Fire Sale if Resort is Almost Sold

[disneylandtour]

Yep that's the reason I'm caving and being direct soon, love me some riviera and local to disneyland hotel, they really knew what they were doing with these restrictions

Grand Californian is so, so much nicer than the Disneyland Hotel Villas. And it's one of the fourteen. But I do hear you on the Riviera and the Cabins.

 

[Girlstar30]

No it was every time since covid the demand was crazy. My friends would want to buy it and sleep on it for a day then they'd be sold out.

 

[Girlstar30]

I think this only happened once, when Disney FINALLY put them on sale after Covid. For the longest time, it was day tickets only. There were over two years when either Annual Passes were suspended or not offered, and that created deep demand. What's happening now is pretty standard. First the Believe pass will sell out, maybe next week, then two more, leaving only the SoCal weekday pass which may be offered all year.

Inspire is the one that's usually available the longest, too damn expensive

 

[Girlstar30]

Grand Californian is so, so much nicer than the Disneyland Hotel Villas. And it's one of the fourteen. But I do hear you on the Riviera and the Cabins.

I haven't check out the disneyland villas yet but i can imagine because I'm not all that impressed with the disneyland hotel. I do like the themeing of the rooms though, love the jungle book, grand californian is more subtle disney, but of course in a category of its own. I imagine the points cost is cheaper as well so that's a plus!

 

[disneylandtour]

No it was every time since covid the demand was crazy. My friends would want to buy it and sleep on it for a day then they'd be sold out.

That's just not true. There's usually a short run before Christmas, as there was this year. But the early 2024 sale started on March 5, 2024 and weren't paused until June 5, 2024. That's two months. Expect something similar here. Again, certain passes will sell out, such as Believe. But some will be available likely for many weeks.

 

[AstroBlasters]

BPK was a cheaper flip than a ground-up RIV. Sure. But they didn't price BPK/VGF2 accordingly cheaper than RIV. Didn't they all have the same/similar base price/pt?

So what difference does a target profit level on their capital outlay make here? I don't think the fire sale on VGF at its end happened because it was cheaper to complete and generous ol' Mickey said "hey, we recouped our costs, now let's give back to the DVC community."

OP's question was "Are fire sales a thing when resorts are close to being sold out? Have they done this in the past before?" The answer is yes, it happened with VGF.

What they price it for has nothing to do with what they need to sell it for to get a target ROI.

And to the best of my knowledge they didn’t do it with the original VGF, they did it with BPK.

I do not believe that your analysis lines us with how business people think.

 

[Girlstar30]

That's just not true. There's usually a short run before Christmas, as there was this year. But the early 2024 sale started on March 5, 2024 and weren't paused until June 5, 2024. That's two months. Expect something similar here. Again, certain passes will sell out, such as Believe. But some will be available likely for many weeks.

I wonder how much of it is actually them selling out or Disney creating demand by making it seem like they "sell out" fast. They have mastered FOMO quite well

 

[AstroBlasters]

That's just not true. There's usually a short run before Christmas, as there was this year. But the early 2024 sale started on March 5, 2024 and weren't paused until June 5, 2024. That's two months. Expect something similar here. Again, certain passes will sell out, such as Believe. But some will be available likely for many weeks.

It will be on sale until just before you go to the park and hope to apply you multi day ticket to the price of a MK….

I should add that I am not speaking to you directly, just sharing what seems to have happened to me in the past!

We purchased MK’s for the fam this time even though we don’t plan to use them until August this year.

 

[davidhr]

That was also a “cheap flip”…. very different than a new build…..

TBF, Riviera was just a few dollars more expensive during that same incentive cycle.

 

[Girlstar30]

It will be on sale until just before you go to the park and hope to apply you multi day ticket to the price of a MK….

I should add that I am not speaking to you directly, just sharing what seems to have happened to me in the past!

We purchased MK’s for the fam this time even though we don’t plan to use them until August this year.

Yep I've had this kind of luck before too!

 

[AstroBlasters]

TBF, Riviera was just a few dollars more expensive during that same incentive cycle.

Ok, so I looked it up in case my memory got foggy:


https://dvcnews.com/dvc-program-men...price-increase-planned-as-sell-out-approaches
https://dvcnews.com/dvc-program-men...500-welcome-home-discount-for-add-on-purchase

“The base rate of all 3 resorts is currently $217 per point. Current incentives for Grand Floridian points reduce the price by approximately $24 per point for a 150-point add on. In combination with Magical Beginnings ($22 per point discount) and this Welcome Home offer ($10 per point discount), a current DVC owner could add 150 points at the Grand Floridian for around $161 each.

Similar prices are available for Riviera and Aulani. The amount of the bonus is fixed at $1500 and does not increase with larger add-on purchases. ”

 

[Girlstar30]

Ok, so I looked it up in case my memory got foggy:


https://dvcnews.com/dvc-program-men...price-increase-planned-as-sell-out-approaches
https://dvcnews.com/dvc-program-men...500-welcome-home-discount-for-add-on-purchase

“The base rate of all 3 resorts is currently $217 per point. Current incentives for Grand Floridian points reduce the price by approximately $24 per point for a 150-point add on. In combination with Magical Beginnings ($22 per point discount) and this Welcome Home offer ($10 per point discount), a current DVC owner could add 150 points at the Grand Floridian for around $161 each.

Similar prices are available for Riviera and Aulani. The amount of the bonus is fixed at $1500 and does not increase with larger add-on purchases. ”

Where was i during this

 

[NVDISFamily]

Buying a large bucket of Riviera points in the 150s or 160s (without having to sell any back) a few years ago was a good move for us. If we were able to add on 200 more for around the same price on a "fire sale" it could be tempting......

 

[DonkeyHoTay]

Yep that's the reason I'm caving and being direct soon, love me some riviera and local to disneyland hotel, they really knew what they were doing with these restrictions

Everyone’s use case is different. For me, it was simply that I don’t want to bequest contracts to my kids that restrict their options to the O14. And while I do love the O14, some will expire and I have a personal problem with FOMO - I really like RIV and CFW, and will like whatever they open next … Lakeshore Lodge? Who knows what else?

All that said, I still watch resale POLY prices because old habits die hard.

 

[Girlstar30]

Everyone’s use case is different. For me, it was simply that I don’t want to bequest contracts to my kids that restrict their options to the O14. And while I do love the O14, some will expire and I have a personal problem with FOMO - I really like RIV and CFW, and will like whatever they open next … Lakeshore Lodge? Who knows what else?

All that said, I still watch resale POLY prices because old habits die hard.

Same here, when something new and shiny is out I want to stay there and go to all the previews and stuff and be excited!

 

[darkconz]

Ok, so I looked it up in case my memory got foggy:


https://dvcnews.com/dvc-program-men...price-increase-planned-as-sell-out-approaches
https://dvcnews.com/dvc-program-men...500-welcome-home-discount-for-add-on-purchase

“The base rate of all 3 resorts is currently $217 per point. Current incentives for Grand Floridian points reduce the price by approximately $24 per point for a 150-point add on. In combination with Magical Beginnings ($22 per point discount) and this Welcome Home offer ($10 per point discount), a current DVC owner could add 150 points at the Grand Floridian for around $161 each.

Similar prices are available for Riviera and Aulani. The amount of the bonus is fixed at $1500 and does not increase with larger add-on purchases. ”

I wished I was actively looking at that time. That would've been a great deal for me. I'll hop on the next train!

 

[Girlstar30]

I wished I was actively looking at that time. That would've been a great deal for me. I'll hop on the next train!

Right I would have loved some Grand Floridian christmas points although I've heard it's a hot mess to stay there during that time, I am up for the challenge

 

[Dis507]

Right I would have loved some Grand Floridian christmas points although I've heard it's a hot mess to stay there during that time, I am up for the challenge

Only when the gingerbread house is having an anniversary. I've been staying there for years during Christmas and its busy but not like this year. It was insane! IMHO I think the BPK "Firesale" was a marketing ploy to get DVC attention during a period when they were all coming out of the pandemic and needed to get some buzz going. Cheap building reno/flip and you have new DVC members and others that added on.

 

[Girlstar30]

Only when the gingerbread house is having an anniversary. I've been staying there for years during Christmas and its busy but not like this year. It was insane! IMHO I think the BPK "Firesale" was a marketing ploy to get DVC attention during a period when they were all coming out of the pandemic and needed to get some buzz going. Cheap building reno/flip and you have new DVC members and others that added on.

How often does it have an anniversary? Do you go on actual Christmas day? I would love to do that some time. They need to do another market ploy there's an avian flu going around lol

 

[Dis507]

Depends, But always the month of December. This year was its 25th anniversary, so I'd say we have time before the next one.