on the other side, i've read that it will not have DVC. something about california's laws/rules on adding new timeshares. maybe someone else with more details could elaborate.
guess we will have to wait and find out.
on the other side, i've read that it will not have DVC. something about california's laws/rules on adding new timeshares. maybe someone else with more details could elaborate.
guess we will have to wait and find out.
That's what I have read, too. However, with increase inventory of hotel rooms from the proposed new hotel, part of the rumor is that it may allow DVD to convert more Grand Cal rooms into DVC.
on the other side, i've read that it will not have DVC. something about california's laws/rules on adding new timeshares. maybe someone else with more details could elaborate.
guess we will have to wait and find out.
I've heard both things now. It's all speculation and rumor at this point I think.
Remember, the reason this hotel is even being built in the first place is because the City of Anaheim wanted to increase the number of 4 and 5 diamond hotels in the city in order to bring a "higher" class of visitor to the city who would spend more money. To that end, they offered a rebate of 70% of the 15% bed tax the city charges, to any hotelier that would build a new 4 or 5 diamond hotel. The rebate would be in effect for 20 years after the hotel opened. Disney decided it was too good to pass up (since they were already wanting to do that anyway). Anaheim hadn't expected Disney to be one of those hoteliers (they were targeting Marriott and Hilton) and is actually pretty peeved at Disney for taking them up on their offer.
The deal does not apply to timeshares, only to hotels, so any DVC rooms would not give Disney this rebate. Doesn't mean that DVC couldn't piggyback on the construction of the hotel - potentially reducing the costs. Until the most recent drawings, it was kinda assumed there would be one building and hence, no DVC. The new drawing shows several buildings, one of which could be built as a separate DVC building.
My working theory has always been that once the new hotel was completed, Disney would convert one of the Disneyland Hotel towers (probably Frontier Tower) to a DVC resort. I'm re-evaluating that theory.
Until Disney makes an announcement, we'll just have to wait.
My working theory has always been that once the new hotel was completed, Disney would convert one of the Disneyland Hotel towers (probably Frontier Tower) to a DVC resort. I'm re-evaluating that theory.
I was thinking this exact same thing. It would drive up the value by lowering the quantity of cash rooms at the Disneyland Hotel, while at the same time quietly pushing more people towards GC and the new hotel with the higher price points.
That's what I have read, too. However, with increase inventory of hotel rooms from the proposed new hotel, part of the rumor is that it may allow DVD to convert more Grand Cal rooms into DVC.
GCV owners say that their annual dues statements include maintenance of the ~200 hotel rooms in the “DVC wing” (of course the hotel pays their portion)
I think that means any of those hotel room conversions to GCV would be within the 2060 expiration legal footprint of the existing GCV.
If they expanded into some of the original hotel rooms, then that could easily be a separate lease to Disney, with a new expiration date (like BRV/CCV)
If it were done it would almost certainly just be added as part of VGC which still has 42 years left on it. Other resorts had 40+ years to start and BCV was right at 40 years. As that wing was connected with VGC from the start it would likely have to stay under it.