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[airjay75]

For awhile people were talking about a BLT expansion, is that now off the table? Doesn't it say somewhere in the POS that the cutoff is like 40 years remaining to add more units? Is the only way for them to add more DVC to Contemporary at this point to do a new association?

I believe the 40 year requirement is a state law requirement. So, yes, any expansion of BLT would need to be a new association.

I've thought about this in the context of RIV and thoughts that an expansion there (e.g., tearing down Aruba and building a new tower) would need to be completed by 2030 in order to join the RIV association. Seems unlikely.

 

[Sandisw]

For awhile people were talking about a BLT expansion, is that now off the table? Doesn't it say somewhere in the POS that the cutoff is like 40 years remaining to add more units? Is the only way for them to add more DVC to Contemporary at this point to do a new association?

It not the POS but the law that dictates this. The 40 year number is used and I know it applies to other types of associations.

@drusba would be a good one to confirm that aspect.

 

[Steelers0854]

We pay dues for DVC?…….

 

[eticketplease]

I’m not sure what the cast members are making but the Hawaii minimum wage goes up to $16 an hour in 2026

 

[eticketplease]

I've thought about this in the context of RIV and thoughts that an expansion there (e.g., tearing down Aruba and building a new tower) would need to be completed by 2030 in order to join the RIV association. Seems unlikely.

I wonder if the 40 years is based on when points are issued or the fact that they can be used for a month in the last year i.e. 2070 or 2069.

Riviera open in 2019 although it was in December and of course every lease contract ends on January 31. If doing the math based on years, it would be 51 years, although of course, in reality far from it when using the actual dates.

 

[Girlstar30]

Are these the kind of questions asked in the board meetings, like why housekeeping went up by 5 million??

 

[Girlstar30]

These are (supposed to be) set based on actual costs of the resort. The initial year is an estimate, and since the Aulani Debacle, they've set initial estimates on the high side. That leads to lower increases later.


Also front desk. It would not surprise me to know that (a) labor costs went up a fair bit overall in the last year and (b) the Hawaii labor market has material differences vs. the mainland.

I used to think all "on sale" resorts got a discount of dues so they can sell it but Aulani is still on sale soooo.... Is aulani fully declared since its not sold out? Doesn't dvc pay some of the mf for resorts that aren't fully declared? I know its been on sale forever I just dont know how that really works

 

[Chili327]

know we get access to the club lounge at the airport…. discounted rounds of golf…

We do?? (Aulani members) That’s a nice perk for sure! Is it a Disney thing like a direct only perk?

I believe the 40 year requirement is a state law requirement. So, yes, any expansion of BLT would need to be a new association.

I've thought about this in the context of RIV and thoughts that an expansion there (e.g., tearing down Aruba and building a new tower) would need to be completed by 2030 in order to join the RIV association. Seems unlikely.

I would think a new association is better for them anyway, new point chart, new/longer expiration date, etc

I’m not sure what the cast members are making but the Hawaii minimum wage goes up to $16 an hour in 2026

A living wage definitely costs.