Hilton timeshare has been so successful at the Hilton Grand Waikikian Tower that the timeshare company has announced that its planned two-tower expansion with 550 rooms at the Hilton Hawaiian Village will be entirely devoted to timeshare.

The Hilton Grand Waikikian Tower timeshare was completed in 2008 and currently provides timeshare units for the 22-acre Hilton Hawaiian Village. Ted Middleton, Hilton’s Senior vice president of development in the Americas, sees the addition of new timeshares at the popular resort as a very good business move, saying, “This expansion will give us enough product to sell well into the next decade. It’s very important to have new inventory to dovetail into the growing demand.”

The first of the two Hilton Hawaii Grand Waikikian timeshare towers will be 37 stories and include 300 timeshare units. Construction will begin in 2013 and is expected to be completed in 2015. The second timeshare tower will be 25 stories and 250 timeshare units. This second tower will be built on the site of the current Rainbow Bazaar shopping area and will be adjacent to the resort’s parking garage. Included as part of the development will be additional swimming pools and a retail space. When complete, the new Hawaii timeshare resort will bring some 700 new jobs to the area and an undetermined number of construction jobs.