Incentivizing direct purchase over resale

[Brian Noble]

I looked it up, its 33. Yea demand aint why its hard to get, its supply.

Which is less than 10% of the total number.

However, if they continue not to sell, they will continue to not be available.

 

[kilik64]

Dang it, too early and I read it wrong, 33 was the last declaration and that was in 2024. Total number is 63.

Still not a ton, 18% of the total 350.

Its been over two years since they last declared any units?? Was last declared on 4/3/2024. Yikes.

 

[sethschroeder]

...excepting Disney, of course.

100% but that part of the answer was how to increase resale value. Increasing resale value I am not sure has a large impact on direct sales.

As an example you could say low resale means people would be nervous about buying. My counter would be now people can "try" DVC buy buying a contract for cheaper, realize they like it, then add on (at which point they want the flexibility and perks of direct). So the low cost resale could be a feeder longer term to direct sales.

 

[sethschroeder]

2. Makes DVC a product above the game level of other timeshare resorts.

Its already above everyone else in that there is zero alternative to WDW annually.

Meanwhile you essentially wont find a timeshare product elsewhere in the world that you can't easily find alternatives for. As an example get a timeshare in Ski country there likely is a bunch of time shares and a bunch of hotels and a bunch of Airbnbs all fighting for you. With WDW you go to Disney or you go to Disney for those rooms. Sure a tiny amount of Marriot rooms but thats a drop in the bucket.

Thus they had to lower the minimum point purchase

Inside information on this one? Point requirements have to be lowered when you can't go through the points. You can get a week in a studio for under 130 points. Its why now seemingly right around 150 points is where many contracts land (studio for a week number of points).

Elite buyers are much more likely to look at the investment side of purchases, and higher resale supports a better investment. So no, I don’t necessarily agree that restrictions will pay off for Disney.

Elite buyers are writing this off not looking at a vacation as an investment.

 

[Mirabell Rose]

Its already above everyone else in that there is zero alternative to WDW annually.

Meanwhile you essentially wont find a timeshare product elsewhere in the world that you can't easily find alternatives for. As an example get a timeshare in Ski country there likely is a bunch of time shares and a bunch of hotels and a bunch of Airbnbs all fighting for you. With WDW you go to Disney or you go to Disney for those rooms. Sure a tiny amount of Marriot rooms but thats a drop in the bucket.


Inside information on this one? Point requirements have to be lowered when you can't go through the points. You can get a week in a studio for under 130 points. Its why now seemingly right around 150 points is where many contracts land (studio for a week number of points).


Elite buyers are writing this off not looking at a vacation as an investment.

Disagree. Those with elite money always look at the investment side of a purchase.

 

[ShaneDJ]

Disagree. Those with elite money always look at the investment side of a purchase.

Not always.

 

[Mirabell Rose]

Not always.

Agree. Nothing is 100%

 

[atthebeachclub]

The closest I’ve been to elite money is sharing a small local sushi restaurant with Bill and Melinda Gates once. They didn’t tell me anything, most especially nothing about how they handled their money, but I doubt they owned DVC.

 

[airjay75]

I think a lot depends on your definition of "elite money." Personally, I think you've got to have a net worth of at least 8 figures. And, do I personally think someone worth that much cares very much about any salvage value remaining from a $100k timeshare purchase? Not likely IMO. If they were worried about investment returns on that money, they wouldn't be parking it in a fairly illiquid timeshare contract whose future value is largely speculative.

 

[PolyRob]

If I had "elite money" I would buy a Golden Oak estate and skip the Club 33 waiting list

 

[Brian Noble]

A family friend of mine is a serial entrepreneur, and has been a CFO for three different companies that had successful exits. He is not quite post-economic, but he does not want for anything. His family goes to WDW probably two or three times per year, and has for close to a couple of decades now. They pretty much always stay at higher-end resorts at WDW, though he also likes the Swan Reserve a lot.

I've tried to explain DVC to him a couple of different times now. His reaction? Too complicated. He'd rather just pay for what he wants when he wants it. One of his kids was in CP and is now a full-time CM, so presumably he gets good enough deals through them!

For most of the other not-quite-post-economic people I know (and I know a few): Disney is far too pedestrian for them, and they'd rather not rub shoulders with the hoi polloi in a theme park.

 

[J-Dog]

A family friend of mine is a serial entrepreneur, and has been a CFO for three different companies that had successful exits. He is not quite post-economic, but he does not want for anything. His family goes to WDW probably two or three times per year, and has for close to a couple of decades now. They pretty much always stay at higher-end resorts at WDW, though he also likes the Swan Reserve a lot.

I've tried to explain DVC to him a couple of different times now. His reaction? Too complicated. He'd rather just pay for what he wants when he wants it. One of his kids was in CP and is now a full-time CM, so presumably he gets good enough deals through them!

For most of the other not-quite-post-economic people I know (and I know a few): Disney is far too pedestrian for them, and they'd rather not rub shoulders with the hoi polloi in a theme park.

Sheesh. I am apparently not well-off enough to even know what this term meant until I googled it.

 

[DonkeyHoTay]

Personally, I love that the Cabins are in the DVC program. We will have our 5th stay in them in a month or so and can't wait. It seems as though many in the program agree with this as they are very hard to get unless you are right on it at 7-months.

Agree with this! I am both annoyed and relieved that I bought a Favorite Week in December at CFW:

- Relieved because I can relax on booking a full week at my favorite time of the year at one of my favorite resorts.
- Annoyed because I can't use my SAP to book that week (and then use my CFW points to book other times of the year) because not enough inventory is declared yet!

Sales, you cant get in because theres like 10 cabins declared, so I dont think the demand is super high being the reason for harder availability.

Sure feels like only 10 cabins declared when I check availability! It's a supply problem right now, which I hope will be alleviated by a combination with LSL when all those LSL buyers will unwittingly facilitate my trespassing in their lazy river while saving me millions of dollars on CFW dues.

 

[cruisehopeful]

A family friend of mine is a serial entrepreneur, and has been a CFO for three different companies that had successful exits. He is not quite post-economic, but he does not want for anything. His family goes to WDW probably two or three times per year, and has for close to a couple of decades now. They pretty much always stay at higher-end resorts at WDW, though he also likes the Swan Reserve a lot.

I've tried to explain DVC to him a couple of different times now. His reaction? Too complicated. He'd rather just pay for what he wants when he wants it. One of his kids was in CP and is now a full-time CM, so presumably he gets good enough deals through them!

For most of the other not-quite-post-economic people I know (and I know a few): Disney is far too pedestrian for them, and they'd rather not rub shoulders with the hoi polloi in a theme park.

Honestly, if I had that much money, I wouldn't buy DVC, either. I'd stay somewhere with turn down service, room service, etc. I'd like DCL level service at the hotel level.

 

[DonkeyHoTay]

Honestly, if I had that much money, I wouldn't buy DVC, either. I'd stay somewhere with turn down service, room service, etc. I'd like DCL level service at the hotel level.

This is why I cruise a lot on DCL... it's interfering with my DVC stays!

 

[tx911]

Sheesh. I am apparently not well-off enough to even know what this term meant until I googled it.

I’m post-ergonomic, does that count?