Contemporary Resort

nuts

Lover of Disney, Family Guy, and all around good p
Joined
May 28, 2004
Messages
635
OK, with all the appropriate disclaimers, I have some interesting info on the new Contemporary Resort building. Now, please understand, I simply don't know when or what will be announced. I don't know the final decision. But, what I do have is some insight into discussions that have occurred. Very interesting stuff. No, I won't discuss how I got this info, so don't bother asking. Remember, the accuracy of this information is guaranteed to be equivalent to the amount you paid to receive it ;) OK, here goes.

DVC and the Resorts divisions have been in discussions for a long time about building a DVC at the contemporary. Discussions first began just after 911. Business was down and the resort was having difficulty filling the rooms. To top it off the resort was in desperate need for renovations. DVC at the north and the south wings seemed like the right solution. Well, during the planning phase the resorts popularity picks up. As a stop-gap measure resorts renovates the south wing. Good news for resorts. Popularity now really picks up...so they decide to renovate the north wing and keep it (mirror the south wing). Too late. DVC has committed funding for the north wing. Now the fight begins. OK, so the top guys agree to go ahead and build the new wing and negotiate how much is CR and how much is DVC. At one point CR was agreeing to let it be 100% DVC BUT the resorts division would purchase 100% of the points! Think of what this would mean. They would be able to book the building without competition during the 8 through 11th month. Most conventions are planned at least one year in advance, so that means they have access to the new building without worrying about competing with other members. At the 7 month window those rooms remaining would be made available to other guests, which pretty much guarantees the facility being booked out year round. A real win-win for Disney. Now, to top it off, if the resort popularity drops, resorts has the option to sell down points. Now looking like a win-win-win proposition.

Alright, that is all the info I have. Like I said, I have no idea on the final decision. I was told that the decision has been made. Those who really know the answer aren't talking, and those who are talking don't know the answer.
 
I will let those more in the know than I chime in on this one.popcorn::
 
Sounds like a loosing proposition for DVC members. When would any of us ever be able to book there? Should be interesting to see what happens.
 

Somehow I see disaster in this for everyone. Resorts gets stuck with all the maintenance fees and rooms they probably can't book. (How many Grand Villas would conventioneers really book?) And DVC gets a public relations nightmare in all those disgruntled members. All DVC members vying for that resort at 7 mos would be worse than trying to book Cindy's.
 
OK, I am new to DVC. So I am not sure. But wouldn't it be some sort of POS violation? I thought that corporate ownership of points was not permitted. I mean I get that it would be Disney owning Disney, but different divisions. If they say that it is Disney owning Disney, isn't there a 2% rule or something?

I don't see how, under this scenario, that this could even be considered a DVC property.
 
Likely such a thing wouldn't be legal anyway ;) I wouldn't get to worked up about this rumor.
 
i'm confused - so CR would purchase all the points and then rent them out.... how?

considering DVC has a "no commercial" clause in the contract they would only be able to book out 20 reservations each year.

what would they do with the rest of the points?
 
Likely such a thing wouldn't be legal anyway ;)

What part of it are you thinking would be illegal?

It would seem to violate the ownership maximums (I believe 2500 pts per resort and 5000 total), but that seems like a small hurdle to overcome.

It's an intriguing concept. There have been a number of debates over whether or not Disney would be able to rent a couple hundred Suites at the Contemporary. That remains a question only Disney can answer. But the CR is arguably their premier convention destination. When you've got large professional organizations (physicians, lawyers, etc.) holding nationwide member gatherings, I wouldn't be the least bit surprised if there are numerous particpants who are willing to pay hundreds per night for something larger than a standard guest room.

It would be a way to give convention organizations (and other cash-paying guests) exclusive access to the rooms up to 7 months in advance. Then whatever inventory is left 7 months out would be immediately gobbled-up by DVC members.

I'll say this about the concept--it's crazy enough that I'm not willing to simply write it off in the same manner as other nonsensical Disney rumors. I don't know whether it's being seriously considered or not but the idea has merit.
 
i'm confused - so CR would purchase all the points and then rent them out.... how?

considering DVC has a "no commercial" clause in the contract they would only be able to book out 20 reservations each year.

what would they do with the rest of the points?


Disney has been renting DVC Villas to cash guests for years--and in volumes much higher than that. The commercial ownership prohibitions don't really apply to them.
 
Doesn't sound realistic to me. If they can't book the rooms do they dip into other resorts at the 7 month window?
 
I do think there is some truths in the story.
Like....
DVC and CR are fighting for control.
The building will be a mixed use.
The building was going to be 100% DVC, but that has changed.

I don't think CR will get the whole resort. I am thinking it will be a 50/50 split. The CR 50% could be DVC units or just family suites.
 
I wonder if 100% of the CRV points could be used between 11 and 8 months. If not, would those points be competing with other members at OTHER resorts at the 7-month point? That is, would Disney use their CRV points to book guests at other resorts at the 7-month point?
 
or they could buy up the ownership using straw people as walt did when he originally bought the land to avoid an increase in cost:rolleyes1 ; unfortunately the word got out at the end; know PA has real estate laws that address this currently; assume FLA would too?

legal issues aside (of which i am not familiar); it would violate one of the basic tenants of DVC, the booking windows:confused3

typically, blocks of rooms reserved for conventions aren't released back into regular availability at least a month or less before the conventions so to open up the rooms @ 7 month mark wouldn't make sense
 
Since the economy is taking a downturn, will the resorts division still feel the same way if bookings take a dump? I still think the building will be 100% DVC.
 
Isn't their a maximum amount of points someone can purchase....this makes no sense at all on any level. Its like building a house with your own money, and then buying it from yourself for twice as much:confused3
 
It's an intriguing concept. There have been a number of debates over whether or not Disney would be able to rent a couple hundred Suites at the Contemporary. That remains a question only Disney can answer. But the CR is arguably their premier convention destination. When you've got large professional organizations (physicians, lawyers, etc.) holding nationwide member gatherings, I wouldn't be the least bit surprised if there are numerous particpants who are willing to pay hundreds per night for something larger than a standard guest room.

but then why make it dvc to start with - if they can rent out the rooms for say $300 a night why turn it into dvc and make it 12-15 points a night - even 20 points a night still only really translates to $200 - $250 a night - less then what they an get for a cash reservation.

they have to pay the dues themselves or right them off so they aren't making money there.

why not just keep it a cash resort?
 















DIS Facebook DIS youtube DIS Instagram DIS Pinterest DIS Tiktok DIS Twitter DIS Bluesky

Back
Top