SAP+ ?

[MarkNC2Disney]

We were at the Cabins a few weeks ago. It is getting to be very difficult booking a Cabin at 7 months. Due to the low declared DVC inventory (I believe that only 63 cabins are declared out of the 360 or so), booking one at 7 months is extremely competitive. That said, when we went around looping, we noticed that probably 1/3 to 1/2 of the campsites were empty (which was a bit off from what I had seen in my prior trips), however, it seemed as though every single cabin was full most every day, which leads me to think that they aren't having any issue renting these for cash. If that's the case, I bet they could care less how many they sell as long as they still rent well.

I have no frame of reference for normal at FW, but I observed the exact same as you with respect to cabins and campsites. Checked out of a cabin a little over a week ago.

 

[MarkNC2Disney]

Of course, this is true, as of today. Will it be true 5 or 10 years from now? I wouldn't be very confident based on the history of Poly dues prior to the opening of the island tower.

But that history is irrelevant now that the tower is built and in active sales. Not trying to argue — we purchased Poly resale and RR direct years ago — both are fantastic (and I’m thrilled with the ‘new normal’ wrt Poly’s dues)! Can’t go wrong with either.

 

[Brian Noble]

Has anyone done an analysis of dollar-of-rack-rate-per-point on the cabins? If not, I might.

I don't think that's the metric that matters to DVD. The metric that matters would be RevPAR vs. operational costs, or (roughly) the "profit" on renting the room. I'm not sure why the rack-per-point is important to them. What might matter is effective-rate-per-nightly-dues number, as that should be close to RevPAR/operating cost.

In other words, from the POV of breakage these are hotel rooms, not timeshares.