Question about purchasing a fixed week

[dizfan]

The PVB point charts have me thinking a point change could occur in the future.

What happens if someone buys a fixed week and the points required during that week go down or up?

If PVB studios cost 130 points for a given week today, but are raised to 137 points next year, does DVD eat the cost?

After thinking about this, I would think the head of DVD would be fired if they botched the point charts and had to change them.

 

[erionm]

The nightly point chart does not apply to guaranteed week reservations. If you opted out of your guaranteed week, the number of point you receive is unchanged by any point reallocation.

 

[dizfan]

Thanks Michael.

 

[KAT4DISNEY]

Seems like it would be a complication to the calculation to do a reallocation for a time where they've sold a lot of fixed weeks. Now DVC has some rooms that are at a fixed point allocation but those people can still opt out.

 

[wdrl]

Keep in mind, Dan, that a point chart reallocation can cut both ways on Fixed Week owners. Aulani's 2016 point chart has some significant reallocations (see this DVCNews article). Fixed Week owners at Aulani who bought a week in July or the first part of August won't have to pay more even though their week has changed from the Magic Season to the more expensive Premier Season. At the same time, those Fixed Week owners that bought a week between Thanksgiving and Christmas won't see any savings even though much of that time has been downgraded from the Choice Season to the cheaper Adventure Season.

If someone buys a Standard View Studio for Fixed Week #49 at PVB, they will buy a 130 point deed that contains the right for Fixed Week #49 in a Standard View Studio. A traditional points owner could book that same stay, based on availability, for 118 points according to the 2015 and 2016 point charts. No matter what happens with the point chart, the Fixed Week owner is guaranteed the right to stay 7 nights in a Standard View Studio during Week #49.

If the owner decides to not use their Fixed Week in any year, they can opt out and will receive 130 points for that year. So, even if the point chart for, say 2018, shows the cost of the underlying week has changed from 118 points to 132 points or to 104 points, the Fixed Week owner still receives 130 points.

 

[jerseyduke]

You pay a 10% premium for a fixed week.

If the week is 120 points, your are buying 132. That covers any reallocation.

If it goes up, you are covered.

However, as pointed out, if it goes down you do not get anything back.

(unless of course you cancel your fixed week and rebook it.