Lol, is it sad that an Aulani buyback is the most exciting part of my day??!? ... so far.
Do we know if it was subsidized? ... not that we expect the ROFR monster throwing darts to make sense ...
Everything ROFR has been doing has made complete sense to me.
1) OKW- extending 2042 to 2057 and getting those dues handled.
2) VGF- Lots of demand from people who bought during the fire sale and are finding they need more for that
point chart. Also next to Poly is someone wants that.
3) Grand Cal- Lots of people willing to add on. Also makes VDH look inexpensive for prospective buyers.
4) Aulani- Surge of contracts by some commercial buyers have really hit prices. Buy points cheap and create a drop down product for West Coast buyers. Yes, they already have inventory points for this…. but maybe not as many as everyone thinks…. especially if they can buy them for $76-$86pp….
This also could dissuade the notion that “Disney doesn’t care about resale prices…” I guarantee you a team inside
DVC management knows what the average resale price is and that if it gets too low at certain resorts it makes it very hard to sell direct.
Now… why not take cheap RIV resale as well at $115pp? Maybe because they have a lot of other WDW inventory…. but I predict it will happen at some point within the next 24 months…. especially if RIV “sells out” over the next 12m.
With that said, it would not surprise me at all if DVCRM comes back out and writes that DVC accidentally pressed a ROFR button and it didn’t actually take an Aulani contract.