Now just imagine when they have the power to do more without question on whether its allowed or not, much more.
And they are not bound by a 40 year minimum window… ostensibly… We know at this point there will not be any additions to VGF, BLT, AKV, etc.
BLT pool is being refurb now. Hope they make it half decent, a more modern look and feel will be nice. If so it will get upgraded from SAP+ to a SAP+++
Would be nice… I wouldn’t hold my breath… they seem to never truly “refurbish” these things, just repaint… I wish they’d make the outdoor areas at the dluxe resorts bigger and more swimmable… I don’t know of a single hotel on property that has a decent pool setup except the four seasons….
Well, they can in the trust properties actually. It's unfortunately specifically allowed in the documents. They only have to balance across each separate RTU (the entire resort) for points, and newly declared rooms do not have to have the same value as previously declared rooms. They have actually already declared some cabins at CFW at a higher rate than the initial ones were declared at as Sandi pointed out earlier.
They could declare 5000 points per room for the first 100 studios, then switch to 6000 per room for the next 100 studios and redistribute across all of the studios. So each would house 5500 points at that point and the initial cost of the rooms would be increased by 10 percent.
this right here defeats any benefit to buying a
DVC “trust based” timeshare….
Funnily enough, the old unit-points system in the original properties is what is preventing them from implementing the trust system-wide, which is what every other timeshare has done… They buy back the old inventory, convert it to the trust products, and squeeze out the old owners… This works nicely in a fixed-week deeded system, but much less so in the DVC approach where the owners don’t really own anything other than “points” reflected in a real estate deeded interest…
The new trust means you have access to a certain number of points to access properties in the trust, but they have tremendous latitude as to what the points will actually represent… not for me…
I wonder how the trust works with FW… that might be the one way to make it work… maybe I would consider a fixed week trust product, if it truly “guaranteed me” that week, I knew I could sell it, and I know as a backstop I have access to a number of other DVC properties with fixed points charts…
But, given how many desirable properties are leaving the system in 2042, I’m not convinced it will be easy to trade for resale owners - or really a lot of owners at that point… Buy where you want to stay…