Occupancy Rates?

[ocdb8r]

Does anyone know what the occupancy rate has been at OKW and BWV for the last year or two? I'd be really curious to see what percentage we are running at over any given year.

 

[DVCDAVE]

I don't know if Disney breaks the numbers down by resort, but the number our guide gave us, and it also was in a recent Disney report too.....the WDW resort averaged 98% occupancy rate ! That is probably why they can justify a 10% annual increase in the hotel room rates year after year.

 

[BobH]

I have a chart published by Disney that a friend of mine
gave me. He got it through DVC but the last year it is current is 1997. By season OKW was as follows:

Adventure 81%
Choice 66%
Dream 73%
Magic 71%
Premier 95%

BW was 100% for all seasons

If anyone has a more recent chart or if anyone knows how frequently these are published it would be very interesting. As I said I got mine second hand. No chart came with my membership papers last Oct.

 

[RobDoc]

The Historical Levels of Occupancy usually appears in Exhibit 8 of the POS.

"In compliance with Florida law and at such time as the DVC Reservation Componant has been in operation for a period of two years, BVTC shall prepare a chart showing the actual levels of occupancy for each reservation season at each DVC Resort during the first calendar year of operation. This chart will be revised and updated every two years."

It appears that the information should be available easily. I think the figures include only the % of occupancy of the portion of each resort included in the member inventory. (Which currently is 96-98% at BWV and OKW).

I don't have a recent POS to look at. Maybe someone can check Exhibit 8 in a recent POS and report the chart.

 

[Doctor P]

I can update the information through the 1999 Season (From a POS dated 2/20/00):

Adventure Choice Dream Magic Premier

OKW 77% 76% 73% 69% 78%

VB 63% 81% 81% 75% 83%

HHI 36% 39% 66% N/A 80%

BWV 75% 70% 76% 73% 74%

 

[BobH]

How do you find this exhibit 8 of the POS. I have 2 books the "component site public offering statement" and the "multi sit e public offering statement" dated 3/2000 and 8/2000 respectively and I can't find anything in the table of contents to direct me to this.
Any help would be apprciated.

Addition: I located "exhibit 8" and have no information in my particular POS regarding occupancy. Apparently DVC has released data only in some editions of the members POS statements.

 

[Doctor P]

I found it in Exhibit 4 of the 3/2000 Multi Site POS (p. 69).

 

[drusba]

Sorry, but beginning in 2000 regulations changed and providing occupancy levels is no longer required in the public offerring statements. As a result Disney deleted that exhibit from the ones you received. Note also that the occupancy levels that were provided before in the offering statements cannot be relied on for trip planning. The problem is weekday versus weekend (when points are higher). Stating that a season has an 80% occupancy rate tells you little as that is a total for the whole season--what it does not tell you is that weekday occupancy may be 98% or higher while weekend is only 70% (the total for the whole season in that case would work out to 80%, the published number). Basically from statements made by Disney before at annual meetings they tend to have a very high (above 90%) weekday occupancy level year round.

 

[Doctor P]

Excellent points, as usual, drusba.