May 2022 Direct Sales drop

[Sandisw]

https://dvcnews.com/dvc-program/fin...acation-club-direct-sales-slowing-in-may-2022

Still strong overall for DVD but given this was the first month where VGF and RIV went head to head with the same pool of buyers, DVD may finally have some info to see how the resorts do in the same market.

RIV dropped quite a bit and I’d have to say DVD had to be disappointed in that result since VGF performed so well

I think this data has to be sign that DVD can’t ignore in terms of possibly reversing restrictions?

 

[Azndjdude]

Interesting data. Makes sense why AKV is being bought at great lengths.

 

[Azndjdude]

Between the average ROFR of CCV and this report, this does not bode well for my contract in ROFR for CCV.

 

[macman123]

I love RIV and would buy more points if they didnt have restrictions.....

 

[Royal Consort]

Looks like recession spending behaviour may be kicking in. With numbers like these and an abundance on the resale market, DVC is going through a choppy period.

 

[Royal Consort]

I think this data has to be sign that DVD can’t ignore in terms of possibly reversing restrictions?

Honestly, I think they're going to be stubborn to the end. This is the sacrificial lamb for the sake of VDH and Poly tower. This is down to hubris.

 

[Spinster Travel]

I think this data has to be sign that DVD can’t ignore in terms of possibly reversing restrictions?

One can only hope

Looking at the seriously LOW numbers on OKW and SSR (lowest SSR sales in 12 year and fewest OKW points since 2017) it makes you wonder what in the world they are doing buying up all those points? Clearly the market is not responding to the new price point so what gives? Is it JUST to drive people to Direct? That doesn't seem to be working with these posted results. HMMMM

 

[BeachClub2014]

Numbers trending downwards for both VGF and RIV can't be a good sign for DVD. I guess that explains no new price increases and the generous incentives.

 

[DonMacGregor]

Between the average ROFR of CCV and this report, this does not bode well for my contract in ROFR for CCV.

I'm hoping those double goose eggs for BRV bode well for my 70-point contract in ROFR...

 

[clarker99]

I think this data has to be sign that DVD can’t ignore in terms of possibly reversing restrictions?

That and this 160pt RIV resale fully loaded going for $118/pt:

https://www.disboards.com/threads/r...uctions-formatting-tool.3878357/post-64066800

They need to change something bc that resale price scares me away from buying RIV.

 

[Brian Noble]

However, May’s sales total stands as the third best month for direct sales since the start of the pandemic in March 2020.

I don’t think anyone at DVD is sweating these numbers.

 

[BeachClub2014]

I don’t think anyone at DVD is sweating these numbers.

You're probably right. But I bet they are a little jittery about the downward trajectory gaining traction, especially being on the brink of a recession.

 

[RoseGold]

It's the AP issue. Nothing DVC can do about it right now. That's going to be in the hands of the MBAs and the lawyers.

it makes you wonder what in the world they are doing buying up all those points? Clearly the market is not responding to the new price point so what gives? Is it JUST to drive people to Direct?

This is the best news in the whole thing. That means DVC thinks demand and pricing will recover, even with a big building project coming. Maybe there is hope for APs. Maybe they're buying it all up now for the on-site guest AP...

And VGF on track for summer 2023, even with no APs. Wow.

 

[wdwdaddy4life]

https://dvcnews.com/dvc-program/fin...acation-club-direct-sales-slowing-in-may-2022

Still strong overall for DVD but given this was the first month where VGF and RIV went head to head with the same pool of buyers, DVD may finally have some info to see how the resorts do in the same market.

RIV dropped quite a bit and I’d have to say DVD had to be disappointed in that result since VGF performed so well

I think this data has to be sign that DVD can’t ignore in terms of possibly reversing restrictions?

I wouldn't mind reversing resale restrictions!

 

[wnielsen1]

Fewest points sold in a month at SSR in at least 12 years. Yet they continue to exercise ROFR at a high rate. Something is going on.

 

[take36]

Fewest points sold in a month at SSR in at least 12 years. Yet they continue to exercise ROFR at a high rate. Something is going on.

Maybe trying to keep the prices up? Buyers don't usually give up after getting thier contracts taken so next time they might bid a higher price.

 

[Sandisw]

I wouldn't mind reversing resale restrictions!

They don’t bother me and I think it will take a lot to remove them.

But, this is at least the first month that can really be used to compare things in all the same light. Same economic climate…available to the same set of buyers..new and current…

So, if DVD is wondering, this showed that VGF did outperform RIV with all other factors beating pretty equal. We shall see,

 

[wdwdaddy4life]

They don’t bother me and I think it will take a lot to remove them.

But, this is at least the first month that can really be used to compare things in all the same light. Same economic climate…available to the same set of buyers..new and current…

So, if DVD is wondering, this showed that VGF did outperform RIV with all other factors beating pretty equal. We shall see,

Honestly the resale restrictions don't bother me either

 

[UrsulaWantsYourSoul]

I would expect VGF to be out performing RIV by far right now. Once it has been on sale for several more months then it will be more telling. But it is the bright shiny new toy. Riviera has been on sale for a while.

 

[Mexacajun]

If there is any indication that resale restrictions will be dropped, I am gonna try and land more points on the resale market because the price is so low for such a beautiful resort.