DVC August 2024 Sales Numbers

[CastAStone]

Seemingly every DVC marketing email I get has been for CFW for a few months and until recently the DVC ads chasing me around the internet were for CFW too (about a week ago they flipped to a mix Island Tower and, strangely enough, Aulani).

They added in an extra promo just for CFW.

I disagree that they’re not trying.

 

[BrianLo]

I strongly believe RIV will be well sold out prior to ‘Reflections’ in 2027.

Will has a mistype, if it maintains 100k sales it is gone in 18 months. 20 if they could sell 100% of the points. I’m sure it will slow down considerably against Poly, but we’re under 1.8 million points now.

 

[Sandisw]

I strongly believe RIV will be well sold out prior to ‘Reflections’ in 2027.

Will has a mistype, if it maintains 100k sales it is gone in 18 months. 20 if they could sell 100% of the points. I’m sure it will slow down considerably against Poly, but we’re under 1.8 million points now.

It will definitely have slower sales once PVB tower starts...but I predict that after a few months of brisk sales, DVD will end up making RIV more attractive again, enough so that its sales rise, especially for those buyers who are not dead set on needing or wanting PVB tower!!!

It is why I think we are going to see only modest incentives when PVB tower starts because of they hype! I am still predicting it to start at $239/point (to match VDH) and incentives at 200 points to $220, and then MB will make it $200...though, given that I think the first set of points for most UY's are going to be 2025, I don't know if MB is going to be that popular!

Can't wait for this info to come out in about 2 1/2 weeks!!! Well, that assumes that the October 1st date we all think sales begin actually happens!

 

[Ruttangel]

The member update that you can go to at Disney Springs member lounge or SSR centre are all focussed on the memories you can have at CFW and how easy it is to get there to do a tour (hurry up and give me my free bag!)

It’s being pushed hard but I’ve always thought it just doesn’t sit well in DVC and then those dues

 

[AstroBlasters]

I've been in VDH. And some of the views are just terrible. There's the Downtown Disney Parking Lot. And there's some apartment buildings. And over there is a local neighborhood where some of the houses are not in the best shape. This is one of the few places where it's 100% worth the up charge to simply look at the pool.

Side question: does anyone know what the six (I think it's six) studio-like units are at the back of the pool? Are the private cabanas, but indoors? Are the studios? Are they rental space for meetings?

Garden Studios and Duos. I stayed in one last week.

 

[sarahlord]

It will definitely have slower sales once PVB tower starts...but I predict that after a few months of brisk sales, DVD will end up making RIV more attractive again, enough so that its sales rise, especially for those buyers who are not dead set on needing or wanting PVB tower!!!

It is why I think we are going to see only modest incentives when PVB tower starts because of they hype! I am still predicting it to start at $239/point (to match VDH) and incentives at 200 points to $220, and then MB will make it $200...though, given that I think the first set of points for most UY's are going to be 2025, I don't know if MB is going to be that popular!

Can't wait for this info to come out in about 2 1/2 weeks!!! Well, that assumes that the October 1st date we all think sales begin actually happens!

Hmmmmmmmm I hope the Riviera gets better sales eventually to try and sell the last of it. I want more Riviera points but I’m not convinced right now financially that I need it

 

[tx911]

Hmmmmmmmm I hope the Riviera gets better sales eventually to try and sell the last of it. I want more Riviera points but I’m not convinced right now financially that I need it

Same here! I'm teetering, and all it would take is a good incentive to push me off the cliff!

 

[Mouseforward]

So would it be safe to say the limiting factors are

CFW
1. maintenance fees ( pretty obvious)
2. Restrictions
3. General “unique qualities“ of cabins

VDH
1. Restrictions
2. transient Tax
3. maintenance fees

With RIV selling well , I wonder if restrictions are the cause ? Or is it the taxes and MF ?

 

[Sandisw]

So would it be safe to say the limiting factors are

CFW
1. maintenance fees ( pretty obvious)
2. Restrictions
3. General “unique qualities“ of cabins

VDH
1. Restrictions
2. transient Tax
3. maintenance fees

With RIV selling well , I wonder if restrictions are the cause ? Or is it the taxes and MF ?

I don’t think restrictions are a huge deciding factor for buyers. I think the reason VDH and CFW are having sales issues is because they are niche products for owners.

 

[BrianLo]

So would it be safe to say the limiting factors are

CFW
1. maintenance fees ( pretty obvious)
2. Restrictions
3. General “unique qualities“ of cabins

VDH
1. Restrictions
2. transient Tax
3. maintenance fees

With RIV selling well , I wonder if restrictions are the cause ? Or is it the taxes and MF ?

VGC didn’t sell well either. I do think the transient taxes weighed on the cost benefit of VDH in an unexpected way. Mostly if there was no transient tax, VGC prices wouldn’t hold.

But VDH is being priced purposefully to slow roll it, because Disneyland DVC in general is not an unlimited resource.

 

[disneylandtour]

VDH
1. Restrictions
2. transient Tax
3. maintenance fees

With RIV selling well , I wonder if restrictions are the cause ? Or is it the taxes and MF ?

The Transient Tax is huge. It's about $3 per point per use. So if you use all of your VDH points each year at VDH, your effective member fees go from $9.53 to about $12.50 per point, which is terrible.

 

[obsesseddisneyfan]

I stayed in an Airbnb that was in one of those Apartment's. It is clear that those will be torn down in the not so distance future. The Kitchen was not even stocked with the basic pots and pans. We looked up the property and found that the complex we were in had just sold for millions. My husband and I kept joking that we were staying in a multimillion dollar apt.

 

[CastAStone]

VGC didn’t sell well either

VGC went from on sale to sold out in 15 months. I know it’s small and It didn’t sell as many points per month as like Bay Lake Tower but i struggle to agree that it didn’t sell well.

It averaged over 70,000 points per month.

 

[tx911]

I don’t think restrictions are a huge deciding factor for buyers. I think the reason VDH and CFW are having sales issues is because they are niche products for owners.

I find the restrictions only a minor inconvenience, but I also have a batch of direct points that I can use anywhere.

As time goes on there will be fewer and fewer resorts that resale points can be used for. The eventual endpoint is that resale points are worthless except at their home resort.

Restrictions may become a larger factor, for example in 2042, when there are many fewer options for resale points. OTOH, I would be happy using my VGC points only at VGC forever, and my RIV points only at RIV.

 

[Sandisw]

I find the restrictions only a minor inconvenience, but I also have a batch of direct points that I can use anywhere.

As time goes on there will be fewer and fewer resorts that resale points can be used for. The eventual endpoint is that resale points are worthless except at their home resort.

Restrictions may become a larger factor, for example in 2042, when there are many fewer options for resale points. OTOH, I would be happy using my VGC points only at VGC forever, and my RIV points only at RIV.

It will definitely impact the product down the road for those that want or need to buy resale.

But, I am with you…I own the places I can stay at all the time…and most often do.

The thing is that I still believe their will be resale buyers when many resorts can’t stay places because it will be still cheaper than cash stays…not so good if one bought with resale value in mind, but I think it will still be sellable!

 

[tx911]

It will definitely impact the product down the road for those that want or need to buy resale.

But, I am with you…I own the places I can stay at all the time…and most often do.

The thing is that I still believe their will be resale buyers when many resorts can’t stay places because it will be still cheaper than cash stays…not so good if one bought with resale value in mind, but I think it will still be sellable!

I agree.

For me the delta between resale and direct is small enough relative to the decades of annual dues, that I usually gravitate towards direct.

 

[Genie+]

For direct buyers the restrictions make zero difference while using the contract, while dues make a difference and so does ToT.

The only time restrictions are tangible is selling, otherwise they really don’t exist to a direct owner. If you never sell or don’t sell for a long time, they don’t affect the owner much if at all.

Buying VDH or CFW you are always going to feel those higher dues costs. Even though VDH has the added ToT it might be in a better position than the cabins because it has less competition. West coast and east coast are 2 separate ballgames.

 

[VGCgroupie]

For direct buyers the restrictions make zero difference while using the contract, while dues make a difference and so does ToT.

The only time restrictions are tangible is selling, otherwise they really don’t exist to a direct owner. If you never sell or don’t sell for a long time, they don’t affect the owner much if at all.

Buying VDH or CFW you are always going to feel those higher dues costs. Even though VDH has the added ToT it might be in a better position than the cabins because it has less competition. West coast and east coast are 2 separate ballgames.

Also with VDH you don’t pay TOT when you aren’t staying at VDH with CFW you are paying the $12 dues no matter where you stay.

 

[kboo]

But what is more amazing to me is that people are buying Vero Beach direct at $150 with resale prices in the $40s... That's ~$14 in current dues and an extra ~$9 per year when amortizing $150 over the 17 remaining years.

Trying to figure out if there’s any case to be made in buying VB direct today.

I was trying to figure this out also - as @Genie+ was saying, if you only had a white card and rented out points at $20pp then for $3pp you have bought direct benefits like lounge and MM...? Still a head scratcher.

 

[CastAStone]

If you:

• Already owned a very large number of VB points,
• Had been traveling to VB for many years and understand exactly what each option is and have decided that you only ever again want to:
• Stay in the beach cottages, during:
• Only the hard to book seasons, and
• You were 1000% sure this would not change between now and 2042, and
• Needed a very small number of additional points to do so, and
• You are one of those people whose basically just good on money and not really that concerned with it,

Then I’d say go ahead.