DVC RESALES
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Old 10-02-2012, 12:13 AM   #61
disneynutz


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Originally Posted by tjkraz View Post
You're missing one important piece of the puzzle, though. When Disney rents out rooms which are left vacant due to lack of member use, the proceeds from the transaction go back to DVC members. It's called "breakage" and it appears as a credit to our annual dues.

Disney does extract some (undefined) transaction fees for overhead and certainly the parks benefit by having more spending guests present, but members also benefit from the transactions. The 2012 budget for Saratoga Springs has a credit of more than $1.2 million for breakage revenue.
We don't know how many rooms went to Disney or how much money they made on the deal. SSR got $1.2 million, Disney could have gotten $5 million. That's a pretty good reason to not like renting. I understand that they also are suppose to pay for housekeeping and maintenance on breakage rooms but we really don't know how they pay or how much. Ever since the Aulani accounting issue, I don't 100% trust that everything is accounted for.

Bill
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Old 10-02-2012, 01:18 AM   #62
Sammie
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Originally Posted by disneynutz View Post
We don't know how many rooms went to Disney or how much money they made on the deal. SSR got $1.2 million, Disney could have gotten $5 million. That's a pretty good reason to not like renting. I understand that they also are suppose to pay for housekeeping and maintenance on breakage rooms but we really don't know how they pay or how much. Ever since the Aulani accounting issue, I don't 100% trust that everything is accounted for.

Bill
Which is the reason the 3 top people responsible for Aulani were fired.
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