Paul Stupin
New DVC Member
- Joined
- May 8, 2016
- Messages
- 2,783
I understand your issues with Aulani, but I’m still glad I’m an owner. Since Aulani is our preferred place to stay in Oahu, and considering that everything will indeed get more expensive in Hawaii, including Aulani’s rack rates, I would bet the numbers still crunch in favor of DVC over the long term. It’s still a hedge against the ever rising cost of booking a room. I’m sure this will challenge someone more knowledgeable than I to take out a calculator and prove me wrong, but in my opinion it’s the best DVC resort by a long shot, and it’s nice to own (at least for the next 40 years or so) a piece of it.If I was in your shoes, I’d buy Riviera. It has the longest contract length and it will be cheaper to buy relative to DLT. In the long run, Riviera’s annual dues will be cheaper than Aulani IMO. Aulani’s oceanfront location is a prime target for annual hurricanes and expensive hurricane insurance. Hawaii also has one of the lowest minimum wage in the country at $10.25/hr. There is a lot of political talk and support of raising that to @18/hr, which will dramatically impact annual dues. There is also a lot of talk of raising hotel and Transit Accommodation Taxes to raise government revenue. In short, EVERYTHING in Hawaii is and will get more expensive, including DVC. I live on Oahu and I would never own Aulani as I could easily find availability during non peak seasons.
And one other thing! Though many scoff at it ever happening, a few more crazy good incentives like the one offered last month will eventually help sell out the resort, even if it takes 5-10 more years. In the long run, the price per point will rise.