preliminary unconfirmed pricing information for new bungalows

[circus4u]

How much you can expect to pay for the new Bora Bora Bungalows at Disney's Polynesian Village Resort

Expect to pay between $2100 and $2900 per night, depending on season for a room only stay in one of the bungalows. For those members of Disney vacation Club, rates should be somewhere around $160/point, with between 841 and 1439 points needed for a week long stay varying by season.
http://www.wdwmagic.com/resorts/the...ows-at-disney's-polynesian-village-resort.htm

 

[clsteve]

So, as a non-DVC'er here, does that mean it's somewhere in the 180-230K buy-in range to get a decent week out of one of these...?

 

[lockedoutlogic]

So, as a non-DVC'er here, does that mean it's somewhere in the 180-230K buy-in range to get a decent week out of one of these...?

yes...

And it's kinda laughable. It would cost less at the four seasons in bora bora.

But remember - it's not about "a week" - that's not the right mindset to get effective use out of it.

 

[ArwenMarie]

Wow. Obviously knew they would be expensive, but wow.

I can't rationalize the price against Bay Lake Tower. It seems to be twice the price (cash per night from Disney price) with less square footage and less beds? Just crazy.

I also can't imagine coughing up that much cash to buy into DVC for one of these, holy moly.

 

[beer dave]

yes...

And it's kinda laughable. It would cost less at the four seasons in bora bora.

But remember - it's not about "a week" - that's not the right mindset to get effective use out of it.

Yes indeed--- I can't imagine anyone renting one of these, points or not. At 120 per night, my (our) actual cost at $8 a point is 960 a night. and that is about the lowest cost. I don't think I will ever stay in one. All buying will be wanting studios, and there will be a deficit of them even though there are 360.... because 1,000,000 points from the bungalows will have owners wanting to use them on studios. Changes are coming.

 

[clsteve]

yes...

And it's kinda laughable. It would cost less at the four seasons in bora bora.

But remember - it's not about "a week" - that's not the right mindset to get effective use out of it.

And there are 20 of these, right?

So, from Disney's perspective, if they can sell these to a 90% fulfillment....

They're looking at about 178-189 million in up front cashiola.

Not bad for 20 shoulder-to-shoulder condos over a dredged swamp lake......

 

[lockedoutlogic]

Yes indeed--- I can't imagine anyone renting one of these, points or not. At 120 per night, my (our) actual cost at $8 a point is 960 a night. and that is about the lowest cost. I don't think I will ever stay in one. All buying will be wanting studios, and there will be a deficit of them even though there are 360.... because 1,000,000 points from the bungalows will have owners wanting to use them on studios. Changes are coming.

Bingo...


This to me is just a giant leap on the path they have been on - which is to try and get DVC to reposition itself to only "upper class/luxury" clientele.

To purchase that contract and use the bungalows...you would have to have much more disposable cash than was required with DVC 5,10,15,20 years ago. And that's not "inflation" because the percentages of price increases and point cost per room are way off the charts.

It could be that they haven't seen the spending they want out of DVC travelers (I'm sure that's in the eye of the beholders)...but I think they just are too proud of themselves.

They want $500K and up earners... And that would be fine - except for one secret that ONLY I know...

Psssst!....hey, Disney,
You're still running amusement parks and you don't DO "luxury"...
Especially since you're chosen to streamline service and costs to increase profits... You know...starting about 20 years ago...

I won't tell anyone if you don't increase the price of my park hopper...

 

[lockedoutlogic]

And there are 20 of these, right?

So, from Disney's perspective, if they can sell these to a 90% fulfillment....

They're looking at about 178-189 million in up front cashiola.

Not bad for 20 shoulder-to-shoulder condos over a dredged swamp lake......

I wasn't gonna say that...but since you put it out there...I'll cop to Thinking it.

Just as an FYI...my seven year old asked this morning when we were going to Disney world...I told him we have nothing planned ( first time in 10 years I might add). And he asked if we could go to the "Donald duck hotel"

Saratoga...with the Donald Duck splash pad at the pool.
A relative "cheap" DVC place that's always available and we never go.

I asked him about bay lake and boardwalk...my preferred...and he said "nah"

The reason I say this is maybe Disney just doesn't get it anymore...at least me and possibly the traditional east coast market...

It's not about "family memories" anymore...as Saratoga or animal Kingdom would do...those bungalows at the poly are about "vanity"...not relaxation or family time.

Disney would not want to escalate into money wars for societal standing... Which they already are doing.
If there is a really big economic problem... That strategy may bite them on the hand...

I can see it now... "Stay at select DVC villas resort for Up to 90% off"

You know?...the "depression magic package"

 

[rmcildw2m]

Maybe I am too cheap or maybe to much common sense but I would never pay that . NO room on Disney property is worth that to me . And hey I LOVE my Disney thinking and wishing about going all the time. but the cost of something like that don't make any sense at all.

 

[rmcildw2m]

Amen we as owners who still have to work for a living so we can afford to go use our DVC WILL AT SOME POINT SAY HEY ITS TO EXPENSIVE IN HERE LET ME OUT .

 

[TXAKDisneyFan]

yes...

And it's kinda laughable. It would cost less at the four seasons in bora bora.

But remember - it's not about "a week" - that's not the right mindset to get effective use out of it.

More than kinda. Our overwater bungalow in Bora Bora cost about $1,000 per night, plus meals and transportation from the airport (~$50). At an average of $2,500 a night for the Poly bungalows ($17,500 a week), one would save a good chunk of change by going to Bora Bora for a week, including flights (our flights from LA, including significant stops in Australia, New Zealand, and Hawaii, cost around $1,700 pp rt).

 

[lockedoutlogic]

More than kinda. Our overwater bungalow in Bora Bora cost about $1,000 per night, plus meals and transportation from the airport (~$50). At an average of $2,500 a night for the Poly bungalows ($17,500 a week), one would save a good chunk of change by going to Bora Bora for a week, including flights (our flights from LA, including significant stops in Australia, New Zealand, and Hawaii, cost around $1,700 pp rt).

I wish there was a way I could take your post, have it sculpted in bronze 10 ft tall, and place on the lawn outside the DVC checkout counters at saratoga

 

[beer dave]

I wish there was a way I could take your post, have it sculpted in bronze 10 ft tall, and place on the lawn outside the DVC checkout counters at saratoga

Yeah, this one is over the edge for me. The bungalows are like a brilliantly masked SSR.... flooding the owners pool with points that instead of having low desired accommodations (sorry to those who love SSR) have no accommodations.... increasing demand across the boards. The points for the bungalows are 25 percent or more of the total points for the Poly.... in only 20 rooms, leaving one out of four studio purchasers with out a room. Tell me one out of four people buying poly are going to buy for the bungalows. Go ahead, tell me that...

And I really liked your personal story of your child...one of the main reasons we go... If only there were more Donald Duck DVC's......

 

[wallrock]

So, as a non-DVC'er here, does that mean it's somewhere in the 180-230K buy-in range to get a decent week out of one of these...?

I guess for that kind of money you might as well buy a home in central Florida and visit the park anytime.


I'm waiting for the inevitable "well they're next to the monorail" or "no one is making you pay it" argument to strike up. It's going to be hard to justify this one.

lockedoutlogic summed it up best: It's vanity, it ain't a vacation.

 

[Laketravis]

If this is true, it speaks to a larger overall shift in philosophy that I find utterly disappointing.

 

[Laketravis]

I guess for that kind of money you might as well buy a home in central Florida and visit the park anytime.

Excellent point - here's a single family home right behind the MK for $225K:

For Sale

I also find it somewhat interesting that the majority of properties currently on the market in that area are foreclosures.

 

[TheRustyScupper]

. . . Expect to pay between $2100 and $2900 per night, depending on season for a room only stay in one of the bungalows. For those members of Disney vacation Club, rates should be somewhere around $160/point, with between 841 and 1439 points needed for a week long stay varying by season . . .

P.T. Barnun lives !!!

 

[lockedoutlogic]

P.T. Barnun lives !!!

It would seem

 

[clsteve]

I guess for that kind of money you might as well buy a home in central Florida and visit the park anytime.


I'm waiting for the inevitable "well they're next to the monorail" or "no one is making you pay it" argument to strike up. It's going to be hard to justify this one.

lockedoutlogic summed it up best: It's vanity, it ain't a vacation.

No doubt.

But a 250K patio home doesn't come with the "bling" factor these do.

Lockedout's spot on with the vanity point (plus further stratification of guest levels based on income) and I'll be very surprised if they have any issues at all selling these.

Their target market is much larger than many realize when you look at it internationally.

And with just 20 highly visible units - they give that psychological "I've made it, you didn't" boost that many (unfortunately) strive for.

Way more of an ego boost than a GF 2 bedroom - everybody can catch a glimpse of you while you're sipping cocktails during Wishes in your private pool.....

 

[lockedoutlogic]

Excellent point - here's a single family home right behind the MK for $225K:

For Sale

I also find it somewhat interesting that the majority of properties currently on the market in that area are foreclosures.

The Orlando "market" (I have an Interest) is bizarre...

They dumped the phoney houses immediately onto the bank market In 08-09...allowing them to clear and rebound and have a nice 12-present move back towards a reasonable equilibrium.

That as opposed to my market - where people held out to "not lose money"...also know as hoping to score a sale price that there house was never gonna be worth.

It was a slight sunbelt advantage.

But nothing had changed in the mom and pop housing market in Orlando...nobody builds a livae life there with a home...there's no money in the job market. In order to be comfortable you better have it first before relocation. That's a generalization...but it statistically holds.

The market seems to be sputtering/stagnating.
Another bubble pop (Europe, Asia, college debt, consumer debt, wealth gap...take your pick) will destroy the housing market there within a matter of weeks. Takes years to even hope to rebuild.

Just like Disney's own employees...they got crushed in the early 2000 downswing...went in deep in the housing bubble...got stuck there without a net...and now aren't anywhere better off...always getting less of the pie due to "market forces".

Such is economic life when you get 340 days a year of sun... Now back to your regularly scheduled programming.

Ps...I bet there are idiot construction companies all over Orlando right now with cranes everywhere - preparing for a "southern Influx" that ended now decades ago.