I think this is a misunderstanding of relevant law. They can stop spec renting by stopping name changes without rebooking without triggering the material rental rights clause.
Yes, I don’t understand why this isn’t more obvious to people on the thread. While not everybody is comfortable renting, a lot of people are going to chose to stay at BWV for $450 a night renting points instead of $650 direct to Disney. Disney could demand increasingly huge premiums on Crescent Lake hotel rooms and the for profit rental industry was born.
It’s true that if Disney buys back a ton of points through trade in or ROFR they still need to fill the rooms…but if they don’t buy/trade anything and just tell owners that there are limits on renting, it’s not coming out of Disney’s pocket — either the owner travels more or they let the points go, and most of the would-be renters takes a room from hotel inventory.
Yes, they can absolutely make all lead changes a cancel and rebook.....as that is part of the HRR.....but what I don't believe they can do...is make the HRR different for owners depending on who the guest is....so, its either all lead changes are a cancel or rebook, or none of them are....I do not believe they can make different HRR for owners who are the guest vs. family/friends/renters who are guests.
So, that chance can happen and have nothing to do with the commercial purpose language of the contract....no different than changing the home resort windows, the holding period, etc...
Changes like that could have been made and be in place within a month or two after the meeting....all they need to do is file the amendment with the division that oversees timeshares...which is what they did with the updated transfer rules amendement for the HRR.....
Making this type of change though would have far greater impact on the membership as a whole and why I personally am not worried it will happen....because that is one message that came out clear at the meeting.....rule changes with unintended consequences for the average owner would not be done lightly unless they felt it was a better way...hence, why I believe there has been no attempt at rule changes.....they don't yet have ones they feel are better....
In terms of impact on the hotel division? That is not the job of DVC to make rules against owners to help TWDC's sell rooms to cash guests....and that is one area that I would hope owners would all agree.
DVC should never attempt to limit our rights to rent (or any rights we have as owners) based on the goal of increasing hotel occupancy....doing so would certainly fall under a failure to meet their fiduciary responsbility to act on what is in the best interests of the membership....there is no way to spin that helping the hotel division sell more cash rooms is a benefit to us, as owners.
All DVC is responsible for doing is setting up a commercial use policy and then enforcing it when they have evidence that an owner is violating that policy...it really is that simple in what their resposnbility is.
The big grey area is what definition will the adopt, does it rise to the level that one would see as reasonable (which is what owners at the pre RIV resorts are entitled to) and what will enforcement look like.
While DVC has certainly attempted over the years to stretch thier interpretation of the contract when doing some things, they have always at least had an explanation as to how their interperation fit...I just don't see them attempting to put in some such limiting rules for a problem that they stated is not "widespread"
I get people can say they were not telling the truth, but it doesn't really matter because that is the message that was sent to owners at the VGF meeting...those commerically renting is not a widespread issue...but that yes, they would be actively working to stop the ones who were doing it...