Can DVC rent out empty SSR rooms?

[jade1]

Just curious about all the advertising I've seen from Disney about rooms at SSR. Plus the displaced POP guests being moved etc. If there are a lot of SSR resales those folks may not be using the rooms anymore, the economy may keep folks home, SSR owners may choose to to fill other resorts at 7 months etc.

Anyway, not trying to pick on SSR-it just seems so big and likley to have more empty rooms, are empty rooms (at any DVC) up for grabs for Disney? Or is it a set number at each resort regardless? And who gets the money?

 

[Deb & Bill]

Just curious about all the advertising I've seen from Disney about rooms at SSR. Plus the displaced POP guests being moved etc. If there are a lot of SSR resales those folks may not be using the rooms anymore, the economy may keep folks home, SSR owners may choose to to fill other resorts at 7 months etc.

Anyway, not trying to pick on SSR-it just seems so big and likley to have more empty rooms, are empty rooms (at any DVC) up for grabs for Disney? Or is it a set number at each resort regardless? And who gets the money?

DVC owns about 5% of each resort, plus any points that they have purchased back through ROFR. They are giving new members who purchase at AKV (who can't use their points until the new building opens) an equal number of points to use at SSR. If SSR owners stay at a different resort, other members will stay at SSR. There are so many points available for points reservations. If they aren't used for points reservations, they are turned over to CRO to sell 60 days out. But if a member wants to make a reservation for something that has been turned over to CRO to sell and it is still unsold, DVC can pull it back for a points reservation.

The money from those reservations made with the unreserved points stays goes into DVC for maintenance or some other pot.

 

[jade1]

DVC owns about 5% of each resort, plus any points that they have purchased back through ROFR. They are giving new members who purchase at AKV (who can't use their points until the new building opens) an equal number of points to use at SSR. If SSR owners stay at a different resort, other members will stay at SSR. There are so many points available for points reservations. If they aren't used for points reservations, they are turned over to CRO to sell 60 days out. But if a member wants to make a reservation for something that has been turned over to CRO to sell and it is still unsold, DVC can pull it back for a points reservation.

The money from those reservations made with the unreserved points stays goes into DVC for maintenance or some other pot.

Thanks Deb, so basically we as owners want the resorts filled through cash rentals to help lower our dues, or have fewer rooms filled and pay higher dues.
Thats good to hear-just didn't want packed resorts with no advantage for DVC owners.

 

[disneynutz]

The money from those reservations made with the unreserved points stays goes into DVC for maintenance or some other pot.

The Disney Management bonus fund.

 

[spiceycat]

The Disney Management bonus fund.

not quiet although think that CRO takes 50% for renting it.

 

[PamOKW]

There's a line item in the DVC budget "breakage" that is the money from rentals (and it may also include some other items....possibly interest).

 

[DebbieB]

Did they move people from POP again this year? Or are you talking about last year? Last year SSR had unsold inventory that DVD still owned and could rent out.

 

[jade1]

Did they move people from POP again this year? Or are you talking about last year? Last year SSR had unsold inventory that DVD still owned and could rent out.

Not really-I just had heard they did that and I have seen SSR offered here and there, mainly just wondered if empty DVC rooms could be rented by Disney and they get the cash-sounds like its kind of a split I guess.

Also since displaced AKV guests were not offered regular (POLY/GF) rooms it seemed really unfair.

 

[RobDoc]

In addition to the "breakage" inventory, there are also rooms available for cash reservations from the points used by DVC members for the non-DVC options like the cruise, Concierge Collection, Disney Collection, etc. Income from those rooms is used to offset the costs incurred by DVC for those non-DVC options. This revenue does NOT apply to lower DVC annual fees.

The 2-4% at each DVC resort owned by DVC is primarily used to replace member inventory when villas are out-of-service due to renovation or maintenance issues. Any of that ownership not needed to replace member inventory is also rented via CRO - but the income does not benefit DVC member fees.

 

[magicaldisney11]

My son was supposed to stay at POP but got moved to Corondo Springs this week.