DVCM Email today

[Grumpy by Birth]

No mention of OTU points to round out a reservation, do you think they will still offer those while limiting borrowing?

OTUPs already have a limit on how many you can purchase and they make DVC more $$$, so (purely speculation), I suspect they will still sell them even though it brings more points into the UY.

 

[2theCastle]

OTUPs already have a limit on how many you can purchase and they make DVC more $$$, so (purely speculation), I suspect they will still sell them even though it brings more points into the UY.

Thanks, kind of my thinking too, may offer a very limited buffer.

 

[Sammie]

I honestly can't believe some of these replies. Not a single member unhappy with this move, has offered any solution as to how they would have done it differently. Which means to me, you have no idea. This is not a normal situation and yes some are going to come out better than others. There was absolutely no way to do anything that would please everyone.
As to being able to book something going forward, well that's just they way it's going to be. We probably will forfeit a year of points, as I don't see us going until there is a vaccine. No vacation is worth my life or the lives of others.

 

[KAT4DISNEY]

. We probably will forfeit a year of points, as I don't see us going until there is a vaccine. No vacation is worth my life or the lives of others.

And I doubt you're the only family thinking this which will also affect villa availability by not taking up your share with the conscious decision to forfeit points. Some will decide not too go and try and rent but there are owners who don't want to do that and will make the same decision and just allow their points to expire.

 

[Sammie]

And I doubt you're the only family thinking this which will also affect villa availability by not taking up your share with the conscious decision to forfeit points. Some will decide not too go and try and rent but there are owners who don't want to do that and will make the same decision and just allow their points to expire.

I am sure for various reasons, there will be lots of points that will just expire this year. Either from not being able to book something, or medical reasons, or financial reasons. We have no desire to rent, so ours will probably just expire except for those we can bank. If we bank though, we will probably be in the same situation next year as others will have banked too. It is going to take a few years for this to right itself.

 

[TinkFan74]

Not sure if this has been posted elsewhere, but I called Member Services to get some clarification on the grandfathering of borrowed points. In essence, as of yesterday, you are no longer allowed to borrow more than 50% of the future year's points. If you have already borrowed over the 50% threshold, and modify your reservation, as long as the new reservation does not require additional points to be borrowed, your reservation will not be cancelled.

I currently have two days booked at BWV in September using borrowed points (over the 50% threshold). I am hoping to switch those to BCV if that becomes available. Since the new reservation would not require additional borrowed points, that new reservation would not be cancelled because the borrowing transaction took place prior to yesterday.

Thank you for this info, I was wondering what would happen if I wanted to modify.

 

[Tornat]

I honestly can't believe some of these replies. Not a single member unhappy with this move, has offered any solution as to how they would have done it differently. Which means to me, you have no idea. This is not a normal situation and yes some are going to come out better than others. There was absolutely no way to do anything that would please everyone.
As to being able to book something going forward, well that's just they way it's going to be. We probably will forfeit a year of points, as I don't see us going until there is a vaccine. No vacation is worth my life or the lives of others.

personally I think I would of been better them just come out and say that they need to forfeit a year of points. As an ideal I didn't post mine but what I thought about is Disney take your vacation points that you lost took half the annual dues of those points and put that money onto a Disney gift card that activates in like 2025 or something that you can than purchase tickets or dining or what ever once Disney is well off stable again. than Disney and owner now splits the cost 50/50 *shrug* it's just an ideal .

 

[Sandisw]

personally I think I would of been better them just come out and say that they need to forfeit a year of points. As an ideal I didn't post mine but what I thought about is Disney take your vacation points that you lost took half the annual dues of those points and put that money onto a Disney gift card that activates in like 2025 or something that you can than purchase tickets or dining or what ever once Disney is well off stable again. than Disney and owner now splits the cost 50/50 *shrug* it's just an ideal .

Not possible, Disney, the company, is not involved in this. The solutions had to be based on the system.

Legally, they can’t take away any of your points. All they can do is make rules that might make it different to use the points,

 

[gdrj]

But if you have points with a Dec UY expiring this year that you were going to use during the closure but your reservation was canceled. So now you have till December to book. But that's assuming you can get a reservation. It's already pretty tight. So unless you a waitlist comes through, you're screwed.

1- They are not required to extend at all.
2- While not a good value, could use them for hotel reservations.
3- I do believe there will be cancellations that will open some availability, which you need to be on top of.
Arent you still in your banking window?

 

[Madame]

but that’s the other side of the coin, by being an owner (and not a renter), not only do we partake in the benefits of ownership, but we also assume the risks.

we agreed to the borrowing rules/restrictions when we signed contracts, I’m just glad they didn’t make it 0%.

Sure but some of us took more risks than others i.e. traveling past banking deadline or worse with banked points seriously late in the UY. It feels like the whole class is getting punished for the actions of a few.

 

[YeOswaldianSociety]

I honestly can't believe some of these replies. Not a single member unhappy with this move, has offered any solution as to how they would have done it differently. Which means to me, you have no idea. This is not a normal situation and yes some are going to come out better than others. There was absolutely no way to do anything that would please everyone.
As to being able to book something going forward, well that's just they way it's going to be. We probably will forfeit a year of points, as I don't see us going until there is a vaccine. No vacation is worth my life or the lives of others.

Yeah I don't like this move, F this move and those that support it. It's not as if it matters, everyone is so damn happy with it. Pixie dusted I guess. Squeeee! I haven't even been able to take my welcome home trip yet and at this point I don't even want this damn time share after this. I was one of those that was planning on taking a trip every other year and this screws me but have fun dancing naked with your pixie dust. It must be fun being rich and not caring about money.

 

[mentos]

Yeah I don't like this move, F this move and those that support it. It's not as if it matters, everyone is so damn happy with it. Pixie dusted I guess. Squeeee! I haven't even been able to take my welcome home trip yet and at this point I don't even want this damn time share after this. I was one of those that was planning on taking a trip every other year and this screws me but have fun dancing naked with your pixie dust. It must be fun being rich and not caring about money.

You relied on a DVC feature that was subject to periodic suspension?

I mean, they told me I could technically book inside the 7 month window at VGC

 

[Sandisw]

Sure but some of us took more risks than others i.e. traveling past banking deadline or worse with banked points seriously late in the UY. It feels like the whole class is getting punished for the actions of a few.

I might agree if it was only the short closure. But, I honestly don’t think the decisions made in regards to April and June UY are going to have the huge impact that we think,

Remember, we don’t have the specifics. I think DVCM was given the open date, and that is why they could make the announcement

They have all the point data, including how many actual 2018 points are being extended, how many are 2019 that got late banking, how many borrowed points went back, and how many extra points had been banked.

To me, if the bulk of the points were April and June, then letting them expire would have been the easy fix,

Since they didn’t, I really believe those were a very small part of it. The clue that makes me think that is the limitation on borrowing.

They also only gave 6 months, and know that some of those points won’t get used because the owner won’t travel, can’t travel, or can’t find rooms,

So, I think did it because it wouldn’t cause a major impact, but sure would go over well with owners as doing something above and beyond.

Definitely makes me have to rethink a few things for next year, but I have always said, that DVCM would do whatever they needed to to make the system balance as best they could,

I am trusting that this move was really the only one they had to fix it.

 

[JETSDAD]

Yeah I don't like this move, F this move and those that support it. It's not as if it matters, everyone is so damn happy with it. Pixie dusted I guess. Squeeee! I haven't even been able to take my welcome home trip yet and at this point I don't even want this damn time share after this. I was one of those that was planning on taking a trip every other year and this screws me but have fun dancing naked with your pixie dust. It must be fun being rich and not caring about money.

I can't imagine what you would have said then if you were one of the people who was losing their points and DVC were to have done nothing about it. They are trying to make the best out of a messed up situation that was out of everyone's control. Of course everyone would rather that nobody lose points and no temporary restrictions were made on borrowing but that can't happen with what's occurred.

 

[KAT4DISNEY]

Sure but some of us took more risks than others i.e. traveling past banking deadline or worse with banked points seriously late in the UY. It feels like the whole class is getting punished for the actions of a few.

We have no idea how many points that even is and may have less to do with it than what other UY's are doing who were within their banking windows. DVC may be seeing double or triple or quadruple the normal banking. The restriction of borrowing 50% of the points that might be the best indicator - they might seeing 30 -50% more points being banked than usual. It never was a vacuum where only April and June UY's with reservations late in their UY are going to be affected or even have an effect. Also all UY's have been allowed to restore borrowed points.

 

[Madame]

We have no idea how many points that even is and may have less to do with it than what other UY's are doing who were within their banking windows. DVC may be seeing double or triple or quadruple the normal banking. The restriction of borrowing 50% of the points that might be the best indicator - they might seeing 30 -50% more points being banked than usual. It never was a vacuum where only April and June UY's with reservations late in their UY are going to be affected or even have an effect. Also all UY's have been allowed to restore borrowed points.

I don’t think borrowed points should have been restored either, & some of them are mine. They’ve set a precedent here with no idea how long this will last. Now *everyone* knows what was done in this instance and will expect point extension going forward, of which, as you say, we have no idea the duration or extent.

 

[Sandisw]

I don’t think borrowed points should have been restored either, & some of them are mine. They’ve set a precedent here with no idea how long this will last. Now *everyone* knows what was done in this instance and will expect point extension going forward, of which, as you say, we have no idea the duration or extent.

The precedent for returning borrowed points has been used many times for hurricanes, so I think that was already in place,

I still believe they do have the end date, just from the wording and that they didn’t include banked 2018 Aug UY points in the announcement.

 

[Madame]

The precedent for returning borrowed points has been used many times for hurricanes, so I think that was already in place,

I still believe they do have the end date, just from the wording and that they didn’t include banked 2018 Aug UY points in the announcement.

Hurricane « closures » are not comparable to what we are living through. If the second wave is worse next fall or winter, the precedent set now will compound the problems.

 

[mentos]

Hurricane « closures » are not comparable to what we are living through. If the second wave is worse next fall or winter, the precedent set now will compound the problems.

I think at that point, a formal policy will be promulgated.... I can’t imagine they’d free form it again.

I don’t care what the rules are, as long as we don’t spend weeks wondering what the solution is.

 

[Sandisw]

Hurricane « closures » are not comparable to what we are living through. If the second wave is worse next fall or winter, the precedent set now will compound the problems.

i know it’s not the same was just sharing that info that the return of borrowed points isn’t new as not everyone may know that.