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Larry Geiger, candidate for KBVIOA Board

Discussion in 'Kauai Beach Villas IOA Public Square' started by ValChatelle44, Apr 15, 2019.

  1. ValChatelle44

    ValChatelle44 TUG Member

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    Resorts Owned:
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    We just returned from Hawaii with a week at Kauai Beach Villas, Hanalei Bay Resort, Bali Hi Resort and Royal Sea Cliff on the big island and experienced some good and some not so good. When making spending decisions I firmly believe the incremental benefit from the decision has to be greater than the incremental cost and have seen instances when Boards made decisions where the cost well exceeded the benefits the members received in return. thanks Larry Geiger


    Larry Geiger, CPA, Lieutenant Colonel US Army Retired, 25 Year Controller for a $400,000,000 homebuilding company, now retired. Own 3 Pahio memberships at KBV (never traded) and 10 other timeshare weeks.

    I am running for the Board of KBV IOA with the hope of using my experience on other Boards of timeshare associations and governmental entities to improve the financial position of our association. I understand association legal documents having amended documents of another association and participated in drafting organizational governing documents for communities being created by my employer. I have prepared business plans for organizations varying in size from $400,000 to $400,000,000 in annual revenue.

    I also understand that the success of KBV relies on KBV providing a first class experience to all its guests. I spend over 12 weeks a year in timeshare resorts and sample the product of all the major timeshare managers. I reflect on how their programs (check-in, unit amenities, layout, housekeeping, activities, recreation, check-out) impact on my enjoyment of their properties.

    I appreciate your support and hope to get the opportunity use my financial, leadership, and travel experience to enhance KBV and thus the quality of your experience at your Kauai Beach Villas.
     
  2. ecwinch

    ecwinch Moderator

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    Larry,

    Thanks for taking the time to stop by Public Square and introducing yourself. In terms of your candidate statement, I have highlighted a couple of items that I thought would be helpful if you expanded on them.

    In the first statement I highlighted above regarding Boards - can you give us some context for that statement - ie. are you referring to this specific BoD or other BoD's or just BoD's in general. An example would be helpful.

    You mention that you have never traded your KBV membership. Is that an important distinction in your mind? As you know, owner usage at KBV is 10%, with the majority of usage coming from RCI and Club Wyndham.

    Given your timeshare travel experiences, what do you feel is lacking (if anything) in terms of KBV providing a first class experience to all guests.

    Thanks in advance.
     
  3. ValChatelle44

    ValChatelle44 TUG Member

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    comment one is generic. Although a specific example at KBV would be the IOA sponsored MaiTai party I attended this year. Being a candidate for the Board, I made a point of introducing myself to all the attendees who were sucking down IOA purchased Maitais and 80% of the attendees were AOA or VRBO. Item 2, it is important because why would you want a Board consisting of members who don't come to the property every year. Item 3 Remembering that the IOA Board only impacts what is behind the entry doors, our furnishings and interiors and kitchen supplies and housekeeping and maintenance compare very favorably with what I see at the other resorts I visit annually and are in better shape than some properties managed by larger management companies.
    thanks for asking
    Larry GEIGER
     
    ecwinch likes this.
  4. ecwinch

    ecwinch Moderator

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    Larry.... thanks for expanding on those points.

    Yes, I would agree that having a BoD member that visits the resort regularly would be of value.

    And I find your observation about what the IOA controls and does not control to be very insightful. Some have painted this idealistic picture of KBV becoming a true "resort" without acknowledging the limitations of that "vision".

    But the info above really irks me. I know there are a number of condos that are in building H and are full-time vacation rentals. Have to imagine it it is nice for them when we have their guests to sucking up all the things paid for with our IOA dollars (hotel pool, activities, etc).

    Thanks again, and best of luck in your candidacy.
     

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