Kingdom Tower DVC at the Contemporary (Orlando Sentinel 2/26/08)

[tjkraz]

Remember, Disney sometimes changes the names of things. This could happen.

Remember:

Dixie Landing = Riverside
Count down to extinction = Dinosaur
Pop Culture = Pop Century
Yacht Club Galley = Captian's Grill
And probably more that others will remember.

And let's not forget:

Disney Vacation Club = Old Key West



I haven't read a fraction of the posts here but I kinda like the Kingdom Tower name.

 

[DisneyBride'03]

When I first read "Kingdom TOwer"...my immediate thought was...Magic Kingdom...(You can see the Kingdom from the Tower)..DH says he would add on at AKV first. (Hey, I am just happy he said those words!! lol)

 

[La2kw]

Remember, Disney sometimes changes the names of things. This could happen.

Remember:

Dixie Landing = Riverside
Count down to extinction = Dinosaur
Pop Culture = Pop Century
Yacht Club Galley = Captian's Grill
And probably more that others will remember.

So, since it hasn't even been officially announced, the name could certainly change before it does!

Don't forget:
Disney-MGM Studios = Disney's Hollywood Studios
King Stefan's Banquet Hall = Cinderella's Royal Table
Safari Village = Discovery Island
The Living Seas = The Seas with Nemo and Friends

Also at Disneyland:
Disneyland Pacific Hotel = Disney's Paradise Pier Hotel
Bountiful Valley Farm = A Bug's Land

I'm sure there's more.
I agree that this name could easily change. I don't like "Kingdom Tower" either.

 

[Wilson.dvc]

So the next questions are:
1. Price Per Point
2. Dues start
3. Buy in min.
4. If any closing costs.
5. How mant pts. will a MK view room be.


What else?????
You guys care to make some predictions?

Here is a link to the Towers' estimated operating budget for Jan 1 2009 to December 31 2009:

http://www.dvcnews.com/PDFs/KingdomTower/CR_2009Budget.pdf

The last section estimates the dues for 2009 to be $3.6709

DVCnews.com has a new post with most of the public record documents

 

[tomandrobin]

$3.67 per point, great......I'll take 200!

 

[Happy Birthday Cat]

$3.67 per point

Lower than I thought it would be. Especially considering the monorail. I'm pleasantly surprised.

HBC

 

[TDC Nala]

I have an idea! Let's make it a villain themed DVC resort and name it "De Vil Towers" .

Nah, let's call it "Cruella De Villas"

 

[tjkraz]

$3.67 per point, great......I'll take 200!

That's a function of the higher points charts.

The dollars in the budget appear to be based upon having approximately 1,530,000 points in circulation for 2009. That figure would be driven by the as-yet-unreleased points charts.

For a moment let's assume that the points were actually 20% LOWER across the board. Instead of there being 1.5 million points each paying dues, there would only be 1,224,000 million points.

Apply that new total to the same budgets for Operations, Reserves and property taxes and the dues go up to $4.79 per point--which is about what we would expect to see.

The dues may cost less, but since it will require more points per night to stay there, the net OOP per night is about the same from the dues perspective. The buy-in will still be higher since you'll need more points for a ___ night stay compared to other resorts.

Here's an interesting perspective: The real DVC bargain will be buying KTV points and using them elsewhere. Imagine paying $3.67 per point in dues and booking at BCV or BWV.

By comparison, owners at the high dues properties (Vero, BCV, BWV) will pay a real premium to stay at KTV. Some will pay more than $2 per point in added dues compared to KTV owners.

 

[TisBit]

One of the first two resorts, correct? The Poly was there when it opened also. I stayed at Poly twice as a kid, the first time was over the first July 4th the MK was open.

I don't have any desire to own at KTR but I would stay there. Anyone care to speculate what the dues will be?

Your right, I thought I had read somewhere that the Poly opened just a little later, but after looking on wikipedia (what a source) I heard or remembered wrong!

 

[gmboy95]

Kingdom in a name is offensive because of its christian roots?

Dear god get me out of my country now because i live in the UNITED KINGDOM!!! I must be a christian???

I don't get this argument.

How about we call it "really cool place with a monorail so I can go on a bar crawl" Towers

 

[rayasmom]

Exactly. Unless maybe the people doing the naming ARE JH's and really WERE thinking of Kingdom Hall!

(although I think it is pretty silly for EVERY worship space for JH's to have the same name everywhere- they are ALL just called "Kingdom Hall.")

Sorta like EVERY other worship spaces for other demonimations are just called "CHURCH"

Silly rabbit.

 

[macosx]

Here's an interesting perspective: The real DVC bargain will be buying KTV points and using them elsewhere. Imagine paying $3.67 per point in dues and booking at BCV or BWV.

Goes along with the conspiracy that Disney will own all the points and benefit from the lower cost maintanance when trading KTV for other resorts with higher maintance fees.

 

[BroganMc]

Goes along with the conspiracy that Disney will own all the points and benefit from the lower cost maintanance when trading KTV for other resorts with higher maintance fees.

Hasn't that theory been debunked already?

 

[RichieGraciemom]

I am so excited it is my all time favorite resort and my children always ask" why cant they be in the time share?" now we can answer them that it is( or soon will be) does anyone know if there will be studios?

 

[Inkmahm]

Sorta like EVERY other worship spaces for other demonimations are just called "CHURCH"

Silly rabbit.

Really? You mean you don't have St. John's, St. Peter's, Christ the King, Our Savior, etc. NAMED churches in your area? All churches just have signs out front that say "CHURCH" and that's it? I doubt it. That IS the case with Kingdom Hall though. They ALL have signs that say nothing except Kingdom Hall. All of them, the same name. Kingdom Hall.

Silly rabbit yourself.

 

[Wilson.dvc]

does anyone know if there will be studios?

The Maximum Reallocation Point Chart that was filed with the othe public documents list studios as one of the available unit types.

Here is the document from the DVCnews.com post:

http://www.dvcnews.com/PDFs/KingdomTower/CR_BVTC.pdf

The Point Chart is on page 15 of 69 of the PDF document.

 

[tomandrobin]

The dues may cost less, but since it will require more points per night to stay there, the net OOP per night is about the same from the dues perspective. The buy-in will still be higher since you'll need more points for a ___ night stay compared to other resorts.

Here's an interesting perspective: The real DVC bargain will be buying KTV points and using them elsewhere. Imagine paying $3.67 per point in dues and booking at BCV or BWV.

I had realized that, but didn't post it. Sometimes its too much information and just gets swept under the rug. But, you are right about being a bargain at the 7 month window staying at BWV, maintenance fee wise that is.

Thanks Tim for all that extra work you put in for DVC members!

 

[keishashadow]

RL has kept me from speculating on the CRV, very interesting

Wilson.dvc - thanx for the link

while i appreciate "The Shining" vibe on the WLV hallways ; i don't care for the name "Kingdom Tower" as to CRV building

starting to think Stephen King is a secret imagineer ; anyone familiar with the "Dark Tower" series?

the Dark Tower, a fabled building said to either be, or be located at, the nexus of all universes.

The hero's world is said to have "moved on," and indeed it appears to be coming apart at the seams — mighty nations are being torn apart by war, entire cities and regions vanish from the face of the earth without a trace, time does not flow in an orderly fashion; even the sun sometimes rises in the north and sets in the east.

 

[BWV Dreamin]

That's a function of the higher points charts.

The dollars in the budget appear to be based upon having approximately 1,530,000 points in circulation for 2009. That figure would be driven by the as-yet-unreleased points charts.

For a moment let's assume that the points were actually 20% LOWER across the board. Instead of there being 1.5 million points each paying dues, there would only be 1,224,000 million points.

Apply that new total to the same budgets for Operations, Reserves and property taxes and the dues go up to $4.79 per point--which is about what we would expect to see.

The dues may cost less, but since it will require more points per night to stay there, the net OOP per night is about the same from the dues perspective. The buy-in will still be higher since you'll need more points for a ___ night stay compared to other resorts.

Here's an interesting perspective: The real DVC bargain will be buying KTV points and using them elsewhere. Imagine paying $3.67 per point in dues and booking at BCV or BWV.

By comparison, owners at the high dues properties (Vero, BCV, BWV) will pay a real premium to stay at KTV. Some will pay more than $2 per point in added dues compared to KTV owners.

Well Tim, how do you know that those points won't go up in the future? Don't they always start off low until the resort sells out? We still don't know what AKV real dues will be. Is there something in the budget that shows the dues will remain low?

 

[BWV Dreamin]

I had realized that, but didn't post it. Sometimes its too much information and just gets swept under the rug. But, you are right about being a bargain at the 7 month window staying at BWV, maintenance fee wise that is.

Thanks Tim for all that extra work you put in for DVC members!

A bargain is all relative....if you can't get in at 7 mos., then your not saving anything.