BLT Renters Price

[jcf]

I wonder if it's going to be the usual $10pp or will it demand a premium.

 

[dburg30]

Probably a premium to start with, but I doubt it will be anything really silly, but who knows

 

[RobDoc]

Since it has a higher point cost per night, it has a "premium" aleady built-in.

As with any rental, it will depend on what the member asks and what the renter is willing to pay.

 

[jjgraff30]

I am paying $11.75 a point for a 200 point transfer. I felt like that was rather reasonable.

 

[Tink-n-Belle]

IT should be at a premium as a 1 bedroom in the cont tower MK view goes for $1400 a night.

 

[JimMIA]

I agree with some of the others that there will be a premium initially. After the initial buzz, I'd expect the built-in premium of higher points cost to be the main issue except at really prime times.

The bigger question to me is where rentals generally go over the next couple of years. We have a period where a substantial increase in DVC inventory is coming online (AKV completion, THV opening, BLT opening) and an overall economic environment where you'd expect more DVC owners looking to rent their points to fewer customers. All of those factors should drive rental prices down.

I'm one of many who have long thought $10 per point was a substantial underpricing, but in the environment of the next couple of years, owners may be lucky to get $10.

I also suspect the risk level in renting will increase, primarily because the cancelation risk should increase as people's jobs/work situations become more uncertain.