Hanalei Bay Resort has new owners and maybe a new look?
By Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh
(KW Kauai)
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 shor...
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