Poly DVC Photo!

[gmi3804]

The living room looks stunning:

 

[Sur]

Now if they could get the water to match the backsplash....come on Disney, work your magic!

 

[jskel301]

That looks incredible. Guess I'm going to have to up my points.

 

[disneynutz]

Not our cup of tea.

High price, high point requirement, high dues, we won't be buying there and will probably never stay there.

Bill

 

[vicki_c]

Thanks George! Very pretty, but I don't think I will ever afford one of those. A studio, maybe.

 

[Jennasis]

I think they messed up building those bungalows. The points are so astronomical. They're beautiful (and it's my tax bracket talking here) but I just can't see them being booked up for the points/cash price they're asking. The over-the-water thing is just a very expensive novelty (and frankly, my sister's honeymoon to tahiti/bora bora/moorea last month was less expensive than a week in those bungalows will be).

Ridiculous. Beautiful, but ridiculous.

 

[woodleygrrl]

I think they messed up building those bungalows. The points are so astronomical. They're beautiful (and it's my tax bracket talking here) but I just can't see them being booked up for the points/cash price they're asking. The over-the-water thing is just a very expensive novelty (and frankly, my sister's honeymoon to tahiti/bora bora/moorea last month was less expensive than a week in those bungalows will be).

Ridiculous. Beautiful, but ridiculous.

RIGHT??? I totally thought the same exact thing. I may go to the ACTUAL SOUTH PACIFIC and pay less than staying here. ***.

 

[eliza61]

Hey I can't see the picture.

 

[jerseyduke]

I think they messed up building those bungalows. The points are so astronomical. They're beautiful (and it's my tax bracket talking here) but I just can't see them being booked up for the points/cash price they're asking. The over-the-water thing is just a very expensive novelty (and frankly, my sister's honeymoon to tahiti/bora bora/moorea last month was less expensive than a week in those bungalows will be).

Ridiculous. Beautiful, but ridiculous.

Depends on your point of view really. Those 20 bungalows constitute close to an additional 1,000,000 points they can sell for the resort. That is minimum of 160 million$ in sales for them. Let's go crazy and say they cost 50 Million to build (2.5 million each)...that is a nice profit.

And if not one person buys into the poly with the intent of staying there, what does disney care? That will leave the poly owners trying to squeeze into the studios, and disney will collect the breakage on the bungalows.

Disney probably put 100 million in their pockets with those bungalows. Hardly a mistake! (well when the resort is fully sold)

But, they are CRAZY expensive, and yes, you can go to Bora Bora instead.
200-250K for a week? That is a lot of trips to Bora Bora!

 

[disneynutz]

I think they messed up building those bungalows. The points are so astronomical. They're beautiful (and it's my tax bracket talking here) but I just can't see them being booked up for the points/cash price they're asking. The over-the-water thing is just a very expensive novelty (and frankly, my sister's honeymoon to tahiti/bora bora/moorea last month was less expensive than a week in those bungalows will be).

Ridiculous. Beautiful, but ridiculous.

Another Discovery Island?

A cold water plunge pool doesn't make any sense IMO.

Bill

 

[SleepyatDVC]

Depends on your point of view really. Those 20 bungalows constitute close to an additional 1,000,000 points they can sell for the resort. That is minimum of 160 million$ in sales for them. Let's go crazy and say they cost 50 Million to build (2.5 million each)...that is a nice profit.

And if not one person buys into the poly with the intent of staying there, what does disney care? That will leave the poly owners trying to squeeze into the studios, and disney will collect the breakage on the bungalows.

Disney probably put 100 million in their pockets with those bungalows. Hardly a mistake! (well when the resort is fully sold)

But, they are CRAZY expensive, and yes, you can go to Bora Bora instead.
200-250K for a week? That is a lot of trips to Bora Bora!

This just says to me that people that buy into Poly will soon realize they can get more bang for their bucks or points elsewhere and it will be even more important to book during our 11 month window...

 

[dsneygirl]

RIGHT??? I totally thought the same exact thing. I may go to the ACTUAL SOUTH PACIFIC and pay less than staying here. ***.

Or actual Hawaii (Aulani!) I know there is a certain segment that can afford that but holy smokes!

 

[eliza61]

Not our cup of tea.

High price, high point requirement, high dues, we won't be buying there and will probably never stay there.

Bill

truthfully Bill,
I don't think Disney is marketing this to us "old" heads. by that I mean us folks who have been at the DVC thing for quite a while.

I really think they are looking for the newbie visitor who has been toying with the idea of DVC and loves the poly.

 

[dsneygirl]

truthfully Bill,
I don't think Disney is marketing this to us "old" heads. by that I mean us folks who have been at the DVC thing for quite a while.

I really think they are looking for the newbie visitor who has been toying with the idea of DVC and loves the poly.

And lots of people have no concept of what points used to sell for or that there even is a resale market.

 

[zavandor]

I struggle to understand who should be the target of these bungalow. A super rich who can afford them would not buy a timeshare.

 

[drusba]

I struggle to understand who should be the target of these bungalow. A super rich who can afford them would not buy a timeshare.

No one is the target for sales of the bungalows. Disney just wanted 20 on-the-lake bungalows it can rent out at high prices to renters who could be enticed to rent with the location on the lake and probably packages that include tickets, dining and even possibly for an extra charge use of concierge services at Poly. However, just building twenty bungalows to rent would have been an extremely risky endeavor. The costs were too much to build such units and then try to rent them and hope to recover your building costs. It also costs too much to maintain units like that on the water.

So what do you do? You add them to a DVC timeshare that is all studios where the target buyers are mostly those who can afford to buy only enough points for a studio or at most two studios. You make the points applicable to the bungalows extremely high to assure (a) you have a lot of extra points to sell to all those buying just to get studios so you not only recover your building costs but make a huge profit from sales, (b) you know you will be able to rent them for additonal profit because those timeshare purchasers won't be able to afford the points to stay in them, and (c) you have all those studio buyers pay in dues all the mantenance, repair, and property tax costs for the bungalows so that your rentals are just all profit with no maintenance costs, except you have to pay small and very limited percentage of your rentals to the association as "breakage" income. This is something Donald Trump likely wished he had thought of when building those expensive high rise hotels that went bad.

 

[michelleiada]

I was excited about the bungalows. We always stay in 2 bedroom villas but after seeing the point requirement to stay in one...I can say for sure we will never stay there! It's outrageous!