FYI point value according to those who rent......

[JeffreyH]

After my first trip to Disney in 8 years, and the first time with a child, I am seriously considering becoming a DVC member. As a financial analyst, I decided to "run the numbers". I did this, and I came up with a cost of <MESSAGE_BODY><![CDATA[0 per point per year. And this was before I had ever heard of renting points or Disney's Magical Beginnings.

Here's how I derived this:

Disney is now charging $72 per point, with a minimum purchase of 150 points. I can take <MESSAGE_BODY><![CDATA[0,800 and purchase 150 points, or I could decide against it and use that money to pay down my debts. Assuming I'll always have some debt at an interest rate of 8% (car loan, student loan, whatever), if I buy into DVC instead of paying down my debt I'll pay $864 extra in interest on my debt (<MESSAGE_BODY><![CDATA[0,800 * 8%) every year. If you have a bunch of credit card debt, your "cost" is even higher. If you only have a 7% mortgage out there (which is deductible for many), your cost is less. But I use 8% as the average rate of interest that one might avoid.

Alternatively, I could invest the <MESSAGE_BODY><![CDATA[0,800 in the stock market. A common rule of thumb for long-term investors is a 12% market return. After taxes this is about 8%. You're giving up $864 in earnings you could have made. This is your "opportunity cost" of parting with the <MESSAGE_BODY><![CDATA[0,800.

Next, I assume that 10 or 15 years from now I can probably resell my points for $72 each. By then Disney will probably be charging $90+ (2% increases a year or so), resale will be in the $70's maybe. So if I decide to do this for just 10-15 years, my cost is only my extra interest paid on my extra debt or the foregone earnings.

Next, I have to pay upwards of $450-$600/year in maintenance fees, depending on the resort ($3-4 per point * 150 points). Next year this will probably be 3% higher, etc. 10 years from now, the cost will probably be $600-$800 (3% increase per year). So from an average of $525 in 2001 to about $700 in 2011. On average, this means about $615 per year.

So my annual cost is about $864 in foregone earnings or interest paid because I spent <MESSAGE_BODY><![CDATA[0,800 on the DVC instead of paying down my debts or investing the money PLUS $615 per year in maintenance fees. This totals <MESSAGE_BODY><![CDATA[,479. Lets round it off to <MESSAGE_BODY><![CDATA[,500.

So to get 150 points per year for 10 or 15 years (then sell out - making assumptions out 40 years gets dicey.), my cost per point per year is about <MESSAGE_BODY><![CDATA[0/point.

That means the cost for me to stay at a 1-BR BWV in May in a pref. view room for a week averages out to about $360 per night (252 points * <MESSAGE_BODY><![CDATA[0 / 7 nights). Better than $415/night + tax Disney is charging "the public". And it should be better, I've committed to spending about <MESSAGE_BODY><![CDATA[,500 per year for Disney lodging.

And it means I can get a "studio" room during the week for only $80-<MESSAGE_BODY><![CDATA[10. True the "public" can't get that offer, but a DVC member's "cost" for those points IS about <MESSAGE_BODY><![CDATA[0. And I don't think it is a coincidence that Disney offers that rate. Companies do this sort of analysis all the time.

Basicilly, people selling their points at <MESSAGE_BODY><![CDATA[0 per point are getting what they paid for them, and they may have gone to waste if they didn't sell. What the "renter" gets is the low average cost the member achieved by buying so much lodging in advance. The price to the renter is the effort required to track down these points.

As you can see, I'm a "numbers guy". Hope this is of some use.


yes cheaper than disneys price, because you have committed to <MESSAGE_BODY><![CDATA[,500+ per year.

 

[wininbid]

How can you all keep saying that non-members are getting into "your" resorts for LESS than members are paying? Are all of you paying $10 a point EVERY year that you go? I don't think so! I own a 1 br unit in Maui for 1 week, and was able to trade it for a week at OKW this summer. And yes, I will in the future rent points for a vacation. Let me see the drawback...... A DVC member has enough points for 2 weeks, only takes one week, and lets me rent the other week. Still only 2 weeks being used by that member. Stop all the whining, and let others enjoy too! If you selct few don't want to rent out your points, then don't! There are lots of people that will!

 

[Peterd]

I was wondering if these numbers would fly with the IRS. Is a DVC member required to claim any income taken in from renting his points? Of course, I know no one would be dumb enough to do so, but how legal is it not to do so?
I know if I rented my points out for four or five straight years, it would pay itself off. Then every year after would be profit. Taxable profit? Do the travel agents have to claim profits made? of course they do. Wouldn't it be a shame if a travel agent sent a little note to the IRS, claiming that it wasn't fair to his business, He couldn't compete with DVC sellers, and that DVC owner's were not claiming the income. I bet this would raise the price on points.

 

[TrudyZ]

AnnK, I apologize if I misinterpreted you, but your statement of:

"I am not against members renting if that is their prerogative. I just feel that they should rent closer to the true rental price. Why GIVE to these people what they themselves cannot buy?"

surely seemed to me to be aimed at renters.

My statements regarding not buying the minimum number of points and paying cash were said in response to your statement above slighting renters by inferring that renters rent because they can't afford to buy--it was not meant to engage you in a debate regarding point ownership or to flaunt my ability to pay cash.

I do not feel that any owners owes it to my to rent points. Nor do I think I said that anywhere in my post. I was simply stating that in defense of the various posts insinuating (and sometimes directly stating) that renters rent to be cheap, use only weekdays, exceed occupancy limits, tear up the place, will try to "trick" you, and on and on; that I rented to confirm my decision to buy. I understand that I could have made my ressies thru Disney--from the tone of this thread perhaps I should have done that??

The prices I quoted for the OKW thru Disney versus renting did indeed include tax. My intent was to point out to Owners who were not familiar with Disney pricing that due to season differences between DVC and Disney, there are times when at the elevated price per point, Disney is a better (and much safer) bargain. And, to point out that once the price of points is raised signifigantly, true bargain hunters will do the math and will most likely be able to find delux resorts at comparable or lower prices (hence my reference to the latest offers at AKL, Polynesian, etc).

AnnK, I meant nothing personal, I really jumped into this thread because from following these boards for the last few months, it seems that the Owners have a love/hate relationship with renters--and the hate side seemed to be rearing it's ugly head in this thread. I felt that I need to post a reponse to rebutt some of those renter stereotypes posted.

I am also a little sad that with the reading of this thread, my illusion (developed from the last several months following these boards) of owners being happy to assist non-members with advice, spreading the joy and sunshine about DVC (many with great vibrance), and encouraging non-members to join DVC, has dissipated. I have truly enjoyed info I have gleaned (and the occasional pot-stirring) from Doc, Rich, and numerous others. It is these boards that first encouraged me to considering buying into DVC (and, indirectly, to rent first to confirm my decision to buy). Geeze, I thought all of you owners who were sitting on the fence about renters would be encouraged to see something good come of renting--an example of renting leading to ownership--I guess I was way off. (wow, I am sure I just blew any chances of ever getting "Welcomed Home").

Finally, as I have stated before and continue to state--you are free to charge what you want. That's the beauty of a free market. If you want to raise the price, that is your perogative. I have nothing against owners; in fact, assuming we are happy with what we see and experience, we will soon join in. And yes, when I buy (not likely 'IF'), I will most likely avoid renting; but if necessary I will rent my points at reasonable prices.

 

[Dean]

You must rent more than 2 weeks to be required to report as income, otherwise it would be expected to be claimed as income.

Dean

 

[Peterd]

Dean, I was just kidding about the irs stuff, but, the two week renting, Does it have to be two week blocks? or a total of 14 days? Could someone with a lot of points rent 13 days to a bunch of people, without claiming it?Just curious.

 

[PamOKW]

The IRS rules get complicated but it looks like you don't have to report the income until you are renting your 15th day to a non-family member. It doesn't have to be in blocks. You also have to stay at least one day in the property yourself during the year to have personal use rules apply. I'm also assuming if you are renting two different studios at the same time that it counts as 2 days every day.

The IRS definition of personal use is kind of interesting. If DCV takes that to be their definition of personal use rentals can be done with family, friends or strangers as long as it's below fair market value. Then we really will be giving strangers charity.

 

[LisaR]

AnnK - I am sorry, but I find the following quote rather insulting:
"Why GIVE to these people what they themselves cannot buy" As a former renter, I now own at DVC. To suggest that renters have been "given" a trip is a bit of a stretch. I have rented numerous times - always a 2 bedroom and always for 7 nights (therefore utilizing weekends). I spent thousands of dollars for each rental. I do not know what world you are living in, but in my world, I wasn't "given" anything. And to assume that I or any other renter cannot afford DVC is insulting and ridiculous. Let me ask you something. I just bought a digital camera that retails for $699. The cheapest I found it at any store or online was $599 on sale. One day, I stroll into a store and there is the camera I want for $299 plus I have a $50 off coupon. What would you do??? Would you say, "Oh, I am not going to buy this camera for $250 because it might offend or upset someone, somewhere. I think I will go spend $599 on it instead. Afterall, they are "GIVING" this camera to me and I would hate anyone to "GIVE" me anything. Plus, it may seem like I couldn't afford to spend the $599 and I wouldn't want anyone to think that about me" Or would you say what I said "I got a great deal and I jumped on it". How does this apply to renting points? If someone sees points for $10 a point and a trip would cost them say $2500 and then they call Disney direct and find out the same room is $4500 - what do you think most people would choose?? It does not have anything to do with being able to afford DVC, it is simply a bargin and most smart people would jump at it.

Everyone that is against renting makes it sound as if it is the renters fault that points can be rented out for "only" $10 a point. I did not pick the going rate for renting points when I rented. It was determined by the boards. Don't blame renters!

I understand that the original point of the post was to suggest that the $10 pp is too low but somehow it seems to have come back to the renters being at fault.

As for me, I do not plan on renting my points. I intend on going twice a year, every year. I didn't buy so I could rent. However, if I ever get in a jam and I have to rent, I will do it at whatever price the market is accepting.

DVC is not some special, exclusive, elusive club. At least in my opinion. I do not ever want to come across as someone better then someone else because I own at DVC. It is a decision my family made regarding our vacation and it does not make me special in any way shape or form over someone who rents or stays at the All Stars.
Lisa

 

[AnnK]

LisaR, a I am sorry that you think I am some type of elitist. I am not. To answer your attacks on me I say.....
Quote
"To suggest that renters have been "given" a trip is a bit of a stretch. I have rented numerous times - always a 2 bedroom and always for 7 nights (therefore utilizing weekends). I spent thousands of dollars for each rental. I do not know what world you are living in, but in my world, I wasn't "given" anything. And to assume that I or any other renter cannot afford DVC is insulting and ridiculous. "


Let me make this clear, I was saying to give your points ( rooms) away for the price of All-Star is ridiculous. The quote that you are so insulted by is saying WHY ARE YOU GIVING ROOMS AWAY FOR THE SAME PRICE OF ALL-STAR, WHEN YOU AS A MEMBER COULD NOT RENT IT FOR THAT SAME PRICE? Understand? You could not get a discount through CR or MS for such low prices. I, in no way said that a renter could not afford to buy DVC. I have no idea where you got that impression. As I told TrudyZ, I do not care how many points someone owns, how they purchased their points, I do not care about anyone elses financial status, and make no judgement on IF they can afford to buy DVC. If you find this in my post please show it to me?

Quote
"Everyone that is against renting makes it sound as if it is the renters fault that points can be rented out for "only" $10 a point. I did not pick the going rate for renting points when I rented. It was determined by the boards. Don't blame renters!"

Where did I say I was against renters? All I said was members are selling their points too cheap and that the price should reflect the true quality of the product and not cost the same as the All-Star, a value resort. ( Disney is the one who calls it a VALUE RESORT, this is not a term I made up.)

Quote
"DVC is not some special, exclusive, elusive club. At least in my opinion. I do not ever want to come across as someone better then someone else because I own at DVC. It is a decision my family made regarding our vacation and it does not make me special in any way shape or form over someone who rents or stays at the All Stars."

Where did I say it was "special,exclusive or elusive?" Did I say that I, or anyone who own in DVC, is better than anyone else? Did I say owners in DVC are better than people who stay at All-Star? Where did I say this? Disney prices according to amenitities. The resorts are PREMIUM, MODERATE and VALUE. BWV, VWL, and OKW are PREMIUM resorts, ALL-STAR is a VALUE. Disney themselves have NEVER priced ANY PREMIUM as the same price as All-STAR ( VALUE resort). NEVER. Why should a DVC member?
Congratulaitons on buying DVC. Each family has to make their own decisions on IF it is right for them, I personally don't judge a person on if they bought DVC, I know people with far more money than I have, and they don't own in DVC, because they don't want to. So it's NOT how much money you have but what you enjoy.

 

[AnnK]

TrudyZ,
Now I can see why you thought I meant renters could not afford to buy DVC. It's the wording. What I was actually saying is that they(DVC members) cannot buy a room for the prices that they are selling them.
I have no problem with renters. I am not going to judge members who choose to rent. I KNOW not eveyone wants/or can afford DVC, that does not mean I don't think they should go to Disney.
My point is that DVC members should be charging a price that better reflects the true value of the product. Based on the Rent/Trade board, they could easily charge more and get it. If a member posts that they have points for rent, they are receiving responses in under and hour. The demand is there. People who say that they will not pay the higher price may not, but I am betting others will.

 

[TrudyZ]

AnnK:

Whew! I am glad that is cleared up! I guess you can now see why I jumped in with both arms swinging! I have reread your posts--you personally do not make any references to the alleged "sins" of renters. It is other DVCers responding to your original post that do.

I understand your concern over the price per point. I can say that there are some real trade offs with renting versus ressies with Disney: renting is usually non-refundable, limited if no cancellation allowed, cash up front, large amount of trust involved, not the same services as regular resort guests, etc., to name a few. Do these things make the ressie thru a DVCer less appealing than Disney: absolutely. Is $10 or less per point the fair trade off for the risks and restrictions--I am not sure--perhaps not. There will be an equilibrium point somewhere between the savings someone is willing to take versus the risks/restrictions involved. It has been around $10 in the past. It may be able to go higher, that remains to be seen. And, if the price rises there may be some price per point tie to a specific DVC season to keep the DVC price at a certain range with the Disney season.

And I still hope that those Owners strongly opposed to renting see that something good can come of renting--when I buy in maybe your dues will go down!!

No hard feelings??

 

[LisaR]

AnnK, Sorry that you thought my entire post was directed at you. I did reread your posts and mine. If you reread my post, you will see that the first paragraph is directed at you. You admit in the post under mine that your wording may not have been clear when referring to renters not being able to afford DVC - I don't think that is my fault.

Your next statement about stating that I did not understand (or read) what you posted about "giving" away rooms because you meant giving them away at the price of the All Stars - Well, I did read and understand what you wrote. I guess my idea of giving away and your idea of giving away are two different things. The All Star is $89 a night tops (if you pay more then that, you are probably not very good at bargin hunting). With tax, 7 nights at the All Stars is $691.53. Since I have paid between $2500 and $3000 each time I have rented points, I fail to see them being the same price. Sure, you can compare a studio price to the All Star and probably come up with a closer figure (I don't know because I have never rented a studio or paid cash for one), however, I have read MANY posts from people who have rented or are looking to rent 1 or 2 bedroom units and MOST seem to want to rent for an ENTIRE week. I honestly (although I do not have any proof) believe that most people that rent are not people who normally stay at the All Stars.

As for the REST of my post, NOTHING was directed at you. I NEVER say that you are an "Elitist". I never say that anyone is for that matter. I simply state that IMHO owning at DVC does not make me special in any way, shape or form. I say that statement because I have read time and time again posts that knock renters because they don't take good care of the unit and they stuff too many people into the unit, etc I am saying that I am the same now that I own as I was before I owned. I am tired of renters being bashed (NO, THIS COMMENT IS NOT DIRECTED AT YOU, ANN)As a former renter and a current owner, I was a good renter, cash paying customer and now owner. I don't think all renters are out to take advantage of DVC owners (AGAIN ANN, THIS IS NOT QUOTING YOU IN ANY WAY). I am not directing it at an one person. I could not even name names if someone forced me to because I honestly do not pay attention. I just know that there are "renter bashers" out there because I have read the posts many times.

If you took my post as being 100% directed at you, I am very sorry. It was not my intent. Again, it was not directed at anyone at all. It is just my opinion on this subject.

I guess my whole point to the post was this - if there are people willing to rent their points for $10 pp and there are people willing to buy at $10 pp and it is not illegal, then who are any of us to "fix" it?

I really fail to see how I hurt any DVC member by renting points. In the long run, I ended up being so impressed that I bought. I thought the goal of so many DVC members (and this board) was to get some more members because it is such a great thing? If I upset the balance by renting points, sorry. However, I would do it again if I had decided not to buy instead.

Lisa

 

[Peterd]

This whole thread is based on a quote from the budget board that said they rented a DVC studio for less than what they would have paid at the All-Star. At 8 points a night at the Old Key West, that would be $80 per night no tax. At the BW $90 per night. The woman did not mention staying in a one or two bedroom for a week. She just said for LESS than staying at the All-Star. If you want, you could look it up on the Budget Board, something about can't believe someone would pay $700 per night for a room. I went back and read it, and didn't realize how true it was at $10 per point. Yes, I know some will still rent points out for $10 per point, and they could do whatever they want. No one cares. So, don't worry renters you're not in trouble of losing your cheap rooms.
This is to the DVC members, (so renters don't get all in a huff),The demand is definitely there for higher prices. Call for resv. for March, SOLD OUT, April SOLD OUT, May to Nov, SOLD OUT. There are so many people willing to pay Disney just to get into these rooms for $250 to $300 per night,but can't get in. The demand is there. As for the renters who won't pay more than the $10 per point, someone will. Tomorrow a post will go up for either points for sale at the BW or resv. at the BW for sale, and BAM at least 7 will reply. Look at the guy who had the resv. over Christmas, and sold for over 7 grand. Disney was charging that rate, he had the room, posted it for RENT, people were outraged about the post. Someone bought it. Think about it. Someone wants to stay at the Poly or the Contemp for 220 garden view, 300 tower view. They are sold out. You don't think this person will pay the same for OKW or BW? They would to Disney. Why not at least get half that. You've invested your money over the next 40 or so years, and you don't HAVE to rent at $10 because someone says that's your break even point. I'm gonna use that rational next time,I go to buy a new car.
One last thing, I don't rent my points out, and don't care who you rent to, or at what price. I just wanted some fellow Dvcer's to check out the price comparisons (like all-stars) your'e selling at. The $10 dollar a point may have been good about 8 years ago, but seems pretty low to today's standards. Ask a friend, Hey want to stay at the Boardwalk for half price?($150) I bet he says yes. I'm done with this post, it served it's purpose for awhile. DVC'ers enjoy, renters good luck. "DA times are a changing!"

 

[Jeffros]

I personally never rent points but if I did I would try to get more than 10 per pt. I agree that it makes more sense to charge by the night according to the accomodations and the going rate with a discount. Under stand that the rate should be a decent % less than the going rate since there is no daily maid service and less flexable cancelation options.

Jeff and Sandy, WE LOVE

 

[Tinker Bell]

JeffreyH (a.k.a "Numbers Guy") --

Keep in mind that DVC is a leasehold interest that expires in 2042. The economic value of points (holding any assumptions on Disney cash rates constant) declines every year. It is true that the "market price" of points has continued to increase in spite of this fact. Clearly, this can not continue indefinitely (and at some point will reverse course). My only point is that your assumption that you can sell your membership at $72 in 10 to 15 years from now might be a stretch.

At some point the Disney marketing machine will switch to selling membership that are a part of a new "condominium" with a longer maturity. At that point the economic issue of the 2042 maturity will become a "market issue". Disney will certainly emphasis this point in their marketing process and I predict there will be a sudden end to the increasing value of existing DVC points.

I like your analysis and I don't know how much this issue would change your conclusion. I just raise the question for your consideration.

Tinker

 

[ckr]

* If you bought DVC for yourself as a Vacation Club and not as a COMMERCIAL VENTURE, you will only be renting in situations where you have to rent 'em or lose 'em. $10 is better than nothing, yet does not reward those who are using their membership as a commercial venture.

* DVC is NOT about economics OR free enterprise OR supply and demand. At least it is not supposed to be. Economics and free enterprise and supply and demand are all COMMERCIAL / BUSINESS terms, not VACATION terms.

* Making renting more lucrative will only increase its appeal and perhaps draw some of the "I don't think I'll ever rent" group in. Even more, the "I will never make a prime time ressie simply to rent it" group (like me) might say, "Well, I wish things were different, but it looks like these are the rules of the game and I can play by them as well as the next guy." Even I can't deny that it is very attractive to think I could pay off my membership early by just renting for a few years... (But could I deny my Disney craving -- probably not! he he!)

* Increased renting WILL make getting ressies more difficult. As Peterd stated: "We own a decent amount of points, and usually reserve a two bedroom a couple times a year or a grand villa. I don't think you could find someone to rent the amount of points it would take to get a grand villa for two weeks at the BW. So if I were to rent my points, I would be renting out 10 or more studios for five days in a preferred view " So instead of a family using their VACATION ownership to take a single 2BR out of the mix for 2 weeks, we're looking at the member who rents taking 10 Studios out of the mix (for Sun-Thurs). How could that NOT affect availability for other members?

* In terms of supply and demand, I think the supply is too high. Yes, the demand is there as well (now), but the large supply is what is drawing attention to this bargain for renters. If the supply was slim to none, the "just go to the Rent/Trade Board for a great deal -- someone is always renting points..." would diminish and bargain hunters (like myself -- hats off to us all!) would search elsewhere. Kind of like resales: Not many BWVs, so although you may get lucky and find a bargain, most people will go to plan B. The large supply is, at least in part (IMHO -- not an econ person, just seems logical to me), generating the demand.

In my opinion, renting is something you do on occasion when you're in a bind. Getting $10/point rather than losing out completely seems fair. Whether it is a member or non-member reaping the benefits of my misfortune is immaterial. (What? Not be able to use my points -- somehow?!?!? Never! he he) But let's not make it more attractive to use our VACATION CLUB membership for financial gains.

JMHO :

 

[Lucky4me]

Here comes another one of those non DVC'rs with her 2 cents.

I think comparing Old Key West to deluxe hotels in WDW is like comparing apples to oranges. Yes, its a beautiful resort. Yes, the units are gorgeous and spacious. But you do not get the amenties of a deluxe hotel. No daily maid service, no room service, it's not close to a park or a monorail. The pools are nicely landscaped but no more so than any other Disney resort. (moderates included) It's a high priced timeshare resort that happens to be inside the gates of WDW. I've stayed here twice before and love it so much, I'd prefer it over staying at a deluxe resort in WDW any day, but I couldn't compare it to one and say it should be rented out for the same cost as a deluxe hotel..

I believe $10 a point for this resort is reasonable and I doubt it will go much higher any time soon. Now, Boardwalk and the new Beach Club villas are a slightly different matter as their location makes them more of a deluxe. The pools have deluxe themeing, there are many restaurants nearby, and you're a five minute walk from Epcot. This is why more points are needed to stay here and why members should also charge more dollars per point if they chose to rent out their points.

I'd have to put the Wilderness Lodge villas somewhere between the others. Location is not the best, but the themeing is spectacular, the restaurants are varied, and the pool is definitely a deluxe.

SO....if I were a owner and wanted to rent out my points, I'd ask less for stays at OKW and more for the others.

I'm lucky as my sister is an owner and has let us stay there for their yearly maintenance fee. Now THERE'S a bargain!

 

[PamOKW]

No one's replied so let me try again. Is Pete's Board and E-Bay the primary resources for renting or are there other boards that are popular for this as well?

 

[TampaDisneyFreaks]

To Lucky4Me,
All DVC resorts are considered by Disney to be in the deluxe category or "home away from home" category, which is on the same level or maybe higher than the deluxe. Therfore, IMHO, it is not apples to oranges as far as the quality of accommodations, level of service, landscaping/theming, etc. . AT first I was bothered by not having maid service on a daily basis (before I took my first trip as a DVC memeber). After that first trip, I found that I actually preferred it that way and if you want extra "maid" service, you can buy it at a very nominal charge. I won't even start on the original topic of this thread, but I did want to defend the DVC resorts (or at least OKW and VWL) against the others. You could say it is apples to oranges in one case, the DVC resort accommodations are larger (for the most part) than the accommodations at the other deluxe resorts. A studio (the smallest DVC accomodation on property) is larger than the majority of rooms at the other deluxe resorts. I know this from experience and from some comparison of room sizes that I saw somewhere (also, I beleive Rich's so-hated Sales Guides state this in their presentation (if I remember correctly)). Even in that case, the DVC resort comes out BETTER (IMHO) than the other deluxe resorts.

 

[Peterd]

Pam, I did find one other. The owners post how many points they have available, and all the interaction goes through email. I came across it one day, when I was looking for other DVC member sites. I wouldn't post it here, because it would give the renters another option, and possibly lower the rental rate further.

Lucky4me,

"I think comparing Old Key West to deluxe hotels in WDW is like comparing apples to oranges. Yes, its a beautiful resort. Yes, the units are gorgeous and spacious. But you do not get the amenties of a deluxe hotel. No daily maid service, no room service, it's not close to a park or a monorail. The pools are nicely landscaped but no more so than any other Disney resort. (moderates included) It's a high priced timeshare resort that happens to be inside the gates of WDW. I've stayed here twice before and love it so much, I'd prefer it over staying at a deluxe resort in WDW any day, but I couldn't compare it to one and say it should be rented out for the same cost as a deluxe hotel.."

WOW! OKW not a Deluxe resort?

Get ready to Duck! (Remember this is not a BW vs. OKW thing, it's OKW vs. Deluxe) Keep your hands up, and keep it clean.

Go get 'em OKWesters!

[This message was edited by Peterd on 03-15-01 at 12:45 PM.]

[This message was edited by Peterd on 03-15-01 at 01:29 PM.]