Disney's Long Term DVC Strategy

[Sandisw]

Not in favor of giving non home resort direct purchasers priority booking over non home resort resale owners. You’ve created a delta between resale and direct with everything you’ve already done and sufficiently differentiated the two products. Congrats. Do you really need to do more to diminish resale? It’s like stomping on an animal once it’s already dead. Enough already! Eventually you tank the resale product so much you can’t help but realize they really clobbered their direct buyer by making sure they take an absolute bath when they need to sell.

If they decide to continue with a trust model, and put every resort in their own RTU planc they can create that type of booking situation fairly easily

You have a home resort; priority booking at other trust properties and then trading via BVTC for the rest.

But, I’m not sure whether they woood do that are not.

 

[Carouselofplanning]

If they decide to continue with a trust model, and put every resort in their own RTU planc they can create that type of booking situation fairly easily

You have a home resort; priority booking at other trust properties and then trading via BVTC for the rest.

But, I’m not sure whether they woood do that are not.

Easy and good idea are not the same thing.
Even if your points fit into the category that gets priority in the long run you are short changed in the event you sell because your’re being forced to sell a fundamentally different product than what you bought.
It’s like owning a Mercedes and when you go to sell it they tell you you’re only allowed to sell a Nissan.

 

[Brian Noble]

plenty of land available right now

The fires did destroy a fair number of structures in and around Lahaina, but I suspect (strongly) that Maui County has no appetite for tourism development in that area. Maui is not Kauai, but it's not the "tourism at all costs" Maui of forty years ago, either. There was already a pretty big tourism backlash brewing over water usage on the West Side vs. the rest of the island.

On top of that. the lockdown showed residents what a tourism-free Hawaii felt like, and while there are serious economic questions about how that could work, the "look and feel" of it was a revelation for those who live there. Development was always tricky politically on the islands. It is a lot trickier now.

 

[Sandisw]

Easy and good idea are not the same thing.
Even if your points fit into the category that gets priority in the long run you are short changed in the event you sell because your’re being forced to sell a fundamentally different product than what you bought.
It’s like owning a Mercedes and when you go to sell it they tell you you’re only allowed to sell a Nissan.

Unless DVD changes course on resale restrictions, the product is already restricted.

It’s been 7 years since they were introduced and added to VDH and CFW. So, it doesn’t seem they are going anywhere.

Trading rights are a subject of the DVC Resort Agreement and we all bought understanding what that can look like, including when that kicks in.

Home resort must have one month, but it can be as long as they want it to be, which means trading can be shortened.

Even now they can decide to make the home resort period more than 4 months at any or all the resorts.

So, if DVD decides to make non home resorts booking shorter, they can. Matter of fact the contract even mentions that it might be used to deal with demand imbalances.

The trust product, assuming they continue using it to sell, makes having different priorities for non home resort bookings easier to accomplish.

There are some people out there who could see it as a plus…even if others don’t.

All we know is that they have, since 2012, introduced aspects to the program that make resale a different product.

It seems to me that this strategy isn’t going away. So, moving forward, it’s about selling whatever product they see is a positive way forward.

I know people here belive restrictions have impacted direct sales and it’s possible they have to a small degree, but not enough from DVds perspective against current goals to have abandoned them.