Influx of Aulani contracts or is it just me?

[Paul Stupin]

Rising tides lift all boats.

But Aulani’s prices went up disproportionately higher, probably because they’d been disproportionately lower to begin with. But it’s inaccurate to say that ”the demand is just not there.“ That’s never been true for the resale market re Aulani.

 

[Jimmy Geppetto]

I guess everyone has a certain way to look at it. Like many people say, there is something for everyone at every DVC property.
For me there are far better properties to place my money with better upside potential.

 

[Cyberc1978]

AUL subsidized contracts may be the best value in DVC resale right now depending on the buy in price. Even if just used for SAP.

Problem is if you are going to WDW then with an SSR contract you can book a room 11 months out and if everything fails at 7 months or less you always have that room. The same doesn't go for Aulani, if there are no rooms 7 months or less then you need to find or pay for another solution.

 

[Paul Stupin]

I guess everyone has a certain way to look at it. Like many people say, there is something for everyone at every DVC property.
For me there are far better properties to place my money with better upside potential.

I bought Aulani last year at $190 per point. It’s now going for $130-$140. Can’t get much more upside than that!

 

[Cyberc1978]

I bought Aulani last year at $190 per point. It’s now going for $130-$140. Can’t get much more upside than that!

I assume you mean you bought at $90 last year?

 

[Jimmy Geppetto]

I bought Aulani last year at $190 per point. It’s now going for $130-$140. Can’t get much more upside than that!

I hope you meant $90.
The only AUL contracts I see selling for $130 to $140 are subsidized.
Maybe check the ROFR thread. Someone else was able to buy AUL for $90 in July 2021.

 

[Paul Stupin]

I hope you meant $90.
The only AUL contracts I see selling for $130 to $140 are subsidized.
Maybe check the ROFR thread. Someone else was able to buy AUL for $90 in July 2021.

I don’t check every site, but take a look at the going rates at dvcresalemarket.com. Even assuming they sell for $10-15 less, the prices are still high. And, ha, yes, I meant $90!
Regarding better upside potential at WDW DVC properties, not sure I agree either. I own at CCV and VGF, and love them, but not sure about upside potential in the next few years. Not Riviera. I wouldn’t bet on the 2042 resorts either. The other ones, for me, are places I’d rather stay every once in a while but not own.

 

[RoseGold]

But the resale demand is there. The Aulani price per point has gone up almost 50% in the last year.

This OP is about how many Aulani contacts are on the market. I don’t view that (and millions of unsold direct points) as strong demand.

 

[Paul Stupin]

This OP is about how many Aulani contacts are on the market. I don’t view that (and millions of unsold direct points) as strong demand.

I totally see your point. The number of contracts out there, in my opinion, relates to the current uncertainty in Hawaii, where the governor has actually asked visitors not to come. But there do seem to be more out there than usual, but not in an amount which exceeds the number of contracts being sold for other WDW resorts, which has also significantly increased recently.
Maybe I’m being defensive because my wife and I do really love Aulani. And, contrary to some opinions, I truly don’t think we’re going to see a fire sale any time soon. All my Aulani contracts have nicely increased in value.

 

[DVChris]

No. The Chinese company behind it has no money.

You’re right!

https://www.staradvertiser.com/2021...aii-atlantis-resort-in-financial-straits/amp/

 

[Paul Stupin]

You’re right!

https://www.staradvertiser.com/2021...aii-atlantis-resort-in-financial-straits/amp/

I’m kinda glad the Atlantis project might go away. Too gargantuan, commercial, and not very Hawaii-esque. And when their lagoon next door got crowded, the overflow might have spilled over to Aulani’s. And the line at Monkeypod is already long enough.
A few additional restaurants would have been great, though.

 

[DisneyOutsider]

I’m kinda glad the Atlantis project might go away. Too gargantuan, commercial, and not very Hawaii-esque. And when their lagoon next door got crowded, the overflow might have spilled over to Aulani’s. And the line at Monkeypod is already long enough.
A few additional restaurants would have been great, though.

Oh it would have been a terrible thing for fans of Aulani, no doubt.

 

[Paul Stupin]

Oh it would have been a terrible thing for fans of Aulani, no doubt.

Well, I assume that since Aulani is the main topic of conversation, the discussion might include some fans, no? Have you ever actually been? In any case, Atlantis wouldn’t have been the end of the world. It might have been kinda fun to check out the waterpark and restaurants. But a 3-5 year construction timeline for such a huge project right next door, 5 days a week, all year long, might have diminished some of the magic. Don’t you agree?

Also, the beach and lagoons are never crowded, and the whole area has a very relaxed vibe, which might have been changed by the touchdown of a gigantic space ship, which is kinda what the renderings looked like.

 

[DisneyOutsider]

Well, I assume that since Aulani is the main topic of conversation, the discussion might include some fans, no?

Yeah.. that's why I said it.

Have you ever actually been?

Yep.. It's definitely my favorite place to stay in Oahu.

In any case, Atlantis wouldn’t have been the end of the world. It might have been kinda fun to check out the waterpark and restaurants. But a 3-5 year construction timeline for such a huge project right next door, 5 days a week, all year long, might have diminished some of the magic. Don’t you agree?

I do agree with your last sentence.. but I would go even further than that. Even if you forget all about the mess that a construction site of that magnitude right next door would cause, the property would be extremely close to Aulani Resort grounds... to the point that I'd call into question whether they could still effectively hold the Luau in the same location without a significant amount of noise and light pollution.

Part of Aulani's charm in addition to it's authentic thematic integrity fitting seamlessly into Hawaiian culture, is the sleepy beach vibe of the surrounding area. This new resort was going to be UGLY.. It would have been looking to cater to the lowest common denominator in tourists from a thematic standpoint. Nothing distinctly Hawaiian about it in the least bit.

Also, the beach and lagoons are never crowded, and the whole area has a very relaxed vibe, which might have been changed by the touchdown of a gigantic space ship, which is kinda what the renderings looked like.

Bingo.. and you better believe a good chunk of those guests are going to want to wander over and mill about on the grounds of the best Disney resort in the world.

 

[benedib99]

We bought into Aulani last year when the points were MUCH cheaper. We like Aulani and are happy to stay there. But we figured if we can't make a trip to Hawaii, we could usually use them as SAP. We bought at both $80 pp and $86 pp. So, from a lifetime cost per point, it was hard to beat.

 

[Paul Stupin]

Yeah.. that's why I said it.


Yep.. It's definitely my favorite place to stay in Oahu.



I do agree with your last sentence.. but I would go even further than that. Even if you forget all about the mess that a construction site of that magnitude right next door would cause, the property would be extremely close to Aulani Resort grounds... to the point that I'd call into question whether they could still effectively hold the Luau in the same location without a significant amount of noise and light pollution.

Part of Aulani's charm in addition to it's authentic thematic integrity fitting seamlessly into Hawaiian culture, is the sleepy beach vibe of the surrounding area. This new resort was going to be UGLY.. It would have been looking to cater to the lowest common denominator in tourists from a thematic standpoint. Nothing distinctly Hawaiian about it in the least bit.


Bingo.. and you better believe a good chunk of those guests are going to want to wander over and mill about on the grounds of the best Disney resort in the world.

My apologies…I incorrectly thought there might have been some condescension in your posting about it being a terrible thing for fans of Aulani…and I totally agree with everything you said! Yeah, I think we all dodged a bullet with Atlantis potentially not moving forward. It would indeed have been an ugly behemoth, bringing unwelcome crowds and a ton of day visitors just coming for the water park.

Sooner or later, something will go up on that plot of land, but hopefully whatever it is will be less gargantuan and fit in better. My hope would be a smaller scale, nicely designed shopping village, but not sure there are enough visitors to justify it’s construction. Come to think of it, would be happy to have that plot of land stay empty for years.

 

[Paul Stupin]

We bought into Aulani last year when the points were MUCH cheaper. We like Aulani and are happy to stay there. But we figured if we can't make a trip to Hawaii, we could usually use them as SAP. We bought at both $80 pp and $86 pp. So, from a lifetime cost per point, it was hard to beat.

I got my points at a lower price last year as well, but not as low as you did! We’re happy to stay there too.

 

[Jimmy Geppetto]

https://www.disboards.com/threads/disney-to-sell-their-dvc-unit.3853983/post-63402426

 

[Paul Stupin]

https://www.disboards.com/threads/disney-to-sell-their-dvc-unit.3853983/post-63402426

Personally, it’s hard for me to imagine this ever happening, especially at WDW. And if it was, I think they’d wait until VGF2 and DLT experience some healthy sales, if only to increase the value of their asset. But in 20 years they get all the 2042 resorts back. And does anyone think they’d ever relinquish actual property at WDW? Or Disneyland?
At least it makes some sense for Vero, Hilton, and Aulani. But don‘t the first two expire in 20 years as well? That leaves Aulani. Not sure selling it would make that much of a difference on the bottom line for a multi billion dollar company, or be worth undermining confidence in all of DVC as a result, which very well could affect sales.
On the other hand, if they did sell Aulani, I’d bet they’d somehow sweeten the deal for current Aulani owners, to avoid an avalanche of bad publicity and angry buyers, so it might not be such a bad thing! Anyway, not happening.

 

[StoweFoSho]

I'm noticing an influx of Aulani contracts that are hitting the resale market across ALL brokers. Is anyone else noticing this or is it just me? Is this common for Aulani during this time of year? Dues invoices aren't even out yet.

I think it's sellers seeing the rise in resale prices and then trying to get out. Add in little availability at WDW and the Hawaii restrictions and it's just not as fun to hang on to. But the glut of contracts will bring the prices down to a place where they probably should be as a beach/non-parks DVC resort.