DUES Info! - All resorts dues have been released

[Cyberc1978]

It also depends on if it’s a shared resort or not.

As I just posted, one way they determine an associations share of the shared expenses is occupancy which doesn’t also related to that.

Take the studios at BRV and CCV…one has occupancy ability for 5 and the other 4.

That will play a role. The specifics of how it is calculated is not included in the budgets but it could be something that an owner at a shared resort is entitled to request?

My understanding of the occupancy (my understanding might be wrong) is that if my room fits 5 then it does not matter if it’s only me occupying the room it still counts as 5.

 

[Sandisw]

My understanding of the occupancy (my understanding might be wrong) is that if my room fits 5 then it does not matter if it’s only me occupying the room it still counts as 5.

Correct. What I meant is that if the room can hold up to 5 but the other only 4, the room that can sleep more will be responsible for a larger share of the shared costs.

Which helps to explain, in part, why front desk costs per point are different for BRV vs CCV

What they don’t do is simply divide it in thirds between BRV, CCV, and the cash side.

 

[Judique]

On comparing costs per point on a particular expense, like front desk/admin, I do think those are perfect examples of where the amount per point in our dues is affected by the overall number of points and their allocation to different rooms.

So, if you have two resorts with the same number and proportion of rooms, you are presumably going to need about the same number of front desk employees. But, if one resort has double the points the other one has (and rooms cost double the points), then you'd presumably see front desk expenses at the lower points resort cost twice as much as the other on a per point basis. I think that could going a long way to explaining CCV's low front desk/admin with all those point heavy cabins.

With HHI/VB, you're dealing with different labor markets (in addition to the different check-in procedures), so you're introducing more factors. May well have to pay front desk people more money in those labor markets than someplace like the greater Orlando area and it's presumably large supply of hotel/tourist/service labor.

Not justifying any of the numbers, just coming up with plausible explanations for the differences.

Keeping regular employees such as front desk is a factor also. I go there a few times a year and I know there is constant turnover. In fact, driving down I 95 there is a sign recruiting for people that has been up for a number of years.

Hilton Head Island overall is a small place, jampacked with retirees, beautiful beach side homes, resorts, condos and many, many vacation rental units. It's also dotted with timeshares. There are many of them. Marriott has at least 5 or 6, maybe more. I would imagine getting and keeping employees in all of the resorts on the island is overwhelming. There are also over 200 + restaurants which draw a lot of labor. People do drive in from the countryside and between Charleston, Beaufort and HH, there's lots of countryside but people are relatively sparse. Going south, Savannah has it's own demands for workers but overall a bigger pool to draw from, in my opinion.

When the island is full of people, it's people on holiday that are swelling the numbers, not necessarily people looking for a part time job. It costs money to continuously be training people. Somehow they manage it there and get most of them to be so nice! Those of us who own at Hilton Head and go there often have seen the cuts. But still, we realize we have something special, that is not duplicated at other Disney resorts.

 

[SkampyOne]

Hmmmm since this was the original proposed, and not the final 2025 dues, suddenly I feel a lot better about the increase

2026 BWV is $9.6717. The chart on page 1 has the original proposed 2025 at $9.0570 but ACTUAL was $9.2058. So "only" 5%. See I saved money already

 

[LuvOrlando]

Whoa, so you can basically rent there for a week for cost of annual fees?????

wowsie wow wow

 

[VGCgroupie]

Whoa, so you can basically rent there for a week for cost of annual fees?????

wowsie wow wow

Are you saying wow like thats good or wow that’s bad?

 

[Chili327]

Are you saying wow like that's good or wow that’s bad?

I'm not sure who they were replying to, or if they just misplaced a decimal point on dues. lol

 

[muppets3d]

CCV pays $.67pp for their Admin/Front Desk, while HHI pays $2.40. Well over triple. Even with all the resort differences, 358% cost $pp? I look forward to visiting one trip and excited to experience that front desk service. It is rumored to be next level And while AUL wins paying $1.41 for housekeeping, I’m pretty sure VB’s $3.86pp must be due to having more sand.

Since I had nothing better to do tonight than pick this apart

OpEx is by far the largest chunk of our dues, and within in that some of the bigger expenses vary quite a bit.

	Operating Expense	Admin/Front Desk	Mouse Keeping	Maintenance	Transport
BLT	5.32	.74	1.91	.68	.41
PVB	5.56	.80	1.84	.72	.61
VGF	5.56	.92	1.73	.67	.71
CCV	5.67	.67	1.58	.83	1.03
SSR	6.20	.79	2.09	.71	1.04
BCV	6.49	.92	1.79	.92	.40
BWV	6.51	.97	2.08	.92	.62
BRV	6.52	.84	1.75	1.06	1.03
RIV	6.56	.93	2.23	.66	.99
AKV	7.01	.99	1.94	.91	.80
OKW	7.62	.94	2.40	.92	1.41
VGC	7.64	1.13	2.12	.74	-
VDH	7.83	1.80	2.68	.93	-
AUL	8.53	1.31	1.41	.65	-
CFW	8.90	1.24	2.76	.89	2.00
HHI	10.00	2.40	2.73	1.28	-
VB	11.42	2.13	3.86	1.50	-

Please don’t be shy if you find a typo - let me know. Much appreciated

Eta - whoops! Dang it BCV transpo is $.40

Part of it may be that at HHI, there is no hotel component to share the cost with. The front desk at WL is used by the WL cash rooms, CCV, and BRV so they all split the cost.

Now that we're looking at the breakdown, I wonder where the costs for the shuttle between HHI's Live Oak Lodge and Beach House are accounted for. There is nothing listed under transportation. I assume it either falls under Admin or Operating Expense.

 

[Spivey378]

My addonitis is cured!

 

[Duckbug.Ducktales]

Whoa, so you can basically rent there for a week for cost of annual fees?????

wowsie wow wow

Can you explain what you mean?

 

[LuvOrlando]

I'm not sure who they were replying to, or if they just misplaced a decimal point on dues. lol

Can you explain what you mean?

I saw a comma, migraine eyes can be trippy.

 

[muppets3d]

VB's dues are pretty much at the rental cost now, so the timeshare is functionally worthless. It's only value is the fact that it can exchange into other resorts. And I don't see how anyone could ever break even on a CFW direct purchase, especially considering the frequent cash rate discounts.

 

[airjay75]

I was recently able to compare the rack rate at VB compared to a 4 night reservation during Easter week. Rack rate was the equivalent of $18.50/point in a 1 BR villa. So, assuming that holds true for other room categories, would be a little bit of value IF you needed home resort priority there and were comparing to rack rates. The only category where I think that is regularly needed are the beach cottages. Maybe there are some higher demand times too.

But, I am honestly surprised that people are willing to $40+ per point for VB contracts. Maybe $10/point would entice me for some beach cottage stays? But, I suppose there will always be buyers who look past the dues and see that low upfront purchase price.

 

[muppets3d]

I was recently able to compare the rack rate at VB compared to a 4 night reservation during Easter week. Rack rate was the equivalent of $18.50/point in a 1 BR villa. So, assuming that holds true for other room categories, would be a little bit of value IF you needed home resort priority there and were comparing to rack rates. The only category where I think that is regularly needed are the beach cottages. Maybe there are some higher demand times too.

But, I am honestly surprised that people are willing to $40+ per point for VB contracts. Maybe $10/point would entice me for some beach cottage stays? But, I suppose there will always be buyers who look past the dues and see that low upfront purchase price.

It's not a bad entry into DVC if you know what you're in for. I wouldn't buy it, but everyone has their own priorities. Friend of mine bought VB because of the low buy-in and uses it for SAP. The low buy-in plus high dues evens out for him. I don't think he plans on holding the contract until expiration.

 

[Cyberc1978]

VB's dues are pretty much at the rental cost now, so the timeshare is functionally worthless. It's only value is the fact that it can exchange into other resorts. And I don't see how anyone could ever break even on a CFW direct purchase, especially considering the frequent cash rate discounts.

true, and another option for which it also holds value is if you use it to rent. Not meaning you should buy VB just to rent, because there would be better options out there, but if you already have a contract it could be a way of getting some/all of your money back.

 

[Cyberc1978]

I was recently able to compare the rack rate at VB compared to a 4 night reservation during Easter week. Rack rate was the equivalent of $18.50/point in a 1 BR villa. So, assuming that holds true for other room categories, would be a little bit of value IF you needed home resort priority there and were comparing to rack rates. The only category where I think that is regularly needed are the beach cottages. Maybe there are some higher demand times too.

But, I am honestly surprised that people are willing to $40+ per point for VB contracts. Maybe $10/point would entice me for some beach cottage stays? But, I suppose there will always be buyers who look past the dues and see that low upfront purchase price.

When it comes to timeshares which DVC is, then many tend to look at the upfront cost alone and not so much on the ongoing costs. Since VB look so cheap when you look at the point cost alone then some could think it would a good way to get your feet wet. If you like the use then you could potentially commit for a larger investment.

 

[VGCgroupie]

VB doesn’t even make sense at a $0 initial buy in. The only way it makes sense if you NEED home resort booking priority.

 

[AwfulWaffle]

At that rate Subsidized won’t be the lowest in no time… negating Sub AUL being the best as SAP+.

Nope but I have always known this but it’s still the cheapest way to stay at Aulani at the 11 month mark so that’s why we took the five. I have always expected this to surpass SSR and CCV before 2030 and it is still on course. It will still hold its resale value for those who want to own at Aulani for priority booking but I certainly would never buy it for long term SAP. All that immersive authenticity comes at a cost and Hawaii will always have a higher operational cost than any Orlando resort. Still glad we found ours and will never part way with our subsidized points.