RUMOR: More Price Increases On The Way Including First DVC Over $300 Per Point

[pkrieger2287]

https://twitter.com/x/status/1405267127695642626

 

[KAT4DISNEY]

Well, It's not like they actually have any VGC points to sell so they could raise it to $500 or $1000.

What the prices all say to me is that they are tired of selling older resorts especially to new buyers and are bumping up the mark to make Riviera more attractive in comparison.

 

[PirateBrigade]

hah i'd pay $310pt at VGC... if they had any available!

Last resale contract I saw was $250-$300... but that's like spotting a unicorn in the wild.

 

[KTownRaider]

Raising the price for a property they're not able to sell is laughable. Kat4Disney is right- they might as well price it at $1M (cue Dr. Evil).

 

[Bjaiken77]

$5 increase is less than I expected for OKW.

 

[npatellye]

$5 increase is less than I expected for OKW.

Same. I was expecting it to match SSR. But sethschroeder made an interesting point in another thread about Disney wanting OKW to become the direct SAP option.

 

[Grumpy by Birth]

Raising the price for a property they're not able to sell is laughable. Kat4Disney is right- they might as well price it at $1M (cue Dr. Evil).

 

[4luv2cdisney]

Same. I was expecting it to match SSR. But sethschroeder made an interesting point in another thread about Disney wanting OKW to become the direct SAP option.

They don't seem to be in a big hurry, but they are going to want to turnover as many 2042 contracts to 2057 at some point. Encouraging people to opt for OKW over SSR for their SAP makes sense.

 

[Lorana]

I wonder if the VGC price increase says anything about the starting price of DL Tower?

or maybe it’s that resale prices have gotten so high that they need to raise direct prices to make any profit. Do they even ROFR VGC?

 

[havoc315]

Well, It's not like they actually have any VGC points to sell so they could raise it to $500 or $1000.

What the prices all say to me is that they are tired of selling older resorts especially to new buyers and are bumping up the mark to make Riviera more attractive in comparison.

It will be interesting to see how they price GFV2.... Do they give it "new resort" pricing of under $200 per point (with incentives) as they do the RIviera. Which would be a huge price cut from the direct sales price of the last couple of years.

Or do they try to keep the pricing closer to what they have been charging as a "sold out resort" -- The effect of which would be much slower sales.

 

[sethschroeder]

Well, It's not like they actually have any VGC points to sell so they could raise it to $500 or $1000.

What the prices all say to me is that they are tired of selling older resorts especially to new buyers and are bumping up the mark to make Riviera more attractive in comparison.

Except they increase Riviera as well it's not like the gap is really widening % wise I don't think other than really VGC.

Besides RIV was selling faster than CCV the first 64 months even with a complete shutdown in DVC sales just as an example. It had sold out roughly 25% of its points within 12 months and was on pace to sell out when Reflections launched.

Rivera also still makes up around 60% of sales monthly off pace by 10% vs normal active sale resorts which can be explained by existing members not buying there as often. Disney also seems to have been more open to selling sold out resorts which wasnt the case in the past. Example when have incentives and such been placed on sold out resorts and when have all resorts been open to touring rooms I was even told on my tours they are happy to sell that resort.

 

[Heather07438]

Same. I was expecting it to match SSR. But sethschroeder made an interesting point in another thread about Disney wanting OKW to become the direct SAP option.

OKW was the odd direct contract that was very similar in point cost per year compared with resale because the majority of OKW resale had 15 yrs less than direct.

I always thought if interested in OKW it’s an easy choice going direct over resale.

 

[MomOTwins]

It will be interesting to see how they price GFV2.... Do they give it "new resort" pricing of under $200 per point (with incentives) as they do the RIviera. Which would be a huge price cut from the direct sales price of the last couple of years.

Or do they try to keep the pricing closer to what they have been charging as a "sold out resort" -- The effect of which would be much slower sales.

I don't buy it. Look at all the resorts priced well over $200 direct now: BLT & BCV at $245, BWV at $210, CCV at $225, Poly at $250. Heck even "bargain" options are not much lower than $200 -- $180 for SSR, $190 for BRV. Disney isn't going to sell it's flagship resort for under $200, particularly since unlike resorts like RIV and Aulani that Disney had to build from the ground up, DVC is just doing a refurb on an existing building and doesn't need to sell quick to recoup construction costs.

I bet we see a price increase on current VGF prices for the new building. After all, they keep saying it is "part of the original association" so why would they lower the pricing from what they are currently charging for the "same association"?

They don't seem to be in a big hurry, but they are going to want to turnover as many 2042 contracts to 2057 at some point. Encouraging people to opt for OKW over SSR for their SAP makes sense.

I feel like I'm missing something. Why does Disney want to steer guests to OKW over SSR?

 

[chalee94]

4luv2cdisney said: They don't seem to be in a big hurry, but they are going to want to turnover as many 2042 contracts to 2057 at some point. Encouraging people to opt for OKW over SSR for their SAP makes sense.

I feel like I'm missing something. Why does Disney want to steer guests to OKW over SSR?

Disney needs more people to purchase extended 2057 OKW contracts so that they don't wind up holding the bag in 2042 with 40-60% ownership of OKW (in addition to whatever happens with the other 2042 resorts.)

Last I saw, only 27-30% of OKW owners have extended 2057 contracts. The rest of us would be handing our contracts back to Disney on Jan 31, 2042.

 

[npatellye]

I feel like I'm missing something. Why does Disney want to steer guests to OKW over SSR?

To turn as many 2042 contracts as possible into 2057 and to hopefully avoid the giant mess they may face in 2042. I’m totally falling into this trap because we are adding on direct at OKW for SAP.

 

[MomOTwins]

Disney needs more people to purchase extended 2057 OKW contracts so that they don't wind up holding the bag in 2042 with 40-60% ownership of OKW (in addition to whatever happens with the other 2042 resorts.)

Last I saw, only 27-30% of OKW owners have extended 2057 contracts. The rest of us would be handing our contracts back to Disney on Jan 31, 2042.

That makes so much sense! Still something kind of funny about keeping prices down a contract that is 15 years longer than ones they raised prices on.

 

[havoc315]

I don't buy it. Look at all the resorts priced well over $200 direct now: BLT & BCV at $245, BWV at $210, CCV at $225, Poly at $250. Heck even "bargain" options are not much lower than $200 -- $180 for SSR, $190 for BRV. Disney isn't going to sell it's flagship resort for under $200, particularly since unlike resorts like RIV and Aulani that Disney had to build from the ground up, DVC is just doing a refurb on an existing building and doesn't need to sell quick to recoup construction costs.

I bet we see a price increase on current VGF prices for the new building. After all, they keep saying it is "part of the original association" so why would they lower the pricing from what they are currently charging for the "same association"?


I feel like I'm missing something. Why does Disney want to steer guests to OKW over SSR?

If they lower the pricing, it’s a simple issue of supply demand. When you are only selling a few hundred points per month, you can charge $250. But can you sell 50,000 points per month at $250?

Of course, if they do cut the price significantly, I imagine quite a few recent buyers pretty aggravated. And it would cause a massive drop in resale value quickly. But Disney has no reason to care about that.

If I had to bet…. They price it high but with significant incentives.

 

[stevevm]

I was just told by my rep, prices are going up on Thursday. I added on just 25 OKW. He asked "Are you buying because of the price increase". Then he goes on to tell me about the price increase coming on Thursday for a number of resorts

 

[Drew729]

I was just told by my rep, prices are going up on Thursday. I added on just 25 OKW. He asked "Are you buying because of the price increase". Then he goes on to tell me about the price increase coming on Thursday for a number of resorts

Any info on what other resorts and how much of an increase? Thanks!

 

[npatellye]

I was just told by my rep, prices are going up on Thursday. I added on just 25 OKW. He asked "Are you buying because of the price increase". Then he goes on to tell me about the price increase coming on Thursday for a number of resorts

I thought the increased prices for current members didn’t kick in until 7/15?