Groundbreaking for Disney Vacation Club’s first resort in Hawaii is scheduled for November 13, 2008 and estimated to open in 2011. Located in west Oahu’s Ko Olina Resort and Marina the resort will include 350 hotel rooms and 480 vacation villas.

There are plans for an 18,000 square-foot spa, 8,000 square feet of convention and banquet space, two restaurants, a kids club and a wedding lawn. Water features include an inland saltwater lagoon, quiet pool and a water park with slides, rapids and waterfalls. The resort will sit on one of the beautiful crescent lagoons along the Ko Olina shoreline.

I’m assuming that it will be listed in Interval International like the other Disney properties. While 480 timeshare rooms is large by any standard, only the most knowledgeable timeshare owners can expect to get an exchange there.

With 480 timeshare condos there are a maximum potential of 24,480 weeks to be deposited in Interval International. Currently Disney has 350,000 vacation club members and one can only guess how many of them will be vying for one of the Hawaii weeks.

It’s likely that at most, only 10% of the total number of weeks available, or 2,448, will ever make into Interval International in the first 4-5 years that the Disney Vacation Club Hawaii is open. After that you can expect more inventory to show up in II.

To get in you’ll need to own a very powerful exchanging timeshare, book 1-2 years in advance and apply all of the secrets found in The Timeshare Exchange Bible – Interval International Edition. So take a look at it now. Click Here now to read about it.

To read Disney’s press release Click Here.