preliminary unconfirmed pricing information for new bungalows

[rteetz]

Personally I believe that's their long term plan, at least for the deluxe properties.

Yes I could very well see the deluxes becoming that way, the moderates and values I have a harder time seeing that happen. I still don't think yacht gets DVC because of convention clientele tho.

 

[Aurora0427]

And yelling at the boats to "get off my lawn".

I just spit out my drink. Thank you. I needed a laugh. Best. Line. Ever.

 

[Aurora0427]

Are the studios at the Poly priced even higher than the VGF?

 

[lockedoutlogic]

Are the studios at the Poly priced even higher than the VGF?

Yes...
And there have been some rumblings of lack of availability not going over well.

So Disney's move will be to convert more existing GF buildings (which was almost always a given), and load them with studios...or increase the point costs...you know "supply and demand"

 

[beer dave]

Yes...
And there have been some rumblings of lack of availability not going over well.

So Disney's move will be to convert more existing GF buildings (which was almost always a given), and load them with studios...or increase the point costs...you know "supply and demand"

You know, it will be interesting to see what happens in 42.... If this trend follows, will they fit out OKW, BWV, and BCV to all studios? .... Then they can re sell all of it...... With some rooms on the lake..... Can they charge points for the cabanas?

 

[clsteve]

I think the bungalows are an experiment and provide an option. There only have to be 1000-2000 families booking these a year out of the whole DVC owner base.

It's really a no lose experiment for Disney though, right?

Again not a DVC'er, but I'm assuming it works like the rest of the industry with all of the PVB buyers "owning" the property. Therefore all of them are paying for the build and the ongoing maintenance - including the Bungalows.

So technically, it didn't cost P&R to build them, nor does it cost anything for them to maintain them since the Bungalow points are just in the PVB points pool.

However, I'm assuming they get to keep the majority of nightly rental income while paying back a stipend or whatever the points matrix for shows for the maintenance, etc., for those rented nights. Almost free money for P&R

I'm guessing that's the case and correct me if I'm wrong.

But really, that puts it heavily in the Disney win column and would be a deal breaker for me....

 

[lockedoutlogic]

Are the studios at the Poly priced even higher than the VGF?

Sorry...I read that wrong at first...

I believe that GF is still higher...

There has always been an "unofficial" policy that the grand must have a higher charge no matter what...I bet that extends to DVC as well. But i haven't done a side by side comparison.

The demand for rack rooms at poly has always been higher...but they don't let the price move ahead as good economics would dictate.

The reason is likely weddings and a high end convention business - which they use the pretty candy cane buildings to sell as a bundle.
And the "perception" of higher quality/service

 

[nkosiek]

Are the studios at the Poly priced even higher than the VGF?

Not point per night, they are identical.

clsteve]It's really a no lose experiment for Disney though, right?

Again not a DVC'er, but I'm assuming it works like the rest of the industry with all of the PVB buyers "owning" the property. Therefore all of them are paying for the build and the ongoing maintenance - including the Bungalows.

So technically, it didn't cost P&R to build them, nor does it cost anything for them to maintain them since the Bungalow points are just in the PVB points pool.

However, I'm assuming they get to keep the majority of nightly rental income while paying back a stipend or whatever the points matrix for shows for the maintenance, etc., for those rented nights. Almost free money for P&R

I'm guessing that's the case and correct me if I'm wrong.

But really, that puts it heavily in the Disney win column and would be a deal breaker for me....

That's exactly how it works. This was fantastic business by Disney but that does not mean it was fantastic for the consumer.

 

[lockedoutlogic]

It's really a no lose experiment for Disney though, right?

Again not a DVC'er, but I'm assuming it works like the rest of the industry with all of the PVB buyers "owning" the property. Therefore all of them are paying for the build and the ongoing maintenance - including the Bungalows.

So technically, it didn't cost P&R to build them, nor does it cost anything for them to maintain them since the Bungalow points are just in the PVB points pool.

However, I'm assuming they get to keep the majority of nightly rental income while paying back a stipend or whatever the points matrix for shows for the maintenance, etc., for those rented nights. Almost free money for P&R

I'm guessing that's the case and correct me if I'm wrong.

But really, that puts it heavily in the Disney win column and would be a deal breaker for me....

The "deal" for the buyer was that for about the first 15 years or so...the upfront cost... And per point rentals on the older properties... Offered a significant, real reduction of the "cost"
Of rooms compare to the out of pocket to by at rack..say at boardwalk.

That upfront cost was largely fixed. As opposed to the rack rates with increased 3-8% minimum on average over the last 30 years. You were literally getting a bigger discount every year.

But...BIG BUT...when the point launched upward from $100 per and have continued to barrel towards $200 and above...it's outpacing even Disney's rack inflation (always much higher than it should be anyway).

Add the point per room increases... And you're eroding what you (we...I ) got years ago.

The bay lake 2 br has a view of the castle and 3 bathrooms in the two bedroom? Double the points as Saratoga

The grand Floridian studio has a Mary poppins pull down for a 7 year old and sleeps 5? Double the cost of old key west

It WAS a good deal.

I couldn't recommend it anymore to a friend... And I had for 10 years. I can only recommend resale even at its sacrifice.

 

[clsteve]

Well folks, this has been an education.

And we non-DVC'ers greatly appreciate it. I know I do. With the real data now out, PVB sure gives a lot of credence to that strategic shift in the lodging footprint that's been hinted at and we've talked about- DVC and basic P&R.

But, armed with all this data and info - are they still giving out free meal vouchers and tchotchke's for sitting through a DVC Sales Pitch?

I'm down in Orlando next week and, sad to say, I'll admit to "trolling" a few timeshare dog and pony's for the free stuff and a little sales rep-baiting back in the day....

 

[sfbntpc]

Tikiman announced today that if you live in California and are a DVC member you can't buy poly DVC. They will not allow California DVC reps to even talk about it or answer questions. Those in California have to go to Hawaii or Florida to purchase.

My DVC guy called me yesterday because I told him a while back that we may be interested (not now though) and as he was confirming my husbands email to send us the new DVC brochure which includes the Polynesian (and it has a link to the prices for the regular hotel and the cost/points for DVC), he had to make sure he was in VA because they had not been cleared to sell in certain states yet.

Also the price and points from the original post were spot on!!!

 

[Planogirl]

I'm picturing a WDW with nothing but DVC and wondering what kind of racket Disney will dream up after that. It's sad to be so cynical.

I agree that the Budget resorts wouldn't likely be a part of that. Moderates actually could though...

 

[disneynutz]

I'm picturing a WDW with nothing but DVC and wondering what kind of racket Disney will dream up after that. It's sad to be so cynical.

I agree that the Budget resorts wouldn't likely be a part of that. Moderates actually could though...

Never, that is against the Disney DVC plan. The Poly studios are a step up for the Poly faithful and Disney wants to convert them to DVC.

There is plenty of land and ideas to keep DVC building the next best thing for years to come.

Bill

 

[lockedoutlogic]

Never, that is against the Disney DVC plan. The Poly studios are a step up for the Poly faithful and Disney wants to convert them to DVC.

There is plenty of land and ideas to keep DVC building the next best thing for years to come.

Bill

Gonna have to disagree...

In the case of a studio - a fridge, microwave, and an annual maintenance fee is not a "step up" from a daily housekeeper.

And the bungs are not a good value for the cost Invested... So "step up" applies much more to the other dvcs than this one.

You can say the contract provided more value...but not a "step up" in many cases.

And if you look at the "plenty of room, plenty of ideas"...I'm gonna have to disagree there as well.

Kidani I guess qualifies...but the last "new" DVC built in Orlando prior was boardwalk and OKW...

They have only done converts and add ons... Pretty easy to see why...
They don't want the overhead of services and employees...so you just crowd the existings...

DVC already cuts responsibility...add ons do it x2...converts x3.

We're not even close to "new ideas"...

Now...id love to see a new spot somewhere near MGM...maybe the "entrance" type hotel that is features beautifully overseas..
But that's along way away and may never happen.

 

[a1tinkfans]

Do elaborate...??

I think the price is laughable. Yes, they'll be some that pay for it but just because some will, does not make it any Less laughable to me. I think it's a crazy waste of money. Simply, crazy!

 

[lockedoutlogic]

I think the price is laughable. Yes, they'll be some that pay for it but just because some will, does not make it any Less laughable to me. I think it's a crazy waste of money. Simply, crazy!

Ok...I just wanted it "fleshed out" a little... For the sake of debate.

No problem

 

[Aurora0427]

Sorry...I read that wrong at first...

I believe that GF is still higher...

There has always been an "unofficial" policy that the grand must have a higher charge no matter what...I bet that extends to DVC as well. But i haven't done a side by side comparison.

The demand for rack rooms at poly has always been higher...but they don't let the price move ahead as good economics would dictate.

The reason is likely weddings and a high end convention business - which they use the pretty candy cane buildings to sell as a bundle.
And the "perception" of higher quality/service

Thank you!
Are they having trouble selling VGF? We looked at buying last year, but decided against the commitment. I imagine the Poly will sell quickly- this may be a stupid question, but is there a way they could've sold the Poly studios and bungalows separately to avoid the studio availability problem I read about on this thread? Forgive me- I'm not completely sure as to how DVC works because we didn't get very far in the process, but that just seems dishonest.

 

[lockedoutlogic]

Thank you!
Are they having trouble selling VGF? We looked at buying last year, but decided against the commitment. I imagine the Poly will sell quickly- this may be a stupid question, but is there a way they could've sold the Poly studios and bungalows separately to avoid the studio availability problem I read about on this thread? Forgive me- I'm not completely sure as to how DVC works because we didn't get very far in the process, but that just seems dishonest.

No...grand Floridian is selling out at record pace.

Poly may do better...

But the grand Floridian is a "small addition" by today's standards...as it has I think 190 units...

Poly is 360 plus the aforementioned premium bungalows

 

[mkunichi]

is there a way they could've sold the Poly studios and bungalows separately to avoid the studio availability problem I read about on this thread? Forgive me- I'm not completely sure as to how DVC works because we didn't get very far in the process, but that just seems dishonest.

A DVC's owner's timeshare interest neither guarantees an owner a particular unit for a particular week of the year. Nor does it obligate them to take a particular unit in a particular week of the year every year.

Most view this flexibility as a plus and I think that many timeshare companies have moved to this model because owners find it very convenient.

Also note that with VGF and PVB (and Aulani), prospective buyers have the option of purchasing a guaranteed week in a particular room size/type. They can also cancel their guaranteed week and have the points back to use like a "normal" owner as well. It does "cost" an extra 10% in points for a guaranteed week.

I wouldn't say that DVC management is dishonest in this, they are just taking a chance that their bet that these bungalows will be attractive to members is incorrect. As others have said, though, it's the owners who are taking on the risk, not DVC management. And the risk isn't really as bad as everyone makes it out to be because if no members book the bungalows with their points then DVC management will adjust the point chart for PVB and make the bungalows cheaper and the studios more expensive.

And if that doesn't work then we'll end up with another SSR where a lot of owners book away from SSR which often leaves SSR inventory the only inventory available for last-minute bookings. In this case the Poly bungalows would be available well into the 7-month window.

But no one really knows what will happen and I don't think DVC management would have built the bungalows if they really thought that no one would book them. It's much more likely that they just made a bad call. It's probably just as likely that the bungalows will be popular and it's the posters on this board who are making the bad call. lol

For reference here's the total points per resort that I got from another board:

SSR: 15 million
AKO: 11.5 million
AKV: 7.5 million
OKW: 7.5 million
BLT: 5.67 million
BWV: 5 million
PVB: 4 million?
BCV: 3 million
VGF: 2.5 million
VWL: 2 million
HH: 1.5 million
VB: 1.5 million
VGC: 1 million

 

[beer dave]

A DVC's owner's timeshare interest neither guarantees an owner a particular unit for a particular week of the year. Nor does it obligate them to take a particular unit in a particular week of the year every year.

Most view this flexibility as a plus and I think that many timeshare companies have moved to this model because owners find it very convenient.

Also note that with VGF and PVB (and Aulani), prospective buyers have the option of purchasing a guaranteed week in a particular room size/type. They can also cancel their guaranteed week and have the points back to use like a "normal" owner as well. It does "cost" an extra 10% in points for a guaranteed week.

I wouldn't say that DVC management is dishonest in this, they are just taking a chance that their bet that these bungalows will be attractive to members is incorrect. As others have said, though, it's the owners who are taking on the risk, not DVC management. And the risk isn't really as bad as everyone makes it out to be because if no members book the bungalows with their points then DVC management will adjust the point chart for PVB and make the bungalows cheaper and the studios more expensive.

If someone straps themselves and buys enough points for a week stay in a studio and the points may increase in the future by 10%, I consider that a fairly large risk.

And if that doesn't work then we'll end up with another SSR where a lot of owners book away from SSR which often leaves SSR inventory the only inventory available for last-minute bookings. In this case the Poly bungalows would be available well into the 7-month window.

Can't compare in any way to SSR.... they are empty because of low buy in for longer term of ownership compared to the older resorts, and less desirability. When the bungalows are empty it will be due to planned exclusivity. Poly studios will be booked before the 7 month window , and no one will buy planning to stay in the bungalows more then a couple nights once for the experience.

But no one really knows what will happen and I don't think DVC management would have built the bungalows if they really thought that no one would book them. It's much more likely that they just made a bad call. It's probably just as likely that the bungalows will be popular and it's the posters on this board who are making the bad call. lol

For reference here's the total points per resort that I got from another board:

Thanks for the chart. Wow my guess of 65 m was really close! 67.67m