Islands have always been, and will always be, popular vacation spots. People love the coast. And, well, islands have a lot of it. In years past, however, when people have planned their tropical getaways, they typically look into a few sprawling resorts. Massive hotels with expansive swimming pools and private beaches lined with plastic lounge chairs and tiki huts. But recently, more and more people have been turning to Maui vacation rentals.
Simply put, Maui vacation rentals offer a different experience than Maui resorts. A vacation rental gives you a slice of life on Maui. They break you out of the resort bubble. They place you into your own Maui home or condo for a week, two weeks, or however long you plan to stay. You’ll enjoy more space and more privacy than you would at virtually any resort – and for less money. Inventory is up, and prices are down, making it easy to book a Maui vacation rental for your next getaway.
We should also point out that this is a two-way street. Maui vacation rentals aren’t just becoming more popular with travelers. They’re becoming more popular with second-home owners as well. With the tumultuous economy, many people have found it hard to keep that second home. However, they’re also in no position to sell. What they can do, though, is generate some extra income by renting their home out during the peak of vacation season.
Whether you’re planning an exotic getaway or you want to turn your home into a Maui vacation rental, we can help. Get in contact with us today for a hassle-free consultation.
Tuesday, March 29, 2011
Travel Feature Look At The Wailea Beach Villas
Expect the personal touch from Wailea Beach Villas
By Cheryl Chee Tsutsumi
Article from: Star-Advertiser
The Wailea Beach Villa’s infinity pool is just steps from Wailea Beach.
Toronto executive Ann Marie Keating checked into Wailea Beach Villas on Jan. 12. She extended her stay at the exclusive residential vacation resort twice — the first time for five days, the second time for a month. She won’t be relinquishing her ocean-view penthouse until April 12.
“I love it here!” Keating said. “Three months is the longest consecutive period I’ve ever been away from my home and office.”
She tips her hat to Wailea Beach Villas’ staff, whose exemplary service has enabled her to enjoy a stress-free Maui escape while running her companies and working on her Ph.D. in clinical psychology.
“The day I arrived, I got a headache and couldn’t think clearly because of the vog,” Keating recalled. “When the concierge heard about it, he brought me a homeopathic remedy. A light bulb burned out, and someone from maintenance was here within five minutes to replace it. When outdoor lights were shining into the bedroom at night, disrupting my sleep, workers came to install blackout blinds. Everyone has bent over backwards to ensure I’m happy and comfortable.”
IF YOU Go …
Wailea Beach Villas
» Address: 3800 Wailea Alanui, Wailea Resort, Maui
» Phone: 891-4500 or toll free 866-901-5207
» Starting nightly rates: Regular, $1,200; Komo Mai, $900, including a car; Kamaaina, $765 (Komo Mai and Kamaaina rates subject to change). Three-night minimum stay for all bookings. Beach Escape package (prices begin at $795 per night) has a seven-night minimum.
» Email: info@waileabeachvillas.com
» Website: http://www.waileabeachvillas.com/
Set on 11 beachfront acres, Wailea Beach Villas caters to a discriminating clientele. Most of the resort’s 98 luxurious villas and penthouses open to spectacular views of Lanai, Kahoolawe, Molokini islet, the West Maui Mountains and, this time of year, pods of breaching whales. Accommodations range between 1,900 and 3,100 square feet in size, with two-bedroom units sleeping up to six people and three-bedroom units sleeping up to eight.
Amenities include a soaking tub, full-size washer and dryer, barbecue grill on the lanai, flat-screen televisions in the living room and all bedrooms, and a fully equipped gourmet kitchen. For an additional fee, the refrigerator and pantry can be stocked with breakfast fixings prior to your arrival (special requests can also be accommodated). Even better, a private chef can be retained to prepare all of your meals, some of them or a menu for a special occasion. Jeff Scheer, chef/owner of Maui Executive Catering, created a memorable evening for a couple from San Francisco who were celebrating their first anniversary at Wailea Beach Villas.
“The gentleman wanted it to be a surprise for his wife,” Scheer said. “He requested a menu of their favorite dishes with a local twist. His wife loved fresh pasta, so I made Molokai sweet potato agnolotti with sage, brown butter and shaved prosciutto. After hearing him talk about a fish-and-chip pub that they often went to, I got the inspiration for another course: crispy-skin opakapaka served with garlic chips. Pale green and white was the color scheme for their wedding, so that’s what we used for the linens and tablecloths. The centerpiece was a beautiful bouquet of white roses and green orchids.”
At the resort’s state-of-the-art fitness facility, cardio machines are linked to individual entertainment devices that include headsets and access to 60 cable television stations. You can arrange private Pilates and yoga classes, and workouts with a personal trainer who can design a program that fits your goals and lifestyle.
Golf, surfing, snorkeling, kayaking, biking, hiking, helicopter tours, horseback rides and more — the concierge can keep your days as busy as you desire. Charlie Fleck, Wailea Beach Villa’s “adventure guide,” specializes in customized eco-conscious excursions.
“I do everything at a leisurely pace so participants feel like they’re on an outing with friends rather than a tour,” Fleck said. “I often bring my dog, Barley Hops, along on hikes. We go to waterfalls visitors wouldn’t otherwise see, and I take pictures throughout the day so they can focus on having fun. I later burn the pictures on a CD as a gift for them.”
Lunch could be fresh fruit; different cheeses and crackers; and sandwiches Fleck makes with deli meats, Kula tomatoes and focaccia at a pretty picnic site.
“For example, we could eat in a rain forest or atop a hill overlooking the ocean,” he said. “That’s something visitors don’t usually get to do at home. Unlike most other tours, we don’t have to keep to a specific schedule. We leave when they’re ready.”
From arrival to departure, a stay at Wailea Beach Villas is marked by extra services and attention to the smallest details. Would an au pair or butler be helpful? That can be arranged. Do you need a playpen and highchair for your baby? Ask and they’ll be delivered to your door. The resort even provides complimentary welcome gifts for keiki, sunblock and chilled water at the pools, and household items right down to the paper towels and laundry detergent.
Businesswoman Keating also appreciates the peace and privacy. “I start my day with meditation and yoga just as I do at home, but on my lanai I have the added benefit of a fantastic ocean view,” she said. “I make my own breakfast and lunch, and eat when I want to without having to dress up to go out, think about restaurants’ hours or deal with crowds. If I need something, I know the staff will come through with flying colors. All this makes it easy to relax on a deeper level and to enjoy the beauty and aloha around me.”
———
Cheryl Chee Tsutsumi is a Honolulu-based freelance writer whose travel features for the Star-Advertiser have won multiple Society of American Travel Writers awards
**If you would like more information on units available for purchase at The Wailea Beach Villas or to check availability of the Hansens rental unit please call (808)879-3667**
By Cheryl Chee Tsutsumi
Article from: Star-Advertiser
The Wailea Beach Villa’s infinity pool is just steps from Wailea Beach.
Toronto executive Ann Marie Keating checked into Wailea Beach Villas on Jan. 12. She extended her stay at the exclusive residential vacation resort twice — the first time for five days, the second time for a month. She won’t be relinquishing her ocean-view penthouse until April 12.
“I love it here!” Keating said. “Three months is the longest consecutive period I’ve ever been away from my home and office.”
She tips her hat to Wailea Beach Villas’ staff, whose exemplary service has enabled her to enjoy a stress-free Maui escape while running her companies and working on her Ph.D. in clinical psychology.
“The day I arrived, I got a headache and couldn’t think clearly because of the vog,” Keating recalled. “When the concierge heard about it, he brought me a homeopathic remedy. A light bulb burned out, and someone from maintenance was here within five minutes to replace it. When outdoor lights were shining into the bedroom at night, disrupting my sleep, workers came to install blackout blinds. Everyone has bent over backwards to ensure I’m happy and comfortable.”
IF YOU Go …
Wailea Beach Villas
» Address: 3800 Wailea Alanui, Wailea Resort, Maui
» Phone: 891-4500 or toll free 866-901-5207
» Starting nightly rates: Regular, $1,200; Komo Mai, $900, including a car; Kamaaina, $765 (Komo Mai and Kamaaina rates subject to change). Three-night minimum stay for all bookings. Beach Escape package (prices begin at $795 per night) has a seven-night minimum.
» Email: info@waileabeachvillas.com
» Website: http://www.waileabeachvillas.com/
Set on 11 beachfront acres, Wailea Beach Villas caters to a discriminating clientele. Most of the resort’s 98 luxurious villas and penthouses open to spectacular views of Lanai, Kahoolawe, Molokini islet, the West Maui Mountains and, this time of year, pods of breaching whales. Accommodations range between 1,900 and 3,100 square feet in size, with two-bedroom units sleeping up to six people and three-bedroom units sleeping up to eight.
Amenities include a soaking tub, full-size washer and dryer, barbecue grill on the lanai, flat-screen televisions in the living room and all bedrooms, and a fully equipped gourmet kitchen. For an additional fee, the refrigerator and pantry can be stocked with breakfast fixings prior to your arrival (special requests can also be accommodated). Even better, a private chef can be retained to prepare all of your meals, some of them or a menu for a special occasion. Jeff Scheer, chef/owner of Maui Executive Catering, created a memorable evening for a couple from San Francisco who were celebrating their first anniversary at Wailea Beach Villas.
“The gentleman wanted it to be a surprise for his wife,” Scheer said. “He requested a menu of their favorite dishes with a local twist. His wife loved fresh pasta, so I made Molokai sweet potato agnolotti with sage, brown butter and shaved prosciutto. After hearing him talk about a fish-and-chip pub that they often went to, I got the inspiration for another course: crispy-skin opakapaka served with garlic chips. Pale green and white was the color scheme for their wedding, so that’s what we used for the linens and tablecloths. The centerpiece was a beautiful bouquet of white roses and green orchids.”
At the resort’s state-of-the-art fitness facility, cardio machines are linked to individual entertainment devices that include headsets and access to 60 cable television stations. You can arrange private Pilates and yoga classes, and workouts with a personal trainer who can design a program that fits your goals and lifestyle.
Golf, surfing, snorkeling, kayaking, biking, hiking, helicopter tours, horseback rides and more — the concierge can keep your days as busy as you desire. Charlie Fleck, Wailea Beach Villa’s “adventure guide,” specializes in customized eco-conscious excursions.
“I do everything at a leisurely pace so participants feel like they’re on an outing with friends rather than a tour,” Fleck said. “I often bring my dog, Barley Hops, along on hikes. We go to waterfalls visitors wouldn’t otherwise see, and I take pictures throughout the day so they can focus on having fun. I later burn the pictures on a CD as a gift for them.”
Lunch could be fresh fruit; different cheeses and crackers; and sandwiches Fleck makes with deli meats, Kula tomatoes and focaccia at a pretty picnic site.
“For example, we could eat in a rain forest or atop a hill overlooking the ocean,” he said. “That’s something visitors don’t usually get to do at home. Unlike most other tours, we don’t have to keep to a specific schedule. We leave when they’re ready.”
From arrival to departure, a stay at Wailea Beach Villas is marked by extra services and attention to the smallest details. Would an au pair or butler be helpful? That can be arranged. Do you need a playpen and highchair for your baby? Ask and they’ll be delivered to your door. The resort even provides complimentary welcome gifts for keiki, sunblock and chilled water at the pools, and household items right down to the paper towels and laundry detergent.
Businesswoman Keating also appreciates the peace and privacy. “I start my day with meditation and yoga just as I do at home, but on my lanai I have the added benefit of a fantastic ocean view,” she said. “I make my own breakfast and lunch, and eat when I want to without having to dress up to go out, think about restaurants’ hours or deal with crowds. If I need something, I know the staff will come through with flying colors. All this makes it easy to relax on a deeper level and to enjoy the beauty and aloha around me.”
———
Cheryl Chee Tsutsumi is a Honolulu-based freelance writer whose travel features for the Star-Advertiser have won multiple Society of American Travel Writers awards
**If you would like more information on units available for purchase at The Wailea Beach Villas or to check availability of the Hansens rental unit please call (808)879-3667**
Ritz-Carlton Kapalua Heads To Auction
Ritz-Carlton, Kapalua heads to auction
Lenders foreclose on luxury resort
March 26, 2011 – By HARRY EAGAR, Staff Writer
Article from: The Maui News
Lenders have foreclosed on the Ritz-Carlton, Kapalua resort, with the luxury property scheduled to be sold at foreclosure auction in Wailuku on May 5.
Securities filings by minority owner Maui Land & Pineapple Co. have revealed for more than two years that the property was in default on a loan that totaled as much as $300 million with accrued interest. But the owners previously had said little except that they hoped to renegotiate the debt.
Lehman Brothers Holdings Inc. and SASCO 2008-C2 foreclosed March 17.
Documents presented to 2nd Circuit Judge Shackley Raffetto showed that in March 2007, very close to the last moments before the sickness that was soon to engulf Wall Street began to show its symptoms, W2005 Kapalua/Gengate Hotel Realty borrowed $232 million against the property.
The money was used for a complete renovation of the hotel – one of Maui’s newest big resorts – which was closed for most of 2007.
The overhaul included converting one wing of rooms to condominiums, and nearly three dozen of those were sold, with the amount of the principal reduced proportionately by those sales.
Meanwhile, much drama was occurring nearby. Lehman Brothers went bankrupt in 2008, and that threatened the financing for construction of the Residences at Kapalua Bay. Maui Land & Pineapple, which had participated in the Ritz loans by providing the land for the hotel, was a partner in the Residences, and lost hundreds of millions of dollars on the project. At the same time, it was being dragged down by the failure of its money-losing pineapple operations.
ML&P’s financial filings with the Securities and Exchange Commission provided limited insight into the woes of the Ritz. Default was entered in April 2009.
The loan was scheduled to have matured in February 2009, but owner W2005 Kapalua/Gengate exercised an option to extend the loan for one year.
As of Nov. 10, the amount owed was $268 million.
Earlier this month, Raffetto appointed Christopher Lau commissioner for the foreclosure sale. Lau was also the commissioner in the record-setting foreclosure auction of Makena Resort last year.
Lau has scheduled the sale for 11 a.m. May 5 at the Wailuku courthouse.
Since the ownership of the giant hotel has been broken up, the sale is for guest rooms that have not already sold as condos, along with other areas including the spa, and common areas – for a total of 262 guest rooms, 34 executive suites and one regular suite, 73 residential suites, the restaurants and lounges, pools, the fitness center, tennis courts and 48 acres of oceanfront land.
The property also comes with the status of a AAA Five-Diamond resort, since despite all its financial troubles, the luxurious hotel has continued to maintain its reputation as a tourist destination.
There will be showings to prospective buyers from 1 to 4:30 p.m. April 21 and 28, through Lau. The hotel management is not involved and should not be contacted with questions about the sale.
For information, contact Christopher Lau, commissioner, 220 S. King St., Suite 960, Honolulu 96813; or (808) 291-3511; or claukapalua@aol.com.
Lau said Friday that he will shortly have an information package available for bidders.
The lender can bid its interest, and any bidder will be required to pay 10 percent down.
As provided for in state law, the foreclosure auction cannot be forestalled by the borrower’s paying off the loan. But the winning bidder on the courthouse steps will have to have its bid confirmed by the court. At that time, any new bidders can reopen the auction by topping the May 5 top number by 5 percent.
Lenders foreclose on luxury resort
March 26, 2011 – By HARRY EAGAR, Staff Writer
Article from: The Maui News
Lenders have foreclosed on the Ritz-Carlton, Kapalua resort, with the luxury property scheduled to be sold at foreclosure auction in Wailuku on May 5.
Securities filings by minority owner Maui Land & Pineapple Co. have revealed for more than two years that the property was in default on a loan that totaled as much as $300 million with accrued interest. But the owners previously had said little except that they hoped to renegotiate the debt.
Lehman Brothers Holdings Inc. and SASCO 2008-C2 foreclosed March 17.
Documents presented to 2nd Circuit Judge Shackley Raffetto showed that in March 2007, very close to the last moments before the sickness that was soon to engulf Wall Street began to show its symptoms, W2005 Kapalua/Gengate Hotel Realty borrowed $232 million against the property.
The money was used for a complete renovation of the hotel – one of Maui’s newest big resorts – which was closed for most of 2007.
The overhaul included converting one wing of rooms to condominiums, and nearly three dozen of those were sold, with the amount of the principal reduced proportionately by those sales.
Meanwhile, much drama was occurring nearby. Lehman Brothers went bankrupt in 2008, and that threatened the financing for construction of the Residences at Kapalua Bay. Maui Land & Pineapple, which had participated in the Ritz loans by providing the land for the hotel, was a partner in the Residences, and lost hundreds of millions of dollars on the project. At the same time, it was being dragged down by the failure of its money-losing pineapple operations.
ML&P’s financial filings with the Securities and Exchange Commission provided limited insight into the woes of the Ritz. Default was entered in April 2009.
The loan was scheduled to have matured in February 2009, but owner W2005 Kapalua/Gengate exercised an option to extend the loan for one year.
As of Nov. 10, the amount owed was $268 million.
Earlier this month, Raffetto appointed Christopher Lau commissioner for the foreclosure sale. Lau was also the commissioner in the record-setting foreclosure auction of Makena Resort last year.
Lau has scheduled the sale for 11 a.m. May 5 at the Wailuku courthouse.
Since the ownership of the giant hotel has been broken up, the sale is for guest rooms that have not already sold as condos, along with other areas including the spa, and common areas – for a total of 262 guest rooms, 34 executive suites and one regular suite, 73 residential suites, the restaurants and lounges, pools, the fitness center, tennis courts and 48 acres of oceanfront land.
The property also comes with the status of a AAA Five-Diamond resort, since despite all its financial troubles, the luxurious hotel has continued to maintain its reputation as a tourist destination.
There will be showings to prospective buyers from 1 to 4:30 p.m. April 21 and 28, through Lau. The hotel management is not involved and should not be contacted with questions about the sale.
For information, contact Christopher Lau, commissioner, 220 S. King St., Suite 960, Honolulu 96813; or (808) 291-3511; or claukapalua@aol.com.
Lau said Friday that he will shortly have an information package available for bidders.
The lender can bid its interest, and any bidder will be required to pay 10 percent down.
As provided for in state law, the foreclosure auction cannot be forestalled by the borrower’s paying off the loan. But the winning bidder on the courthouse steps will have to have its bid confirmed by the court. At that time, any new bidders can reopen the auction by topping the May 5 top number by 5 percent.
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