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Marriott Vacations Worldwide plans to add 190 time-share units to Ko Olina Beach Club

The Marriott Ko Olina is proving to be very popular among timeshare owners as witnessed by the addition of more timeshare units to the Ko Olina property.

Marriott Vacations Worldwide plans to add 190 time-share units to its Ko Olina Beach Club in Hawaii, according to public documents.

The Orlando-based timeshare giant will add these units to its existing 560 units that are already built, bringing its total at the West Oahu property to 750 units.

In a filing with the U.S. Securities and Exchange Commission earlier this year, Marriott Vacations Worldwide (NYSE: VAC), which operates 58 properties with 12,866 vacation ownership units, listed the expansion plan for its Ko Olina property among only a handful of other properties with more units planned.

The company has about 415,000 owners throughout its vacation ownership and residential properties.

Other Hawaii properties it operates include the 232-unit Kauai Beach Club time share and the Kauai Lagoons Grand Residences by Marriott, which lists three units built and Kauai Lagoons Kalanipuu that has 75 units built.

In April, Hawaii developer Ed Bushor closed on the purchase of the unfinished Kauai Lagoons master-planned oceanfront community after coming up with the remaining funding for the acquisition from Marriott Vacations


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