DVC resale changes coming!?!

[disbound09]

So bottom line no changes regarding resales. Is there a webcast available. I am sure there were other important issues discussed. Thanks for the info.

 

[Sammie]

What a joke that is! I bought resale because it was all I could afford and now have the luxury of going there year after year. And might I add, spend a ton of money on their merchandise, dining plans and etc. They will more than get their money out of me!

DVD/DVC will get none of that money from you, they do not profit from mechandise, dining plans, etc. They only profit from direct sales.

 

[disneynutz]

So bottom line no changes regarding resales. Is there a webcast available. I am sure there were other important issues discussed. Thanks for the info.

They don't webcast the association meeting and they would never announce face to face anything that could be considered negative.

Bill

 

[chalee94]

So bottom line no changes regarding resales. Is there a webcast available. I am sure there were other important issues discussed. Thanks for the info.

here's all i know to suggest about the annual meeting:

http://www.dvcnews.com/index.php/dvc-program/owning-dvc/2148-2012-condo-association-meeting-summary

 

[Chuck S]

So bottom line no changes regarding resales. Is there a webcast available. I am sure there were other important issues discussed. Thanks for the info.

Why? Because no announcement was made at the annual meetings? The last resale changes were not announced at the annual meetings. They were announced and implemented separately, with no input or discussion with current owners. If these changes are to take place, look for it to be announced about 2 to 3 months prior to the effective date. But do not look for any such announcement at any of the annual DVC association meetings.

 

[disbound09]

Thanks for the info. I am new to DVC but trying to learn the ropes.

 

[LisaS]

Thanks for the info. I am new to DVC but trying to learn the ropes.

Historically DVC announces only good stuff at the annual meeting. Announcements that reduce or restrict perks tend to be done separately and often very suddenly. For example, when they ended the free valet parking perk, it took effect immediately. That was an unpleasant surprise to those who valet parked the night before when it was still free and retrieved their car the following day under the new rules.

 

[Garthilk]

DVD/DVC will get none of that money from you, they do not profit from mechandise, dining plans, etc. They only profit from direct sales.

Ultimately however, with better metrics DVD/DVC will be able to show the other business units just how profitable their customers are. With future RFID tickets, etc, they'll be able to prove that DVC members spend more, or spend less than your average park patron.

This could lead to better perks if done right.

 

[Longhairbear]

Ultimately however, with better metrics DVD/DVC will be able to show the other business units just how profitable their customers are. With future RFID tickets, etc, they'll be able to prove that DVC members spend more, or spend less than your average park patron.

This could lead to better perks if done right.

It will be interesting to find out how we DVC members spend our money. I would be on the side of spending less. Not being able to get ADR's, or seating at the last minute have us getting only 2 ADR per trip months in advance for Victoria & Albert, Le Cellier or Brown Derby etc. QS sandwiches, or a cup of coffee, and a Micky Ice cream are the only food we buy in the parks. We buy groceries off site, and cook in for most all meals, because that is what having a vacation home is all about. Some small groceries we buy in the resort store, and other stuff we pack from home.
My husband collects certain pins, but I usually get myself nothing anymore, unless it's a new book about Disney, or a music cd. Our souvenir spending has dropped dramatically over the years.

 

[Chuck S]

Our souvenir spending has dropped dramatically over the years.

My souvenir spending has dropped considerably over the years. I still like Disney T-Shirts, and will buy several if I see styles that appeal to me, but just as often, I find none that I like. That is the hook with soft goods merchandise, if you see something you like, either buy it or skip it, but know that odds are against them having it the next time you visit.

AS far as ADRs, I have made 3 ADRs for my May/June 8 night trip...and that is all I plan to make. If I decide on other locations, if they have no "day of" availability, I eat elsewhere.

 

[Caren90]

I believe that RFID tracking is going to show DVC members as being more frugal. Let's think about it for a minute; We bought into a timeshare program to ultimately save money on our accommodations. Our units have the possibility of a full kitchen, so we spend less on food and in restaurants. We are given parking passes so we don't pay the fee when we park hop with a car and we buy annual passes at a significant discount than the cost of buying tickets at the ticket window.

I think this tracking is going to prove DVC members as somewhat of a drag in overall sales.

Stephen

 

[mickeysbestfriend]

We used to go just once a year to the World. We did ADR's for dinners nightly and has food court breakfasts and a lite bite for lunch (turkey leg, pretzel etc)

Now with DVC we go 3-4 times a year. We have one ADR per day either a lunch or dinner and cook breakfast in the villa some morning or have a Trails End or Olivia's breakfast.

Lately my wife thinks that we need to home souviners for everyone so WOD store gets a workout on her charge card. I buy my Disney stuff on ebay!

I'd say we spend double or more of what we used to on our single trips versus our multiple trips. We Buy AP's now instead of multiday tickets as well.

If they go back to resort specific souviners we will probably buy even more studd to take home!

our two cents

 

[bighoo93]

I think this tracking is going to prove DVC members as somewhat of a drag in overall sales.

Stephen

That might be the case if DVC members are displacing other "big spenders" from going to WDW and spending money. Which I really don't think is the case. Otherwise it is still all incrementally more revenue, even if your theory is right that DVC members spend less on average than the typical Disney vacationer. We spent a fortune on park admission, dining, and souvenirs when we went in September. I was only renting DVC at the time, but I suspect I will have the same tendencies staying in the same place with my own points. Although I will probably have to cut back a little, it was pretty crazy!

 

[michelleiada]

We have a villa with a kitchen every time we visit but we still participate in dining plan. We also spend lots on souvenirs. Yes I'm Saving money on accommodations in the end but I'm visiting more frequently than I would have been able to without DVC and owning DVC means you are guaranteeing an on site stay when you visit, and more likely to spend your money at Disney. I don't see how that could hurt Disney's bottom line if your giving them more money than you would have without DVC! Am I missing something?

 

[cseca]

Our dining spending is pretty consistent throughout the years and we use restaurant dining A LOT.
But our souvenir spending depends on the discounts. This past trip we spent A LOT because of the 20%, if not for that we probably would've spent way less.

 

[Dean]

It is my opinion that seasoned DVC members spend less on average than non DVC members over time. I also believe that DVC members do displace some other potential visitors that might spend more. During peak seasons Disney as a whole likely makes less on park/dining/etc than they would without DVC at least per capita but during slower times it's likely the opposite just based on numbers. Overall I suspect Disney in general comes out a little behind ignoring the sales and management contract component. I look at it like restaurants that give a discount to certain frequent guests, they're a good base to build from even if the per person profit is less, plus they often act as good advertising.

 

[lilpooh108]

For in park spending, I think DVC Members are to WDW what AP holders are to DLR. We help them meet overhead and profit goals in slow seasons and we're a burden on the system during peak seasons.

 

[Caren90]

I went to Disney a total of 6 times last year on my points. I had an annual pass, I bought under $50 worth of gifts, and ate all but a handful of meals in my kitchen. The French bakery at Epcot did make quite a bit of money off of me and if Disney owned Jetblue, they would have also made a larger haul of my dollars (although several of those airline tickets were on points). I am a cheap DVC member and probably not what Disney wants as a frequent visitor.

Stephen

 

[RCharnay]

DIsney takes a much larger chunk of our budget now that we are DVC. We used to go every four years, now we go yearly or more. We use to stay value or mod and eat QS, now we eat breakfast in the room but do V&A one night. We do tours and just popped for our first PAPs--which means we are trying for 4 trips within 13-14. I am hooked to Disney now through the DvC umbilical cord--and loving it. But we aren't saving money and we aren't a drag on Disney, that's for sure.

 

[carlbarry]

I went to Disney a total of 6 times last year on my points. I had an annual pass, I bought under $50 worth of gifts, and ate all but a handful of meals in my kitchen. The French bakery at Epcot did make quite a bit of money off of me and if Disney owned Jetblue, they would have also made a larger haul of my dollars (although several of those airline tickets were on points). I am a cheap DVC member and probably not what Disney wants as a frequent visitor.

Stephen

Coincidentally, I was just thinking the same thing about my recent 10 day trip. I used my 10 day non-expiring ticket for Animal Kingdom. I got into Blizzard Beach for free with the DVC promotion--and also got a free gift. Got a free gift at Welcome Home Wednesday. Got a free gift at the Sundown Mingle at Jambo. Bought one meal ($11) at Jambo, other than that ate food I brought. Bought $4 worth of souvenirs at the outlet store (and a $15 sweat shirt I was asked by a friend to get). Oh, got a free cup of ice water at Animal Kingdom. So I guess I, too, am not exactly what Disney is counting on!