July Direct Sales

[davidl81]

COVID also did a number on RIV sales.

In its first 12 months of sales, RIV averaged 114,400 points per month. After WDW reopened in July 2020, RIV has averaged only 64,200 points per month (August 2020 to July 2021).

CCV averaged 78,300 points per month during its first 12 months. (It averaged 142,400 in its second year of sales.)

PVB averaged 79,400 points per month. (128,800 its second year.)

VGF averaged 108,000 points per month. (95,600 its second year.)

So, at least for the first 12 months, RIV outsold all other recent DVC resorts.

With the resale restrictions, high cost per point, high MF, and high point chart, I was really surprised at how well RIV sold.

This might show that most first-time buyers aren't looking at price as much as the hotel itself. You described RIV as gorgeous. It appears others thought the same.

In addition, I suspect the new Skyliner was a selling point too.

RIV did have one advantage over those other resorts though, RIV was the only new resort being actively promoted during that time. The others on this list were being marketed at the same time other resorts were still actively being marketed for their first year. It’s why you see the jump in year 2 of those resorts, they went to being the only actively promoted resorts.

 

[Nabas]

RIV did have one advantage over those other resorts though, RIV was the only new resort being actively promoted during that time. The others on this list were being marketed at the same time other resorts were still actively being marketed for their first year. It’s why you see the jump in year 2 of those resorts, they went to being the only actively promoted resorts.

I wondered about that and had a look at DVC direct sales since VGF opened in 2013. All of the resorts had some overlap, with the transition from the Poly to CCV being the most pronounced.

 

[dvc lover 1970]

I wondered about that and had a look at DVC direct sales since VGF opened in 2013. All of the resorts had some overlap, with the transition from the Poly to CCV being the most pronounced.

View attachment 598780

Thanks for sharing this. It looks like RIV has struggle the most as a new report, with GF really being the best and selling fast. I thinknwhat might have also been a fast selling push for July would be their increase from 125 to 150 for the blue card. At these prices i cannot see the blue card value going much higher but who knows

 

[Wendysofftoneverland]

I do wonder if It’s still too early to what is causing depressed DVC sales in general for direct, which does include RIV since prior to the pandemic things were good for that resort…points charts and price was similar. But total sales were much stronger as well

I think another few months will give more insight but for sure, when VGF sales start we will have a better idea since that will be priced similar..I think slightly more..and has worse point charts.

Resale market for it is still good and just like the other resorts it’s enjoyed the overall rise in resale prices.

Definitely going to be fun to watch!

Prior to the pandemic, the new member point minimum was 100, so I wonder if that has any impact on direct sales, or if only affects a small portion of potential buyers. We are not current DVC members, but hope to be someday, and that 150 point minimum, along with resale restrictions on Riviera, are the biggest factors keeping us from buying. Had I known on my kid's first trip to Disney back in 2017 how often we would go, I should have bought 75 CCV points when I first started getting emails from DVC.

 

[macman123]

I was one of the RIV FW in July……… Yes it has a high point chart, but I think the demand is there to stay or rent.

the FW means it’s more attractive if I ever sell, I hope…

 

[ValW]

Sorry I used wrong terminology. Regardless there were no points available at SSR for purchase at the time we were there, which was the point of my post, and I'm pretty sure you knew that.

My comment was not meant to be snarky and/or condescending. I was truly trying to provide information that I thought you may have been unaware. Your “I’m pretty sure you knew that” was unnecessary and snide.

Moving on…..

 

[limace]

I wondered about that and had a look at DVC direct sales since VGF opened in 2013. All of the resorts had some overlap, with the transition from the Poly to CCV being the most pronounced.

View attachment 598967

That chart is fascinating-thanks for doing that!

 

[RoseGold]

That chart is interesting because VGF1 is so much smaller than those other resorts. It’s interesting to see it selling at the same pace with a then- crazy chart.

 

[The Jackal]

That graph shows a decent size decline for pre existing resort when the new one goes on sale. Let’s not forget that AUL was on sale for the whole time of this graph too. AUL might sell out a little before the resort expires.