Posted this in the other thread before I saw this longer one...
VERY interesting! I wonder if this will in any way play into the "tiered" system. That would be a plum DVC location, if in fact it is part of DVC. Since no contracts have been sold yet, DVD can set whatever rules they want. I could see this being a "restricted trade" location. One possibility might be to restrict booking to only owners for that resort for the 7-11 month window, and booking for owners of other resorts assigned to a tiered system based on the number of direct-purchase points after the 7-month mark. With a clean slate, I suppose DVD could even set this resort up for booking only by owners at that resort, and then allow trades through a separate DVD-managed program similar to the current Disney Collection booking opportunities.
Anyone have thoughts on this?
Evey
I think you could be on to something. They would probably have to restrict the booking somehow, b/c if you think about it, they would charge a fortune for the points and it would take YEARS to sell out, if ever. At 7 months they'd be filling half the rooms with people buying cheap resale points, and getting the equivolent of $120 a night for the rooms. Since the regular Garden View rooms regularly rent for $500+ a night, they won't allow this to happen. So, bookings will be restriced to GFV owners first, then some sort of tier, as in 400-500+ point holders (bought pre-3/20 or direct), then maybe a handful of rooms to whoever at say, 4 months, but nothing would even be available at this point.
I don't think the size of the building means anything. People are assuming that 6-7 stories implies this has to be DVC; I think GF would be happy selling more cash reservations, and growing their wedding or conference business. This is a HUGE cash cow for them.
The reality is, this would be a huge project that wouldn't garner much return for years. Of course they would pre-sell the points, but in this economy would they sell a lot of memberships at $150+ pp, with the buy in being something absurd b/c of the amount of points that will be needed for a room?
I think they might have a multi-use building, expand their wedding facility, etc..., and have a limited DVC "premiere collection", smaller than even BCV, b/c they have to know (especially based on BLT) that it would take YEARS to sell out at the prices they'd want to charge. Or, maybe even more likely, they would have a different arrangement than at other DVC properties, wherein they build villas for membership, but maintain a higher number for cash reservations. I know a lot of people who spend big bucks at GF, with families. One friend spends a fortune, rents suites, I told him about DVC a few months ago and he said, "Why wouldn't they have rooms like that at the GF?"
Back to your original point, they would have to tier things in a way where 150 point resale buyers will not be getting rooms, save for rare instances. This will be for direct buyers, and high, high point holders (non-post 3-20 resale).