Posted Tuesday, August 30, 2011 12:20 PM | Contributed by Jeff
The Walt Disney Co. on Monday opened the first phase of Aulani, its new hotel and time-share resort in Hawaii. Aulani time-share sales have been suspended since July 9, when Disney realized it had miscalculated annual maintenance fees and was not charging buyers enough to cover the cost of operating the resort. The company fired three executives over the error, including the president of its Disney Vacation Club time-share business.
Read more from The Orlando Sentinel.