Point increase true or fase

[Daitcher]

If I'd bought OKW at $50, or any of the sold out resorts low -- and I was not using all of my points each year for vacations I loved -- I'd be a seller.

I think the real message of these moves on the sold out resorts is that the resale prices for those resorts are peaking. OKW, HH and VB have probably already peaked, and the others will follow someday. My guess is sooner, rather than later, because Disney is obviously re-thinking their strategy on supporting resale prices via ROFR. At some point, Disney will abandon the policy of propping up resale prices.

Another thing this tells me is Disney is having trouble renting out their DVC inventory via CRO -- in part because of the points-rental business that has grown up around DVC. I wouldn't be surprised to see the points rental area a future target of strategic re-thinking. DVC has the ability to stop points rental -- they just haven't exercised it yet.

Others have said this to me so I'll pass it on to you giving "the others" ( that's a plug for ABC's Lost) full credit: " there isn't much you say that I agree with but" I'm with you on this. I just want to add this. DVC would have no problem at all renting rooms on cash. All they would have to do is promote it a little. It isn't just DVC, people are always surprised that I pay cash for timeshares all the time. The general public doesn't realize those rooms can be had with a cash ressie. Promote it a little, that is all it would take. Deluxe resort people would love one of those huge rooms at one of the hotel like DVC Resorts.

Also maybe owning SSR isn't so bad after all. I've been saying for a while now that the price of resales would be dropping sooner rather than later. It is happening and I believe this is just the first phase. I'll hang in a while with my SSR points. OKW and the other older DVC resorts won't look so appealing when they are only worth $50 a point. Usage has to come in play at some point.

DAVE

 

[mydogdrew]

Where exactly is the evidence of resale prices dropping? Surely you're not saying that DVC dropping addon's $5 to $87 (or whatever it is) at HH and VB when the market has been in the $60's resale for some time evidence of that? They could drop it another $10 and not impact the resale market for those resorts. I'm not denying the ultimate outcome here - I just believe it will be quite a while before you see and impact of the 2042. I believe it's more correct to say that resale prices are flat at some locations and increasing at others. The bigger issue for DVC is that EPCOT resales continue to routinely sell for more than SSR resales - what does the market say about the extra 12 years? Location, location, location.

 

[greenban]

I do think it is sad...and, I know the resorts aren't "human"....but, I feel bad for "sweet OKW"!!! That's so silly, I know....but somehow, I feel like it is being "slighted"...and, it's the resort that "started it all".

I also think DVC may "opening up a WHOLE can of worms" they don't want to open. And, I think I might better decide what my FINAL number of points I want is....if they are going to price "by demand"....I think an increase in the cost of just BCV points might be coming soon. Senecabeach was on the waitlist for what was it....13 months!!!!



Beca

Ugggghhhhh! Pity from a BCV snob for OKW!

I'm gonna spew!

-Tony

Just kidding Beca, you are still my fav!

 

[JimC]

I'm reading my copy of Backstage Pass for DL AP. It says we get a 15% discount on a DVC membership and that membership prices begin at $15,150. That works out to $101 per point. So I guess a price increase has already happened.

 

[drakethib]

OKW is one of my favorites so no pity here. It just makes sense. SSR will be the same way. The large DVC properties just don't have the resale appeal. Why buy the large property? You can book it any time. Owning the small sought after property seems to be the way to go. See my thread about this because I'm trying to decide.


DAVE

Good.

Everyone please don't buy at OKW. Stay Far away.

The place is horrible. You will hate it.


That way I can have the place all to myself.