Disney Vacation Club must have done a good job of budgeting for some of its recent refurbishment projects.
Disney's BoardWalk Villas is in the early stages of an extensive renovation, and saw its reserves contribution rise by less then four cents per point to $1.3283.
Boulder Ridge Villas was also renovated in 2023 and saw a modest reserves increase. Meanwhile
Bay Lake Tower at Disney's Contemporary Resort is set to be refurbished in 2024 and the reserves component of the dues is rising modestly from $1.2728 per point to $1.3183.
BoardWalk and
Bay Lake Tower also benefitted from decreases to their projected housekeeping budget for 2024. This reduction may be attributable to the large number of rooms which will be removed from service throughout the year as they are renovated.
Recent buyers of
The Villas at Disneyland Hotel may be disappointed to learn less than 2 months after opening that their dues will rise by more than 5% for the new year. Across the road at
Disney's Grand Californian Hotel the Transient Accommodations Tax is still bundled with member dues, however the rate rose by more than 13.5% year-over-year with 2024 set at $.5816 per point.
Most other resorts at
Walt Disney World experienced moderate increases in labor-intensive operational expenses like front desk, housekeeping and maintenance. These increases are likely attributable to the historic union agreement signed in March 2023 which will gradually increase minimum wages to more than $20 per hour by the year 2026.
Insurance premiums rose sharply for 2024 at both
Disney's Hilton Head Island Resort and
Disney's Vero Beach Resort, with members paying rates that are 27% and 36% higher (respectively) in the new year.