Let's speculate about Polynesian some more!

[Jwaire]

Just throw in the towel and give up on restrictions for Riviera. Enough is enough.

 

[MarkNC2Disney]

I may actually consider selling based on this news. The only unfortunate part is we have two trips in 2024 that use our 2024 points. But I would consider selling it to get more points at a less desirable resort, since I have three boys and we will eventually need 1-2BR and I don’t want to book them at a resort with high point charts.

Idk Jack, I’d use them for SAP, given the 2x transaction costs (buy and sell).

We also have 3 (under 6… June UY for summer breaks), and I just booked BCV 1BR at 7 months no problem with my Poly points. Could’ve chosen BW view BWV, Savannah view at Jambo/Kidani, and several others. I guess you could go SSR or BLT.

Like you, I thoroughly enjoyed our LV studio last week and look forward to that again, even if it’s a bit cramped with 5.

 

[MarkNC2Disney]

Just throw in the towel and give up on restrictions for Riviera. Enough is enough.

This is my other home resort and I’d prefer the restrictions go away too

 

[AnnaKristoff2013]

We bought in at 149 per point last year and received 163 2023 points for free. I view my DVC contract like a stock (but I bought it as an investment in my family). If it goes high enough, it might make sense to sell. But I wouldn’t move forward if it doesn’t make sense considering the transaction costs on both sides. But yeah, I’m coming around to the idea that we may have bought Poly and we’ll use the points to stay elsewhere.

Yeah, I think that’s wise. Keep in mind that when you sell your contract you’re going to pay a 10 percent commission, and when you buy a new contract you’re going to pay closing costs. That adds up quick. Stocks are much more fungible than DVC contracts.

 

[AnnaKristoff2013]

Yeah, I think that’s wise. Keep in mind that when you sell your contract you’re going to pay a 10 percent commission, and when you buy a new contract you’re going to pay closing costs. That adds up quick. Stocks are much more fungible than DVC contracts.

On the other hand, I am debating selling my 60 point poly resale contract and then buying a 150 point poly direct contract when it goes on sale, but that’s only because I’d like to get blue card benefits, and that’s probably a poor financial decision.

I would keep my 300 points worth of SSR though.

 

[Jwaire]

This is my other home resort and I’d prefer the restrictions go away too

At this point, it's just stupid. It harms both Riviera owners and direct sales.

Derek pointed out on DVCFan that he thought they would do this simply because it would save them tons of money in regulatory fees and the annoyance of having to go to secure selling rights in every state.

 

[Doberge]

I think they know what some of us have been saying for years now.. the resale restrictions are causing direct sales to under-perform. They wish they could put that genie back in the bottle, but for now this is the best way for them to side-step the problem.

If this were true then VDH would not have restrictions. And Disney is doing okay with Riviera sales. Faster sales would require declaring rooms sooner, and declared rooms can't as readily be used as cash rooms for Disney to profit from. The Riv points eventually sell, and if it takes a few more years Disney still wins by selling for more per point than they would have selling out sooner (meaning that after price increases points sold in 2027 will be more profitable than same points sold in 2023).

 

[Jwaire]

On the other hand, I am debating selling my 60 point poly resale contract and then buying a 150 point poly direct contract when it goes on sale, but that’s only because I’d like to get blue card benefits, and that’s probably a poor financial decision.

I would keep my 300 points worth of SSR though.

They may get me for another 90 points direct just for PVB. I already own 60 and I may go ahead and dump RIV (even at a loss) and BWV (which I'll cry about but get over).

I own too many points. I'd rather have all my points at one resort, it makes waitlisting much easier and apparently now I'm going to be competing with thousands of a new owners at PVB.

 

[Sandisw]

At this point, it's just stupid. It harms both Riviera owners and direct sales.

Derek pointed out on DVCFan that he thought they would do this simply because it would save them tons of money in regulatory fees and the annoyance of having to go to secure selling rights in every state.

Except they have to get permission to sell Poly tower in every state even if the same.

They had to for VGF last year.

 

[DisneyOutsider]

If this were true then VDH would not have restrictions. And Disney is doing okay with Riviera sales.

Hard disagree... especially on the Riviera portion

 

[CastAStone]

Something else to consider, how will this affect studio availability? If the point charts for the 1BRs and 2BRs are high which we all know they will be, how will this affect the 7 month availability and even the 11 month availability of Poly studios?

That depends how many points are in the tower and how many studios are in the tower, but I would imagine that it will make it meaningfully harder to book at 7 months if the tower is say 50% of the combined points and relatively studio light.

 

[Doberge]

I wish someone from the post-reception followed up and got specific confirmation as I tried over here with the general manager of VDH.

We didn’t have video but her voice sounded surprised by the reaction, like she was saying, “huh, didn’t think stating the same thing would get such a big applause!”…

That may be, and I certainly am not arguing that they are be imprecise on purpose, but did anyone try to get corroboration from execs during the reception?

Again, the GM of VDH was enthusiastically affirmative when I first asked him, “so being part of the same resort means the same association?” He instantly said yes, and nodded. Thats when I clarified my question by asking, “will a current owner of Poly be able to book “the new Poly tower” at 11mo?” He had a blank look like he wasn’t sure what I was asking him. I elaborated some more and then he emphatically said, “oh no! My personal opinion is that it will be a separate association!” “You are talking about member priveleges and the 7-11mo window!”…“A person can buy/own two houses next to each other”. Then he continued and elaborated that the facilities and infrastructure being put it makes him certain that it will be a separate association. He ended by telling me an analogy of one person can own two separate houses…

So….all that to say, it may be that Poly2 ends up being in the same association as Poly1, but, in the absence of other reports from the meeting in orlando, of members getting confirmation from other execs…i think it is premature to conclude resale restrictions are dead and that there will be the same association for Poly2. Thats just what I think. Tell me what you think of my interaction with the GM of VDH!

I think a VDH GM would understand how DVC works because it's important to the job, but I doubt or inside knowledge how Disney would sell DVC because that is not important to his job. It sounds like he was pretty clear about stating opinions. The whole infrastructure and facilities thing means squat, and that's where I started discounting his takes. I think it's neat that you had the conversation and I'm thankful that you shared it.

 

[AnnaKristoff2013]

That depends how many points are in the tower and how many studios are in the tower, but I would imagine that it will make it meaningfully harder to book at 7 months if the tower is say 50% of the combined points and relatively studio light.

Aren’t there 360 studios plus the bungalows now? I can’t imagine this new Tower is going to be anywhere near 50 percent of the combined points. Poly is the easiest place to book studios at 7 months now excepting SSR & OKW. It may get a little harder, but I don’t know that I’m overly concerned given that the new tower also has deluxe studios (and duo studios).

 

[bbeagle]

I may actually consider selling based on this news. The only unfortunate part is we have two trips in 2024 that use our 2024 points. But I would consider selling it to get more points at a less desirable resort, since I have three boys and we will eventually need 1-2BR and I don’t want to book them at a resort with high point charts.

Good thing is that Poly resale is now worth a lot more.

if there was a Poly 2, and it had the restrictions like Riviera, I would not buy it. The resale of this new Poly 2 would be horrible. This is great for current owners of poly.

 

[intamin]

Aren’t there 360 studios plus the bungalows now? I can’t imagine this new Tower is going to be anywhere near 50 percent of the combined points. Poly is the easiest place to book studios at 7 months now excepting SSR & OKW. It may get a little harder, but I don’t know that I’m overly concerned given that the new tower also has deluxe studios (and duo studios).

I don’t know, 1BR, 2BR and 3BR points add up fast. Even if it is against some of the most expensive studios on property.

 

[Jack Kerouac]

Idk Jack, I’d use them for SAP, given the 2x transaction costs (buy and sell).

We also have 3 (under 6… June UY for summer breaks), and I just booked BCV 1BR at 7 months no problem with my Poly points. Could’ve chosen BW view BWV, Savannah view at Jambo/Kidani, and several others. I guess you could go SSR or BLT.

Like you, I thoroughly enjoyed our LV studio last week and look forward to that again, even if it’s a bit cramped with 5.

We booked SSR for February and BRV and PVB LV for May/June. BCV and BWV are next on my list. Glad to hear those are options at 7 months.

My guess is the prices won’t go high enough to get to making sense to sell and buy another contract. But I’ll at least take a look. While I love the Poly and its LV, our seven nights in August made me realize we will need a 1BR sooner than I thought.

 

[MarkNC2Disney]

While I love the Poly and its LV, our seven nights in August made me realize we will need a 1BR sooner than I thought.

Yup I hear ya. Doors are a good thing
I was contemplating selling before our most recent stay too, but we’ll either sleep around or stay every few years in a larger villa or just book LV for my wife and I. We currently leverage Riv mostly for the latter and that works great.

 

[Jack Kerouac]

I’m curious if the LV studios will become a lot more difficult to book just because they aren’t that much more in points (relatively) compared to SV studios, and then compare that to what will likely be a very high point cost to book a TPV in the tower. Any chance they change the name of the first floor LV of Moorea to something like Bungalow View or Palm Tree Blocks Your View View?

 

[Jack Kerouac]

Yup I hear ya. Doors are a good thing
I was contemplating selling before our most recent stay too, but we’ll either sleep around or stay every few years in a larger villa or just book LV for my wife and I. We currently leverage Riv mostly for the latter and that works great.

I envy you. My wife and I would love to have a stay without the kiddos. That’s probably 10 years away for us. Maybe a bit less considering our youngest is the sweetest of our three, so we may be able to find someone who wants to spend some time with him while we visit the World.

 

[davidhr]

To me, the fact that they are adding it gives makes me wonder if resale restections might be going away. My guess is most RIv and VDH owners don’t care abut whether others have them or not. I certainly don’t.

But, I think having three main resorts (forget AUL )selling with them…assuming CFW gets them….and one without makes the idea worthless and IMO, DVD loose credibility that this is a strategy for them.

Maybe the slower VDH sales are finally enough to make them reconsider them.

I personally don't care if others have or don't have restrictions. I cared that I had restrictions and that's why I decided to buy direct after my first resale contract.

I'd personally be happy if they decide to remove restrictions now that I have the direct benefits locked in, as that means I can get any new contract from the resale market. If they keep restrictions, I'd only add-on direct.