H.Richburg said:
I'm curious; how long has
DVC offerend exchanges through Interval International?
Historically how frequently and by how much have the points required for exchanges increased per year?
Thanks
studios are 106/123/134
3 BR are 276/317/349
DVC used RCI as an exchange company from 1991 to 1995 when they changed to II. The story of why they changed varies with who you ask. Some would say DVC members were unhappy with what they were getting from RCI, others would say II has better options though less options. A handful of outsiders would say that they changed because RCI wouldn't let them institute the $95 fee but IMO, this is absurd as RCI allows other extra fees.
From 1995 until early 2003, you found the exchange then deposited a unit that matched the criteria of unit size and "season". That meant you didnt really know how many points until you actually found the match. Early on it had to be at your home resort but somewhere along the way they made it any resort. Since it was based on DVC seasons (usually adventure, Choice or Dream), one could vary the number of points needed depending on the resort in question and the season. For adventure, HH was always the best and almost always available. For other seasons OKW was the best if available. The 7/11 month windows applied as did the other reservation rules just like you were making it for your own personal use. This means that any comparison to the old system and the new system should use these as the benchmarks, specifically HH for adventure and OKW for Dream season. The new system is cheaper for 1 BR and pretty neutral for 2 BR. It is MUCH higher for studios and for 3 BR. Its also much higher for short notice trips of under 60 days.
Since DVC points basically dont change, the points have only changed once, early 2003, when they went to the grid thats in place now. Over the years less than 3% of owners per year exchange and until 2003 it was always 2% or less. Only 79% of the members asking for an exchange, got one in 2003, the info is not yet available for 2004 as it is usually published in June. 79% isnt really that good to me as it includes anyone who took an exchange, even if they settled for something other than their preference.
The similar but different question is about the BVTC which has continued to shrink over the years. It currently only offers Club Intrawest and Cordial out of Europe but offered HI and the west coast of the USA previously and you can get non 7 day stays starting at (I think) 10 months out though it varies with the situation. Though Cordial is on hold for now until Cordial members get caught up in taking their part. It also sounds like theres a good chance Cordial will be dropped from the system. Only 47% of the Cordial exchanges and 58% of the CI exchanges were completed but given the smaller scale and lack of similar alternatives, Id look at those as about he same as the II 79%. The real question is how many got their A list and that info is unknown.
I think DVC would do better by its members by forging alliances with other systems, especially points systems. Bluegreen, Fairfield, Worldmark, Suntera, Hyatt, Hilton and even Marriott (not a true points system) come to mind. They could gear up the BVTC to do this and give the members of DVC far more options than they have now.
This is mostly directed at search first but there is the option of deposit first. With DVC it can be very complicated and is only for those that have no other choice are truly understand the intricacies of the system.