- Joined
- Dec 11, 2006
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- 27,810
IMO just a GV addition to VWL. How they deal with the existing expiration date will be interesting. Adding all of the additional owners will really make booking a stay at VWL more difficult.
Bill

If the cabins are placed closer together, reduced in size and built as duplexes, there should be room for at least 215 units. At 900 points a week, that will add at least 10,062,000 points to VWL. Now, this will be a truly unique offering that should command at least $185 per point, generating at least $1,861,470,000 in sales. Shortly after the member presale, we can increase the cost per point to generate over $2 billion dollars.
If the cabins are placed closer together, reduced in size and built as duplexes, there should be room for at least 215 units. At 900 points a week, that will add at least 10,062,000 points to VWL. Now, this will be a truly unique offering that should command at least $185 per point, generating at least $1,861,470,000 in sales. Shortly after the member presale, we can increase the cost per point to generate over $2 billion dollars.
I admit I don't know exactly how the proposed legislation may alter how developers will be able extend or terminate qualified timeshare properties. But I do know the existing laws already give developers some leeway in this area. For example, the VWL Master Declaration has this clause dealing with the merger of one condo association into another:
Section 19. Merger
This Declaration, the Association and the Common Elements of this Condominium described in this Declaration may be merged with the declaration of condominium, condominium association and common elements of another independent and separate condominium to form a single condominium with the consent of majority of the total number of voting interests and with the approval of all of the record owners of liens on the Units and Ownership Interests in the Units. If such consent and approval is obtained, a new or amended declaration of condominium, articles of incorporation and bylaws of the Association will be recorded and contain such provisions as are necessary to amend and modify the appurtenances to the Units and the percentages by which the Owners share the Common Expenses and own the Common Surplus and Common Elements in order to create a consolidated single condominium.
I am in no way saying that Disney could or would make any material changes to the existing VWL condo association. But I'm curious why a clause like this was inserted in a master declaration in the first place.
Ugh is this really happening?
So this is going to be the cabins added on only? No WL hotel rooms converted? Seems like it wouldn't be a whole lot of new points to sell, maybe a half million to a million depending.
DVC Mike...those graphics are phenomenal! Thanks for taking the time to make them, as well as posting them on multiple threads on this topic. Nothing lays out the impact to the current resort as well as those graphics.
I guess I can see Disney's perspective on maximizing returns on a particular property. And I do think that adding the bungalows (and the additional amenities) to WL/VWL will help elevate that resort to a similar status to other Deluxe resorts.
Makes me wonder if they'll put bungalows at AKV and get rid of the animals. After all, it seems that it's all about the bungalows these days.![]()