BCV Prices

[lumiereguy]

Since the WLV are selling fast, what does everyone feel the BCV price per point will start at?

 

[Richyams]

$85 pp...it should probably even be higher. It should be high enough so that they don't have to make the point schedule even higher then VWL.

That would make too much sense and basically they would never sell another VB point again.

I am sorry for bringing VB into it again, but I really believe that VB's existance is going to have a very serious effect on the pricing. I believe it did on VWL, I think it will be even more dramatic on BCV.

"From each according to his ability, to each according to his needs", Karl Marx, pretty sick, huh?

 

[lumiereguy]

Richyams, do you feel that the point schedule will go higher when BCV arrives?

 

[dvcdudes]

I think by the time BCV opens the price per point will be higher than it is now but I would think somewhere around the high $70 range. $85 seems kind of high but DVC is very popular and you never know. Rich, Just curious as to what you mean by <BLOCKQUOTE><font size="-1">quote:</font><HR> VB's existance is going to have a very serious effect on the pricing. [/quote]
I don't understand this. I get everything else you say about VB but this one has me puzzled.

DVCDUDES
Owner BWV Feb 2000

 

[Dean]

I am certain that the BCV point schedule will be higher than BW preferred and WLV, how much remains to be seen. I think you'll see a combination of price increases and increased points. My guess is that BCV will be about 10-15% higher points and that the price will be around $75-80 pp depending on WLV sales. I feel they will purposefully work the numbers so that BCV will be higher points.

Dean

 

[kem330]

I concur with Rich's point that they won't be able to raise the $cost too much or it will price out Vero and Hilton Head. Also it will have less use time. I believe the points will be high for several reasons: newest property, choice location (close to action like BWV but a lot quieter), and smaller quantity of rooms. As a BC lover, I have high hopes for this property, but at the same time worry about point costs and how well they will landscape it- considering it is on the former tennis court, valet parking lot with virtually no views and limited space. Time will tell...

P.S. If you read previous posts most people think it will cost around $75-80/point

 

[Richyams]

In my worthless, stupid opinion( how was that DOC?), VB still has lots of points to sell. People weren't buying VB points in the $60s. They used the cost of construction to justify the point schedule at VWL....in reality they should have raised the price per point and had the point schedule between that of OKW and BWV, really, it should have been about the same as OKW...see my "value of a point spent" argument.

They couldn't do the proper thing and raise the upfront cost and put the schedule where it should have been. All the VB points that they have to sell kept them from doing that....then some will say "they could have just made a better MB program just for VB"...well they did that, and it would have had to be even more wild if the opeining proce for VWL was $77 per point as it should have been.

Now we get to BCV....even higher construction costs. Not only that, but now they have the "BCV is a more upscale resort" excuse. They need more for it, they can get more for it. To keep the value of a point spent at the resort constant, the point schedule would have to be the same as BWV or very slightly higher. In order to do that, they will need the price per point to be in the mid $80's.

VB points still being available will not allow them to do that. The can't start selling VB points at $85, they couldn't sell them at $65, why is anybody going to pay $85 for them?

So, I think that my $85 is higher then it will be, but the point schedule is going to be so much higher that it is going to make the eleven month window at OKW and BWV more important then it ever was.

Of course not everyone will stop buying VB, not everyone will shy away from spending the points at BCV when they can get the same sized unit in the same location as BWV for much less points, not everyone is going to stay at OKW with its much larger units and only have to spend a fraction of the points......but I think most will.

I think the eleven month window is going to be VERY important. I think that owners who bought at HH and VB planning to stay at WDW had better get used to staying at HH and VB.

Of course, these are only my uninformed, delerious, dopey and worthless opinions. I really have no idea what I am talking about and my opinions aren't even worth dirt.

How was that for a disclaimer????

"From each according to his ability, to each according to his needs", Karl Marx, pretty sick, huh?

 

[kem330]

Rich, your opinions certainly are not dopey! Jeez what would we do without you? You add a little spark to the conversation! However, I was surprised you aren't glued to the tv like my DH watching W and all the analysis of his speech?

 

[waltfan]

Makes sense to me!

 

[Sam60]

Here is more worthless speculation.

Talking to DVC employees, I came away with the distinct impression that "Pool Priviliges" at other Disney hotels are in danger of being canceled. Stormalong Bay in particular seemed on the endangered pool list because of the large number of DVC guests (BW guests in particular) using it. The feeling was that guests of BC and YC were being crowded out from their own pool.

Suppose after BCV is completed, they decide to limit access to Stormalong Bay to guests of the BC, YC, and BCV. It could be used to justify a higher point cost/room, as several people have suggested might happain.

Just a thought.

 

[Caskbill]

Rich....

What an attitude change. Doc must have really given you a stern talk. Anyway, you're right on with this one. Disney is going to be caught between a rock and a hard place when BCV's go on line. They can only push the MB stuff at VB so far and if BCV's go on sale for what they would need to be dollar wise, then VB sales would absolutely drop dead. Their only chance is to sell out VB in the next year and a half, but this isn't going to happen without some BIG incentives right now, and I don't see that happening.

We can all second guess, but won't really know for some time. When it's announced, there'll be a lot of I told you so's, or a lot of Who would have thought they'd do that. (We could probably make a list a mile long at this point).

If WLV sells out in a year, they will have some time with no WDW resorts available, and may try to entice new buyers into VB being the only resort available. (Or HH). That could be a problem.

Like Rich, let me just say this is all just IMHO.

Caskbill

 

[eva]

I think that Rich is right. DVC is going to have a lot of troubles when BCV comes up for sell. I can't believe that they could raise the points that much over BWV even with Stormalong Bay, but I bet they will. And that 11 month window will become very important by then. I guess that Vero and HH owners will likely be spending a lot of time at their home resorts or at the BCV where the points are likely going to be much higher.

 

[ocdb8r]

Do you think there is any chance they will keep the point schedule equal to that of BWV for the simple fact the RTU is only 40 years? Not that Disney has any fairness in mind, but paying over $80/pt., only 40 years RTU and having a higher point schedule really makes BCV an unattractive resort. Unfortunately the market will probably bear it....meaning it's not that likely.

I'd also be interested to hear if DVC has considered extending the RTU on BCV......if they keep building resorts they're going to have to do something like that eventually? Right?

 

[pharmlivin]

Maybe instead of raising the price per point for BCV they might institute much higher yearly dues ($5,$6,$7,per point for the "upscale property".) I don't want to give them ideas but I can see that happening. That might be away around the Vero/BCV price problem. Although things seem to be selling like hotcakes...who knows what this economy might bring.

 

[Richyams]

No, increased dues does nothing to solve the problem.

We are talking about getting a certain price for selling the resort. They can either have more points in a year, therefore more points per night, or raise the price per point.

I expect a combination.

Dues have nothing to do with the money DVC makes off the property. Dues are simply the cost of running the resort. DVC or Disney makes no profit on dues.

"From each according to his ability, to each according to his needs", Karl Marx, pretty sick, huh?

 

[Lisa F]

does it have to cost the same per point to buy into all of the DVC resorts? Why can't they just sell Vero at a more reasonable price per point and price new WDW resorts coming on line at prices appropriate to their construction costs?

Lisa

"You employ stone, wood, and concrete, and with these materials you build house and palaces. That is construction. Ingenuity is at work. But suddenly, you touch my heart, you do me good. I am happy and I say 'This is beautiful.' That is architecture. Art enters in."
-Le Corbusier

 

[Richyams]

Because then people will just buy VB points to use at WDW. Why would anyone spend $85 pp on BCV when VB is selling for $67?

Even though to most of us, its obviously going to be much wiser to buy on property for the higher cost, DVC sales staff will have a field day selling VB points, BCV won't sell at all.

"From each according to his ability, to each according to his needs", Karl Marx, pretty sick, huh?

 

[dianeschlicht]

Why would increased dues not be an option? I would think that would be a good way to raise revenue.

Disneydiane

 

[Richyams]

I just said:

<BLOCKQUOTE><font size="-1">quote:</font><HR> No, increased dues does nothing to solve the problem.
We are talking about getting a certain price for selling the resort. They can either have more points in a year, therefore more points per night, or raise the price per point.

I expect a combination.

Dues have nothing to do with the money DVC makes off the property. Dues are simply the cost of running the resort. DVC or Disney makes no profit on dues.

[/quote]

Dues have nothing to do with raising revenue for the DVC or Disney. Dues pay to run the resort. Income from sold points is the only place they can get profit.

The only way to increase that money is to raise the number of points or raise the price per point.

I expect a combination.

"From each according to his ability, to each according to his needs", Karl Marx, pretty sick, huh?

 

[PamOKW]

Why should the price per point or the amount of points per night be a concern to anyone not purchasing at the resort? It is very clear that each and every resort built by DVD does not even necessarily have to be become part of the DVC. As a business, DVC has no obligation to make their new resort affordable to everyone or to past customers. They can charge what they feel the market will bear. Vero sales seem to have picked up dramatically with the MB offering. Possibly they've reached a point where Disney isn't that concerned about additional sales there but will use the rental component until it finally does sell-out. I think the greater concern is for them to keep the buy-in number around $10,000 for the time being. That seems to work for getting the majority of people interested. As soon as you hit $74 per point you hit $11,000+. By the time BCV opens there may not be many direct from Disney options available and maybe they'll either reduce the number of points needed or go ahead and market this resort as more upscale and therefore worth more than $10,000 to buy-in. At $80 per point it would start at $12,000. If they make the minimum 125 points they'll still be at the $10,000 buy-in. They may not feel the need to do this though since the resort will be small and they have had unexpected success with WLV. $80-$85 per point and staying at 150 points may be very likely.

As long as we're guessing about things...maybe they are downplaying BCV because they aren't sure what will happen. Maybe it will become the first in a new series of DVC-type resorts rather than just a new DVC. We've heard talk of another OKW-like resort at one of the golf courses. Maybe they'll be a second group of DVC's. BCV-Golf Course-AKL with OKW-BWV-WL being the original group. This is just a wild guess on my part.

[This message was edited by PamOKW on 03-02-01 at 08:13 AM.]