?? about pts ressies and what's available for cash ressies

[Scoootch]

Hi all.

I recently had someone ask me about this subject --

This person has rented pts from a member for a stay in April at the VWL and now has a few more family members who will be joining them. They had the member that they rented pts from check for availablility with MS and were told that they were all booked up but then called CRO and found that studios are available for cash ressies. They didn't understand how this could be.

I in turn tried to explain that the portion of the resort that was not sold out yet to members is made available for cash ressies. Are the VWL completely sold out yet? I thought last I had heard, that they were almost sold out but not completely, but this person is telling me that when they were there this past July, they were told by a DVC guide that VWL are indeed sold out.

I know I must be missing something somewhere because I know that OKW and BWV's are sold out but that they do give cash ressies for rooms not booked by members. But since they are trying for April, if WWL are sold out, and completely booked by members how is does it work that there would be rooms left for the cash ressies? Do they keep a certain percentage available for the cash ressies even when the resort is sold out?

I'm really curious to know now though -- is VWL completely sold out?

y'all are alot more knowledgeable than I am when it comes to the more complicated stuff so any insight would be greatly appreciated before I go back and explain this further and get it all wrong.

Thanks in advance!!

 

[CarolMN]

You already know that the inventory of rooms available for points is separate from the inventory available for cash. Rooms can get into the cash inventory several different ways.

In addition to the rooms that come from the portion of a resort that is not sold out, Disney retains a 4% ownership interest in every DVC resort. Those rooms are usually available for cash.

The largest number of rooms available for cash rental via CRO comes from DVC members who elect to use their points for a non-DVC resort option. For example, they decide to take a cruise on the DCL or stay at the GF. When they do that, the equivalent number of DVC rooms are transferred to CRO to rent for cash. The cash is used to pay for the non-DVC option.

Also, point inventory rooms that are not reserved by members more than 60 days ahead of time are often made available to CRO to rent for cash. Money from this is called breakage income and is use to offset a portion of DVC members' dues.

HTH explain what's happening.

 

[CarolMN]

Forgot to answer your question about VWL.

The resort is indeed sold out for new memberships. However, there are reports that there are some points left in some use years that are available to existing DVC members for add on purchases.

 

[Richyams]

We often get new members coming in and complaining about being 'wronged' in this manner. At first blush, one may think that there should be no situation where many months out dvc resort rooms would be available for cash and not points.

Simply, it is very possible and happens often that a DVC room is available for cash yet not for points.

Carol explained the reasons perfectly. I also agree that the largest source of these 'cash only' rooms is DVC members using their points for non-DVC things. Every point used like that has its value recovered by renting a DVC room for cash.

 

[Scoootch]

Thank you both so much!!

You have completely answered my questions. I knew that there was more to it than the little bit of understanding that I had so far!


Thanks again!