

Last Minute Hawaii Vacation Discounts

Because of last minute cancelations and a sluggish economy, owners of vacation rental homes and condos are finding themselves with a lot of nights that often go unrented. Most owners are happy to discount these nights in order to try to fill their calendars and keep their properties rented.

Many deals and discounts are available around the internet. Summit Pacific has a way for owners to advertise these deals on its Hawaii Vacation Discounts page. If you’re able to fly to Hawaii on short notice (usually within the next 30-60 days) you can find incredible savings; often up to 40% off the normal price.

Spectacular ocean view condos at Waipouli Beach Resort that normally rent for around $350/night are often available for $199. Some units at Hanalei Bay Resort are available now for $89/night.

Because the discounts offered on Summit’s Pages fluctuate from day to day, you need to move fast on these discounts.

Sunday, October 11, 2009

Hanalei Bay Resort owners reach agreement with management

Hanalei Bay Resort owners reach agreement with management


By Coco Zickos - The Garden Island
Published: Friday, October 9, 2009 2:11 AM HST
HANALEI — An agreement has been reached between Hanalei Bay Resort owners and Florida-based management company Celebrity Resorts, according to a letter sent this week to members of the Vacation Owners Association and the Association of Apartment Owners.

Several allegations were made in recent months by timeshare and full-time condo owners regarding Celebrity Resorts’ involvement with the 30-year-old property. Since then, members of the VOA and AOAO Board of Directors, along with their legal counsel, had a “very busy summer” involving “confidential discussions with Celebrity Resorts,” the letter states.

California-based Trading Places International will assume management duties at the North Shore vacation destination, but Celebrity Resorts will continue to own Bali Hai restaurant and Happy Talk Lounge, the letter says.

TPI was one of the six management companies board representatives contacted when they sought “alternative management.”

“Their references are outstanding,” the letter says.

Celebrity Resorts will continue to have “exclusive rights to market timeshare sales at HBR and to rent unused timeshare weeks under an agreement with the VOA.”

“... We look forward to working with them in a harmonious relationship,” the letter states.

It was previously reported in a July 4 article titled “Hanalei Bay Resort owners battle management” that one reason owners sought to terminate Celebrity Resort’s contract was its inability to recognize board members of the VOA elected prior to management transitions.

However, there will be “a reconciliation and redefinition of association operational control in favor of the owners and the installation and empowering of a member-only board of directors,” according to the letter.

Dick Schweickert, VOA president, said he was “happy” with the outcome, but declined to make further comment due to “confidentiality.”

“I’m cautiously optimistic,” timeshare owner Lynn Kettleson said Wednesday. “It looks like a good resolution, but we’ll see how the details work out.”

Though he couldn’t speak for other owners, he said the boards should be “commended for doing a wonderful job of resolving this issue.”

A transition will occur where an auditor will “review all income, expenses and advances made by Celebrity for both of the association’s financials to generate a final monetary settlement.”

HBR employees will become TPI employees and it is TPI’s plan to retain “most” of them, according to the letter.

Vice President of TPI Resort Management Douglas Wilcox said they are “very excited,” but was unable to provide further comment at press time.

Attempts to reach Celebrity Resorts for comment were unsuccessful.