DVC Dues History 1991 - 2007

[robinb]

Here is a DVC Dues History from 1991 - 2007:

http://personalpages.tds.net/~rb/DIS/DVC/DVCDuesHistory.htm

 

[Parkhopper13]

Thanks for the post...good info!!!!

 

[corpcomp]

Excellent information. Downloaded to Excel and noticed that the average increase based on the life of the resorts is as follows:

Resort Avg Inc.%
OKW 3.44%
BWV 2.44%
VB 4.11%
VB(sub) 4.13%
HH 3.26%
VWL 4.13%
BCV 4.42%
SSR 2.35%

 

[eyeheartgoofy]

Thanks! Neat chart to have!

 

[ssonley]

Has anyone tracked the cost of staying at moderate/deluxe resorts over the same period?

I'd be interested in comparing the % increases...

Thanks
Scott - on the bubble of purchasing

 

[petbren]

Here is a DVC Dues History from 1991 - 2007:

http://personalpages.tds.net/~rb/DIS/DVC/DVCDuesHistory.htm

Been researching for over two months, and am finally going to call this weekend. Are the numbers on the chart, dollars/point?
Example: 150 points at BCV, 150X4.64= $696 dues per year??

Thanks

 

[LIFERBABE]

Been researching for over two months, and am finally going to call this weekend. Are the numbers on the chart, dollars/point?
Example: 150 points at BCV, 150X4.64= $696 dues per year??

Thanks

Yes, that is per point.

 

[LisaS]

Excellent information. Downloaded to Excel and noticed that the average increase based on the life of the resorts is as follows:

Resort Avg Inc.%
OKW 3.44%
BWV 2.44%
VB 4.11%
VB(sub) 4.13%
HH 3.26%
VWL 4.13%
BCV 4.42%
SSR 2.35%

I'm curious how you calculated this because I got slightly higher results (quite a bit higher in the case of HHI). I'm not a finance type so I may not have done this correctly, but just using SSR as an example (since it's the shortest list) the annual increases have been: 0.79%, 3.92% and 3.52%, for a total of 8.23%. Divide that by 3 and you get 2.74%, not 2.35%. Here is what I got:

Average of annual increases:
Resort Avg Inc.%
OKW 3.61%
BWV 2.53%
VB 4.45%
VB(sub) 4.35%
HH 4.30%
VWL 3.91%
BCV 4.20%
SSR 2.74%

Taking compounding into account:
Resort Avg Inc.%
OKW 4.7062%
BWV 2.8256%
VB 5.1378%
VB(sub) 5.0613%
HH 5.2359%
VWL 4.3804%
BCV 4.5623%
SSR 2.8070%

 

[corpcomp]

I'm curious how you calculated this because I got slightly higher results (quite a bit higher in the case of HHI). I'm not a finance type so I may not have done this correctly, but just using SSR as an example (since it's the shortest list) the annual increases have been: 0.79%, 3.92% and 3.52%, for a total of 8.23%. Divide that by 3 and you get 2.74%, not 2.35%. Here is what I got:

Average of annual increases:
Resort Avg Inc.%
OKW 3.61%
BWV 2.53%
VB 4.45%
VB(sub) 4.35%
HH 4.30%
VWL 3.91%
BCV 4.20%
SSR 2.74%

Taking compounding into account:
Resort Avg Inc.%
OKW 4.7062%
BWV 2.8256%
VB 5.1378%
VB(sub) 5.0613%
HH 5.2359%
VWL 4.3804%
BCV 4.5623%
SSR 2.8070%

Actually I calculated all the increases not including the proposed 2007 which is why it is different.

 

[LisaS]

Actually I calculated all the increases not including the proposed 2007 which is why it is different.

Since posting this, Salmoneous posted the formula to use to calculate the average increase (as opposed to taking the average of each year's percentage increase):

[(Latest Price)/(Original Price) ^ (1 / Number Years)] - 1

I recalculated using that formula and here are the results:

Resort Avg Inc.%
OKW 3.5705%
BWV 2.4909%
VB 4.3979%
VB(sub) 4.1056%
HH 4.2218%
VWL 3.8947%
BCV 4.1953%
SSR 2.7317%

 

[Doctor P]

Salmoneous formula is seriously flawed as well.

 

[LisaS]

Salmoneous formula is seriously flawed as well.

I'm not a finance type so I don't know the proper name for what the formula calculates. What Salmoneous' formula provides is exactly what I wanted to know: what fixed annual percentage rate would I have to apply to a resort's dues every year, (starting with the initial dues figures in the table) to end up with the 2007 annual dues figures.

So for BWV, for example, if we had had an increase in the dues of 2.49% per year every year since the resort opened, from a starting value of $3.70 in 1996, we would end up with dues at $4.85 11 years later for 2007.

 

[Doctor P]

I'm not a finance type so I don't know the proper name for what the formula calculates. What Salmoneous' formula provides is exactly what I wanted to know: what fixed annual percentage rate would I have to apply to a resort's dues every year, (starting with the initial dues figures in the table) to end up with the 2007 annual dues figures.

So for BWV, for example, if we had had an increase in the dues of 2.49% per year every year since the resort opened, from a starting value of $3.70 in 1996, we would end up with dues at $4.85 11 years later for 2007.

I stand corrected. I actually had misread Salomoneous' previous post where the formula was explained. The formula is right on. Thanks for pointing it out and for posting the correct formula. There are still significant flaws in using this formula, but the formula itself does not have flaws. I would assert that what one should be also looking for is the "typical" increase not the mathematical "average" increase. This gives you different useful information.

 

[corpcomp]

What tends to confuse the issue is the negative increases several resorts had and the 7-9% increases some resorts had in 2006. Anyone know why they went up so much for 2006 except for BCV? I assume SSR was low because it is new.

 

[Doctor P]

What tends to confuse the issue is the negative increases several resorts had and the 7-9% increases some resorts had in 2006. Anyone know why they went up so much for 2006 except for BCV? I assume SSR was low because it is new.

One of the major reasons was hurricane related expenses from the 4 hurricanes in late 2004 and the huge number of hurricanes in 2005 (increased insurance and maintenance didn't really work itself into the budgets till 2006 as I recall). Add to that the tremendous increase in utility costs last year.

 

[corpcomp]

One of the major reasons was hurricane related expenses from the 4 hurricanes in late 2004 and the huge number of hurricanes in 2005 (increased insurance and maintenance didn't really work itself into the budgets till 2006 as I recall). Add to that the tremendous increase in utility costs last year.

Yikes!!! I can appreciate that!.We just had a strong storm hit the Outer Banks with gusts up to 115 MPH last Tuesday according to the papers. Wiped out the beaches and many of the wooden stairs going up over the dunes for beach access. We got hit with a 22% increase in utilities in 2006 and were just advised the power company got approval to raise rates another 8% in January.

 

[jarestel]

Well, I don't know ships from shinola when it comes to formulas, but from what I CAN glean, it seems that one can expect dues to increase from now until the end of time.

 

[Granny]

Well, I don't know ships from shinola when it comes to formulas, but from what I CAN glean, it seems that one can expect dues to increase from now until the end of time.

I think taxes will continue to increase. Not so sure about the rest of the fees especially the capital reserve accounts.

Of course, if Disney wants to continue to subsidize the resorts, that'd be okay too.

 

[drakethib]

Great info to have.

Nice work.

 

[alfredromero1975]

Great table! I'd never seen anything like this before so thanks!