Disney's Aulani resort opens in Hawaii, time-share sales halted on insufficient fees

Posted | 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.