preliminary unconfirmed pricing information for new bungalows

[Andrew015]

Would someone explain the point vacuum to me?

In a nutshell, there are 360 studios and 20 bungalows at the Poly. The bungalows make up only 5% of the available rooms, but ~25% or more of the "points" being sold for the resort. Essentially, 99% of the people buying the Poly will never be able to afford to stay in the bungalows, so there is going to be a significant disparity between the # of owners trying to book their studios and the # of studios available. In a nutshell, Disney has artificially increased demand by manipulating supply. Most prospective DVC buyers will never pick up on this, but it is a very calculated (and in my opinion, incredibly deceitful) strategic play.

 

[ArwenMarie]

In a nutshell, there are 360 studios and 20 bungalows at the Poly. The bungalows make up only 5% of the available rooms, but ~25% or more of the "points" being sold for the resort. Essentially, 99% of the people buying the Poly will never be able to afford to stay in the bungalows, so there is going to be a significant disparity between the # of owners trying to book their studios and the # of studios available. In a nutshell, Disney has artificially increased demand by manipulating supply. Most prospective DVC buyers will never pick up on this, but it is a very calculated (and in my opinion, incredibly deceitful) strategic play.

Ah, ok. Right, because when you buy points, you buy them at a home resort but not necessarily for a type of unit. That makes sense.

So where will those Poly owners book if they can't get studios? Will they have to book at other resorts, but they will have paid a Poly price for the points?

I guess I'm wondering what is deceitful about this in your opinion.

 

[beer dave]

In a nutshell, there are 360 studios and 20 bungalows at the Poly. The bungalows make up only 5% of the available rooms, but ~25% or more of the "points" being sold for the resort. Essentially, 99% of the people buying the Poly will never be able to afford to stay in the bungalows, so there is going to be a significant disparity between the # of owners trying to book their studios and the # of studios available. In a nutshell, Disney has artificially increased demand by manipulating supply. Most prospective DVC buyers will never pick up on this, but it is a very calculated (and in my opinion, incredibly deceitful) strategic play.

Couldn't have said it better myself..... and then the poly overflow will be booking at the 7 month window, competing for our existing rooms.....but don't worry--- it's only a million points. If the rest of the DVC's average 33% studios (?)(guessing), then there are about 25 million current studio points out there (rounding and guestimating) So the increase is only about 4 percent.......

 

[Andrew015]

Ah, ok. Right, because when you buy points, you buy them at a home resort but not necessarily for a type of unit. That makes sense.

So where will those Poly owners book if they can't get studios? Will they have to book at other resorts, but they will have paid a Poly price for the points?

I guess I'm wondering what is deceitful about this in your opinion.

What is deceitful about this is that you are paying big dollars ($160/point) for the privilege of being able to book your home resort 8-11 months in advance. There's a real chance that Poly owners may not be able to reserve a room in their advanced, home resort booking window as a result of this "point vacuum", for lack of better terms. If this happens, these owners, who are paying a significant premium for the Poly, will be left to try and book other resorts at the 7-month window. I'm going to feel pretty bad for those that get "sucked in" to the Poly at $160/pt and are sometimes relegated to Saratoga Springs, which can be purchased for $70/pt resale any day of the week.

 

[ArwenMarie]

What is deceitful about this is that you are paying big dollars ($160/point) for the privilege of being able to book your home resort 8-11 months in advance. There's a real chance that Poly owners may not be able to reserve a room in their advanced, home resort booking window as a result of this "point vacuum", for lack of better terms. If this happens, these owners, who are paying a significant premium for the Poly, will be left to try and book other resorts at the 7-month window. I'm going to feel pretty bad for those that get "sucked in" to the Poly at $160/pt and are sometimes relegated to Saratoga Springs, which can be purchased for $70/pt resale any day of the week.

Ok, makes sense now. It's the super-premium price of Poly points that is the zinger. Wow.

Deceitful is right, I agree.

 

[Andrew015]

Ok, makes sense now. It's the super-premium price of Poly points that is the zinger. Wow.

Deceitful is right, I agree.

It's really not so much the price (which is absurd in its own right), but it's more so the notion that you're paying this significant premium for the ability to book the Poly, and you might not even get that privilege.

 

[rteetz]

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.

 

[lockedoutlogic]

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.

Lol...
To attempt to force sales at joe rohde's "fake Hawaii on real Hawaii"...

Or to discourage the Disneyland/nostalgia types from gobbling up the points at "walts Florida hotel"

Either way... They should be flogged.

 

[rteetz]

Lol...
To attempt to force sales at joe rohde's "fake Hawaii on real Hawaii"...

Or to discourage the Disneyland/nostalgia types from gobbling up the points at "walts Florida hotel"

Either way... They should be flogged.

I guess it has to do with the fact that disneyland DVC is completely sold out and Hawaii and WDW are not.

 

[lockedoutlogic]

And I must say...

Andy, Dave, Pete, et al, you have done a fantastic job explain all this and the nuance.

I wish those on the "how magical is POR?!?"
And "only 45 days till my 180 day dining window opens up!!!" Threads that accuse those like me as "hateful" would read all this and see its really driven by affection and to protect what we can of what we have paid for, invested...it's our memories/future too

Because the bus is still barreling toward the overpriced cliff in the swamp. And while
We're on it...I know I'm not driving it.

 

[wallrock]

What is deceitful about this is that you are paying big dollars ($160/point) for the privilege of being able to book your home resort 8-11 months in advance. There's a real chance that Poly owners may not be able to reserve a room in their advanced, home resort booking window as a result of this "point vacuum", for lack of better terms. If this happens, these owners, who are paying a significant premium for the Poly, will be left to try and book other resorts at the 7-month window. I'm going to feel pretty bad for those that get "sucked in" to the Poly at $160/pt and are sometimes relegated to Saratoga Springs, which can be purchased for $70/pt resale any day of the week.

Forgive the ignorance as I'm not a DVC owner, nor will I pretend to fully understand the point concept (although I've picked up a base knowledge in this and other threads), but if owners aren't able to reserve a room at their home resort (Polynesian) would this signal a desire by the suits to simply convert more of the resort to DVC? And perhaps sell even more?

Two items that I feel they want to do anyway...

 

[lockedoutlogic]

Forgive the ignorance as I'm not a DVC owner, nor will I pretend to fully understand the point concept (although I've picked up a base knowledge in this and other threads), but if owners aren't able to reserve a room at their home resort (Polynesian) would this signal a desire by the suits to simply convert more of the resort to DVC? And perhaps sell even more?

Two items that I feel they want to do anyway...

Yes...and it's coming...

But that does nothing to eliminate the crunch that could be felt by the poly or other existing owners...

Assigning a "value" to To those bungalows roughly double the larger treehouses at Saratoga is reckless...

And it's not like their "considerable research"
Is always right either...
Saratoga is still a huge miscalculation that turned alot of people off...that's a loss of business anyway you slice it.

 

[wallrock]

Yes...and it's coming...

But that does nothing to eliminate the crunch that could be felt by the poly or other existing owners...

Assigning a "value" to To those bungalows roughly double the larger treehouses at Saratoga is reckless...

And it's not like their "considerable research"
Is always right either...
Saratoga is still a huge miscalculation that turned alot of people off...that's a loss of business anyway you slice it.

And as we discussed earlier there's a good chance that more exotic bungalows can make an appearance by the GF.

 

[disneynutz]

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.

In order to sell real estate in other States and jurisdictions, DVD has to register and be approved for each project. Sometimes there are delays or not enough customer interest to make it worth their wild.

Texas granted sales permission for the Poly just today.

Bill

 

[Andrew015]

And I must say...

Andy, Dave, Pete, et al, you have done a fantastic job explain all this and the nuance.

I wish those on the "how magical is POR?!?"
And "only 45 days till my 180 day dining window opens up!!!" Threads that accuse those like me as "hateful" would read all this and see its really driven by affection and to protect what we can of what we have paid for, invested...it's our memories/future too

Because the bus is still barreling toward the overpriced cliff in the swamp. And while
We're on it...I know I'm not driving it.

Hats off to you as well, sir.

I almost feel sorry for the Pixie Dust crowd, as they can't see the forest for the trees. I can understand blind passion, but some of the recent moves that Disney Co. has done in recent months/years are so painfully & obviously bad for us as Disney-going consumers, with no other motives and explanations aside from greed and/or utter mismanagement, that I refuse to just sit on the sidelines and sip the Koolaide. I know that as one person, I can't effect change on a grand scale, but that won't stop me from sharing what I believe to be the truth, and try to inform others. I give you lots of credit, as you do this far better than I, and also tolerate the "heat" from the Pixie Dusters with a level of restraint that I only wish I had.

OK - back to your regularly scheduled "Am I too old to get Character autographs" thread

 

[Andrew015]

Forgive the ignorance as I'm not a DVC owner, nor will I pretend to fully understand the point concept (although I've picked up a base knowledge in this and other threads), but if owners aren't able to reserve a room at their home resort (Polynesian) would this signal a desire by the suits to simply convert more of the resort to DVC? And perhaps sell even more?

Two items that I feel they want to do anyway...

Absolutely, 100% yes. I think if Disney could do away with all "cash rooms" and move to 100% DVC tomorrow, they'd do it in a heartbeat.

 

[wallrock]

Absolutely, 100% yes. I think if Disney could do away with all "cash rooms" and move to 100% DVC tomorrow, they'd do it in a heartbeat.

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

 

[mkunichi]

The perception seems to be that DVC is/has been geared towards the mid-to-upper middle class family that's still cost conscious, brings food, cooks meals, etc. In other words, they're looking to maximize the investment based not only on long term lodging savings, but also on long term ancillary savings over the length of contract.

This may have been the majority demographic at one point and may even still be so, but we've always staying in the 2 bedroom suites and:
1. cooked breakfast in the morning
2. packed sandwiches for lunch when we were younger and were on more of a budget. nowadays it's mostly counter service for lunch.
3. splurged on dinner every night

I think we've had two in-suite dinners in the close to 20 years we've owned - and one of them was pizza we had delivered! lol

I suspect that even the majority demographic of middle class professional 30-something buyers grows into the upper-middle-class 40-something soon to be empty-nesters that have a lot more disposable income.

Maybe they don’t need to care, as long as all Poly points are purchased

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.

Conversely, while I'm a firm believer that there's no limit in the demographic that would rent and fill those 20 units as nightly units at 2K plus just based on location and all the other things we've discussed, is it the same demographic that's going to want to make that long term investment and then make their own bed each day or stock for and cook 6 meals in a week?

Don't have to make the bed and don't have to cook when staying at the bungalows. lol, I know, I'm an animal.

Forgive the ignorance as I'm not a DVC owner, nor will I pretend to fully understand the point concept (although I've picked up a base knowledge in this and other threads), but if owners aren't able to reserve a room at their home resort (Polynesian) would this signal a desire by the suits to simply convert more of the resort to DVC? And perhaps sell even more?

If there is a disconnect between the point cost of reservations and demand, DVC will adjust the point chart to even out demand.

Absolutely, 100% yes. I think if Disney could do away with all "cash rooms" and move to 100% DVC tomorrow, they'd do it in a heartbeat.

It's money in the bank for them and also creates a super-steady supply of park visitors.

 

[lockedoutlogic]

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

I would say "upscale ownership", combined with outsourcing of the "traditional hotel business" - while retaining the convention, wedding, premium add on services would do just fine

 

[rteetz]

In order to sell real estate in other States and jurisdictions, DVD has to register and be approved for each project. Sometimes there are delays or not enough customer interest to make it worth their wild.

Texas granted sales permission for the Poly just today.

Bill

Ok understandable. I feel it's weird tho that DVC reps can't even talk about it in California.