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Would a Christmas Event Week (Fixed Week 51) in Hawaii command a price premium over a regular platinum floating week? If so, how much extra would it sell for?
It should, but again it is what a buyer will pay. I myself don't want Christmas week in Hawaii, so to me it has no premium. It would have a premium for a buyer that wants that specific week year over year. I do not know what that premium has been selling for however, can't help with that.
The week between Christmas and New Years actually is higher, but Christmas week is a close second. For Comps, see sites like Redweek - same resort/size/view.
Based on a developer price sheet I have for Kingsland, pre-construction (Feb 2008) the premium on a Christmas week over a platinum week is 20%, New Years is 50%.
Type VI - 2 br Premier Platinum $87,600
Christmas Week $104,500
New Years Week $131,600
Dave - Thanks for the information. +20% seems like a reasonable premium for Christmas week. Hopefully that pricing model still holds true even in re-sale. Good place to start anyway.
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