how does disney dvc compare to "other" time share companies??

[Jennifer_W]

It's a tiny logo on cans and bottles that allows the homeless people of Southern California to make nearly six-figure incomes.

Rinkwide, you're too funny!!

Jennifer, I believe it stands for the much hoped for Contemporary Resort Villa's (if not, I'm sure someone will correct me.)

OK, you are BOTH too funny! Being from waaaay up north in MN, I guess we don not have that on our slow-paced, laid back midwestern aluminum cans. But thanks for the heads up--if the GCV in DLR look really appealing, maybe I can support myself in that way! Who knew?!

Oh yeah--more cowbell! DH & DS would loooove that!

 

[FLYNZ4]

Most timeshares that I have visited do not charge for linen and towel exchanges.

The reason is they do NOT want you washing them in the small washing machines... and would rather they get cleaned in the industrial strength machines in the laundry facility. This saves wear and tear on the in-room machines.

I personally think DVC would be well served by changing the policy.

/Jim

 

[Laxmom]

OK, do I have Disney-amnesia (perish the thought!) or what? Why do I have no idea what CRV is?

I thought it was a Honda! The speculation is the new name will be that or Kingdom Towers. Since Disney is being so tight lipped, a few on these boards have begun referring to it as a Super Walmart.

 

[chuckx]

Lets look at the documents for what they are worth. I am repeating the question before.

The documents allow for the members of the association to take over control. They they even have guidelines for what is to happen next, ie. Animal Kingdom will now be called Savannah and all Disney logos are to be removed. Fantastic! So the resort becomes controlled by its members and not Disney. It clearly puts forth a plan for the members to eject Disney control.

Disney can terminate the ground lease. It would not be right for them to do this without compensation to the association for the value of the remainder of the lease. What is the compensation if any?

I will never buy into the idea that Disney would never do anything to harm their clients for fear of a scandal. I have a very high respect for Disney, and believe they are a great company, but that does not stand in the way of the fact that they are still a for profit company. On the whole they may never do anything to harm their clients, but that does not stop one department or one employee. People are people and these things will happen.

The only thing that I want to know is if there is anything at the bargaining table, ie. lease value. If there is nothing at the bargaining table then Disney can do what they please to the members. I only want there to be something at the bargaining table so that Disney will never be in the position of saying "whatever" hand over the hotel and too bad about all that money you spent, and oh on top of that pay for a new roof.

Has anyone read the reserve study? It looks like someone spent five minutes on it.

 

[Chuck S]

The only thing that I want to know is if there is anything at the bargaining table, ie. lease value. If there is nothing at the bargaining table then Disney can do what they please to the members. I only want there to be something at the bargaining table so that Disney will never be in the position of saying "whatever" hand over the hotel and too bad about all that money you spent, and oh on top of that pay for a new roof.

Has anyone read the reserve study? It looks like someone spent five minutes on it.

Actually, Disney demanding that Owners vacate and return the resorts to them prior to their respective contractual ending dates should be prohibited by the timeshare laws of the state of Florida. Since those laws also regulate that Disney can not unilaterally substantially change what was purchased by the DVC owners.

 

[Dean]

Lets look at the documents for what they are worth. I am repeating the question before.

The documents allow for the members of the association to take over control. They they even have guidelines for what is to happen next, ie. Animal Kingdom will now be called Savannah and all Disney logos are to be removed. Fantastic! So the resort becomes controlled by its members and not Disney. It clearly puts forth a plan for the members to eject Disney control.

Disney can terminate the ground lease. It would not be right for them to do this without compensation to the association for the value of the remainder of the lease. What is the compensation if any?

I will never buy into the idea that Disney would never do anything to harm their clients for fear of a scandal. I have a very high respect for Disney, and believe they are a great company, but that does not stand in the way of the fact that they are still a for profit company. On the whole they may never do anything to harm their clients, but that does not stop one department or one employee. People are people and these things will happen.

The only thing that I want to know is if there is anything at the bargaining table, ie. lease value. If there is nothing at the bargaining table then Disney can do what they please to the members. I only want there to be something at the bargaining table so that Disney will never be in the position of saying "whatever" hand over the hotel and too bad about all that money you spent, and oh on top of that pay for a new roof.

Has anyone read the reserve study? It looks like someone spent five minutes on it.

Ultimately any timeshare, including DVC, is a gamble on the developer and management of the resort. That's one of the MAIN reasons why systems like Marriott, Hyatt, Hilton, Westin and a couple of others command such a status in the industry and that prices reflect that status to a degree. The members could, give the right circumstances, vote DVCMC out. And Disney could, if they so chose, sell the management to someone else for any or all resorts. IMO, banking on Disney is better than most bets in the timeshare world if the other facets of the program work for you.

Marriott has excluded a number of resorts over the years though not anything they built themselves. Early on they gave the members they had sold to the option of a new resort in the system though they have ceases this practice. Sunterra has gone through a couple of failures. The parent company of RCI has bought up a number of smaller timeshare companies and consolidated (Equivest, Fairfield, Worldmark (Trendwest) all ending up under Wyndham.

 

[rkdahl]

Lets look at the documents for what they are worth. I am repeating the question before.

The documents allow for the members of the association to take over control. They they even have guidelines for what is to happen next, ie. Animal Kingdom will now be called Savannah and all Disney logos are to be removed. Fantastic! So the resort becomes controlled by its members and not Disney. It clearly puts forth a plan for the members to eject Disney control.

Disney can terminate the ground lease. It would not be right for them to do this without compensation to the association for the value of the remainder of the lease. What is the compensation if any?

I will never buy into the idea that Disney would never do anything to harm their clients for fear of a scandal. I have a very high respect for Disney, and believe they are a great company, but that does not stand in the way of the fact that they are still a for profit company. On the whole they may never do anything to harm their clients, but that does not stop one department or one employee. People are people and these things will happen.

The only thing that I want to know is if there is anything at the bargaining table, ie. lease value. If there is nothing at the bargaining table then Disney can do what they please to the members. I only want there to be something at the bargaining table so that Disney will never be in the position of saying "whatever" hand over the hotel and too bad about all that money you spent, and oh on top of that pay for a new roof.

Has anyone read the reserve study? It looks like someone spent five minutes on it.

Chuck...the DVC resorts are managed by the association (where DVD, a subsidiary of Walt Diseny Co. is the association majority voting member on our behalf) which is sitting on Reed Creek Improvement District which is also governed by Disney. So I guess I'm not getting your point on someboady voting Disney out and giving someone else control? Who besides Disney can do that? No one.

I'd suggest you get your questions documented, walk in and sit down with a DVC guide for a couple of hours and ask away. They will be willing to explain it all to you and if they can't they can get someone from DVC legal to step in and help answer your questions.

I've been a member since '93 and I have never once worried for 1 second that Disney will not be managing our DVC resorts.