Aloha Owners!

There are really only 2 seasons in Hawaii: Summer (called Kau in Hawaiian) from May to October and winter (Hooilo) from November to April. The average daytime summer temperature at sea level is 85º F while the average daytime winter temperature is 78º. Today it is a balmy 82 degrees and we like to squeeze in a couple of extra  newsletters to our owners every year so welcome to our "Spring" quarterly!

We are happy to announce that we have hired an additional Maintenance Tech, Brandon Villamor! Brandon will be working Friday through Tuesday, covering weekends and ensuring that our guests are always happy and your properties receive the best care possible. While we do our best to foresee future maintenance issues and replace electronics, furnishings or appliances prior to complaints or potential loss of revenue, unexpected issues arise and it is awesome to have such a great maintenance staff available 7 days per week.


We have a new logo, a stylized "bird of paradise". Our latest logo wear celebrates the tropical colors of Kauai, the lush vegetation and the beautiful aquamarine, turquoise and blues of the shoreline. GVR keiki, Presley, Alea and Jennaia are happy to model the size small tanks which are like mini dresses on their little frames!
We love the fun bright colors that reflect the personality and aloha of our ohana.


  
Pricing and Occupancy

A prospective owner's first question to me will usually be, "What is the occupancy rate for your properties?." I always used that as a big measurement for our success, but as I learn more and more about our industry, attend conferences and participate in webinars, I have realized that is not the important question to ask at all. So what is the most important question? "What is the annual revenue generated on the properties?"
 
I am becoming more and more familiar with a concept that the successful hotels live by. It's called RevPAR. RevPar = Occupancy Rate times Average Nightly Rate. RevPAR is what we all should live by in our industry. You want to get the most money per night and make the most money possible in the year. You might have a lower occupancy, but with that there will be less wear and tear (less expense) on your property.
 
So how do we increase RevPAR? By knowing the market, watching the market and measuring the market frequently we attempt to beat the odds. In general, the lower priced properties will book the fastest and the ones that are priced at market will rent after the others. The trick is to know when to hold and when to deal. Great Vacation Retreats is doing the very best we can to book the condos and homes that we manage at the maximum RevPAR possible. You may see a few more pukas in your calendar, but by the end of the year, you should experience a higher annual income.
 
The good news is that most vacationers are booking more last minute these days and we are able to keep the prices higher until we get close to the arrival dates. airbnb.com is a great example of that. Those guests often book directly on our website at full price. They book our best deals and our most expensive homes. 
 
Linda Sylvester (RB)
Owner Liaison
Great Vacation Retreats
(808) 742-9202


 New Developments on Kauai

Timbers Resorts is the developer and operator of a collection of properties in over 15 of the world's most diverse high-end destinations. The Timbers Collection includes boutique, private resorts, hotels and residence clubs in ski, golf, leisure and beach locations.  Timbers is developing 450 acres on what you may remember as the "Kauai Lagoons" master community located near Lihue Airport and adjacent to Nawiliwili Harbor. The property was purchased for 60 million and Timbers Resorts plans to spend 800 million on their new "Hokuala" development, which means "rising star" in Hawaiian. Hokuala  will include a private residence club, luxury whole ownership residences, custom golf course home sites, a retail shopping village and a boutique hotel featuring a destination spa, multiple dining options, extensive pools and multiple wedding venues. The Hokuala resort experience will revolve around its idyllic setting with golf, tennis, hiking and biking trails, beach activities, and ocean and mountain adventures. The old waterways will be restored to provide a water taxi service and t he award-winning Jack Nicklaus Signature Course will be renovated and renamed The Ocean Course, featuring the longest continuous stretch of oceanfront golf in  Hawaii

A little further down the coastline, the historic Coco Palms Hotel is scheduled for demolition!  Coco Palms has been closed since Hurricane Iniki severely damaged the property in 1992.  Kauai County officials released the first set of permits needed to begin demolition work on the resort in August last year. The permits allowed for six months to complete the demolition by February 2016. The county has given the firm  extensions for doing work . This week Developers said that they are close to securing funding for demolition of the property. The commission voted to defer the petition to modify or revoke Coco Palms Hui's permits for the project to a May 24 meeting. The Planning Commission will meet then for a status update.

The Coco Palms project would include 273 hotel rooms and 77 suites within the hotel's existing footprint - a slight reduction from the 398 to 403 rooms that existed in the original hotel.  The 350-room resort  will be flagged and operated  by Hyatt Hotels Corp under the company's The Unbound Collection by Hyatt. The Developers have said that they are aiming to open sometime in 2018.


Photo credit: Timbers Resorts

We love our Aquaponics Gazebo

We take great pleasure in providing guests and owners that visit our Koloa office with fresh produce from our garden. What started out as rows of pots of herbs and veggies, led to planting bananas, papayas, citrus, pineapples and more! Our latest harvest has been a succulent supply of juicy ruby red beefsteak tomatoes slowly ripened in the tropical sunshine with giant papayas that look like watermelons and sweet apple bananas soon to follow.
Our love of food and cooking and organic produce inspired our expansion into aquaponic gardening. We discovered how delicious and prolific lettuce, leafy veggies and tomatoes were when grown in this environment.  We have completed construction on the new  aquaponics gazebo and Scott has been busily setting up all the elements for the floating lettuce garden, and the introduction of the fish, herbs and veggies that make up this symbiotic environment of aquaculture and hydroponics! Today Lilikoi vines were purchased to provide shade for the gazebo and we are excited to watch how everything grows and of course to sample all of it!

 
Kauai Music Concerts
"What a man, what a man, what a man,
 What a mighty good man
 Yes he is..."
Poipu Beach Athletic Club continues to roll out great entertainment on the south side. Hapas has welcomed Kapena, Manao Company, Maoli and Micah G, Dirty Heads, Ooklah the Mok, Fiji, Katchafire  and UB40. Now get ready for Salt-N-Pepa with Spinderella and special guests En Vogue on May 6th. VIP tickets are sold out, however, general admission is available... buy your  tickets  now at flavorus.com
PAU HANA in Hawaiian means "after work". Hapas Bar and Grill at the Poipu Beach Athletic Club features PAU HANA NIGHTS every Friday and Saturday Night from 6-8pm with Live Music from various artists.
Stay tuned to current club events.

KAUAI EVENT CALENDAR
We get great compliments on our website and many guests have remarked how helpful and informative our articles have been in the Explore Kauai Guide. 
We recently added an EVENT CALENDAR to the website!
Explore our  Event Calendar for  special events happening around the island when you are next planning to visit your home away from home!

Green Flash!
One of our Owners, Debbie from Nihi Kai, shared this amazing photo that her guest Dennis Wood sent her of the green flash taken from her lanai. Debbie said "I thought you might like it for one of your newsletters. In over 30 years I have never seen one."
Have you ever seen the green Flash?


GREAT VACATION RETREATS 
808.742.9202
info@greatvacationretreats.com