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.
Overlooking the pool to Hanalei Bay and the view of the mountain peak known as BALI HAI, taken from the movie South Pacific
Magical waterfalls part of the tropical hanalei bay resort pool complex
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: firstname.lastname@example.org