Disney Vacation Club adjusts 2010 Vacation Points charts

[huey578]

Looking at the new point charts, we will have an extra 2 points. We usually stay a week (Saturday thru Saturday) in October I feel for you guys that have to fork up extra points

 

[Starr W.]

Ever wonder if the folks at DVC put something on the member site for kicks, then check DIS an hour later and see what the reaction is..........

Actually there was a big DVC party tonight and after a few drinks, they decide lets see how we can get the Dis crowd wound up. Grab an IT guy and laptop, ta da new point charts and waitlist rule.

They may have had a pool on how many pages this thread would be by 11pm.

 

[DVCSAMNH]

Wow! I have to say that as a Sun-Thurs traveller I am very unhappy about this one. My husband and I along with our adult kids manage to squeeze about 30 nights/year out of our 350 points.

With even just a 2 pt per night increase that is a 60 point per year loss! That is a loss of a trip per year or sucking it up and purchasing a 60 plus point add-on! That is true for how many of us?? I own a small number of points. What about the big point owners who travel the same way. I can tell you that after this addonitis is cured. I don't trust them to not do this again.

I understand the POS, which I believe a lot of us do, I just don't think any one us ever thought changes would be this extreme. There just isn't enough benefit on the weekend end to make up the difference. The weekend points are still too high.

DVC is making a lot of changes lately and not one of them is making the members stand up and say "Yay!!"

 

[Chuck S]

Where does it say that's why there's higher points on weekends? I don't think that's in your membership info.

I assumed it was higher points on weekends because the price for staying on weekends on cash is higher as well (although that wasn't always true). Or I at least assume that it's about supply and demand - they charge more on weekends because they're in higher demand, even if it seems that most members only stay Sun-Thurs.

I'm not flaming you at all - everyone's entitled to their opinion about the changes, but you say it like that DVC's statement about the points -- was it?

iloveokw is correct that that was the reason stated by DVC to the early purchasers. As to whether or not that was the true reason is unknown. At the time, though, it seemed reasonable, as many timeshares allowed local owners to use the facilities (pools, weightrooms, etc) as "day visitors," many still do. And well, being Disney, many local owners probably would reserve weekends if the points were the same for weeknights and weekends. But, it may be that there has been too many empty weekend rooms, or too many members moving on weekends the last few years, so they are trying to equalize usage.

 

[toocherie]

our local news (L.A.) just announced that Disney has offered buy-outs to 600 theme park executives because of the drop in attendance, etc. Not clear if that was just West Coast employees but I'm assuming (hoping?) it's nation-wide and not just out here and there won't be an additional cut on the East Coast.

so you can look forward to less "magic" in the parks . . . . .

 

[toocherie]

Actually there was a big DVC party tonight and after a few drinks, they decide lets see how we can get the Dis crowd wound up. Grab an IT guy and laptop, ta da new point charts and waitlist rule.

They may have had a pool on how many pages this thread would be by 11pm.

East Coast or West Coast time?

 

[Starr W.]

East Coast or West Coast time?

I would guess east coast since they are in FL and they have to go to work on Thursday.

 

[logan115]

Actually there was a big DVC party tonight and after a few drinks, they decide lets see how we can get the Dis crowd wound up. Grab an IT guy and laptop, ta da new point charts and waitlist rule.

They may have had a pool on how many pages this thread would be by 11pm.

Wait until they announce that the points used for a SV at AKV will increase by 1 pt for every animal you see...........

 

[Starr W.]

Wait until they announce that the points used for a SV at AKV will increase by 1 pt for every animal you see...........

Do you have Jim Lewis's office bugged?

 

[jlewisinsyr]

our local news (L.A.) just announced that Disney has offered buy-outs to 600 theme park executives because of the drop in attendance, etc. Not clear if that was just West Coast employees but I'm assuming (hoping?) it's nation-wide and not just out here and there won't be an additional cut on the East Coast.

so you can look forward to less "magic" in the parks . . . . .

http://www.reuters.com/article/companyNews/idUSN2149402820090121?rpc=11

 

[logan115]

Do you have Jim Lewis's office bugged?

No - but I did stay in a Holiday Inn Express last night (would've been at DVC but they just raised the Sun-Thurs rates ).

Ok - I'm done ..............for now............

 

[bethy]

It just so happens I still have some of the 2010 point charts windows up from before they were taken down. I have AKV, BCV, SSR and OKW. If anyone wants some points quotes from those please let me know. Of course they could change - that might even be why there were taken down . . .

 

[RobDoc]

Those same terms and conditions are in many contracts, including insurance and investments, and let me tell you, more then one case has entered class status because of how a product was sold.

DVC is neither insurance nor an investment. It is a real estate purchase and the "verbal" clause is pretty standard in that type of contract ... and EVERY member has agreed to that provision - either as the original buyer or as the resale purchaser who (tacitly) agrees to the documents already agreed to by the seller.

A (very) few have had their personal legal representative review the documents before signing and that is one provision usually pointed out during that review. Most have not bothered to have that review, but that does not release them from any disappointment later after signing the agreement. If it's something important to a buyer, it would be best to have it included, in writing, in the contract you will sign.

 

[permavac]

...They have now changed twice in the past 13 years. The change for 1996 was announced in the fall of 1994 - we have traditonally received the new point charts about 15 months in advance - but this time we still have nothing in print and DVC has now even taken down the electronic notice from the member's site. We are within 5 days of being able to reserve for 2010 and nothing "official" has been sent out or even been made available on the member site...

Here is an indisputable fact. While I don't have strong enough feelings at this point about how any point changes will affect me (too few points right now to do much with anyway ), I will say that I knew the possibility was there that the points could move up or down. What is surprising to me is that there hasn't been any notice given here at the 11th hour. With all the talk of 11-month bookings and planning ahead, it stands to reason that plenty of DVCers plan a good year or so in advance of their vacations - which means point allocations are being calculated and accounted for. I know the changes are perfectly legal and I will accept them when they come out, but the lack of notice is... inconsiderate... to say the least.

Terri

 

[Chuck S]

It just so happens I still have some of the 2010 point charts windows up from before they were taken down. I have AKV, BCV, SSR and OKW. If anyone wants some points quotes from those please let me know. Of course they could change - that might even be why there were taken down . . .

If you are in adobe reader, try saving a copy. I closed the OKW chart before I saved it.

 

[ashbradnmom]

Doc while i agree with you on almost everything I have to disagree DVC is not an investment. You can chose to invest in real estate or the stock market, but it is still an investment. If you keep it long enough you can make money on it. But i plan on keeping mine for my kids(and myself a big kid).

 

[jlewisinsyr]

DVC is neither insurance nor an investment. It is a real estate purchase and the "verbal" clause is pretty standard in that type of contract ... and EVERY member has agreed to that provision - either as the original buyer or as the resale purchaser who (tacitly) agrees to the documents already agreed to by the seller.

A (very) few have had their personal legal representative review the documents before signing and that is one provision usually pointed out during that review. Most have not bothered to have that review, but that does not release them from any disappointment later after signing the agreement. If it's something important to a buyer, it would be best to have it included, in writing, in the contract you will sign.

Real Estate or not, many of the same governing policies apply. Let me clarify, I have no interest in bringing class, or anything on that line, just trying to make a point that sales tactics can be an issue.

Understand, their contract is not bulletproof, someone with the will, want and reason could break it apart, regardless of what is says.

 

[dvc at last !]

Thanks for this info.

 

[Bunkobeth]

I'm new here but with the numbers that were posted for SSR earlier in the thread, I've been adding and all sorts of stuff with the new and old charts. The points are WAY OFF. Knowing that the points can't change overall for the charts, I went through and added things up. The points overall are less for the entire SSR chart but in each category they don't add up correctly. If you add up each point the 2009 chart it equals 2056 pts. and in 2010 it will be 2023 pts.
Now, if you look at the weekly rate it gets even more "interesting"

For example: the 2009 studio points vs the 2010 studio weekly stay
adventure: 95 vs 96
choice: 97 vs 105
dream: 112 vs 112
magic: 123 vs 123
premier: 163 vs 161
overall net change is +7

For the other room sizes the net change for a 1 bedroom is -4, the 2 bedroom is -1, and the grand villa is -44.

I may not be looking at it correctly - but this really upsets me. If I was to take the same trip I'm taking in 2010 as 2009 it would cost me 28 more points! Could someone else grab a calculator and see if the points are the same for their resort charts.
I remember the CM telling us that they can reallocate points but the overall value would never change. My math says the seasons aren't balanced and the entire chart is out of whack. Therefore, the overall value has changed.
Am I looking at this correctly?

 

[RobDoc]

Doc while i agree with you on almost everything I have to disagree DVC is not an investment. You can chose to invest in real estate or the stock market, but it is still an investment. If you keep it long enough you can make money on it. But i plan on keeping mine for my kids(and myself a big kid).

The POS pretty clearly states that DVC is not an investment. IMO, no timeshare is an investment and should not be purchased as such. I have purchased a number of timeshares for pennies on the dollar based on their original selling price and have sold timeshares for no profit at all - and also just sold a DVC contact for $21/point more than I paid for it 10 years ago. At this time you can purchase timeshares in Hawaii for literally a penny and some expire with no bids at that price. Don't purchase any timeshare expecting to make a profit - it is not considered an investment.

Understand, their contract is not bulletproof, someone with the will, want and reason could break it apart, regardless of what is says.

I wish that "someone" well with their lawsuit - class or otherwise.