Disney Riviera Resort

[lockedoutlogic]

Again -- I get what you're saying in theory, and maybe they're getting close. Your one data point is clearly not dispositive.

And my own experience in hotels tells me that rooms at all hotels are discounted -- sometimes heavily -- all the time.

What matters is how that all nets out at the end of the year.

And we can't know what that picture looks like unless someone wants to share current propriety info with us here.

The Igerian model is vastly different...cause I was trained in the eisnerian one.

Now...it's not a problem so much...what happens when the next yutz takes over and then is being ordered to inflate the stock price?

Long term vulnerability to this unit.

 

[lockedoutlogic]

Ahh, the ones worth $80,000 now?

You wrote the check?

And if you think you're selling those today for double price...do you want to buy my magic beans?

 

[MickeyMinnieMom]

The Igerian model is vastly different...cause I was trained in the eisnerian one.

Now...it's not a problem so much...what happens when the next yutz takes over and then is being ordered to inflate the stock price?

Long term vulnerability to this unit.

On all of that, all we can do is wait and see.

I won't get too worried YET, as I have no proof whatsoever that there is actually even the beginnings of a real problem here.

As always, there are changes that some are not happy with. Whether that ever translates into an actual problem for the company, we really can't know right now.

But I'm here chatting about this and watching what they do with DRR and other things because it's certainly possible that someone screws this up. That's always true with any company -- particularly when you hit a change in leadership.

 

[jade1]

You wrote the check?

And if you think you're selling those today for double price...do you want to buy my magic beans?

They are indeed worth double, many contracts are. I am far from alone.

 

[dlavender]

You wrote the check?

And if you think you're selling those today for double price...do you want to buy my magic beans?

You obviously haven't read Jade's book: "Turning timeshares into equity, opportunity cost is fake news"

 

[Madonna3]

Who said exclusive in the sense that no one else is welcome to the restaurant or gondolas?

If you're referring to anything I've said, my thinking is a "new DVC animal" with more amenities onsite that other DVC's that are connected to deluxe resorts. Seems like they would/should/could need that in order to get top $$.

I said it. I made up the scenario. It was all about me. It had nothing to do with what you said. I am just sitting here speculating that I wonder if the "hook" will be DVC exclusivity since that seems to be the current desire and drive for current members. They want exclusive DVC events and they're "selling out" before Disney even has a chance to reach the close date. All of these "Magic Events" have a 2 week booking window and aren't even lasting 48 hours before they're full. Obviously the demand for DVC only events is there.

 

[Madonna3]

Ahh, the ones worth $80,000 now?

Wait wait wait? For what? What contracts are now worth $80k cause I have a GF and a Poly contract that I would happily list for double what I paid, especially Poly.

 

[jade1]

You obviously haven't read Jade's book: "Turning timeshares into equity, opportunity cost is fake news"

The contracts are worth double. Can't be argued.

 

[dlavender]

Wait wait wait? For what? What contracts are now worth $80k cause I have a GF and a Poly contract that I would happily list for double what I paid, especially Poly.

It's 100% true, list it. See below for confirmation.

The contracts are worth double. Can't be argued.

 

[MickeyMinnieMom]

I said it. I made up the scenario. It was all about me. It had nothing to do with what you said. I am just sitting here speculating that I wonder if the "hook" will be DVC exclusivity since that seems to be the current desire and drive for current members. They want exclusive DVC events and they're "selling out" before Disney even has a chance to reach the close date. All of these "Magic Events" have a 2 week booking window and aren't even lasting 48 hours before they're full. Obviously the demand for DVC only events is there.

Exclusive events and an exclusive resort are entirely different animals!! The former are harmless perks to members. The latter would probably be a PR mess. Don't see that happening.

 

[Madonna3]

It's 100% true, list it. See below for confirmation.

LOL,. you can't sell me a bridge, sir. I want to see some kind of proof.

 

[Madonna3]

Exclusive events and an exclusive resort are entirely different animals!! The former are harmless perks to members. The latter would probably be a PR mess. Don't see that happening.

Why? It's a private company on private property. They can make things membership only. They can make bookings open to the public, but there's no reason why Disney couldn't make something membership only, they do it all the time. Can the public go to Club 33 without a membership? No.

ETA: Can non members use the Epcot Lounge? No. Can non-members get up to Top of the World without a DVC member? No.

 

[dlavender]

Why? It's a private company on private property. They can make things membership only. They can make bookings open to the public, but there's no reason why Disney couldn't make something membership only, they do it all the time. Can the public go to Club 33 without a membership? No.

That's interesting. That would definitely give the place a hook.

If they thought that the restaurant would stay booked taking DVC only reservations, I don't see why they wouldn't do it.

Give the place an exclusive amenity while spending very little money?

It's the language of the mouse.....

 

[dlavender]

LOL,. you can't see me a bridge, sir. I want to see some kind of proof.

The proof is below. Don't even try to argue it.

The contracts are worth double. Can't be argued.

 

[MickeyMinnieMom]

Why? It's a private company on private property. They can make things membership only. They can make bookings open to the public, but there's no reason why Disney couldn't make something membership only, they do it all the time. Can the public go to Club 33 without a membership? No.

Sure they CAN! Does it make any sense though?

• Let's limit our market for the restaurants onsite
• Let's limit our market for any stores onsite
• Let's bar thousands of guests staying at nearby hotels connected via gondola from entering -- that won't rub anyone the wrong way
• Let's not let anyone but members rent a room rack rate or rent DVC members' points -- that'll go over well, right?!?

Oh, and let's gamble on DVC owners caring AT ALL about having "exclusive" access to this one resort.

As a DVC owner...

• Would you pay a penny to have your resorts only accessible to DVC members?
• How would that improve your experience?
• How would you even KNOW THE DIFFERENCE?

I don't see the business case for this.

 

[lockedoutlogic]

They are indeed worth double, many contracts are. I am far from alone.

Which contracts? Recent ones?

Old ones? Of course...fully agree. But what happened between then and now is they DOUBLED the price. These things do matter.

 

[dlavender]

I know I'm rolling OT here, but just allow one more.

A 300 point Poly contract can be sold for $137 per point.

Surely you bought yours for $68 per point?

Who didn't?

 

[MickeyMinnieMom]

That's interesting. That would definitely give the place a hook.

How so?

If they thought that the restaurant would stay booked taking DVC only reservations, I don't see why they wouldn't do it.

Don't you think this would be a HUGE RISK to take??

So are we also not renting rooms rack rate to any non-members?? Broken immediately.

 

[jade1]

Wait wait wait? For what? What contracts are now worth $80k cause I have a GF and a Poly contract that I would happily list for double what I paid, especially Poly.

We go through every so often. Many members (Andrew and I for example) picked up a lot contracts (not sure how many Andrew did) when they were in the $40 to $60 range.

 

[dlavender]

How so?


Don't you think this would be a HUGE RISK to take??

So are we also not renting rooms rack rate to any non-members?? Broken immediately.

Yeah, I couldn't really see them letting potential customers gondola on by without "allowing" them to enter the shiny building and pick out their "exclusive" DRR mug....

And not being able to rent out your place would probably be a negative, but they probably want to start stomping that out one day anyway.

But if their data is telling them that DVCers really would value such a proposition and pay extra for it, then they'd do it.