Poly DVC expansion coming 2024!

[Frugal Fairy Tales]

 

[Jwaire]

I just got back from WDW Sunday. This area is small. I just don't see how this tower is going to fit in this space. I expect they're going to scale the plans back for this.

I guess we'll see.

All I know is that this resort can't handle another 200 room addition without some major infrastructure changes like additional dining locations, larger pools and transportation (specifically bus) improvements.

 

[Sandisw]

I just got back from WDW Sunday. This area is small. I just don't see how this tower is going to fit in this space. I expect they're going to scale the plans back for this.

I guess we'll see.

All I know is that this resort can't handle another 200 room addition without some major infrastructure changes like additional dining locations, larger pools and transportation (specifically bus) improvements.

The overlay I saw shows it taking more space than the current pictures show for construction at this point

They are pretty good at designing for the site so it simply may surprise us. Plus if the site is smaller, you wonder if they just add a few more floors?

Seems like retail shops and dining will be there along with the pool.

 

[theMoreDisneytheBetter]

Back to the RIV with resale restrictions vs VGF2 without - I would say that there are other reasons besides restrictions why someone might choose VGF over RIV, namely location. Some people love RIV - no doubt about it - but others may not want a non-walkable resort next to a moderate vs a MK resort. No judgment either way, but I don’t think the difference in demand is entirely due to restrictions, which most buyers don’t really think about as much as we do.

 

[wilkydelts]

Back to the RIV with resale restrictions vs VGF2 without - I would say that there are other reasons besides restrictions why someone might choose VGF over RIV, namely location. Some people love RIV - no doubt about it - but others may not want a non-walkable resort next to a moderate vs a MK resort. No judgment either way, but I don’t think the difference in demand is entirely due to restrictions, which most buyers don’t really think about as much as we do.

This right here is why I do not think Poly2 will be effected by resale restrictions. Being "stuck" at Poly is much different than being "stuck" at RIV.

 

[Nursemanit]

People forget that even if restrictions are only requiring a 8 dollar extra discount on RIV then DVC is losing 24 million on the remaining points

 

[pianomanzano]

People forget that even if restrictions are only requiring a 8 dollar extra discount on RIV then DVC is losing 24 million on the remaining points

Which is also around the price tag on the dues they’re paying for those points, so I think they’d happily offer that discount if it meant getting the points sold sooner.

 

[Sandisw]

Which is also around the price tag on the dues they’re paying for those points, so I think they’d happily offer that discount if it meant getting the points sold sooner.

DVD does not pay dues on the declared points they own...but rather cover any shortfall in the operating budget if there is one in exchange for guaranteeing that the estimated amount decided for the year will not be raised.

But RIV is a very popular with cash guests, and books well, so I am not sure if they are in that much of a rush to sell it.

 

[pianomanzano]

DVD does not pay dues on the declared points they own...but rather cover any shortfall in the operating budget if there is one in exchange for guaranteeing that the estimated amount decided for the year will not be raised.

Ahh thanks, learned something new!

 

[KimMcGowan]

The overlay I saw shows it taking more space than the current pictures show for construction at this point

They are pretty good at designing for the site so it simply may surprise us. Plus if the site is smaller, you wonder if they just add a few more floors?

Seems like retail shops and dining will be there along with the pool.

I think a lot of people are making a rush to judgement about the rooms at the new tower. I would not be surprised at all if there are only rooms one ONE side, every room commanding a premium view (and ultra premium point chart). If this is the case than the possibility of it being the same association is going to vastly favor purchasers of the new tower. They will be able to afford the “cheaper” (ha!) studios at PVB while the opposite may not be true

 

[tidefan]

I think a lot of people are making a rush to judgement about the rooms at the new tower. I would not be surprised at all if there are only rooms one ONE side, every room commanding a premium view (and ultra premium point chart). If this is the case than the possibility of it being the same association is going to vastly favor purchasers of the new tower. They will be able to afford the “cheaper” (ha!) studios at PVB while the opposite may not be true

Not really. A point is a point is a point. They all spend the same. Those new PVB buyers would have to buy the points to cover that if it were true...

 

[KimMcGowan]

Not really. A point is a point is a point. They all spend the same. Those new PVB buyers would have to buy the points to cover that if it were true...

Well yes. However, what I was really saying is that the points at PVB will not be able to cover as much at Poly2, which will IMO have the highest point charts in all of DVC. Especially if all of the rooms are TPV.

 

[Nursemanit]

I think a lot of people are making a rush to judgement about the rooms at the new tower. I would not be surprised at all if there are only rooms one ONE side, every room commanding a premium view (and ultra premium point chart). If this is the case than the possibility of it being the same association is going to vastly favor purchasers of the new tower. They will be able to afford the “cheaper” (ha!) studios at PVB while the opposite may not be true

About 25% of the building will face the pool so there will be Pool view non-theme park rooms even if it is one-sided. That is if they stick to the artist's rendering.

 

[KimMcGowan]

About 25% of the building will face the pool so there will be Pool view non-theme park rooms even if it is one-sided. That is if they stick to the artist's rendering.

I am not sure, if they only use 1 side I think every room would be facing MK wouldn’t they?

 

[KimMcGowan]

About 25% of the building will face the pool so there will be Pool view non-theme park rooms even if it is one-sided. That is if they stick to the artist's rendering.

One thing to keep in mind, if you can see the sun shining off the paint of the castle (and nothing else), Disney still considers that TPV

 

[Nursemanit]

I am not sure, if they only use 1 side I think every room would be facing MK wouldn’t they?
View attachment 704124

No - one side 25-30% of the building is at an angle and faces the pool see the layout mid article
https://www.disneytouristblog.com/dvc-tower-expansion-polynesian-village-resort/

 

[Paul Stupin]

I do not think that one necessitates the other nor that being in the same association would prevent the majority of buyers purchasing. Remember that the vast majority of DVC is still sold to those who show up for a Disney vacation, have a blast and decide then and there they want to enjoy it for years to come. DVC will spin as they need to. Always have. Always will. No matter the resorts they have sold them all at a relatively similar pace. The current owners perspective is often quite different than the future owner DVC is targeting and it becomes more and more obvious that Disney wants to target new. Still, even those who currently own could be driven to add on in order to book larger accommodations since their current ownerships would be more geared to studios. I still perceive marketing and sales as easier if it's all one. Question is what DVC thinks will help them though.

The thing is, if Poly2 is part of the same association, there will be a large percentage of existing Poly1 owners who will not buy additional points, but instead use the points they already have to book the new tower, and use their 11 month advantage. That’s money lost for Disney, and represents zero return on their investment. I don’t think they have any intention to give such a gift to Poly1 owners. The strategy will also alienate existing DVC owners like myself, who don’t like the original Poly but would buy at a less kitschy more contemporary take on the theme, but not if it’s part of Poly1.

If the new tower has the usual range of room types, I don’t think they‘ll have any trouble selling it to new buyers purchasing on site impulsively, especially if the Poly1 pools are open to Poly2 owners, as they no doubt will be.

 

[Paul Stupin]

My prediction is the new Poly tower will have smaller studios than current Poly but for the same or, more likely, MORE points. That would differentiate the studios even if in the same association. I can’t foresee Poly owners having a problem booking at 11 months under any scenario. The sky is not falling.

Allow me to put your mind at ease... We own direct and resale points at Poly and if the new Poly tower is the same association I am still a fan of the current Poly studios and their particular location and that is why we own there. We love the size, split bath situation, and location of the existing Poly studios with excellent MK access and near the TTC for Epcot access, as well as the overall location within the Polynesian resort close to the quiet pool, buses, and all of the transportation, dining, etc. In my opinion these are the best-situated DVC studios on property, with the very best location to access everything WDW has to offer without having to change resorts during our vacation. And they have the most square footage to boot! I am sure the new Poly studios will be very nice (obviously new is wonderful) but I don't expect them to be as large or have the layout like the existing studios which are the way they are because they are using the dimensions of a 1970s hotel room size. Might we want to try out the new Poly studios? Maybe. Might we want to try larger rooms at the new Poly tower occasionally? Maybe. We do enjoy staying at all DVC resorts. But I will always consider the original DVC Poly studios to have a superior location. As with most real estate, the best locations get built on first. We love the existing DVC Poly studios. Location, Location, Location. So even though you already deem the new studios and the new Poly tower to be superior to existing Poly (which is fine), not everyone else will necessarily see it that way and be competing with you for studios. I am not eager to overlook the wedding pavilion, have a longer walk to the monorail, have a longer walk to the TTC, etc. There are pros and cons to both locations, but I still say the original DVC Poly studios' location is THE BEST at WDW Something for everyone.

Yes, great that you love Poly! But you’re certainly not expressing the opinion of everyone else who owns there, who might be quite excited about booking the new tower.

 

[Nursemanit]

The thing is, if Poly2 is part of the same association, there will be a large percentage of existing Poly1 owners who will not buy additional points, but instead use the points they already have to book the new tower, and use their 11 month advantage. That’s money lost for Disney, and represents zero return on their investment. I don’t think they have any intention to give such a gift to Poly1 owners. The strategy will also alienate existing DVC owners like myself, who don’t like the original Poly but would buy at a less kitschy more contemporary take on the theme, but not if it’s part of Poly1.

If the new tower has the usual range of room types, I don’t think they‘ll have any trouble selling it to new buyers purchasing on site impulsively, especially if the Poly1 pools are open to Poly2 owners, as they no doubt will be.

Your thinking like the 2% of DVC that is on this site - we are not normal. We know 11/7 booking hassles and that the bungalows are ridiculously not worth the points with the CCV cabins at 20% less.

60-65% of sales are net new customers for Riv and VGF and PVB will not be different - the guides would rather say " why yes, you can book a longhouse or the tower or the bungalows all at 11 months and all the other resorts at 7 months" vs " You can book the tower at 11 or the longhouses and bungalows at 7 the other resorts at 7 and I am required to have you sign this to make sure you understand that these points are restricted and only work on these 200 rooms if you sell them" I have not seen any evidence from RIV that restrictions speed up sales, in fact, most signs point to the opposite. Simple sells, while complicated terms make people overthink it and walk away.

As for the other people like me who own at PVB 1 - most own studio-sized contracts. If I wanted 1BR or 2 BR at PV2 I would need to add on and I would probably add on direct as the price difference will most likely be minimal for an extra 75 to 100 points vs the overinflated sold-out direct price of 250 for PVB. This is what is going on now with VGF - why buy small contracts resale for 175 when you can get direct for 198ish? Existing PVB owners will buy points.

Also everyone keeps falling into the " money lost " fallacy - 100% of the points will be sold by Disney for the tower - the only question is at what rate per point and what speed. RIV has not shown that restrictions speed up sales and they need a discount to sell.

 

[Paul Stupin]

Your thinking like the 2% of DVC that is on this site - we are not normal. We know 11/7 booking hassles and that the bungalows are ridiculously not worth the points with the CCV cabins at 20% less.

60-65% of sales are net new customers for Riv and VGF and PVB will not be different - the guides would rather say " why yes, you can book a longhouse or the tower or the bungalows all at 11 months and all the other resorts at 7 months" vs " You can book the tower at 11 or the longhouses and bungalows at 7 the other resorts at 7 and I am required to have you sign this to make sure you understand that these points are restricted and only work on these 200 rooms if you sell them" I have not seen any evidence from RIV that restrictions speed up sales, in fact, most signs point to the opposite. Simple sells, while complicated terms make people overthink it and walk away.

As for the other people like me who own at PVB 1 - most own studio-sized contracts. If I wanted 1BR or 2 BR at PV2 I would need to add on and I would probably add on direct as the price difference will most likely be minimal for an extra 75 to 100 points vs the overinflated sold-out direct price of 250 for PVB. This is what is going on now with VGF - why buy small contracts resale for 175 when you can get direct for 198ish? Existing PVB owners will buy points.

Also everyone keeps falling into the " money lost " fallacy - 100% of the points will be sold by Disney for the tower - the only question is at what rate per point and what speed. RIV has not shown that restrictions speed up sales.

“Money lost” fallacy? If it’s the same association, resale contract owners will be able to use their points to stay in the new tower, or buy additional resale points to augment what they have. Disney does not make money when resale contracts exchange hands, which is why they add incentives, restrictions, and perks to sweeten the deal for buying direct. What am I missing?