New Aulani Rates Released

$5.73?

Ouch, I'm feeling very fortunate to have passed ROFR on our GDC points rather than buying in our home state at Aulani.
 
They weren't even close with the original figure. No wonder Jim was flat out terminated rather than allowed to "pursue other opportunities" or "spend more time with family."
 

1) Holy Cow.
2) Up to $850 per year MORE in fees.
3) Not the total.
4) That is additional.
 
1) Holy Cow.
2) Up to $850 per year MORE in fees.
3) Not the total.
4) That is additional.

Sounds like a lot, but if I'm reading the newspaper article correctly, that additional $850 in mf w/b based on an 2 bedroom ocean view room for a week in peak season. Looking at the Aulani points charts, that comes to 595 points! At the $120/point cost (when I bought) that's $71,400!

I wonder how many of those contracts they will be writing, or if people will do whet I did and buy enough to go there every 3 years by banking/borrowing (and certainly NOT to a 2 bedroom, either).

On the other hand, the lower range from the article (studio in slowest time) is 175 points, or $21,000. Again, that's assuming people are buying enough points to cover a trip there each year. You don't even need that many points for an every other year or every third year trip.

Of course this is my perspective since it's what I did, but going to Hawaii is not cheap, and for a lot of people might well be less of an annual (or more frequent) destination than WDW or DLR. So I could see more contracts with fewer points.

But anyway you slice it, this was certainly a black eye for DVC.
 
Don't forget the impact on the transient tax since the tax is calculated based on the dues. The rumor is Disney will give a dues credit to Aulani owners who have already purchased. I call it a rumor since DVC has chosen to not communicate with current owners about the problem or proposed solution to this point. Will Disney also be subsidizing the increase in the transient tax? We can only guess because Disney is waiting to spring it on us when they are ready.
 
Very interesting! DH and I had been planning to purchase right as sales were halted. We now need to take this new info and see if this makes sense for us financially or if we will add on at our current "home" AKV. We are heading to Aulani in November so we can make our decision based upon our stay there as well. We were going with a minimum number of points to be able to make the trip down there ever few years with banking/borrowing.
 
Don't forget they would have to add in the cost of Hurricaine/tsunami insurance that would also increase the dues/maintenance. VB also has fairly high rates because of hurricaine insurance. Hawaii is a very expensive place to live.

We are planning a visit, but it will be a once in a lifetime event. Airfare is too costly from here ... right now close to $900.00 per person. For a family of 4, that's expensive. When we do visit (the plan is in 2 years) we will be spending 2 weeks minimum, with a few days at Aulani combined with other timeshare stays on other islands and a hotel stay in Honolulu.
 
I am happy that early owners will be getting a discount since the lower dues probably factored into their decision. But ultimately that will impact everyone...they either reduce services or increase the dues for everyone since they have to come up with the operating money to run the resort.

We bought in early July, right before they stopped sales. We got our paperwork, signed and notarized it, and then when we called they said to just hold on to it, the lawyers were working on it. I thought it was because we set it up in a trust. I wonder if they will consider us "early owners" and give us the discount.
 
I am happy that early owners will be getting a discount since the lower dues probably factored into their decision. But ultimately that will impact everyone...they either reduce services or increase the dues for everyone since they have to come up with the operating money to run the resort.

No, other owners will not be asked to carry an added burden. That would be illegal.

Disney Vacation Development will have to subsidize those owners' dues for the next 50 years due to the misrepresentations made at the time of the sale.

It's really the only choice Disney had. That, or they could have offered to buy-back contracts from current owners who are upset over the dues situation. Although I suspect current owners could even get Disney to agree to buy back if they raised a big enough stink.
 
Does anyone have an idea when DVC will be contacting people who are trying to purchase Aulani?
 
This article reads as if they have to get new approvals by state to resume sales.
 
This article reads as if they have to get new approvals by state to resume sales.

Yup. Hawaii approval has been received so Disney has been able to start closing on sales made out of the Hawaii sales center. As of the article's writing, they still need to get updated approval from all other states. When they get approval from California, they can start closing on sales made out of the Disneyland office. Same for Florida, Illinois and New York.

And they'll need to get approval from the other 45 states before they can close on telephone sales to residents of each locale.
 









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