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RRB

I've got Cabin Fever, Copper Creek that is
Joined
Jul 4, 2001
This would make me not want to purchase any new resort. The best ones already exist. The product is becoming diluted, if it hasn’t been already.
I think that anyone purchasing direct (including the Riviera Resort) will be able to stay at any DVC Resorts, only resale buyers will be limited.
 
  • cde48

    Earning My Ears
    Joined
    Mar 12, 2013
    My point is, if those that buy points at DRR have to sell, due to a lost job, not the right fit, that direct contract on a resale market is garbage. It won’t be appeasing for someone buying on the resale market, to only be able to stay at one resort. Those contracts will be worth peanuts.
     

    DVC Fanatic

    Mouseketeer
    Joined
    Jun 30, 2018
    I think this will change the resale market dramatically and really tank any resale value in new resorts. Unless you want to exclusively stay at a new resort with no other option besides RCI, it will make no sense to buy resale of the new resorts.
     

    RRB

    I've got Cabin Fever, Copper Creek that is
    Joined
    Jul 4, 2001
    How would they restrict this? Add wording to the contract at ROFR?
    There are other limitations previously implemented to buying from a re-seller. How were those implemented?
     

    jarestel

    DIS Veteran
    DIS Lifetime Sponsor
    Joined
    Oct 24, 2003
    I think this will change the resale market dramatically and really tank any resale value in new resorts. Unless you want to exclusively stay at a new resort with no other option besides RCI, it will make no sense to buy resale of the new resorts.
    Saving lots of money will still make sense to plenty of people. If the resale prices are substantially lower than direct prices buyers will still have interest. Sellers will probably take a hit though.
     

    RRB

    I've got Cabin Fever, Copper Creek that is
    Joined
    Jul 4, 2001
    This news has not been confirmed by DVC yet.
     

    LionKingCPA

    Earning My Ears
    DVC Gold
    Joined
    Oct 11, 2015
    As I understand it this hasn't really been confirmed yet. But I've seen multiple sources report that it's a done deal. I'm very curious as to how the actual wording of this will be.

    It's understood that DVC could take away additional "privileges" from resale owners. And we all know they have done this to varying degrees over time (concierge, discounts). But this seems to potentially be treading on one of the basic rights - the right to book at any DVC owned timeshare based on the home resort/non home resort rules - that are promised in the contracts. I think they are arguing since Riviera (or any other future resort) didn't exist at the time of the resale purchase, these new resorts do not have to be considered a basic right?? That feels like a very grey area.

    Somebody talk me through where I'm wrong.
     

    miTnosnhoJ

    DIS Veteran
    Joined
    May 7, 2015
    As I understand it this hasn't really been confirmed yet. But I've seen multiple sources report that it's a done deal. I'm very curious as to how the actual wording of this will be.

    It's understood that DVC could take away additional "privileges" from resale owners. And we all know they have done this to varying degrees over time (concierge, discounts). But this seems to potentially be treading on one of the basic rights - the right to book at any DVC owned timeshare based on the home resort/non home resort rules - that are promised in the contracts. I think they are arguing since Riviera (or any other future resort) didn't exist at the time of the resale purchase, these new resorts do not have to be considered a basic right?? That feels like a very grey area.

    Somebody talk me through where I'm wrong.
    When you buy direct, you have to sign a document that includes language that you are not buying in anticipation of future resorts, and that Disney has no obligation to build future resorts. I think their case for this is stronger than the case for the 20% point increase for lockoffs.
     

    KAT4DISNEY

    Glad to be a test subject
    Joined
    Mar 17, 2008
    When you buy direct, you have to sign a document that includes language that you are not buying in anticipation of future resorts, and that Disney has no obligation to build future resorts. I think their case for this is stronger than the case for the 20% point increase for lockoffs.
    I'd agree from my understanding.

    The only thing I might find questionable is the exchange - there ought to be an offset for points going out and points coming in or at least I would hope so. How they are going to really balance that? I've got an idea of how they can make our points less valuable at Riviera or any new resort but if nobody in the current resorts exchanges out to them? Of course they will but again, I'd hope there has to be some balance.
     

    freediverdude

    Was very touched by the Tapestry of Dreams parade
    Joined
    Jun 16, 2002
    First the flap about the points, now this, and then the next whammy will be when we see the price increases, and then also the prices for Riviera soon. I think we are in for quite a ride the next few months.
     

    Wakey

    DIS Veteran
    Joined
    Dec 22, 2015
    I'd agree from my understanding.

    The only thing I might find questionable is the exchange - there ought to be an offset for points going out and points coming in or at least I would hope so. How they are going to really balance that? I've got an idea of how they can make our points less valuable at Riviera or any new resort but if nobody in the current resorts exchanges out to them? Of course they will but again, I'd hope there has to be some balance.
    They may need more 'exchange points' in DVC 1 as this DVC 2 grows, to create a buffer. That will cost them, unless of course they could create points out of thin air, but they can't do that!
     
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