View Full Version : Can someone explain the DVC trading dilemma?
rutgers1
10-20-2008, 03:52 PM
I just referenced this in the "future" thread that is still somewhere on the main index of this forum, but I thought I would phrase it as a question and see if anyone had any insight....
Why do people have trouble trading their DVC with other timeshare owners? And likewise, why does it seem like anyone with a timeshare anywhere else in the world can get a DVC villa easily? I know people with timeshares who make trading seem like the best thing since sliced bread, yet we are cautioned that it isn't the best deal if you have DVC. Why?
spiceycat
10-20-2008, 05:16 PM
DVC is expensive for a timeshare because of the maintence fees. (but that is true of most of Orlando timeshares)
you want a cheaper one - less than $5,000 in these days less than $2,000 and maintence fees way under $500 for trading.
that say if you thinking of trading - definitely join
www.tug2.net
so you can read the reviews and get other opinions on nice resort to trade into.
some DVC members felt had by II because their trades were lousy.
considering that you are trading something that values for $1,600 or more for a week - if you got something you could have rented for $500 or less - wouldn't you feel cheated?
I just referenced this in the "future" thread that is still somewhere on the main index of this forum, but I thought I would phrase it as a question and see if anyone had any insight....
Why do people have trouble trading their DVC with other timeshare owners? And likewise, why does it seem like anyone with a timeshare anywhere else in the world can get a DVC villa easily? I know people with timeshares who make trading seem like the best thing since sliced bread, yet we are cautioned that it isn't the best deal if you have DVC. Why?I think you are not quite understanding the situation. While one can trade in, it's usually off season and smaller units and also to lessor demand resorts mostly. I wouldn't use the word easy overall for most situations. As Pat noted, one can get a unit MUCH cheaper that trades better. DVC doesn't have good trade power because it's Orlando (overbuilt) and II usually gets off season weeks at lessor resorts from DVC. Also, about 10% of the resorts on the DVC list are Marriott's and Starwood and likely half of the resorts worth trading to with owners in each system being in line ahead of you. To II, the location and demand of the week are a large part of the trade power. Marriott's Grande Vista trades about the same but has internal Marriott trading preference. You also get direct II access with all the perks associated but some costs as well. The extra $95 fee also affects the trade power significantly IMO.
Buying DVC to trade is a poor choice. The trade options are not guaranteed and greatly hit or miss as well as being far too expesive and having far greater options that will do better MUCH cheaper. However, if one does own and wants to trade, there are ways to do so and get a much better value IF you get the trade. The worst part to me is that I think it would be fairly easy for DVC to make trading a far better value and shift it from being a poor choice to being a great choice. They just leave far too much on the table and I think it's simply they want so much control and I frankly don't think they want it to be a good option to trade and don't want to encourage much trading in spite of their rhetorric.
Anal Annie
10-21-2008, 10:05 AM
I think you are not quite understanding the situation. While one can trade in, it's usually off season and smaller units and also to lessor demand resorts mostly. I wouldn't use the word easy overall for most situations. As Pat noted, one can get a unit MUCH cheaper that trades better. DVC doesn't have good trade power because it's Orlando (overbuilt) and II usually gets off season weeks at lessor resorts from DVC.
Not quite following you here... Can you explain how / what DVC does to offer our points to II. I mean, since we don't have specific weeks assigned to us but rather can travel to WDW at any time of the year, how is this done? EX - we have a Dec. UY, but that doesn't mean DVC offers II a Dec week?!:confused3 I don't understand how this is done.
Also, about 10% of the resorts on the DVC list are Marriott's and Starwood and likely half of the resorts worth trading to with owners in each system being in line ahead of you. To II, the location and demand of the week are a large part of the trade power. Marriott's Grande Vista trades about the same but has internal Marriott trading preference. You also get direct II access with all the perks associated but some costs as well. The extra $95 fee also affects the trade power significantly IMO.
I know we have to pay the $95 fee (which actually doesn't bother me THAT MUCH and I guess I am a minority on that one...). But are you saying that the other person who trades INTO DVC also has to pay the $95 fee so it's a deterrent for people to trade in?
Buying DVC to trade is a poor choice. The trade options are not guaranteed and greatly hit or miss as well as being far too expesive and having far greater options that will do better MUCH cheaper. However, if one does own and wants to trade, there are ways to do so and get a much better value IF you get the trade. The worst part to me is that I think it would be fairly easy for DVC to make trading a far better value and shift it from being a poor choice to being a great choice. They just leave far too much on the table and I think it's simply they want so much control and I frankly don't think they want it to be a good option to trade and don't want to encourage much trading in spite of their rhetorric.
We didn't buy JUST to trade but we DID buy with the intentions to trade SOMETIMES since it was touted as an option. Once every few years or so we figured. DVC does NOT make it seem like it would be such an ordeal to do tho that's for sure! They make it sound like it will be just as easy as booking a DVC unit at WDW. That DOES seem like a mis-representation now that we own and read all about it.:sad2:
CarolMN
10-21-2008, 10:22 AM
I think you are not quite understanding the situation. While one can trade in, it's usually off season and smaller units and also to lessor demand resorts mostly. I wouldn't use the word easy overall for most situations. As Pat noted, one can get a unit MUCH cheaper that trades better. DVC doesn't have good trade power because it's Orlando (overbuilt) and II usually gets off season weeks at lessor resorts from DVC.
Not quite following you here... Can you explain how / what DVC does to offer our points to II. I mean, since we don't have specific weeks assigned to us but rather can travel to WDW at any time of the year, how is this done? EX - we have a Dec. UY, but that doesn't mean DVC offers II a Dec week?!:confused3 I don't understand how this is done. I'm not Dean, but I think I know what he meant. DVC chooses a week to deposit into II. We don't know how they choose. However, the weeks available for others to trade into DVC are almost always off season weeks and from the larger resorts. We very seldom see BCV, or VWL and only occasionally see BWV weeks. Don't recall anyone saying they got a summer week at HH and I don't think VB weeks are available very often either. The weeks DVC chooses to deposit affect members' trade power.
Also, about 10% of the resorts on the DVC list are Marriott's and Starwood and likely half of the resorts worth trading to with owners in each system being in line ahead of you. To II, the location and demand of the week are a large part of the trade power. Marriott's Grande Vista trades about the same but has internal Marriott trading preference. You also get direct II access with all the perks associated but some costs as well. The extra $95 fee also affects the trade power significantly IMO.
I know we have to pay the $95 fee (which actually doesn't bother me THAT MUCH and I guess I am a minority on that one...). But are you saying that the other person who trades INTO DVC also has to pay the $95 fee so it's a deterrent for people to trade in?
Yes, those who exchange in also have to pay a $95 fee to DVC.
Buying DVC to trade is a poor choice. The trade options are not guaranteed and greatly hit or miss as well as being far too expesive and having far greater options that will do better MUCH cheaper. However, if one does own and wants to trade, there are ways to do so and get a much better value IF you get the trade. The worst part to me is that I think it would be fairly easy for DVC to make trading a far better value and shift it from being a poor choice to being a great choice. They just leave far too much on the table and I think it's simply they want so much control and I frankly don't think they want it to be a good option to trade and don't want to encourage much trading in spite of their rhetorric.
We didn't buy JUST to trade but we DID buy with the intentions to trade SOMETIMES since it was touted as an option. Once every few years or so we figured. DVC does NOT make it seem like it would be such an ordeal to do tho that's for sure! They make it sound like it will be just as easy as booking a DVC unit at WDW. That DOES seem like a mis-representation now that we own and read all about it.:sad2:
I suppose it is easy as far as the process goes. It's just that people new to timeshares and trading often have expectations that exceed the reality. Those who trade DVC have found that it is difficult to get the more popular resorts during more popular times - for all the reasons Pat and Dean listed. If that is what you want, you may have better luck doing the exchange yourself. But then you have to find someone who has what you want and do the "due diligence" required for a private transaction.
BWV Dreamin
10-21-2008, 10:24 AM
We didn't buy JUST to trade but we DID buy with the intentions to trade SOMETIMES since it was touted as an option. Once every few years or so we figured. DVC does NOT make it seem like it would be such an ordeal to do tho that's for sure! They make it sound like it will be just as easy as booking a DVC unit at WDW. That DOES seem like a mis-representation now that we own and read all about it.:sad2:
I am most definitely going to try and trade into II every now and then. I don't think it is a waste of using DVC pts. Its all about personal preference, and our DVC points are already paid for. Unless one trys for a trade at an extremely popular time, I think most are getting their trades. Dean has a chart of successful trade percentages....maybe he can post it. :goodvibes
bwvBound
10-21-2008, 10:32 AM
I know we have to pay the $95 fee (which actually doesn't bother me THAT MUCH and I guess I am a minority on that one...). But are you saying that the other person who trades INTO DVC also has to pay the $95 fee so it's a deterrent for people to trade in?Yes, even if the person trading in is already a DVC member.
Kathi OD
10-21-2008, 10:35 AM
We didn't buy JUST to trade but we DID buy with the intentions to trade SOMETIMES since it was touted as an option. Once every few years or so we figured. DVC does NOT make it seem like it would be such an ordeal to do tho that's for sure! They make it sound like it will be just as easy as booking a DVC unit at WDW. That DOES seem like a mis-representation now that we own and read all about it.:sad2:
We didn't buy DVC just to trade either. We primarily use it for vacations within the DVC system. However, we have used it to trade out to II and have been successful in getting what we wanted, when we wanted to go. Now I know that some people try to determine whether what they got was "equal value" to what they gave away. DH and I are not concerned about that part of the equation. We make a determination with regard to where we want to vacation (location) and then if there is a resort we can trade into, we're good. When travelling outside of DVC we aren't usually looking for the "whole resort package," as we're usually spending most of our time outside of the resort sightseeing.
It has worked for us. Depending on your personal preferences, it might not work for you.
spiceycat
10-21-2008, 10:49 AM
have no faith in II or DVC - they actually put Westgate in the list for Tenn - no one should EVER trade to westgate.
even if it the best one in that market - their sales people are horrible.
bwvBound
10-21-2008, 11:35 AM
Why do people have trouble trading their DVC with other timeshare owners? And likewise, why does it seem like anyone with a timeshare anywhere else in the world can get a DVC villa easily? I know people with timeshares who make trading seem like the best thing since sliced bread, yet we are cautioned that it isn't the best deal if you have DVC. Why?Speaking from my personal experiences: trading DVC is too costly compared to other alternatives. My other timeshare options were less expensive to purchase, remain less expensive in annual dues and offer trade bonuses. Examples of trade bonuses: Bonus weeks: RCI and other exchange companies offer me one or two Bonus Weeks every time I exchange my summer coastal week. Literally, I get two or three weeks of vacation from a single week of ownership. (The bonus weeks are generally off-season or lower quality resorts -- but still I'm going places!!)
Low cost exchanges in the "last minute" windows: When booking exchanges w/in 59-days of travel (II) or 45-days of travel (RCI) I can book any resort, any size unit, any season paying the equivalent of a "low season studio."
Trade ups: My 1BR SoCAL Coastal Summer unit easily trades into larger units (2BR, 3BR).
Direct, individual Exchange Company memberships: My other timeshares allow me to join the various exchange companies as an individual -- with direct access to all the options offered by that company. (My favorite benefits: online searching, access to Bonus Vacations/Getaway weeks.)So, with DVC, I pay for exactly what I get. It is a fair system and made "easy" by using Member Services and without having to pay a membership fee with an exchange company.
With my SoCAL summer week however, I pay dues on a 1BR unit and exchange into a 2BR unit ... and get one or more bonus weeks to use later. (Yes, I have to pay membership to the exchange company, and exchange fees on each week I use ... but not dues on the extra weeks.)
With my other point system, I pay for dues on a "low season studio" and exchange into a lovely 2BR unit in a highly desirable SoCAL beach resort -- as long as the exchange was made w/in 59-days of travel. (Again, I pay dues for the II membership, dues on the "low season studio" week and the exchange fee -- but "steal" a great trade from the system!)
Seems nearly every timeshare has its special "hook." Many are related to trading: lock-offs, last minute upgrades, bonus weeks, etc. These offer the owner an ability to "game" the system, even if only a little. DVC certainly has its special merits -- but none relate to trading. If DVC would give us any of those options -- especially the discounted last minute trades -- we might be singing a happier tune here on exchanging.
spiceycat
10-21-2008, 11:56 AM
Low cost exchanges in the "last minute" windows: When booking exchanges w/in 59-days of travel (II) or 45-days of travel (RCI) I can book any resort, any size unit, any season paying the equivalent of a "low season studio."
though everyone pay the same for last minute RCI ONLY
$199 for a studio
$219 for a 1-bedroom
$249 for a 2-bedroom
so you can get a 2-bedroom and pay only $199 - or am I missing something?
CarolMN
10-21-2008, 12:09 PM
though everyone pay the same for last minute RCI ONLY
$199 for a studio
$219 for a 1-bedroom
$249 for a 2-bedroom
so you can get a 2-bedroom and pay only $199 - or am I missing something?
Can any member of the general public pay those prices or do you have to be a member of RCI?
I took bwvBound's statement as a "trading benefit" that DVC members do not have.
spiceycat
10-21-2008, 12:14 PM
Can any member of the general public pay those prices or do you have to be a member of RCI?
I took bwvBound's statement as a "trading benefit" that DVC members do not have.
you have to be a member.
if you want a deal and not joing RCI - then go look at
www.skyauction.com
they are having their sale again. $199 for any week - but these are generally only 45 or less days - and not the best timeshares.
spiceycat
10-21-2008, 12:37 PM
for ii - there pricing is different - depends upon which timeshares you trade into and where
orlando -
studio - $259 to $439
1-bedroom - $349 to $549
2-bedroom - $409 tp $619
mexico (cancum mostly)
studio - $404 to $479
1-bedroom $434 to $499
2-bedroom $409 to $619
so they vary a whole lot.
if you want some not so great timeshare with II - then go to
www.condodirect.com
you will pay more than II members - but these are still a good deal (well kinda of)
no marriott or DVC will be listed here - there are a couple of others (westgate I think) that won't be listed on condodirect.
Anal Annie
10-21-2008, 12:48 PM
We didn't buy DVC just to trade either. We primarily use it for vacations within the DVC system. However, we have used it to trade out to II and have been successful in getting what we wanted, when we wanted to go. Now I know that some people try to determine whether what they got was "equal value" to what they gave away. DH and I are not concerned about that part of the equation. We make a determination with regard to where we want to vacation (location) and then if there is a resort we can trade into, we're good. When travelling outside of DVC we aren't usually looking for the "whole resort package," as we're usually spending most of our time outside of the resort sightseeing.
It has worked for us. Depending on your personal preferences, it might not work for you.
We typically only vacation during the summer because of school and limited amounts of vacation time. I would imagine with me being so-o anal I will research the heck out of any property we would consider trading to before initiating the trade. We would probably also try to be open to a couple of different dates which I hope would help our odds of being successful. I know that there could be times when we could book a "package deal" like thru Costco or something that would actually make the nightly rate less but we would be looking at it as an expense that we're saving on out of pocket. I also realize that trades to say Aruba or Hawaii might have a higher overall value than a trade to say Mexico, depending on the property. (i.e. I would not use DVC to stay in Ocean City, MD.)
bwvBound
10-21-2008, 12:48 PM
though everyone pay the same for last minute RCI ONLY
$199 for a studio
$219 for a 1-bedroom
$249 for a 2-bedroom
so you can get a 2-bedroom and pay only $199 - or am I missing something?Pat, I was referring to Exchange inventory, not Bonus Vacations. The idea is that my "blue studio" can book anything left in the exchange inventory -- including 2 and 3 bedroom units, any season, any resort -- based on availability during the 59-day (II) and 45-day (RCI) windows.
Why should I pay a "full price exchange" for distressed inventory? ;)
bwvBound
10-21-2008, 12:53 PM
for ii - there pricing is different - depends upon which timeshares you trade into and whereFor exchanges (trades), I pay the same fee regardless of unit size, season, etc. (I do pay different fees for domestic vs international exchanges). Do the fees in your thread refer to rental weeks (Getaways, Bonus Vacations, etc.) instead of exchanges?
Anal Annie
10-21-2008, 12:58 PM
I'm not Dean, but I think I know what he meant. DVC chooses a week to deposit into II. We don't know how they choose. However, the weeks available for others to trade into DVC are almost always off season weeks and from the larger resorts. We very seldom see BCV, or VWL and only occasionally see BWV weeks. Don't recall anyone saying they got a summer week at HH and I don't think VB weeks are available very often either. The weeks DVC chooses to deposit affect members' trade power.
Well that just bites. (Can I say that on the DIS?!):confused3
Yes, those who exchange in also have to pay a $95 fee to DVC.
I suppose it is easy as far as the process goes. It's just that people new to timeshares and trading often have expectations that exceed the reality. Those who trade DVC have found that it is difficult to get the more popular resorts during more popular times - for all the reasons Pat and Dean listed. If that is what you want, you may have better luck doing the exchange yourself. But then you have to find someone who has what you want and do the "due diligence" required for a private transaction.
Guess we'll see how it goes in a couple of years when we try to trade. The new DVC at Ko'Olina will be helpful to us for sure, although we usually spend the majority of our time on Maui. We could make an exception tho to avoid the hassles of trading! We went to Aruba on our honeymoon and I wouldn't mind trying to go back one day...
spiceycat
10-21-2008, 01:00 PM
For exchanges (trades), I pay the same fee regardless of unit size, season, etc. (I do pay different fees for domestic vs international exchanges). Do the fees in your thread refer to rental weeks (Getaways, Bonus Vacations, etc.) instead of exchanges?
yes - these are the last call vacations with RCI so 60 days out
with II - these are the getaways - II has different prices for different places and seasons.
bwvBound
10-21-2008, 01:01 PM
Can any member of the general public pay those prices or do you have to be a member of RCI?
I took bwvBound's statement as a "trading benefit" that DVC members do not have.Yes, my bullets were referring referring to trading benefits -- however access to rental weeks is certainly a benefit of having direct membership in RCI, II and other exchange companies. For better or worse, II does not extend direct membership to folks owning DVC but no other qualifying timeshare. :(
Annie, Carol did a nice job of explaining. Remember the $95 fee that those that trade in to DVC is in addition to the exchange fee they pay. DVC essentially never gives out premier time to II so Xmas and Easter plus summer HH essentially never show up. There will be exceptions in unique circumstances but one can assume it never happens. VB actually is available quite a lot now. II only got about 3 units a year prior to the change to the current system, that has changed a LOT now and II gets quite a bit of inventory there compared to the resort size. Anyone who owns can seek to trade, that is their choice. And there are a subset of choices that are a reasonable value it's just that they are so rarely available other than short notice. IMO this is a dramatically different situation, discussion and decision for someone looking to buy in or add on vs one who already owns enough points to use and to trade. Still there are costs, risks and limitations to trading. There was a thread a few months ago from a longstanding member who traded then had to cancel then couldn't find a replacement they were happy with so essentially lost over 100 points (studio I think).
While I guess it's fair to call the way the guides and even MS presents exchanging as misrepresentation, I don't think it's intentional and I wouldn't personally go that far. I think they simply don't understand the system well enough and tend to drink the Koolade.
Pat, the westgate resort in Gatlinburg is the best there. I wouldn't avoid it but would avoid the sales presentation. Too bad Marriott bailed on the Horizon's project there. Gatlingurg has a fair number of resorts compared to demand but a dirth of quality resorts.
Getaway prices are oftend determined by the destination resort. One can also use the independent exchange companies for such getaways.
Mickey'sApprentice
10-21-2008, 08:47 PM
Pat, the westgate resort in Gatlinburg is the best there. I wouldn't avoid it but would avoid the sales presentation. Too bad Marriott bailed on the Horizon's project there. Gatlingurg has a fair number of resorts compared to demand but a dirth of quality resorts.
Dean: I've heard numerous times that Disney will be concentrating on the West Coast.
However, with your previous comments about Gatlinburg, I was wondering what your thoughts would be about Disney developing a really high quality timeshare in Gatlinburg and/or on the gulf coast. I love the Polynesian/adventureland sketches for Ko Olina and would love to see the same sort of thing done with Gatlinburg and Frontierland. I know Dolly probably causes a problem unless Disney decided to buy her out. As for Gulf Shores - I don't see a really good theming opportunity other than maybe Jimmy Buffet.
Dean: I've heard numerous times that Disney will be concentrating on the West Coast.
However, with your previous comments about Gatlinburg, I was wondering what your thoughts would be about Disney developing a really high quality timeshare in Gatlinburg and/or on the gulf coast. I love the Polynesian/adventureland sketches for Ko Olina and would love to see the same sort of thing done with Gatlinburg and Frontierland. I know Dolly probably causes a problem unless Disney decided to buy her out. As for Gulf Shores - I don't see a really good theming opportunity other than maybe Jimmy Buffet.My thoughts, for what they are worth. Thus far DVC has not proven the ability or willingness to truly compete with the big boys in timeshare sales. We'll see how they do for actual cold sales in HI that are not related to people who were hooked based on Disney or DVC. The companies they are competing with are willing to offer cash type payments of $100-125, cheap stays and even do trolling deposits in II and/or RCI. They are also willing to push guests to tour and to a varying degree, to push those that tour to buy. I don't think DVC can take a chance on a seasonal destination, esp for places like Gatlinburg, FL panhandle or Branson. I don't see Dollywood as enough of a draw to sustain a resort even if they did buy her out.
I know the kids glove approach are what many like about DVC however it has already likely cost at least 3 other off property resorts due to poor sales at VB and HH. I don't think they can compete well with that approach and know they can't in secondary markets like Gatlinburg.
Mickey'sApprentice
10-21-2008, 11:00 PM
My thoughts, for what they are worth. Thus far DVC has not proven the ability or willingness to truly compete with the big boys in timeshare sales. We'll see how they do for actual cold sales in HI that are not related to people who were hooked based on Disney or DVC. The companies they are competing with are willing to offer cash type payments of $100-125, cheap stays and even do trolling deposits in II and/or RCI. They are also willing to push guests to tour and to a varying degree, to push those that tour to buy. I don't think DVC can take a chance on a seasonal destination, esp for places like Gatlinburg, FL panhandle or Branson. I don't see Dollywood as enough of a draw to sustain a resort even if they did buy her out.
I know the kids glove approach are what many like about DVC however it has already likely cost at least 3 other off property resorts due to poor sales at VB and HH. I don't think they can compete well with that approach and know they can't in secondary markets like Gatlinburg.
Thanks Dean.
I know you're right. :sad1:
I'll just keep hoping for something a little closer to home, but won't keep my hopes up.
I do often wonder how VB and HH would have sold if they were introduced now instead of 10 years ago, and if they had been at better locations.
I'm also one of those folks that like the "kid gloves" approach, and hope DVC never changes it!
Thanks Dean.
I know you're right. :sad1:
I'll just keep hoping for something a little closer to home, but won't keep my hopes up.
I do often wonder how VB and HH would have sold if they were introduced now instead of 10 years ago, and if they had been at better locations.
I'm also one of those folks that like the "kid gloves" approach, and hope DVC never changes it!While I think there are better locations for HH and VB from a selling point, both should have been easy to sell with any real effort and gloabal plan. DVC doesn't have to become westgate to get in the game; Hilton, Westin and Marriott, to name 3, manage to do so without being overly aggressive. I remember a report years ago of a couple that wanted to buy but didn't because they thought they didn't qualify since the guide never asked if they wanted to buy at the end of the presentation.
Given where you live, it's tough to do a top level resort that would be close to you. The FL panhandle is the closest place to think about and it's still very seasonal, has marginal airport options and isn't regarded as a top destination location for the masses though it is for a segment. Too small a segment for a DVC type resort and the inherest costs to build it IMO. Marriott did not complete their plans for Bay Pointe and only built 2 of the 4 planned buildings if I recall correctly. They did convert the others to full condo's as a residence club, I'm not sure how that went from a sales standpoint. Other than that there are few top timeshares in the Panhandle and none I'd put at the very top. The other top ones that come to mind would be Orange Lake PC, both Escapes resorts (PC, Orange Beach) and Club Intrawest in Destin. The old Fairfield company (now Wyndham) took the approach of building very nice (but not top notch) resorts in second tier places like Gatlinburg, Nashville, Crossville (TN, not AL), NC interior and did well it seems for a while but they no longer build new resorts in those type areas from what I can tell. One of the problems is that you need to build resorts that people can afford that will go to those type areas then you need to get them onsite there to see the property.
Marriott also abandoned their plans for the Horizon's in Gatlinburg and a fourth location I can't recall. They totally scraped the project and folded those slightly lessor resorts into their vacation club program making them full members. The original plan was to have a second complete system that had a secondary link so that members of one club could trade to the other but after members of each given system had first crack. I feel the reason they failed in this venture is related to what I talked about above. They were trying to compete with better resorts in Orlando and in second tier locations for Branson and planned for Gatlinburg.
Back to DVC and off property sales. Frankly, I thought HH and VB sold OK, however, they did not meet the companies expecations from a sales standpoint. DVC might be big enough and well establisted with WDW guests and esisting members to sell a place like HI, we'll see. In large part it depends on how well they do wtih the existing members. I don't see DVC necessarily concentrating in the west coast but on places with a lot of inherent interest and other draws. I don't see the HI project remaining with Disney for the long haul unless they establish several resorts in the islands, we'll see and I do hope I'm wrong. Hopefully they'll keep control of the vacation club if they sell the hotel portion.
What I think they could do would be to build resorts in locations where they could use the cruise ships to sell them. Places like Cancun, Aruba, Cayman's, Bermuda even DR. They already have the DVC sales staff in place to do that from the cruise ships and could also establish a small sales force onsite. They could do the sales presentation on the boat as they do now and offer a quite trip out to see the resort combined with an island tour enroute for free.
tomandrobin
10-22-2008, 06:33 AM
What I think they could do would be to build resorts in locations where they could use the cruise ships to sell them. Places like Cancun, Aruba, Cayman's, Bermuda even DR. They already have the DVC sales staff in place to do that from the cruise ships and could also establish a small sales force onsite. They could do the sales presentation on the boat as they do now and offer a quite trip out to see the resort combined with an island tour enroute for free.
I have felt that the Disney Cruise line will play a role on the west coast and the new Hawaiian resort. But I had not thought about them using the cruise ships as a floating timeshare sales force for a couple Carribbean locations.
Cancun could work well since the resort there are right to use, similar to DVC now. Aruba has stopped thier tax incentives for new resorts, that's why Westin canceled thier proposed timeshare resort there. Bahamas would also be a good fit, especially with thier established presence. DR, Cayman would be convient and welcomed.
SuzanneSLO
10-22-2008, 09:42 AM
My guess is that Disney sees the HI property as being particularly attractive to the Asian market where Disney is already a household name. -- Suzanne
Brian Noble
10-22-2008, 11:11 AM
The old Fairfield company (now Wyndham) took the approach of building very nice (but not top notch) resorts in second tier places like Gatlinburg, Nashville, Crossville (TN, not AL), NC interior and did well it seems for a while but they no longer build new resorts in those type areas from what I can tell.
They're still doing a little bit of this, but partly thorugh acquisition. They've got a new building or two in the Poconos, are developing a new resort in Gatlinburg, and bought out something on the Panhandle and another a couple dozen miles inland from Myrtle Beach.
hakepb
10-22-2008, 11:31 AM
I don't see DVC necessarily concentrating in the west coast but on places with a lot of inherent interest and other draws
I think DVC is wanting to concentrate on west coast money. I think they have lower saturation rates within their west coast targeted demographics. That might not mean West Coast locations, but favorable locations may sell better.
hakepb
10-22-2008, 11:40 AM
That would be quite interesting if DVC could build some villas on their island, Castaway Key and have an ownership that included a partial-capacity cruise ship ownership.
DVC'ers could then use the cruise ships as transportation (might have to stay 3, 4 or 7 days at a time). Especailly if you could get one room (up to 4 people) cruise transportation for 100 total points. (You would only be on the ship 2 total nights round trip)
spiceycat
10-22-2008, 12:32 PM
okay not timeshares - but definitely very nice marriott in ala - on an island
http://www.disboards.com/showthread.php?p=28304218&posted=1#post28304218
so they do have something.
okay not timeshares - but definitely very nice marriott in ala - on an island
http://www.disboards.com/showthread.php?p=28304218&posted=1#post28304218
so they do have something.Point clear and Bay Pointe are both nice resorts but neither are comparable to the top Marriott's. I think both are Cat 5 out of the 8 levels Marriott hotels have (just went up from 7 to 8). However, I do feel there's a whole level of increased demand to make a timeshare work. Legends Edge was linked to Bay Pointe and still didn't sell. Plus those are two of the easiest Marriott's to get deals or reward stays from what I understand.
I do think a slightly different approach might be workable. Something like the DVC combined options but with the timeshare being a smaller but integral component of the hotel portion where they are run essentially as one system. It'd work to share amenities but harder to do a full slate of activities.
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