permavac
Have you seen this chicken?
- Joined
- Sep 30, 2007
My guess? I think they're accumulating them to relaunch a new sales initiative, OKW 45 year contracts. They're in a tough spot right now. All they have to market is AKV (which is having problems due to high fees and location), BLT (expensive) and Aulini (expensive AND off property). And, their new offering is going to be at GF, so it will probably start at a million or so dollars a point.
So they don't really have anything to market to Joe Holiday who wants a reasonably priced DVC membership that is on property (again, not my opinion, but many people complain that AKV is too far removed). I think they're buying back as much of the resort as they possibly can so that they can resell it. But I could be wrong.
Someone on another board mentioned this. It does seem like a likely scenario.
Terri