Fairfield Resorts acquires first Hawaii property

ORLANDO, Fla. -- Fairfield Resorts here announced its acquisition of the newly developed Kona Hawaiian Village on the Big Island from Kona Hawaiian Vacation Ownership, a Hawaii-based timeshare developer.

The 33-acre property in Kailua-Kona is timeshare giant Fairfield's first resort in the Hawaiian islands. It will be operated by Outrigger Enterprises, which will assume all on-site resort management responsibilities. Sales and marketing operations at Kona Hawaiian Village will be integrated into Fairfield.

The resort management contract is the first collaborative effort between Fairfield and Outrigger under their new marketing and development agreement.

Kona Hawaiian Village currently has 72 bungalow-style suite units available; a total of 270 are planned. Fairfield said it expects to integrate Kona Hawaiian Village into its points-based ownership program, FairShare Plus, within the next 90 to 120 days.

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