Grand CAL. How much lower will the prices drop ???

[ClaraOswald]

I did it on my own because the rental sites at least for my BCV was offering $18/pp only. Also for sure there will be a 1099 and tax complications involved. It was my first time and like you I had points I knew I wasn’t going to use and by the time the points were loaded I had about 2 months left of my 8-11mos window. I went ahead and booked confirmed reservations because like you with VGC at 7mos and lower the deluxe studios are likely all gone. I learned quickly most renters aren’t super savvy about advanced planning so they are all looking more at the 1-4 month range. I got a couple people interested but then communication would drop. Finally saw someone posting asking for BCV in my time frame and sold the reservation to them after canceling my confirmed reservations. All of this took several weeks for me so I thought it’s a bit of an effort. You’re also competing with rental savvy ppl who is snatching up all the holidays, rundisneys days. And I recall recently on the renter site that some of their rentals sat for months with no takers. VGC will be easier for you though. BCV is considered a high value rental too but there are also tons of DVCs at wdw. Even with VDH there’s still just 2 at DLR.

Thanks for the info. I'll need to figure out if booking an actual reservation or just trying to get rid of the points will be easier, when the time comes. I think we'll just have 25 pts initially we won't use before they expire. But in future years...who knows.

 

[Sunnyore]

If you are happy with a duo room and only want a small contract then I believe you are correct that VDH would be a better fit.

My guess is that those will be very difficult to book.

Also, I feel like you blew past the dining comparison: A full blown day spa (not dining, but I want a massage half way through my trip), Napa Rose, Craftsman Grill, Storytellers Cafe, and Hearthstone Lounge to Tangaroa Terrace, my beloved Trader Sam’s, and Goofy’s Kitchen…

I do hope they bring in something great where Steakhouse 55 was and have a nice quick service and bar in the pool area. However, in the time it takes you to get to Tortilla Joes I could be at Carthay Circle.

Oh for sure Grand Cal has way better restaurants. No one can argue that I don’t think. I guess it’s not a huge factor for me since I live so close and have access to the resort restaurants any given day. I will say the one time I ordered some drink with absinthe in it from Napa Rose, I was so grateful I could just stumble my way back to my room that night. Perhaps I may experience the same appreciation leaving Trader Sam in the near future.

 

[Sunnyore]

Thanks for the info. I'll need to figure out if booking an actual reservation or just trying to get rid of the points will be easier, when the time comes. I think we'll just have 25 pts initially we won't use before they expire. But in future years...who knows.

For 25 points that’s expiring in June 2024, you shouldn’t have any issues renting it out. You can easily grab like a VGC deluxe studio around Xmas time (assuming your points load on time) and it’ll be snatched up quickly even at a premium rental pp. Or you can just add another day to your trip.

 

[AstroBlasters]

I ordered some drink with absinthe in it from Napa Rose,

Ok, I’m intrigued… we usually do a cocktail and then the wine tasting with tasting menu.

I worry the absinthe would make it difficult to taste the wine…

 

[elenex]

Oh for sure Grand Cal has way better restaurants. No one can argue that I don’t think. I guess it’s not a huge factor for me since I live so close and have access to the resort restaurants any given day. I will say the one time I ordered some drink with absinthe in it from Napa Rose, I was so grateful I could just stumble my way back to my room that night. Perhaps I may experience the same appreciation leaving Trader Sam in the near future.

I've got reservations in May and I'll definitely be looking for that absinthe drink.

 

[AstroBlasters]

I've got reservations in May and I'll definitely be looking for that absinthe drink.

The Rennie Rose

Knob Creek Rye, Dolin Dry Vermouth, Benedictine, Grand Absente Absinthe, Peychaud Bitters

https://disneyland.disney.go.com/dining/grand-californian-hotel/napa-rose-lounge/menus/

 

[Sunnyore]

The Rennie Rose

Knob Creek Rye, Dolin Dry Vermouth, Benedictine, Grand Absente Absinthe, Peychaud Bitters

https://disneyland.disney.go.com/dining/grand-californian-hotel/napa-rose-lounge/menus/

I went back to look what I ordered and what got me good was Summer’s Kiss. I had the Vinter’s menu that night and I’m not a lightweight when it comes to my drinks so it was some strong alcohol.

 

[AstroBlasters]

I went back to look what I ordered and what got me good was Summer’s Kiss. I had the Vinter’s menu that night and I’m not a lightweight when it comes to my drinks so it was some strong alcohol.

Summer Kiss

Hendricks Gin, Combier, fresh Lemon Juice, St. Germain, and Absinthe Rinse

That sounds delightful!

 

[AstroBlasters]

All of which easily justifies a premium. Not arguing that at all.

A 40-50% premium over VGF though? Like I said people lost their heads at 300/pp. Nothing magical justified the resort overnight doubling its value 10 years into the contract. Unfortunately sellers have a sticky memory.

Thought experiment: How much would VGF cost if it had a gate entrance to a theme park with good food and drink options built into the hotel and only 71 units available (48 if the studios get booked as 2BD lockoff)?

 

[DianaMB333]

Do you know pls that is the inventory of units at VGC? How many studios? - available for DVC
Thanks!

 

[AstroBlasters]

Do you know pls that is the inventory of units at VGC? How many studios? - available for DVC
Thanks!

https://*******.com/dvc-information...illas-at-disneys-grand-californian-hotel-spa/

23 studios (assuming no one takes them as a 2 bedroom lock off).

 

[DianaMB333]

https://*******.com/dvc-information...illas-at-disneys-grand-californian-hotel-spa/

23 studios (assuming no one takes them as a 2 bedroom lock off).

Yes.. I read that but find it curious the exact number of studios, 1BR and 2 BR .. thought it was an error
Thank you

 

[BrianLo]

Thought experiment: How much would VGF cost if it had a gate entrance to a theme park with good food and drink options built into the hotel and only 71 units available (48 if the studios get booked as 2BD lockoff)?

I think the scarcity would make the absolute biggest difference, but BLT certainly does not overtake VGF because it is closer to MK. Beach Club practically has its own gate and likewise does not overtake VGF.

Doesn't VGF have good food options? Do you mean because there isn't an interior corridor? I don't think that really matters really, cash rates aren't really higher closer to the restaurants in that complex.

Anyways, the conditions of those two DVC resorts didn't suddenly change between 2018 and 2021 (pre-VGF2). Something else broke the valuation, which I think as you mention is and was the sheer scarcity.

 

[AstroBlasters]

I think the scarcity would make the absolute biggest difference, but BLT certainly does not overtake VGF because it is closer to MK. Beach Club practically has its own gate and likewise does not overtake VGF.

Doesn't VGF have good food options? Do you mean because there isn't an interior corridor? I don't think that really matters really, cash rates aren't really higher closer to the restaurants in that complex.

Anyways, the conditions of those two DVC resorts didn't suddenly change between 2018 and 2021 (pre-VGF2). Something else broke the valuation, which I think as you mention is and was the sheer scarcity.

I completely agree that VGF has wonderful food experiences, I was more referencing that MK does not when compared to Epcot (World Showcase is one of my favorite places on the planet except for the crowds) or California Adventure.

 

[HIRyeDVC]

Thought experiment: How much would VGF cost if it had a gate entrance to a theme park with good food and drink options built into the hotel and only 71 units available (48 if the studios get booked as 2BD lockoff)?

I think the scarcity would make the absolute biggest difference, but BLT certainly does not overtake VGF because it is closer to MK. Beach Club practically has its own gate and likewise does not overtake VGF.

Doesn't VGF have good food options? Do you mean because there isn't an interior corridor? I don't think that really matters really, cash rates aren't really higher closer to the restaurants in that complex.

Anyways, the conditions of those two DVC resorts didn't suddenly change between 2018 and 2021 (pre-VGF2). Something else broke the valuation, which I think as you mention is and was the sheer scarcity.

While VGCs amenities are great and unique, it really was the scarcity that makes the most difference at VGC. No one can ever downplay the fact that VGC practically sits inside of a park. But it really is the 1 million total points there that makes it so expensive.

VGF prior to BPK was selling for $200pp in the resale market because points and rooms were scarce. Now it’s one of the easiest places to book at 7 months. Can you imagine what would happen to existing VGC prices if Disney were to convert another hotel wing to 200+ studios and 4 million more points. As an existing VGC owner, this would be my biggest nightmare but non owners would probably celebrate it. The only thing preventing Disney from doing it would be the continued success of VGC cash bookings. If GCG hotel occupancy dropped like it did at GFH, then it’s a possibility.

 

[DVChris]

Not sure about price but I noticed since the VDH renderings came out last week, the number of VGC contracts on the resale market is down to 41 from 49.

VGC is now down to 30 contracts on the market and prices seem to be holding steady ~$230-235pp. Perhaps we've hit bottom if the decline in number of contracts continue.

 

[DianaMB333]

I still have hopes for further reductions depending on VDH price…

 

[ClaraOswald]

I wonder if this is just a lull and things will pick back up later in the year? I'm just glad we got our contract since I'm not seeing any good ones for the amount of points and UY we wanted! Phew!

 

[Duckbug.Ducktales]

For small contracts 100 pts or lower, still nothing below $260 per point. And none in the Sep UY I want. No way for me at those prices if VDH comes in at $217.

I think the only deals will remain at high point values, but maybe VDH will change the resale market enough. I'm not in a rush, will wait and see.

 

[Chili327]

I still have hopes for further reductions depending on VDH price…

For small contracts 100 pts or lower, still nothing below $260 per point. And none in the Sep UY I want. No way for me at those prices if VDH comes in at $217.

I think the only deals will remain at high point values, but maybe VDH will change the resale market enough. I'm not in a rush, will wait and see.

Fingers Crossed... or Maybe the restrictions will do what they hoped, & get me to buy direct. lol