Direct Sales Aug 2022

[floridavet]

Riviera has better incentives with a longer contract length. I don’t think resale restrictions are an issue for most buyers

Riviera does have better incentives, but as someone looking to buy their first contract, it seems pretty trivial in the grand scheme.

Current incentive on 150 pts for Riviera is 1650 and for VGF is 300.
The difference currently in dues is +17.25 for Riviera. So you'd make up the difference in about 7 years of your VGF contract. You'll also pay quite a bit more for Riviera over the life of the contract.

 

[zavandor]

Grand Floridian and Riviera are both awesome resorts. I've never fully understood the seemingly intense competition between the ardent supporters of either. It almost seems as if some folks want sales at the Riviera to tank to try and make some point. I personally hope sales at both go very well.

I don't think anyone hate Riviera the resort itself (a part from legitimate personal tastes). But many people hate the resale restrictions that have been introduced with Riviera and hope they fail.

 

[HIRyeDVC]

I don't think anyone hate Riviera the resort itself (a part from legitimate personal tastes). But many people hate the resale restrictions that have been introduced with Riviera and hope they fail.

No one loves the restrictions but are willing to accept it because of the quality of Riviera. Just ask Pete Werner

 

[Nursemanit]

Riviera does have better incentives, but as someone looking to buy their first contract, it seems pretty trivial in the grand scheme.

Current incentive on 150 pts for Riviera is 1650 and for VGF is 300.
The difference currently in dues is +17.25 for Riviera. So you'd make up the difference in about 7 years of your VGF contract. You'll also pay quite a bit more for Riviera over the life of the contract.

You're assuming it will go up as fast as the others - that has not been the trend so far.

 

[Sandisw]

Grand Floridian and Riviera are both awesome resorts. I've never fully understood the seemingly intense competition between the ardent supporters of either. It almost seems as if some folks want sales at the Riviera to tank to try and make some point. I personally hope sales at both go very well.

For many, it’s about the restrictions and they would prefer to see it do poorly so DVD rethinks it’s strategy.

I’d say the last two months helps DVD realize that they can sell not only a resort with restrictions but also one that doesn’t have the full 50 year expiration.

It makes more believe that Poly tower will be restricted and also end at same time as PVB.

Regardless, the current pricing of both resorts has allowed them to sell most of the points at these two and away from sold out ones.

 

[Nursemanit]

For many, it’s about the restrictions and they would prefer to see it do poorly so DVD rethinks it’s strategy.

I’d say the last two months helps DVD realize that they can sell not only a resort with restrictions but also one that doesn’t have the full 50 year expiration.

It makes more believe that Poly tower will be restricted and also end at same time as PVB.

Regardless, the current pricing of both resorts has allowed them to sell most of the points at these two and away from sold out ones.

If you look at the chart nabas put in the thread - sales are well below average, so they are doing better than the pandemic but not near what CCV or PVB did prior. Who knows, we may find out this weekend what the future holds if they announce anything at D23.

 

[BeachClub2014]

For many, it’s about the restrictions and they would prefer to see it do poorly so DVD rethinks it’s strategy.

I’d say the last two months helps DVD realize that they can sell not only a resort with restrictions but also one that doesn’t have the full 50 year expiration.

It makes more believe that Poly tower will be restricted and also end at same time as PVB.

Regardless, the current pricing of both resorts has allowed them to sell most of the points at these two and away from sold out ones.

Yes, I do understand its generally about the restrictions. I think one can dislike the concept of restrictions without rooting for the resort to fail.

The other irony with restrictions is that many people gloss over that all resale points since 2016 are restricted. Go figure.

I definitely agree that the restrictions are likely here to stay.

 

[Nursemanit]

The other irony with restrictions is that many people gloss over that all resale points since 2016 are restricted.

Except they are not really restricted if only one resort is not available. I could argue that my Direct RR is " restricted" from booking a studio for a week at BCV or VGC since one never comes open.

It is only RR resale that really is restricted.

 

[BeachClub2014]

Except they are not really restricted if only one resort is not available. I could argue that my Direct RR is " restricted" from booking a studio for a week at BCV or VGC since one never comes open.

It is only RR resale that really is restricted.

In that sense, yes, for now. There's also the restrictions on member extras, cruises, etc.

 

[floridavet]

You're assuming it will go up as fast as the others - that has not been the trend so far.

Good point. My math is very generally and could be wrong if Rivieras dues continue to be flat while VGF rise. The opposite could also be true and Rivieras could rise at a higher clip over the long term. In the end my point was compared to dues, the initial savings is pretty minimal over the life of a contract.

 

[Sandisw]

If you look at the chart nabas put in the thread - sales are well below average, so they are doing better than the pandemic but not near what CCV or PVB did prior. Who knows, we may find out this weekend what the future holds if they announce anything at D23.

True, but total sales are moving back up to pre pandemic levels which is a good thing.

RIV is a different product and I would be surprised if DVD went in with the notion it would sell at the same level as the others…but rather it would sell well enough to keep the strategy in place.

Neither resort is hitting the levels of prior resorts on their own because buyers have two really good choices…

But, what we are seeing is that buyers are choosing the one that fits their needs better, and that shorter expiration or resale restrictions isn’t keeping them from choosing something different.

 

[Flash_Sloth]

Other than the tower studio, the studios at Riviera have the traditional DVC model containing a mini kitchen with sink, minifridge and microwave, and sofa area. Maybe people are speaking out against those resort studios with their wallet….

I wish more people would speak out, but I'm not sure if the right people are listening.

VGF2 vs. RIV isn't quite an apples to apples comparison. I own at RIV. I don't own at VGF (yet), but I have stayed there.

On one hand, it is a MK & monorail resort vs an Epcot/DHS & Skyliner resort. People have different favorites, and that may change over the years, maybe as kids get older. I love that VGF also has a sidewalk to get to/from MK; I've walked it before. And as much as I love riding the Skyliner, it is down too often in bad weather. (To be fair, I've also been stuck in a monorail one time when they were shut down due to bad weather.) IMHO, they should pave some sidewalks and add a few crosswalks to let people walk between RIV & Epcot/DHS; there is already a sidewalk between Epcot & DHS; just need to branch off it to get to RIV.

I was initially thrilled to hear about VGF2, but then was underwhelmed once I realized it was a cheap hotel room remodel. I know that studios are the most popular option in DVC, but the new Resort Studios are very different than the Deluxe Studios in Riviera and that are common at other DVC resorts. No kitchenette, the 2nd bed isn't a Murphy bed / sofa, a drink cooler vs. a mini-fridge, etc. The Resort Studios are not as premium as they should be with the high points chart at VGF.

And then you throw in different direct incentives, different expiration dates, resale restrictions, maintenance fees, etc, it isn't so exact to do a comparison. But they're both doing well in their sales.

 

[Ruttangel]

. No kitchenette, the 2nd bed isn't a Murphy bed / sofa, a drink cooler vs. a mini-fridge, etc. The Resort Studios are not as premium as they should be with the high points chart at VGF.

I just stayed there in a Theme park view room 2 weeks ago, beautiful room, the day bed is excellent and loved the private viewing from the balcony of EW Pageant and we also saw Halloween Fireworks.
Approaching RIV from the Skyliner is very underwhelming, a grey miserable building but I did love the Terrace at Topolinos.