The Sheraton Moorea had phenomenal OWBs that were over a very long and shallow (you can standup in the water from most OWBs) beah and had phenomenal snorkeling, coral, fish right off the OWBs. I stayed in 05 and with automatic upgrade as a plat to OWB it was a great value too.

But now that the Shertaon Moorea is a Hilton, what's the next best SPG property that has either OWBs or is right on the beach that has a great beach and great snorkeling similar to the Sheraton Moorea? anywhere in the world?