Ho Ho Tribe
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The Ho Ho Tribe are a group of men with telescopes who travel around the southeast quadrant of the World of the Ocean King in Phantom Hourglass; they deal with Treasure. They seek a valuable and rare treasure known as the Regal Ring. Link can sell them his unwanted treasure, but only on certain days. The prices they pay will also vary on certain days. If Link brings the Ho Hos the Regal Ring that they desire, they'll offer him a hefty reward for it.
Trading Sequence
One of the members from this tribe are apart of a trading sequence. Link can trade the telescope that the Ho Hos adore in exchange for the Guard Notebook.