How soon is a room returned to the availability pool after cancellation?

FrancisK7

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I'm booking a trip which is 55 days away from now at AKL. I am waiting on a contract I bought to be added to my membership, which should be 2 weeks from now.

Since availability might be an issue, I'm hoping to book the room immediately with BCV I currently have access to. In 2 weeks when my AKL points load, I'd like to cancel the booking I made with BCV points so I can rebook the same rooms but with "cheaper" points.

How soon after cancelling my booking can I rebook the same rooms?
 

I'm booking a trip which is 55 days away from now at AKL. I am waiting on a contract I bought to be added to my membership, which should be 2 weeks from now.

Since availability might be an issue, I'm hoping to book the room immediately with BCV I currently have access to. In 2 weeks when my AKL points load, I'd like to cancel the booking I made with BCV points so I can rebook the same rooms but with "cheaper" points.

How soon after cancelling my booking can I rebook the same rooms?
To answer your specific question, sometimes they don’t come back at all, if the waitlist grabs them. If they do come back, it’s usually quick.

PS be careful that your modification or cancel/rebook doesn’t happen 30 days or fewer from checkin. You’ll be putting the BCV points into Holding, which greatly limits their use.
 
If the new contract is in the same membership (same UY and same owners), then all you’ll need to do is to Modify the reservation you make with the BCV points and choose the AKV contract. No need to cancel!
That is even better!

Just to confirm, if I cancel a booking 31 days or more before arrival, points are returned to current UY without any restrictions.

If I cancel at 31 days or less, points are returned to a Holding account, points expire at the end of UY, can only make a booking due for arrival in the next 60 days. Is this all correct?
 
That is even better!

Just to confirm, if I cancel a booking 31 days or more before arrival, points are returned to current UY without any restrictions.

If I cancel at 31 days or less, points are returned to a Holding account, points expire at the end of UY, can only make a booking due for arrival in the next 60 days. Is this all correct?
If you cancel at 31 days or more, points go back to the UY of the trip (significant if you have banked or borrowed points in that reservation).

If you cancel at 30 days or less, points go into Holding, with the restrictions you outline.
 
What happens if you modify the booking to use the points of a different contract with same owners and UY?

If you had borrowed points for that modified booking, do they also return to the same UY as the trip, or get sent back to the UY they were borrowed from?
 
What happens if you modify the booking to use the points of a different contract with same owners and UY?

If you had borrowed points for that modified booking, do they also return to the same UY as the trip, or get sent back to the UY they were borrowed from?
Banking and borrowing are final transactions. Any time you free up points by modifying a reservation, whether using a different contract’s points or the same contract’s points (modify to different dates that use fewer points, for instance), the points stay in the UY of the trip.

So in your case, think carefully before borrowing points from your BCV contract to make that AKV reservation. When you modify that reservation to use your new AKV points, the BCV points will stay in the UY of the trip. They will not return to the UY they came from.
 
What happens if you modify the booking to use the points of a different contract with same owners and UY?

If you had borrowed points for that modified booking, do they also return to the same UY as the trip, or get sent back to the UY they were borrowed from?

Its not only cancel that puts points in holding, it can be a change in which points you want to use or to a cheaper room. But, as mentioned, if you were to borrow BCV points for this reservation now, those would remain borrowed when you get your new points to replace into the reservation.

As long as any changes to the trip is made 31 days or more, though, you do not risk any chance of holding. So, you can book now, assuming you dont need to borrow, and then when the new points are there, just modify, choose the new contract to be used, and not the BCV contract, follow to the end and it will use up the new points!
 
I'm booking a trip which is 55 days away from now at AKL. I am waiting on a contract I bought to be added to my membership, which should be 2 weeks from now.
Are the members you are purchasing from able to make the booking and add you as guests?
 
Are the members you are purchasing from able to make the booking and add you as guests?
Unless things have changed, you cannot close on a contract if there’s a pending reservation, so having the sellers make a reservation for you would either delay closing until after your trip or DVC would cancel the pending reservation in order to transfer the contract to the buyer.
 
If booking 11 to before 7 month window with home resort priority, you cannot then modify using cheaper points. For example....if I book copper creek for Xmas at 11 months out...I cannot then modify at 7 months to use my AKV points. If I book at 7 months or less, then I can later modify to use other points.

Op said the trip is 55 days out so they are good to book now and then modify in 2 weeks when their other points load.
 
Unless things have changed, you cannot close on a contract if there’s a pending reservation, so having the sellers make a reservation for you would either delay closing until after your trip or DVC would cancel the pending reservation in order to transfer the contract to the buyer.
I was not aware of this, thanks for sharing.
 















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