DVCNews June Direct Sales article - Direct Sales Continue to Trend Upward in June 2024

[maui22]

https://dvcnews.com/dvc-program-men...t-sales-continue-to-trend-upward-in-june-2024

Wil Lovato put out a new article on DVCNews.com for June's direct sales information.

 

[maui22]

If Disney didn't run out of OKW points during the previous incentive, I wonder if OKW (60,635) might have outsold Riviera (71,785) points for the month of June deeds on the Orange County Comptroller website?

 

[Genie+]

“Cabins at Disney’s Fort Wilderness Resort — In June 2024 5,351 points were sold for The Cabins at Fort Wilderness, DVC’s newest resort. Disney has now sold 35,502 points for The Cabins, which is about 1.3% of the resort’s estimated 2,780,943 total points.”

The cabins are a tough sell. It only makes sense if the plan is to only use the points there during fall and winter months, when home priority matters most. Otherwise better options exist.

It’s hard to think DVC is surprised by sales. Is there something else they know about the future that will make it more attractive? My guess is Reflections and more amenities coming. Maybe they know it’ll be very cool and spark alot of interest at that point. Then there’s also potential of a trust being formed too. CFW seems like unfinished business right now.

 

[Brian Noble]

It could be as simple as "We needed to replace the existing cabins, we may as well make them DVC and sell what we can sell as we go, and who cares how fast that is? In the meantime, we'll just rent out what we have."

That's not a terrible idea of the alternative is: replace the cabins and have them be all-rental all-the-time. In other words, the comparison might be to that property as a rental, not to other DVC properties. In that case, any sales are fine.

 

[AstroBlasters]

“Cabins at Disney’s Fort Wilderness Resort — In June 2024 5,351 points were sold for The Cabins at Fort Wilderness, DVC’s newest resort. Disney has now sold 35,502 points for The Cabins, which is about 1.3% of the resort’s estimated 2,780,943 total points.”

The cabins are a tough sell. It only makes sense if the plan is to only use the points there during fall and winter months, when home priority matters most. Otherwise better options exist.

It’s hard to think DVC is surprised by sales. Is there something else they know about the future that will make it more attractive? My guess is Reflections and more amenities coming. Maybe they know it’ll be very cool and spark alot of interest at that point. Then there’s also potential of a trust being formed too. CFW seems like unfinished business right now.

If more points don’t sell then they won’t declare the additional cabins into the trust.

Not enough cabins in the trust means that there will be very limited availability for non-home resort owners to book….

 

[AstroBlasters]

https://dvcnews.com/dvc-program-men...t-sales-continue-to-trend-upward-in-june-2024

Wil Lovato put out a new article on DVCNews.com for June's direct sales information.

Who is buying these 2042 resorts at direct pricing?

 

[intamin]

“Cabins at Disney’s Fort Wilderness Resort — In June 2024 5,351 points were sold for The Cabins at Fort Wilderness, DVC’s newest resort. Disney has now sold 35,502 points for The Cabins, which is about 1.3% of the resort’s estimated 2,780,943 total points.”

The cabins are a tough sell. It only makes sense if the plan is to only use the points there during fall and winter months, when home priority matters most. Otherwise better options exist.

It’s hard to think DVC is surprised by sales. Is there something else they know about the future that will make it more attractive? My guess is Reflections and more amenities coming. Maybe they know it’ll be very cool and spark alot of interest at that point. Then there’s also potential of a trust being formed too. CFW seems like unfinished business right now.

5 months on sale.. 1.3% of the resort sold.. at this rate CFW will only need 32 years to sell out with 18 years to spare.

CFW sales:

 

[maui22]

Who is buying these 2042 resorts at direct pricing?

Good question.

I understand the OKW purchases (but those are 2057) @pkrieger2287 had a good article on the special incentives back then.
https://dvcfan.com/general-dvc/dvcs-spring-2024-direct-sales-incentives-revealed/

Special Old Key West Direct Incentives​

As we typically see, Disney Vacation Club (DVC) not only offers exclusive incentives to actively selling resorts, but also provides members with occasional incentives and discounts on “sold out” properties. This month, Old Key West is one such resort that is seeing some particularly enticing offers. For any members looking to add-on 300 points at Old Key West this spring, DVC is offering a discount of $70 per point, bringing the direct price down to just $135 per point. This brings the pricing close to the current average DVC resale price of $113 per point, making it an attractive option for those interested in acquiring an extended 2057 contract at Old Key West.

 

[tjkraz]

Who is buying these 2042 resorts at direct pricing?

Old Key West expires in 2057.

Incentives took the direct pricing down to $125 per point for 500+ and $115 per point for 1000+. (Yeah, some people posted here that they actually did buy those quantities.) And I believe Magical Beginnings could knock off another $20.

 

[AstroBlasters]

Old Key West expires in 2057.

Incentives took the direct pricing down to $125 per point for 500+ and $115 per point for 1000+. (Yeah, some people posted here that they actually did buy those quantities.) And I believe Magical Beginnings could knock off another $20.

I know that OKW direct is 2057, I was looking at BCV, BRV, and BWV.

I would kind of give a pass to people adding on 25 points because they want the points right away and in their use year…. but still….

Let’s take BWV at $240pp. With 17 years left that’s $14pp. Add on the dues of $8-$9 and you are at $22-$23pp for the remainder of the contract.

You can rent points pretty easily for $18-$20…. without paying a huge amount of upfront cash!

Or you can buy resale for $112pp (per board sponsor), which gets you down to around $15pp!

For every 50 points you would save $6400 in upfront costs + $256 in interest every year. Over 17 years that would be nearly $12,500!

I say this as someone who purchased a 55 point BWV contract this year…it’s amazing how much they are still charging for the 2042s direct ….

 

[marmentrout85]

Who is buying these 2042 resorts at direct pricing?

Has to people among one of 4 categories:
1. Lack of knowledge
2. Have enough money not to care (they want points right now!)
3. Someone with a very unique situation in regard to their DVC wants/needs.
4. Some combination of 1,2, or 3.

 

[VGCgroupie]

Who is buying these 2042 resorts at direct pricing?

Yeah that is crazy to buy direct. I guess it's possible they just dont know resale exists

 

[byurick]

Some BLT contracts too at $275/point, crazy.

 

[VGCgroupie]

Here's a curious one... there is someone on these boards who said they bought VGC direct around May/June and the sale was not in the report last month, and it's not there this month either.

 

[AstroBlasters]

Here's a curious one... there is someone on these boards who said they bought VGC direct around May/June and the sale was not in the report last month, and it's not there this month either.

I think it’s difficult to distinguish VGC from VDH on the CA website because they make you pay to see the details whereas with FL it’s free.

 

[vdangelo239]

Riviera continues to sell really well. …

 

[Sprinkles&Sprints]

Here's a curious one... there is someone on these boards who said they bought VGC direct around May/June and the sale was not in the report last month, and it's not there this month either.

If it was towards the end of June, maybe it took awhile to close and will be counted in July?

 

[DonkeyHoTay]

Old Key West expires in 2057.

Incentives took the direct pricing down to $125 per point for 500+ and $115 per point for 1000+. (Yeah, some people posted here that they actually did buy those quantities.) And I believe Magical Beginnings could knock off another $20.

People are crazy man. Just bananas crazy.

 

[RivShore]

Riviera continues to sell really well. …

Anyone remember the early predictions of how long it was going to take Riviera to sell out? There was so much negativity back in those days, I would assume it is exceeding those expectations, even with a pandemic thrown in.

 

[SugarSweetLee]

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