News: Disneyland Hotel Villas to have Resale Restrictions

[Nursemanit]

They could also rename PVB like they did VWL, which became BRV and then give the Tower its own distinct name.

Then the current PVB members could all refuse to use the new name like the VWL original owners.

 

[Sandisw]

Restrictions will never make something more valuable. Restrictions will always hurt the long term value of this product and make it much less valuable then Grand Cal

Maybe not resale value but it will definitely make the product more valuable to new buyers who want to be able to use it everywhere.

So, overtime, restrictions won’t been seen as an outlier but the norm.

 

[Nursemanit]

1000% yes to all of this. The restrictions will have some impact vis-a-vis the value of VGC but it will be very minor. It’s not a riviera situation where the fundamental value of the points are less valuable than all of the surrounding resorts because of restrictions.

And the RR owners will be laughing when BW and BC are buying the second version for $400 a point with restrictions and they have 28 years left staying in Epcot on a resale contract they got for $130 a point.

 

[tom1944]

Maybe not resale value but it will definitely make the product more valuable to new buyers who want to be able to use it everywhere.

So, overtime, restrictions won’t been seen as an outlier but the norm.

I agree.

We are a new DVC family and the Riviera restrictions pushed us away but now that there may be a second restricted resort it is more likely that we will purchase some direct points. Add a third restricted resort and it becomes even more likely.

 

[DonMacGregor]

Haole tower ​

Hale Haole, if we’re being precise…

 

[Nursemanit]

Hale Haole, if we’re being precise…

That has a great ring to it

 

[tom1944]

That has a great ring to it

Not to be confused with HHI

 

[DonMacGregor]

Not to be confused with HHI

Not likely…

 

[BWV Dreamin]

Maybe not resale value but it will definitely make the product more valuable to new buyers who want to be able to use it everywhere.

So, overtime, restrictions won’t been seen as an outlier but the norm.

Yes and a gradual end to the “ Disney Vacation Club” as we know it ( or knew it).

 

[intamin]

Welp there goes any chance of them rolling back resale restrictions on RIV (not like I really thought they would). If anything this restriction is a positive for direct/resale pre-2019 owners. With it being direct/resale VDH only it will make it a lot easier to book for those of us who do own direct points by not opening the floodgates to resale, dare I say there should be a good amount of availability for at least a few years at the 7 month window. TBH it doesn't really matter to me since if I'm going to stay near DL, it'll either be at my family's place in SoCal or at Grand Cal when I have the funds to purchase a resale contract there but this is a win for people who did pay more for direct.

Obviously this hurts resale value which sucks for everyone except for Disney maybe but for people who actually intend to keep their contracts and continue using them I see it as a positive /shrug. You won't be fighting for the same rooms with the giant pool of recent SSR/OKW resale owners over time who got their contracts for less than half what you paid for.

 

[pianomanzano]

Yes and a gradual end to the “ Disney Vacation Club” as we know it ( or knew it).

I could see them several years down the line offer an opportunity to "unrestrict" any resale points (no membership perks/extras, just unrestricted points). I doubt it would be cheap, nor do I think many resale owners would take advantage of it, but it's an easy money grab for them for what's essentially some lines of code.

 

[Sandisw]

I could see them several years down the line offer an opportunity to "unrestrict" any resale points (no membership perks/extras, just unrestricted points). I doubt it would be cheap, nor do I think many resale owners would take advantage of it, but it's an easy money grab for them for what's essentially some lines of code.

I know people say this but it just seems to defeat the purpose of making things different.

I have shared that I think it’s more likely we see them offer resale owners a chance to pay a per trip fee to access DVDs own points, similar to OTU points.

But, of course, I doubt many ever considered this restriction move before it happened, so who knows what they will come up with.

I do know that it cements my decision to not buy resale unless it is RIV..and even then, I am leaning toward just doing less points direct.

 

[I Run Long]

Restrictions will never convince me that buying direct is worth it. Now admittedly I'm 60 and I'll probably be dead before the vast majority of resorts switch over to becoming restricted. Or maybe I'll live forever! Anyway, if I really wanted into a resort that was restricted, I'd still just go ahead and buy resale - it will always be cheaper per point and there is no real value, for me at least, to buying direct. If there are a couple of resorts that I feel like I would be missing out, I'd still only buy resale and own at more than 1 resort. Many people on this board already own at 2 or 3 or even more resorts thereby securing their ability to book at the resorts they want. Also being Cdn when I look at the direct prices and add 35%-40% to those prices to factor in the exchange rate that is a definite hard pass for me.

 

[tom1944]

Restrictions will never convince me that buying direct is worth it. Now admittedly I'm 60 and I'll probably be dead before the vast majority of resorts switch over to becoming restricted. Or maybe I'll live forever! Anyway, if I really wanted into a resort that was restricted, I'd still just go ahead and buy resale - it will always be cheaper per point and there is no real value, for me at least, to buying direct. If there are a couple of resorts that I feel like I would be missing out, I'd still only buy resale and own at more than 1 resort. Many people on this board already own at 2 or 3 or even more resorts thereby securing their ability to book at the resorts they want. Also being Cdn when I look at the direct prices and add 35%-40% to those prices to factor in the exchange rate that is a definite hard pass for me.

I thought the same way as you but if the new Poly resort is its own association with restrictions I will review the point chart and seriously consider buying the points needed for alternate year stays there and Riviera.

I can use my SSR resale points the off years.


I am 65 but my daughter will be on every contract.

 

[maui22]

For Poly new building name, I hope they have someone who understands all the other Polynesian room buildings are named after an island. This feels like it should be named Oahu. Realize the island of Hawaii is significantly different than Oahu.

 

[maui22]

Since resale purchasers are restricted, will RIV and VDH be harder to book in the years after it is sold out?

 

[Epcot Forever Forever]

Since resale purchasers are restricted, will RIV and VDH be harder to book in the years after it is sold out?

Shouldn’t be, since non-Riviera/VDH resale owners will be restricted from booking in. It should be a wash.

 

[sndral]

Restrictions are the way forward. Disney has never wavered. Wishful thinking and an erroneous belief that Riviera wasn't selling because of the restrictions has been promulgated online. It is clear that this was simply bias as evidenced by Riviera outselling VGF they had to discount VGF. If Disney was going to relax restrictions it would have been done. …

When the first couple of months of VGF2’s sales were so much higher than Riviera’s despite the fact that Riviera was cheaper at that point, came w/ prior years points, & had more years left, I hoped that DVC would reverse course on resale restrictions.
But alas, summer told a different tale & Riv. began out selling VGF2 suggesting to me that direct buyers would flock to whichever resort cost less per point & didn’t particularly care about resale restrictions.
In mid November DVC increased the incentives on VGF2, I doubt they cared about which resort sold more v. the other but direct sales fell off a cliff for both resorts so they needed to do something to increase sales & they likely are resigned to Riv taking almost a decade to sell out, but would like the smaller VGF2 to be sold before its’ next door neighbor Poly2 opens. I’m still not sure if Poly2 will be restricted or go the VGF2 shorter contract no restriction add on route.
Since VGF2 went on sale it’s sold 966,870 points & during that time (March 2022 - March 2023) Riviera has sold 867,287 points despite being cheaper than VGF2 for 9 of the 13 months. VGF2 sold more points in 8 months (3/22, 4/22, 5/22, 6/22, 8/22, 1/23, 2/23, 3/23) and Riv sold more points in 5 months (7/22, 9/22, 10/22, 11/22, 12/22.)
DLH is an entirely different kettle of fish, it’s small, it’s based in 2 parks that are more like a 4 day vacation v. a WDW 7+ day vacation & the likely target market is west coast based folks, so I don’t see DLH sales cannibalizing WDW resort sales & I don’t see WDW resort pricing/incentives having much impact on DLH pricing/incentives because the markets are different for the west v. east coast parks.

 

[ClaraOswald]

As someone who purchased resale this year....I know I can't use my points at Riviera, VDH, or likely any future resorts. But I can still use them at 7 months for the other existing resorts.

But...is there ever a possibility that Disney could say...all current (and future) resale owners can no longer book ANY resort but their home resort? Or if they did that...would it likely just be for future resale purchasers?

 

[Nursemanit]

It's all about math - When I bought 250 points RR direct it was 4k more than Poly resale ( far enough out in years / and cheaper than CC)

I figured if they brought back annual passes - I could make up the 4k and now I will ( saving over 1k this year alone)

I would rather resale restrictions vs some of the other timeshares that put rental restrictions.

And no this is not the end of DVC - Riveria resale is holding value in proportion to the other resorts and in fact it is very hard to find in my use year. It did not crash to nothing like people predicted. It did not scare away buyers. I personally believe they would get more sales at a higher price without it but they must disagree.

I still think adding perks to direct like AP or Member Magic events is better than hurting resale by adding restrictions but I don't have to report to stockholders each quarter.