Not yet. If I do not hear by the middle of next week, I will call back to get an update.Do either of you now have a date for your rescheduled call?
The April 11th date cited by @drusba is rapidly approaching.
Not yet. If I do not hear by the middle of next week, I will call back to get an update.Do either of you now have a date for your rescheduled call?
The April 11th date cited by @drusba is rapidly approaching.
[Cue the counterpoint.]
I’m not disagreeing with this for your benefit, but rather to share with the rest of the community on this thread as to why I’m not okay with this. So please feel free to ignore... and don’t think of a pink elephant.
The only things we can rely on when we enter into any financial arrangement with another party are the terms of that agreement as it has been spelled out in the language used in said agreement. The language clearly states in the POS and again in the Product Understanding Checklist that no points may be raised in use day without that increase being offset elsewhere. It was a concept repeatedly sold by guides and even made its way into marketing materials as a big safety selling point. What it costs for you to travel today will be the same as it will be in 50 years (with the usual caveats). I understand the marketing material is not legally binding, but they do serve to demonstrate the intent on the part of developer to lock owners into a particular cost over the life of the contract.
The problem with any member being okay with the POS, or Product Understanding Checklist being violated, however noble the the asserted intention is, is that it sends the message that Disney does not need to respect the language it laid out to each owner when that owner bought into Disney’s timeshare.
The terms of the contract should not flex based on what any one owner’s comfort level is. Owner A may be comfortable losing an entire year’s worth of points because they trust Disney. Owner B may only be willing to lose 2.3% of a year’s worth of points. While owner C may have a 0% tolerance. While every owner has a right to their opinion, the minimization of Owner C’s assertion of their rights protected by the contract should not be undermined or downplayed. The language in our contracts are the only things we have a right to.
I rail against the resale restrictions because I’m of the opinion that it’s an egregious, anti-owner move by Disney to line their pockets at whatever cost to the ownership, but I will never argue the legalities of it as it clearly states in the contract that monetary value retention is not a reason to buy into Disney.
I also don’t pin the viability of ownership on my ability to rent my points out or trade into the BVTC with my SSR points for the same reasons. I have zero expectations that DME will get my family to the parks, or that APs will be available for me to “save money” on my trips. I enjoy all of those things today, but know they are not protected ownership rights. It’s in the contract I signed and agreed to.
So when Disney violates one of the few protections I do have in the contract that I signed, I’m of the opinion that every owner should care. If they don’t, that’s fine, but it’s a disservice to the ownership as a whole to be comfortable with Disney violating a little bit here or there, because before too long we’re all just a big pot of frogs in a really warm bath that is just slightly less comfortable than the year before.
Basically you have (for example- not real numbers), 1 million points per year for a resort. Like each and every stay for every night adds up to1 million per year. Why? Because they sold one million points. And everyone gets an allotment every year. Dvc is now acting like there are 1.2 million points and every night in every different kind of room costs a bit more- but only at certain times of year. The have literally made up points they never sold. It is like the government just manufacturing money. Your money is instantly worth less. So now, your points are worth less. It is minuscule, but it is significant because it is illegal as per the dvc contract and because they could start compounding it. You used to be able to book 7 days in a studio at thanksgiving with your points. Now you can only book 6.Just want to say: I have no freaking idea what most of what is being said means. LOL! Where is the thread for "Dummies," ugg, "Newbies"Gonna have to pay attention to this jargon.
Thank you for your explanation. You made it very easy to understand. This is sad. Seems like everything has to be second-guessed and fact checked now. The reputation is what drove me to purchase. I don't think they need to tarnish it.Basically you have (for example- not real numbers), 1 million points per year for a resort. Like each and every stay for every night adds up to1 million per year. Why? Because they sold one million points. And everyone gets an allotment every year. Dvc is now acting like there are 1.2 million points and every night in every different kind of room costs a bit more- but only at certain times of year. The have literally made up points they never sold. It is like the government just manufacturing money. Your money is instantly worth less. So now, your points are worth less. It is minuscule, but it is significant because it is illegal as per the dvc contract and because they could start compounding it. You used to be able to book 7 days in a studio at thanksgiving with your points. Now you can only book 6.
Basically you have (for example- not real numbers), 1 million points per year for a resort. Like each and every stay for every night adds up to1 million per year. Why? Because they sold one million points. And everyone gets an allotment every year. Dvc is now acting like there are 1.2 million points and every night in every different kind of room costs a bit more- but only at certain times of year. The have literally made up points they never sold. It is like the government just manufacturing money. Your money is instantly worth less. So now, your points are worth less. It is minuscule, but it is significant because it is illegal as per the dvc contract and because they could start compounding it. You used to be able to book 7 days in a studio at thanksgiving with your points. Now you can only book 6.
Yes it is illegal. They are allowed to move points around, but they are not allowed to create more points. Period.Its more like 1million and now there are 1.06million this year. there isnt a year it will be 20% increase.
DVC split the days Easter can fall on into 2 seasons. Since they can never have a year cost less points that what they sold they had to pick the date that used the least amount of points as their "base" calendar. This means when Easter falls on a cheaper season the total points for that year will increase because Easter week is a premium week that cost the most points. When Easter falls on a more expensive season that it will fall back closer to the total points sold.
While this is not technically illegal this does question if DVC made the season's in the best interest of the members.
There has been point fluctuations for all of dvcs life based on holidays and weekends. Its now inflated more because of easter.Yes it is illegal. They are allowed to move points around, but they are not allowed to create more points. Period.
There has been point fluctuations for all of dvcs life based on holidays and weekends. Its now inflated more because of easter.
They didn't "raise points" its all based on where the easter week premium lands.
Could they switch back to 5 seasons? Yes. Could they readjust the seasons every year based on easter? Probably. Does mid to late April have less demand than March so it makes sense to put it in a different season? Yes.
I called and voiced my concerns and feel they were taken with a grain of salt. I personally don't belive what they did is 100% in the best interest of its members. I also think there is a lot of behind the scenes legal things we do not know about with what dvc can and can't do based on timeshare law.
You are using these terms “premium weeks” and “seasons” as if they are real things and not things made up by Disney. Then you’re saying that justifies why they have to raise the points, but only on years these “premium weeks” fall between “seasons”. My understanding is they can’t ever raise total points for any reason whatsoever. Am I wrong? If I am, I apologize and the debate rages on.
No there was no inch in the contract the number of points at a resort are a fixed immutable number.Perfect explanation, I understand there is more nuance to it than I originally thought. So it’s more of a “we put an inch in the contract and we’re now taking a mile” instead of being so black and white. Thank you.
Taking the position that the increase we are seeing is simply a move in the Easter week is akin to insisting that pushing someone off the train platform didn’t kill them, it was the oncoming Downtown Express train that killed them.Any calendar year that moves Easter to a different week or we have a leap year or more weekend days will give the chart more total points.
They can not raise total points sold ever. They based that on seasons and a calendar that included only 365 days and the least number of Friday/Saturday’s in the high demand time to come up with that total.
Any calendar year that moves Easter to a different week or we have a leap year or more weekend days will give the chart more total points.
The debate about its legality is whether the change to 7 season, the fluctuations of Easter between 3 seasons now, instead of 2...which is impacting the larger fluctuations than previous years..there has always been some.. is allowed.
According to DVC management, the chart for 2023 will not be adjusted other than for Easter changes and weekend differences and based on that it should come back down to a normal level of fluctuation.
Let me ask you this since you have spoken with them and were content with their answer.
Why has every sales guide since 1992 pitched that if one night goes up, the points must go down accordingly elsewhere...
Was every sales guide and member of DVC leadership, including the presidents just unaware of the product they created? Its really odd that this is all coming out now some 39 years later.