Grand Floridian 2 info

[we"reofftoneverland]

Not sure if this is already common knowledge but we went on a casual dvc tour last week and a dvc representative told us that GF 2 would only have the same amount of years on it as the current GF but would be priced higher than RIV.

 

[Frederic Civish]

That makes sense. And it is actually probably good. Of course they are going to price it higher than Riviera. GF already sells for more than Riviera. But the good point is that it is going to have the same number of years left as the rest of GF. I think this says that they are going to kind of 'roll it into' the regular, existing GF membership group. So IT WILL NOT have any of the restrictions on resales and usage for resellers that RIV has. In other words, it will look just like GF looks to existing owners and use the same booking area on the website and things like that. It will follow the same rules in everything. At least that is my way of looking at it.

 

[erionm]

When they announced the conversion, they specifically said it was going to be part of the existing VGF condo association. That meant same expiration of the contracts.

 

[davidl81]

Guides do not know what the pricing will be for VGF2, so for them to say it will be more than RIV is not accurate. They may be speculating, or they may be trying to make RIV look more attractive to someone looking to purchase today.
VGF2 may end up being more than RIV, it may end up being the same price, but the guides do not know that information right now.

 

[Frederic Civish]

When they announced the conversion, they specifically said it was going to be part of the existing VGF condo association. That meant same expiration of the contracts.

I love GF but haven't been that interested in staying in the 'out building.' It will be much more interesting if I can stay in the main building after the conversion.

 

[JETSDAD]

I love GF but haven't been that interested in staying in the 'out building.' It will be much more interesting if I can stay in the main building after the conversion.

Only Big Pine Key is being converted so there won't be rooms in the main building.

 

[CaptainAmerica]

Not sure if this is already common knowledge but we went on a casual dvc tour last week and a dvc representative told us that GF 2 would only have the same amount of years on it as the current GF but would be priced higher than RIV.

That guide lied to you.

Maybe it'll be higher than RIV (probably will be), but the guide does not have any more of a clue at this point than we do.

Presumably, the guide SPECULATED that VGF will be priced higher than RIV because he was trying to sell you RIV.

 

[RoseGold]

That guide lied to you.

Maybe it'll be higher than RIV (probably will be), but the guide does not have any more of a clue at this point than we do.

Of course it will be a higher price than RIV. I mean, I was the highest guess in the VGF pricing thread, but it doesn't take a MBA to figure out VGF is worth more than RIV. Heck, current VGF resale is not far off RIV direct, without Blue Card points.

We do have a clue. The market is speaking loud and clear. I bought VGF resale summer 2020 in the 150s it's now creeping on 180-190. No new construction and nobody wants RIV. Of course it will price higher. A LOT higher.

 

[CaptainAmerica]

Of course it will be a higher price than RIV. I mean, I was the highest guess in the VGF pricing thread, but it doesn't take a MBA to figure out VGF is worth more than RIV. Heck, current VGF resale is not far off RIV direct, without Blue Card points.

We do have a clue. The market is speaking loud and clear. I bought VGF resale summer 2020 in the 150s it's now creeping on 180-190. No new construction and nobody wants RIV. Of course it will price higher. A LOT higher.

My point is, the guides have not seen any officially published rates behind the scenes and this one was speaking out of turn as a sales tactic.

 

[we"reofftoneverland]

Yeah he did say part of same condo association. We aren’t really interested in either. Already own at RIV and GFV just isn’t a fav for us. But I do think it’s cool that they are expanding at GFV.

 

[_auroraborealis_]

Current VGF direct pricing is $255; RIV is $201. So right now, VGF is higher than RIV, and realistically when was the last time Disney dropped price significantly on a desirable property? And $50 is significant.

 

[havoc315]

Guides do not know what the pricing will be for VGF2, so for them to say it will be more than RIV is not accurate. They may be speculating, or they may be trying to make RIV look more attractive to someone looking to purchase today.
VGF2 may end up being more than RIV, it may end up being the same price, but the guides do not know that information right now.

THIS.

I do strongly suspect that the pricing will be higher than the Riviera, but that's not information the guides would know yet. Disney has likely not even finalized the pricing yet, and that will be one of the last things finalized before sales begin.
The guide was likely speculating based on the most recent direct pricing of GFV.

Though I'll say this... if anyone paid $250+ to add-on direct points this year, and next year, they sell direct for under $200 per point... There are going to be some unhappy campers.

 

[gkrykewy]

Of course it will be a higher price than RIV. I mean, I was the highest guess in the VGF pricing thread, but it doesn't take a MBA to figure out VGF is worth more than RIV. Heck, current VGF resale is not far off RIV direct, without Blue Card points.

We do have a clue. The market is speaking loud and clear. I bought VGF resale summer 2020 in the 150s it's now creeping on 180-190. No new construction and nobody wants RIV. Of course it will price higher. A LOT higher.

Nobody wants RIV? Come on, that’s pretty insulting.

 

[kandlsutton]

Though I'll say this... if anyone paid $250+ to add-on direct points this year, and next year, they sell direct for under $200 per point... There are going to be some unhappy campers.

That’s exactly why I dont think VGF2 will be anywhere near current RIV. I would expect incentives (none for contracts under 100), but you would have to buy lot of points to get in the same range as RIV.

 

[Sandisw]

That’s exactly why I dont think VGF2 will be anywhere near current RIV. I would expect incentives (none for contracts under 100), but you would have to buy lot of points to get in the same range as RIV.

I don’t think they will be the same but my guess is that they will be within $20 to $30/point with each other.

Unless the strategy will be to price it high so people actually don’t buy it, buy RIV and they have the points for those who are owners who pick it up.

I just don’t see them being $50 to $70 more a
point and expecting it’s going to sell when there are less expensive options.

We are already see that to a degree with people buying SSR and OKW because they cost less.

Remember, at the new minimum of 150, they can afford to price it lower to start if they want to spark sales.

 

[Nabas]

I love GF but haven't been that interested in staying in the 'out building.' It will be much more interesting if I can stay in the main building after the conversion.

The advantage of the VGF is that you can pull right up and drop off or pick up your luggage. Also, the parking is closer than at the main building.

Big Pine Key (i.e. the building being converted) is a bit of a walk. I am not looking forward to it with lots of luggage or in the rain, but it will be a modestly different experience to stay there.

 

[BWV Dreamin]

Again I am amazed people think VGF2 will be priced lower than the current $255/pt. OKW had a price increase direct, AP’s increased, Genie+ pricing. But VGF2 will sell for LESS than the current $255/pt? I don’t think so………

 

[brazzledazzler]

I don’t think they will be the same but my guess is that they will be within $20 to $30/point with each other.

Unless the strategy will be to price it high so people actually don’t buy it, buy RIV and they have the points for those who are owners who pick it up.

I just don’t see them being $50 to $70 more a
point and expecting it’s going to sell when there are less expensive options.

We are already see that to a degree with people buying SSR and OKW because they cost less.

Remember, at the new minimum of 150, they can afford to price it lower to start if they want to spark sales.

Don’t they generally price the new resorts lower with incentives and then they slowly creep up?

In the end, they still want to sell points. I’m not sure what the original sales strategy was for highly popular DVC add-ons to deluxe resorts (VGF, CCV, Poly…) but I imagine it may be similar.

 

[brazzledazzler]

Again I am amazed people think VGF2 will be priced lower than the current $255/pt. OKW had a price increase direct, AP’s increased, Genie+ pricing. But VGF2 will sell for LESS than the current $255/pt? I don’t think so………

While that is the price, I am not sure they are actively selling any VGF right now. On the member website in the add-on area VGF is absent. Maybe they are pausing sales there for the time being?

 

[BWV Dreamin]

Don’t they generally price the new resorts lower with incentives and then they slowly creep up?

In the end, they still want to sell points. I’m not sure what the original sales strategy was for highly popular DVC add-ons to deluxe resorts (VGF, CCV, Poly…) but I imagine it my be similar.

Disney is not going to leave money on the table. RIV is selling okay, but IMO resale restrictions are preventing it from selling out anytime soon. What else is there to buy new? VGF2. And nothing else on the horizon. They don’t need to sell out right away, but to have SOMETHING to sell that is NEW for a while. The buy backs at OKW and AKV tell me that they are in need of inventory to sell.