Poly1 v (?) Poly 2

[RoseGold]

Lack of ROFR leads me to think this might be the same association.

There's no way they would be selling the Poly2 pitch without enough points to sell Poly1, which is of course totally different.

They would have to buy up Poly1, which would be the opposite of the VGF strategy.

 

[Paul Stupin]

Lack of ROFR leads me to think this might be the same association.

There's no way they would be selling the Poly2 pitch without enough points to sell Poly1, which is of course totally different.

They would have to buy up Poly1, which would be the opposite of the VGF strategy.

I think it means the opposite. Poly2 will be priced competitively enough to steer buyers away from Poly1, which is why I wouldn’t buy it right now. DVC’s focus will be on recouping the new tower’s hundred+ million dollar construction costs, without some side hustle deflecting buyers to the older property next door. All the more reason to think it will be a new association.

 

[StoweFoSho]

I think it means the opposite. Poly2 will be priced competitively enough to steer buyers away from Poly1, which is why I wouldn’t buy it right now. DVC’s focus will be on recouping the new tower’s hundred+ million dollar construction costs, without some side hustle deflecting buyers to the older property next door. All the more reason to think it will be a new association.

The new points can be priced however DVD wants, the true measure of competitive for the Poly2 project will be the points chart. VGF was a cheap remodel. The Tower will not be cheap, but it doesn’t automatically mean a new association. To make more profit all DVD has to do is change the denominator and they can keep the price per point the same.

And even if Poly2 is a new association there’s still going to be a market for Poly1 just like there was a market for BRV while CCV was sold. Poly 1 will be the laid back, original, poly vibe and the tower will be the hustle and bustle. Also wouldn’t be surprised if the studios in the tower were built to only sleep 4 or have other features to differentiate from the longhouses.

Poly1’s value would be at greater risk if Poly 2 is the SAME association because then there’s no competitive advantage of those points.

 

[Sandisw]

I think it means the opposite. Poly2 will be priced competitively enough to steer buyers away from Poly1, which is why I wouldn’t buy it right now. DVC’s focus will be on recouping the new tower’s hundred+ million dollar construction costs, without some side hustle deflecting buyers to the older property next door. All the more reason to think it will be a new association.

I agree. Buying back gives them more points to sell if it’s attached to Poly tower

I think it’s too early anyway. But just seeing the recent numbers…granted it’s one month…they can play the long game and keep restrictions in play.

It makes little sense to keep it the same because, as you say, it’s a multimillion project…not a quick flip that VGF was.

 

[PolynesianPip]

I still feel like the new tower will rely on Poly 1 studios in order to pitch a full array of available types of accommodations— this makes me think it will be an expansion of offerings rather than a new association.

I know Poly has existed as essentially a studios only DVC resort but I would think this decision would fix that problem rather than create the same problem in another Poly association.

 

[bbeagle]

When booking a Poly DVC, the wording refers to the new Poly building as an 'expansion' of Poly. This, to me, means the same association.

 

[wnielsen1]

When booking a Poly DVC, the wording refers to the new Poly building as an 'expansion' of Poly. This, to me, means the same association.View attachment 682421

Expansion of what? Circle the next several words too. It doesn’t say expansion of Polynesian Villas & Bungalows.

 

[PolynesianPip]

Expansion of what? Circle the next several words too. It doesn’t say expansion of Polynesian Villas & Bungalows.

Here’s the language from the original announcement:

“It’s no secret that our Members and Guests love the monorail resorts at Walt Disney World,” said Bill Diercksen, senior vice president and general manager of Disney Vacation Club. “Expanding our Disney Vacation Club offerings at the Polynesian would give our Members and Guests yet another incredible option for staying close to the magic while making vacation memories that last a lifetime.”

 

[wnielsen1]

Here’s the language from the original announcement:

“It’s no secret that our Members and Guests love the monorail resorts at Walt Disney World,” said Bill Diercksen, senior vice president and general manager of Disney Vacation Club. “Expanding our Disney Vacation Club offerings at the Polynesian would give our Members and Guests yet another incredible option for staying close to the magic while making vacation memories that last a lifetime.”

Exactly, it is an expansion of the Polynesian resort, not necessarily the existing villas association. Whether it is a new association or added to the existing one, it will be located on the existing resort.

 

[bbeagle]

Exactly, it is an expansion of the Polynesian resort, not necessarily the existing villas association. Whether it is a new association or added to the existing one, it will be located on the existing resort.

So we know that the new building won't be a new resort - it won't be called the 'Chapek Resort at Bay Lake'.

It will be part of the Polynesian resort. So, it's still up in the air what 'expansion' means? Expansion could mean expansion of the current DVC, or expansion could mean creation of a SECOND DVC at the same resort? 2 DVCs at the SAME resort would be a first if that's the case.

 

[Memorymakerfor4]

So we know that the new building won't be a new resort - it won't be called the 'Chapek Resort at Bay Lake'.

It will be part of the Polynesian resort. So, it's still up in the air what 'expansion' means? Expansion could mean expansion of the current DVC, or expansion could mean creation of a SECOND DVC at the same resort? 2 DVCs at the SAME resort would be a first if that's the case.

BR and CCV are at the same resort so it’s been done. Granted, their expiration dates are more than 20 years apart, so it was easy to understand why DVC did it that way.

 

[Sandisw]

When booking a Poly DVC, the wording refers to the new Poly building as an 'expansion' of Poly. This, to me, means the same association.View attachment 682421

Notice it says at Disneys Poly Village Resort….that is the hotel side. DVC is Poly Villas…iMO, the fact that are not saying an expansion of the villas means it’s not clear and seems more it’s a new one and not attached to the old.

 

[Sandisw]

Here’s the language from the original announcement:

“It’s no secret that our Members and Guests love the monorail resorts at Walt Disney World,” said Bill Diercksen, senior vice president and general manager of Disney Vacation Club. “Expanding our Disney Vacation Club offerings at the Polynesian would give our Members and Guests yet another incredible option for staying close to the magic while making vacation memories that last a lifetime.”

That wording of “another option” could also mean another DVC resort….it’s why everything can be explained depending on how you want to see it.

If they wanted it to be clear it’s part of the current Poly, they would have said so, just like VGF…which is the most recent project announced,

Since they did not, and much of the language just refers to the Poly Village Resort…which is the cash side…it means it’s either new, or they have not yet decided which way to go..but lack of the wording on the DVC website referring it to Poly villas means they don’t want it interpreted in anyway that it will definitely be part of Poly 1.

The language for construction is there for Grand Floridain too which is undergoing construction no longer related to DVC.

 

[DVChris]

VGF stopped selling direct for about a year prior to the announcement of VGF2 to build up demand for when the new building went on sale. Wouldn't they do the same with Poly if it was the same association?

 

[Sandisw]

VGF stopped selling direct for about a year prior to the announcement of VGF2 to build up demand for when the new building went on sale. Wouldn't they do the same with Poly if it was the same association?

I would think they would. They had only about 10 months between announcement and sales starting. Since this isn’t slated to go on sale until 2024, I wouldn’t expect that to start until next year. And by then , I think they will have announced which way it is going.

 

[Genie+]

Why aren’t they giving more details at this time?

Is it for keeping their options open? Or some advantage in keeping potential buyers guessing?

 

[lovethesun12]

The new points can be priced however DVD wants, the true measure of competitive for the Poly2 project will be the points chart. VGF was a cheap remodel. The Tower will not be cheap, but it doesn’t automatically mean a new association. To make more profit all DVD has to do is change the denominator and they can keep the price per point the same.

And even if Poly2 is a new association there’s still going to be a market for Poly1 just like there was a market for BRV while CCV was sold. Poly 1 will be the laid back, original, poly vibe and the tower will be the hustle and bustle. Also wouldn’t be surprised if the studios in the tower were built to only sleep 4 or have other features to differentiate from the longhouses.

Poly1’s value would be at greater risk if Poly 2 is the SAME association because then there’s no competitive advantage of those points.

Interesting point. This is another part of the reason I think I would just keep my original contract and not look into a direct purchase if they are different associations.

If they are separate associations, in terms of resale the poly1 contract could potentially be more valuable for those interested in studios since there would be less restrictions after selling.

 

[StoweFoSho]

Why aren’t they giving more details at this time?

Is it for keeping their options open? Or some advantage in keeping potential buyers guessing?

I think it’s because they don’t know what they want to do yet. There are examples of same association additions and there are examples of new association additions.

They also only have one data point on a resort with resale restrictions and not that many resales of that resort.

 

[Paul Stupin]

I think it’s because they don’t know what they want to do yet. There are examples of same association additions and there are examples of new association additions.

They also only have one data point on a resort with resale restrictions and not that many resales of that resort.

I think VDH will open with restrictions, and sales will be healthy. And after Riviera and VDH, I just don’t see them abandoning the strategy of restrictions attached to major new construction, so I think we’ll see them with the new Poly Tower. They’re playing the long game.

 

[Parkhopstacker]

We plan to buy into Poly but here is our approach: Wait to see what this tower is going to be like. Will we like it, the pools the amenities, the rooms, etc.

If we like it and want to be a part of the tower then we buy into whatever the association allows. If we can get into it through resale then we do that. If we have to do direct, then we do that. It’s pretty simple. But it starts first with figuring out if we like the place first.

Put your money where your heart is and most of the time you’ll be happy. (Throw in a small bit of your brain but not too much!)