Kingdom Tower is FINALLY (almost) a reality..please help!

[louisianatigger]

They won't have to offer any incentives, but an advance buy in to DVC members would be a nice perk that should be offered; they don't lose anything.


I'd still rather POLY.

Hope thats true for DVC MEMBERS. I'm on the out side looking in as I am noe a member yet. have been kicking this around for two years. DW says go ahead with the announcement of KT. She always said if there was DVC on the monorail thats the one she would join. So alittle while longer for my soon to be Fellow DVC owners to take first shot at KT is fine with me. Just save me enough point for 1 bedroom MKV.!!!!

 

[tjkraz]

296 unites at KT. How many points will they have to sell and how will that compare to other resorts?

Unit-wise it's a little smaller than the BoardWalk. However the volume of points they have to sell will depend upon the points chart. Based upon information we already have, most villa sizes at KT will average higher annual points DVC properties.

On other site post #75 "DEEP CROAKER" SAY'S HE FEELS THE ANNOUNCEMENT DATE WILL BE THE SALES START DATE, OR WITHIN TWO WEEKS OF JULY 1st. Let me say I give all credit for this information to" DEEP CROAKER " PRETTY GOOD STUFF !!!!!!!

Well, we all know it's coming. This particular "source" has been right on some occasions and wrong on others. When it comes to decisions that would be made at very high corporate levels, I wouldn't put too much value in the rumor mill...particularly without corroboration from multiple sources.

And if it isn't July, I will be August or September or....sometime soon, regardless.

 

[Pirate at Heart]

Could someone tell me what the "other site" is?

I would like to compare information.

Thnkx

 

[louisianatigger]

DC also said "KT models at SSR have been signed off on, no more changes from imangineering are expected, they are in there final form. So my question is can they build models by JULY 1st, or are they already there and just doing a few changes here and there? ANYONE?

 

[dvc at last !]

thanks

 

[podsnel]

Is Deep Croaker our Deep Throat of DVC??!!!

 

[salmoneous]

296 unites at KT. How many points will they have to sell and how will that compare to other resorts?

Here's one way to look at it. From public filings, we know Disney plans to sell 1.5 million points in 75 units for 2009. That gives us about 6 million points for the full 296 units. In 2007, Disney sold about 3.5 million points.

 

[louisianatigger]

Here's one way to look at it. From public filings, we know Disney plans to sell 1.5 million points in 75 units for 2009. That gives us about 6 million points for the full 296 units. In 2007, Disney sold about 3.5 million points.

Might be a good idea to wait for phase II, If they don't offer incentive see how points are selling. Might luck up on some type of incentive once the BIG RUSH is over !!! Thats if they don't offer one right away.

 

[dianeschlicht]

Ok, so it's been 2 years of speculating, hoping and wondering if Kingdom Tower was really going to happen...FINALLY...my ULTIMATE Disney Dream is going to come true. So here's my question.

We are planning on buying 2 150 point contracts right off the bat (1 for each son to inherit). How much do we need to have ready when the "Official" announcement is made? Are we going to have to pay 2 closing costs? If I remember correctly, isn't it like 10% down for Disney financing?

I know many will discourage financing this purchase, but it is the only way we can get the amount of points we want. I honestly don't think adding on "down the road" is going to happen; so I want to get it out of the box.

We have been saving for awhile now, and I'm estimating we will need around $4,000 "ish"...you think this is a close estimate?

I can't believe it's FINALLY happening..I am just totally and completely BEYOND happy!!! This is TRULY my ultimate Disney Dream, and it's going to be mine..somebody pinch me..am I dreaming?? Thanks for the advice!

Better change those to two 160 point contracts, because that is the minimum now. No 150 point contracts available direct from Disney anymore.

 

[ebenmax]

Also claims to have seen documents on DVC for POLY and GF.

Now these are the two we are waiting for!! Here's hoping this is a TRUE rumor!!

 

[thelionqueen]

OK, so I'm saving $5k just to be safe! I'm not planning on any type of incentive from Disney on KT and I am estimating that points will be around $125.

I am a cast member, and I'm not waiting for any type of CM incentive or public incentive either. The second (and I do mean second people ) it is announced, Disney will have my money and I will be on my way to owning the one true thing I've always wanted.

I feel like a kid at Christmas, knowing I'm going to get the best most expensive present I've ever gotten. Except of course, I have to pay for it..but oh well

Thanks for the great replies! Hey Mississippian...IT'S FINALLY COMING!!!

 

[CarolA]

Well at least this time I just get to sit back and watch. I played for AKV. LOL!

 

[ZekeKelso]

Who knows what will happen. But I have a hard time picturing Disney getting $125/point when resale SSR points go for around $80. And you better believe that if folks do pay $125/point, they are going to use those points at CRV in the 11-month window.

My guess is Disney will come out of the gate asking for closer to $110/point. And even then I see them having trouble selling out without rebates and incentives off that price. But they might get it the first few waves of pre-buys.

We'll see what happens. But if I wanted in and this wasn't a life-long dream, I'd wait for the better deal down the line. Then again, maybe there are enough folks for whom this is a life-long dream that there won't be better deals.

 

[Off-The-Deep-End]

DC also said "KT models at SSR have been signed off on, no more changes from imangineering are expected, they are in there final form. So my question is can they build models by JULY 1st, or are they already there and just doing a few changes here and there? ANYONE?

The models have been there for sometime, and now they are finalized, so if the doors weren't locked at the SSR sales center you could see them now, as others accidentally did before, as reported in the past here on the DIS. I can't find the threads to link to, sorry.

 

[Troop o' Goofs]

Who knows what will happen. But I have a hard time picturing Disney getting $125/point when resale SSR points go for around $80. And you better believe that if folks do pay $125/point, they are going to use those points at CRV in the 11-month window.

My guess is Disney will come out of the gate asking for closer to $110/point. And even then I see them having trouble selling out without rebates and incentives off that price. But they might get it the first few waves of pre-buys.

We'll see what happens. But if I wanted in and this wasn't a life-long dream, I'd wait for the better deal down the line. Then again, maybe there are enough folks for whom this is a life-long dream that there won't be better deals.

I think the reason SSR is at $80/pt is because of it's location. CR, being so close to MK and monorail access will demand higher $/pt. Just my opinion though.

 

[DisFlan]

Looks like we'll be sticking with BWV - which we love. We may go to KT for a visit or a night here and there. KT looks nice and all, but one of the reasons we liked and joined DVC was to get away from the ubiquitous "high rise" timeshare resort. None of the DVCs, until now, were more than a few stories. KT has a great location, but basically, it's a high rise resort.

And to be honest, I understand the space constraints, but I still don't understand why they chose a "round/U-shaped" tower - ignoring the iconic shape of the Contemporary right next to it. It seems like they could have come up with something that would have complemented the Contemporary a little more.


DisFlan

 

[byoung]

Want enought points for a weeks stay.

 

[thelionqueen]

Another couple cents from me on previous posts; again, just my opinion.

SSR resale is going around $80 a point, and some OKW contracts are even cheaper than that. SSR (which I think is an AMAZING resort btw) is HUGE and has a lot of points. It's location (which I also LOVE) is not as appealing to some buyers as other locations. You may also notice that BCV points are going for upwards of $92+ per point. My point? KTR is going to be highly sought after for many reasons. Primarily of it's location and being the only DVC with monorail access. That said, I am only estimating $125 per point so that I can be ready for whatever the cost is; I am estimating high for this reason. I am also anticipating around $110 per point.

As far as the design; I think it's very well thought out and a great architectural layout. My personal liking of it's layout is that many of the rooms will have some sort of a decent view. If it were more of a "two-sided" building, the majority of guests would probably want the side facing MK (although I personally prefer the bay view). Also, there is not a whole heck of a lot of room on that side of CR, so have a semi-circular design seems like the best possible decision for view and space restraints.

I also think that getting into KT at the 7 month window will be extremely hard. Look at BCV now. There is always the lucky few who can get in seemingly almost whenever they travel, but, in general, I think planning on using other resorts points at KT will be hard to get. Think of all the resorts currently, and forthcoming (GCV & Hawaii) and others not even announced yet. I think (again, just my opinion people) counting on getting into KT at the 7 month window will be a crap shoot at best. I believe this about GCV as well.

Anyway, just my thoughts. Thanks for the thoughtful insight and replies, you all ROCK!!

 

[tjkraz]

I also think that getting into KT at the 11 month window will be extremely hard. Look at BCV now. There is always the lucky few who can get in seemingly almost whenever they travel, but, in general, I think planning on using other resorts points at KT will be hard to get. Think of all the resorts currently, and forthcoming (GCV & Hawaii) and others not even announced yet. I think (again, just my opinion people) counting on getting into KT at the 11 month window will be a crap shoot at best. I believe this about GCV as well.

Only owners at a resort have access at 11 months. Given that limited audience, it won't be terribly hard for owners to get in most times of the year. Certainly December will be hard (as it is everywhere), and there will be a smattering of other sought-after dates. But given the inability to oversell a resort, it's pretty much impossible for 11-month reservations to be difficult year-round.

At 7 months, it's a different story. But not too much different than the story we've heard before.

There WILL be availability at 7 months--there's no question of that. As is the case at all other resorts, owners of KTV will not be consistently booking at their Home resort more than 8 months out year-round.

Some won't book all of their points that early. Some will book other resorts. Some will bank points. Some will allow points to expire unused.

So there will be rooms available at 7 months. But a likely high demand for KTV among non-owners means that those rooms will be booked quickly by non-owners.

The byproduct of a resort with high demand is that it will reduce demand elsewhere. Most seem to be arguing that all of the resorts currently under development (Contemporary, Grand Californian, AKV Kidani and even Hawaii) will be highly sought-after by members. If that's true, it should lighten the load on other resorts like the BoardWalk and Beach Club.

 

[FLYNZ4]

The byproduct of a resort with high demand is that it will reduce demand elsewhere. Most seem to be arguing that all of the resorts currently under development (Contemporary, Grand Californian, AKV Kidani and even Hawaii) will be highly sought-after by members. If that's true, it should lighten the load on other resorts like the BoardWalk and Beach Club.

I believe that is true.

My initial thoughts are that the WDW resorts will drive different availability changes than the GC/Hawaii resorts.

New WDW resorts: I think that AKL and Contemporary will make it somewhat easier to find properties in various resorts at the 7 month mark. Both are considered highly desireable... so I think there will be more people booking different places at the 7 month mark... which in turn means that there will be a higher level of inventory turns at 7 months... which in turn results in more resort exchanges possible at 7 months. Hence... more competition and more availability at 7 months... which should work to the advantage of those WDW DVC members who are aggressively booking other WDW DVC locations.

Non-WDW resorts: I think that GC... and especially Hawaii will make it easier for people to get home resort reservations close to the 11 month mark. I think as people choose to use their points away from WDW (ex: at Hawaii)... those points will of course not be used on WDW... which should open up some availability at the 11 month mark. At the 7 month mark... the people who own Hawaii will be competing for WDW resorts... so that will balance out the people competing for Hawaii.

Bottom line: I think the non-WDW properties will drive points away from WDW during the 11-7 month window. By contrast... the new WDW properties will drive more "inside of WDW" exchanges within the 7 month window. Hence... the affect on WDW DVC availability will be different.

/Jim