Just told by member services..........

[Chuck S]

But this already occurs for "Breakage" rooms. No?

My understanding is that at the 30 day mark (or is it 60 now?), DVC turns over unbooked rooms to CRO for cash reservations. These rooms still remain availbe for members to book on points however and DVC takes them back from CRO when that occurs.

So if "Bouncing" occurs for "Breakage Rooms", What about "Traded Rooms"?

Breakage is a very small percentage of the overall rooms available to cash guests. It would have to clear any waitlists, etc. before going to cash in the first place. And it doesn't bounce from DVC to cash to DVC to cash again, breakage simply goes into shared inventory, available to both. Breakage rooms are "unreserved" rooms, not rooms reserved via a cash equivalent trade. In other words, they aren't reserved "twice" on points, as a traded room would be if it came back into DVC inventory.

 

[Garthilk]

Garthilk, not singling you out, but since a number of people have mentioned exchanges and it still seems confusing, I'll try to explain.

Let's say that I decide to use my DVC points to stay at The Fairmont in San Francisco, through the Concierge Collection. I call up Member Services and they make a reservation for me. Cool.

Now, the Fairmont is going to be expecting payment for my stay. As part of DVC's Concierge Collection, they negotiate with DVC every year to determine what compensation, in cash, they get when a member exchanges at their hotel. DVC assigns a point value to that.

How will DVC get the cash to pay for my reservation at the Fairmont? They'll take a villa of roughly equivalent cost, and send it over to CRO to be rented out for cash. That villa is now gone from the DVC inventory.

Lets take your example a step further. The room is now in CRO inventory. CRO is unable to rent it out for cash. And the room goes unused for a night.

In our scenario an empty room is revenue loss.

It's not in their best interest to take it off the market early....they might as well leave it available right up until the last minute because they need to make money from it.

I agree, it's not in their best interest to take it off the market early, I agree that they need to make money from it. But I think we both agree, an empty room is a lost revenue potential. There has to be a way for this lost potential to benefit members and DVC in some way.

 

[rlovew]

Lets take your example a step further. The room is now in CRO inventory. CRO is unable to rent it out for cash. And the room goes unused for a night.

In our scenario an empty room is revenue loss.



I agree, it's not in their best interest to take it off the market early, I agree that they need to make money from it. But I think we both agree, an empty room is a lost revenue potential. There has to be a way for this lost potential to benefit members and DVC in some way.

And the possibility of lost revenue is why DVC will rent it to members for cash- because renting it for points is the same lost money- the room had already been booked on points once. You can sometimes get a member cash discount- this would be where some of those rooms come from as well as the CRO rooms for cash- sometimes they rent for cash at the last minute- we had a few times I called in the morning to get a room for the evening using cash (before we were DVC).

 

[nunzia]

There is no availability for any kind of room at any DVC resort for a DVC member on Thursday Oct 28th. There are rooms available to the general public but not to DVC members.

I'm ambivalent - not sure how I should feel, disappointed, disgusted or sad. DVC has let me down once again.

We have put ours up for sale, waiting for best offer.

I checked out this thread again since I couldn't believe it was still active since the whole scenario was a member calling too late to get a reservation and maybe not understanding how DVC works. As many many have said, cash rooms can't just be higgeldy piggeldy put back into inventory for points. Folks trade out, say for a cruise, and then there is some sort of system between divisions how that is paid for, and turning those rooms into cash rooms is how the whole thing is managed, as far as I know. Why would you think non points rooms could be converted to points rooms for you? I don't see how Disney has let you down. Listing your SSR points is probably the best thing, since I don't think you're really a good fit for DVC. Really, I didn't read that whole huge packet word by word either, but I did do plenty of research, and I guess if I was OP and ran across this I'd be more likely to realize I didn't understand the system and read up on it rather then just feel Disney did me wrong and sell.
After reading the whole thread, I have a question for the experts. I have 2 reservations at VGC for Oct. 19. My second son decides in August (I was at the Expo actually when I had to do this) he'd like to go join us all in Oct. and if possible have me find him something on my points (which I offered to do, so no pushing there). Naturally there were no DVC rooms at VGC that close to trip days. There really never are DVC rooms for cash at VGC..none nada zip..not even 1 or 2 BR. So I ask about DLH on points..all that is available for points is Premium View (of course). I book it. OK..I have booked outside the DVC inventory to stay in a non DVC room..what can DVC do to get paid to pay DLH since there is no DVC inventory to rent out as cash? This has me a little confused...

 

[dzorn]

I checked out this thread again since I couldn't believe it was still active since the whole scenario was a member calling too late to get a reservation and maybe not understanding how DVC works. As many many have said, cash rooms can't just be higgeldy piggeldy put back into inventory for points. Folks trade out, say for a cruise, and then there is some sort of system between divisions how that is paid for, and turning those rooms into cash rooms is how the whole thing is managed, as far as I know. Why would you think non points rooms could be converted to points rooms for you? I don't see how Disney has let you down. Listing your SSR points is probably the best thing, since I don't think you're really a good fit for DVC. Really, I didn't read that whole huge packet word by word either, but I did do plenty of research, and I guess if I was OP and ran across this I'd be more likely to realize I didn't understand the system and read up on it rather then just feel Disney did me wrong and sell.
After reading the whole thread, I have a question for the experts. I have 2 reservations at VGC for Oct. 19. My second son decides in August (I was at the Expo actually when I had to do this) he'd like to go join us all in Oct. and if possible have me find him something on my points (which I offered to do, so no pushing there). Naturally there were no DVC rooms at VGC that close to trip days. There really never are DVC rooms for cash at VGC..none nada zip..not even 1 or 2 BR. So I ask about DLH on points..all that is available for points is Premium View (of course). I book it. OK..I have booked outside the DVC inventory to stay in a non DVC room..what can DVC do to get paid to pay DLH since there is no DVC inventory to rent out as cash? This has me a little confused...

I may be wrong in this assumption but they would give a room to CRO even if it is at WDW.

Denise in MI

 

[vacationclub]

In our scenario an empty room is revenue loss.

Yes, and it's just as much a loss as giving it to a points member without any cash in return, except in that case you're putting labor into a room/night you didn't even get paid for, as well as setting a precedent for the future that may translate into giving rooms to people that they might otherwise book for cash at another time.

I agree, it's not in their best interest to take it off the market early, I agree that they need to make money from it. But I think we both agree, an empty room is a lost revenue potential. There has to be a way for this lost potential to benefit members and DVC in some way.

Yes, an empty room is lost revenue. The worst case scenario for Disney (and any hotel on planet earth) is that they have a room sitting completely empty on any given night. But, the only thing that benefits DVC at that point is cold hard cash. That's why they can still offer it to DVC members for cash if they want to pay it (like the OP), but even if they hold out to the very end, and the market doesn't produce any people that will pay cash for this room, they are STILL better off just letting it sit there than to literally give it away to a DVC member. The same goes for any hotel....say, Courtyard. They aren't going to put up a sign at 11pm that says "we still have vacancies for tonight: Free Rooms." Why would they do that? They may discount them, but they certainly aren't' going to tell the market that they give away rooms if you show up late

So I ask about DLH on points..all that is available for points is Premium View (of course). I book it. OK..I have booked outside the DVC inventory to stay in a non DVC room..what can DVC do to get paid to pay DLH since there is no DVC inventory to rent out as cash? This has me a little confused...

They probably give a room to CRO and then those folks sell that future inventory for cash. In the end, it's a wash. They probably do the same when a DVC room gets released into a cash inventory. In return, DVC gets some non-DVC inventory that they can book with member points in the future (like the room you got at DLH).

 

[CarolMN]

...(snip).......After reading the whole thread, I have a question for the experts. I have 2 reservations at VGC for Oct. 19. My second son decides in August (I was at the Expo actually when I had to do this) he'd like to go join us all in Oct. and if possible have me find him something on my points (which I offered to do, so no pushing there). Naturally there were no DVC rooms at VGC that close to trip days. There really never are DVC rooms for cash at VGC..none nada zip..not even 1 or 2 BR. So I ask about DLH on points..all that is available for points is Premium View (of course). I book it. OK..I have booked outside the DVC inventory to stay in a non DVC room..what can DVC do to get paid to pay DLH since there is no DVC inventory to rent out as cash? This has me a little confused...

There is unreserved points inventory available somewhere for dates in the future. DVC does not have to take inventory from the trader's home resort or for the exact dates that the trader booked at the non-DVC option. No one outside of DVC really knows how they decide what to send to CRO.

Keep in mind that DVC builds some amount of "cushion" into the cost of the non-DVC options. That helps to account for the times that CRO may not be able to rent the rooms and the times CRO has to discount the rooms to get them rented. That's one of the reasons why the non-DVC options are so expensive to book for points. (Another reasons is that CRO gets some percentage of the proceeds to do the renting).

 

[Dean]

(Another reasons is that CRO gets some percentage of the proceeds to do the renting).

My info suggest 50%.

 

[nunzia]

There is unreserved points inventory available somewhere for dates in the future. DVC does not have to take inventory from the trader's home resort or for the exact dates that the trader booked at the non-DVC option. No one outside of DVC really knows how they decide what to send to CRO.

Keep in mind that DVC builds some amount of "cushion" into the cost of the non-DVC options. That helps to account for the times that CRO may not be able to rent the rooms and the times CRO has to discount the rooms to get them rented. That's one of the reasons why the non-DVC options are so expensive to book for points. (Another reasons is that CRO gets some percentage of the proceeds to do the renting).

Makes sense...the DLH points were HORRIFICALLY high and if I wasn't at the Expo on the Sorcerer package I may have just paid cash...

 

[PEANUT1]

Makes perfect sense to me why you could get a cash room but not a room on points. Not sure what people are not understanding.

As far as crowds go, I think that this month is busy for DVC because of food and wine but I don't think the parks will be crazy crowded...at least I hope because I leave next Friday