price per point going up!

[tomjul811]

my guide told me that the price per point was going up in January. Anyone else heard this. I was looking at a small add-on but now feel rushed.

 

[nikkistevej]

If that's true- I'm glad I did my add-on 2 months ago.

 

[mmmagic7754]

Got a card from Disney yesterday said AKV old price 104 new price 112 per pt in January

 

[Brian Noble]

It looks like the differential pricing experiment may have been declared a failure assuming the guide wasn't pulling your leg a bit in an effort to close the sale.

(And, a postcard suggests the guide was not, in this case.)

 

[n2mm]

Thanks for letting us know. I was on the fence whether to add on or not, but after reading this I think I will pass now.

 

[nunzia]

Got a card from Disney yesterday said AKV old price 104 new price 112 per pt in January

Oh great..wonder how high it will go before GCV come on line

 

[danv3]

I'm not sure this is a great time to be increasing prices.

 

[disneynutz]

Got a card from Disney yesterday said AKV old price 104 new price 112 per pt in January

And the $8 discount will make it $104 per point.

 

[n2mm]

I'm not sure this is a great time to be increasing prices.

That is my exact thinking too. While places are cutting prices and trying to get us to spend, they are doing the opposite.

 

[senecabeach]

I'd suspect incentives to get better even if prices increase. The new discounts on "packages" with free extra nights are a decent draw and Disney still needs to sell those timeshares.

Here's a little news article I ran across. You can read the whole thing here:
http://news.yahoo.com/s/nm/20081107/bs_nm/us_disney

LOS ANGELES (Reuters) – The global economic downturn hit Walt Disney Co's quarterly results harder and faster than Wall Street expected, with the company on Thursday reporting a sharp decline in hotel bookings and softness in advertising revenue at its networks.

Disney's shares slid 9 percent in extended trade but recovered a bit after executives announced plans to discount stays at Walt Disney World to stimulate bookings in the first half of 2009.

Consumer confidence is the lowest we've seen in over three decades, and even the best product out there is feeling the effect," Disney Chief Executive Robert Iger told analysts on a conference call.....etc

 

[disprincessatheart]

my guide told me that the price per point was going up in January. Anyone else heard this. I was looking at a small add-on but now feel rushed.

I love your BLT image - where'd you get it?

 

[SamSam]

IMHO, it would be counter-productive to raise prices right now. People are already holding off buying because of the economy, so raising prices makes no sense.

 

[fadedgirl]

IMHO, it would be counter-productive to raise prices right now. People are already holding off buying because of the economy, so raising prices makes no sense.

I agree! I think the folks at Disney may have lost their minds.

I'm losing that lovin' feeling. I'm considering not even buying GCV now.

 

[tomjul811]

I love your BLT image - where'd you get it?

The address is
http://i285.photobucket.com/albums/ll49/crowdwags/BLTLogo2-1.jpg

 

[jlewisinsyr]

I think it makes perfect sense. They're still selling and unlike a hotel room, which is a short term loss, continual discounts on the DVC is a long term loss.

 

[debbiepump]

I can guarantee you with today's economy, if Disney does do a price increase, it'll be coming down pretty quick too. There isn't that much disposable income out there today and it's only getting more dismal, esp w/the holidays coming up.

 

[thelionqueen]

My personal thought is that Disney will raise the price then offer huge incentives so that prospective buyers will think they are saving more than today. Just my .02

 

[Jeremy&Susan]

I think it makes perfect sense. They're still selling and unlike a hotel room, which is a short term loss, continual discounts on the DVC is a long term loss.

DVC sales are also fairly short term in Disney's Eyes. DVC may be a 35+ year investment for you but I would bet most pay cash (which may be financed eleswhere).


There is a conversation that unlike hotel rooms, Disney can not sell DVC points for less than it costs them to produce those points (cost to build the rooms). As we have all seen in the US, costs have all gone up a bunch over the past year and this cost increase could be Dinsey's reaction to those cost increases over the past year. But I would hope Dinsey is a bit sharper than what my previous sentence would imply.

My concern is:
DVC Management just released the Contemporary Villas and Animal Kingdom is / was being built when these inflationary pressures were developing in the US.

If DVC management and finance control cost and price by waiting to see what actual costs are, instead of properly anticipating and controlling costs, it makes you wonder how sharp the finance and management teams at DVC truely are (remember we do have a new President). Maybe our new DVC president will be a shorter term president than Bush if he can't control his projected and actual costs better than this. "You just announced the BLT a month ago and now you are increasing the price!!!" Either sales are REALLY BOOMING, which we all doubt, or the bills are starting to come in and nobody on the BLT and AKV project teams were controlling costs to match the budget.

Running a multi-billion dollar company is not like a home-owner building an addition, cost over-runs or poor cost planning just does not happen on core businesses for large "well-run" companies. Building DVC homes is definitely one of Disney's core businesses.

Let's hope this poor management does not spill over to our annual dues, but I am not holding my breath.

Cautiously waiting to hear the other foot fall.