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Hanalei Bay Resort has new owners and maybe a new look?

 



Today, TGI reported that Quintus is selling their timeshare business to Celebrity Resorts at the Hanalei Bay Resort. The luxury 22-acre resort which sits right on Hanalei Bay ( you know the place where PUFF the Magic dragon lived by the sea, 
And frolicked in the autumn mist in a land called honah le) is a combination of timeshare and fee simple owners. Currently, the fee simple units range in price from 1B units for 700,000, all the way up to units for 1.5 million that have great Hanalei Bay views. The Bali Hai Restaurant and adjoining Happy Talk Lounge are rumored to be being sold to Jim Moffatt who owns and operates the successful Bar A Cuda, a tapas restaurant in downtown Hanalei.

The acquisition comes nine months after 40 resort and restaurant workers were laid off when cash shortages left Quintus unable to pay for front desk and bell services. Celebrity Resorts has developed and managed projects in the U.S. and Caribbean. It currently has 17 resorts in six states, conducts business in more than 30 states and provides vacation services for more than 80,000 families on an annual basis.

The Happy Talk Lounge is the home of the friendly Sunday Jazz Jam from 4-7PM where my friends and myself often play great jazz, funk and blues. While the lounge and restaurant are still in the transition, the JAM resumes this Sunday at Saffron, another fine Princeville Restaurant.
Hanalei Bay Resort
Overlooking the pool to Hanalei Bay and the view of the mountain peak known as BALI HAI, taken from the movie South Pacific

waterfalls by Hanalei Bay resort Pool

Magical waterfalls part of the tropical hanalei bay resort pool complex

Musicians at Happy Talk Lounge

Happy Talk Lounge sunday jam with regulars Randy Carnavali on bass, Kirby Keough on guitar, and Coco (can't spell his last name) on skins.

Ron Margolis, RA, CDPE, ABR Hawaii Life Real Estate Services 808.346.7095 email: ron@hawaiilife.com

Comment balloon 4 commentsRonnie Margolis • August 09 2008 08:04PM

Comments

Ronnie, the resort looks beautiful (as does most of Hawaii. I would love to hear you play jazz with your friends but I don't make it over there very often! I had no idea, by the way, that Puff the Magic Dragon frolicked in Hawaii. I always thought it was a made up place!

Posted by Libby Cousins, Contract Mortgage Processor, licensed in WA (Extraordinary Processing) about 12 years ago

I had no idea when i was a kid listening to Pete, Paul and Mary, but apparently those guys came over here, got high, and wrote good folk songs. Go figure!

Posted by Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh (KW Kauai) about 12 years ago

Nice pictures - funny story about Puff the magic dragon.  What a nice place to play music, you're very lucky.

Posted by Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info (Hawai'i Life Real Estate Brokers) about 12 years ago

Yup, it's a beautiful spot. However, since this post, HBR has closed the lounge and the sunday jam has moved down the road to Saffron, a mediterranean restaurant.

Posted by Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh (KW Kauai) about 12 years ago

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