DHS Construction update thread (Read Post 1) Updated 8/21/19

[rteetz]

What makes you think they won't just to do a refurb and sell new points?

That's what I was thinking. Why wouldn't they just sell new contracts?

 

[jade1]

They very well might. What a luxury that is for them. But the point is the rooms are being built for them. They will have the "choice" to do whatever they want.

More DVC sales, or free hotels, depends on the need at the time-or whichever makes more sense.

If they build new rooms/hotels instead of DVC, then they (WDW) foot the bill.

I suspect some will be extended and some won't. BLT, like CR will command a lot as a hotel, as will POLY and GF, then again they might extend for a fortune as well.

Will they need more cash rooms down the road? Nobody knows, but the hotels/rooms are being built for them to make that choice when the time comes.

Plus part of each DVC is cash rooms anyway-so they have been adding "different/new" hotel rooms.


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[sachilles]

DVC is the likely scenario if any new lodging happens. DHS is the only park without resort lodging attached.

 

[Ursula's Apprentice]

I agree with you on that bar! I know one of the bartenders well, if I see him around one of these days I'll ask if he knows anything.

I'm very interested in hearing what he has to say!

 

[skier_pete]

That's what I was thinking. Why wouldn't they just sell new contracts?

This is exactly what will happen. They'll do a major infrastructure overall and then sell all the points anew. I doubt there would be a "tear down to the ground". The near-50-year-old buildings at the Poly were simply gutted and resold. The same will happen with DVC as long as there is a market for it. The profit on these things the second time around will be astounding.

 

[jade1]

This is exactly what will happen. They'll do a major infrastructure overall and then sell all the points anew. I doubt there would be a "tear down to the ground". The near-50-year-old buildings at the Poly were simply gutted and resold. The same will happen with DVC as long as there is a market for it. The profit on these things the second time around will be astounding.

Agreed. In the drivers seat either way.

 

[skier_pete]

Agreed. In the drivers seat either way.

Yes - because if you think of it, they charge current members fees to maintain the property - so when contracts expire they have a fully maintained property that they can resale for 50 years all up front. As I said, they may have to "renew" it to a degree. (Especially something like OKW.)

I know this is off-topic, but what's most interesting is several resorts (BCV, BWV, OKW, WLV, HHI, VB) all expire in 2042. Do they put all those resorts up for sale at once? Do they offer extensions to exist owners? (They did this OKW - but that was a bit of a failure as a small fraction chose to do it, and now they have two expiration dates at the property. Smarter to do something like this as properties start approaching expiration.) Do they close resorts to renew them? (Unlikely)

 

[jade1]

Yes - because if you think of it, they charge current members fees to maintain the property - so when contracts expire they have a fully maintained property that they can resale for 50 years all up front. As I said, they may have to "renew" it to a degree. (Especially something like OKW.)

I know this is off-topic, but what's most interesting is several resorts (BCV, BWV, OKW, WLV, HHI, VB) all expire in 2042. Do they put all those resorts up for sale at once? Do they offer extensions to exist owners? (They did this OKW - but that was a bit of a failure as a small fraction chose to do it, and now they have two expiration dates at the property. Smarter to do something like this as properties start approaching expiration.) Do they close resorts to renew them? (Unlikely)

Great points.

The resorts could be/should be in great shape on expiration-all paid for with dues.

I would expect them to stagger renewal offers so it isn't all at once.

They could also sell larger less popular resorts at a lower price.

They could keep 1/2 the rooms at any resort (or any rooms/contracts not renewed) as cash hotel rooms.

Or completely take over any resort/wing they want as a cash hotel.

They could even just take back the VGF Grand Villas if they find a cash need for them.

 

[Planogirl]

I wondered how DVC was such a good thing in the long term when obviously it's so front loaded but it didn't occur to me that so many contracts are expiring fairly soon. They could gradually add more DVC and slowly phase out their own hotel management and end up as DVC only at some point.

Maybe.

 

[OKW Lover]

I wondered how DVC was such a good thing in the long term when obviously it's so front loaded but it didn't occur to me that so many contracts are expiring fairly soon.

I wouldn't call 2042 "fairly soon".

 

[Planogirl]

I wouldn't call 2042 "family soon".

Well sooner than I thought about anyway.

People keep saying that Disney wants to get out of the hotel business and considering how front loaded DVC is there has to be a justification. Some have conjectured that someone else might run their budget resorts but still it all seems odd if true.

 

[OKW Lover]

Following all the DVC comments on this thread (sorry to continue the thread drift) and it sounds a bit one-sided. There is still a huge number of guests who stay in the regular (non-DVC) Disney resorts. This isn't going to change.

 

[jade1]

Following all the DVC comments on this thread (sorry to continue the thread drift) and it sounds a bit one-sided. There is still a huge number of guests who stay in the regular (non-DVC) Disney resorts. This isn't going to change.

Agree-the numbers are out there. Isn't there like 20 hotels and 8 DVC or something like that?

Lets just say 5 to 1 (maybe 10 to 1?). But every new DVC member (and every current member) is more or less removed from the cash hotels. That starts leaving cash rooms empty that would have been filled otherwise. Its obvious you stop building cash rooms, and adding DVC rooms instead-and even converting cash rooms to DVC rooms to fill the need.

But hotel guests will never be gone.

 

[OKW Lover]

Lets just say 5 to 1 (maybe 10 to 1?). But every new DVC member (and every current member) is more or less removed from the cash hotels. That starts leaving cash rooms empty that would have been filled otherwise. Its obvious you stop building cash rooms, and adding DVC rooms instead-and even converting cash rooms to DVC rooms to fill the need.

So far though Disney is the envy of the hotel industry with a very, very high occupancy rate. They are not leaving cash rooms empty at the current DVC/Resort mix.

 

[ColoradoDreamin]

What happened to DHS Construction Thread? I always do this...get lost on the wrong thread. I thought for sure this was the DHS Construction thread not the DVC thread...oh well.

 

[rteetz]

What happened to DHS Construction Thread? I always do this...get lost on the wrong thread. I thought for sure this was the DHS Construction thread not the DVC thread...oh well.

Yes I agree lets stay on the topic of DHS closures, walls, construction, permits etc.

 

[jade1]

Went to liberty tree this year. My group absolutely loved it. Every friend I have talked to eat there also raves about it. I had no issues with Tony's. Enjoyed that meal

I heard there were new walls near Muppets but can't confirm.

 

[skier_pete]

Yeah, it really got off-track. I will do my part and stop talking DVC.

I am really surprised that Disney hasn't yet had some sort of "ground breaking" ceremony on Toy Story land at least. All the closures have made news, but nothing on construction. Closure is bad news - construction is good news. Where are the spin-meisters?

 

[phillipsjp2003]

Can someone remind me what Star Wars items they have added to the parks currently?

Is it launch bay, meet and greets, and the nightly fire works? Are they still doing Jedi Knight Training?

 

[rteetz]

Yeah, it really got off-track. I will do my part and stop talking DVC.

I am really surprised that Disney hasn't yet had some sort of "ground breaking" ceremony on Toy Story land at least. All the closures have made news, but nothing on construction. Closure is bad news - construction is good news. Where are the spin-meisters?

Well there have been permits filed.