- Nov 26, 2018
They didn't use the banked points as an excuse, directly, It was me that brought it up. I highlighted that sure with banked points it is possible to fill all the rooms (because of their increased lock-off premium) but that eventually if that persists then each year as lock-offs are booked seperately there will be less and less banked points in the system. This is when I got them to agree at some point if the 2020 point charts existed in a similar fashion breakage would possibly increase (once borrowing was exhausted too). My point is I wanted to show that I was able to get them to admit the truth while they weren't really directly lying but rather omitting points (lying by omission) in their statement breakage wouldn't increase, which was likely true for a few years.Banked points or not it doen't matter though. They sold points to fill the resort every year. That they are either acting ignorantly of that fact or if they are trying to justify a decision that will benefit management with a "at members request" line is unknown but we know what the result would have been. The question is just if they hoped nobody outside of DVC would know and considering that they at first seemed to believe information of resort and unit size was proprietary I unfortunately lean a little more heavily towards the part they hoped nobody would be able to calculate what would happen. What year they would have gotten the windfall was just a matter of when because of the banking/borrowing.
Now if the system does get a glut of banked points eventually they will have to limit banking like they did in the very beginning of DVC. But that is another discussion and likely will happen as resorts get closer to expiration.