The VGF 2 pricing thread

[Stargazer65]

Noooooo……. this really goes against the DVC model. How can you possibly have a home away from home with no kitchen sink?

It would definitely be a different type of room

Tower studios at the Riviera are like that, aren't they?

 

[dvc lover 1970]

Yes studios go first, followed by the two-bedroom units. Two beds are sometimes tight in 11 month window. Now 11 month will be necessary for it. Also for studios, the conversion building looks to be mostly preferred studios - lake view and pool view - so I think that will also squeeze the standard view studios in the original building. Once again creating an 11 month priority window.

 

[dvc lover 1970]

It is just a rumor. But could be why it was called a resort studio??

It would definitely be a different type of room. If it proves true, it could make booking studios at VGF1 building harder.

Sounds like it is basically a hotel room that is DVC. Given the condensed timeline of when they expect to be finished, I think they are basically keeping the rooms as they are, changing the a few things. IF this is the route they go, then they would be better off to keep those studios with two queen beds. THAT might appeal to many families who want studios. I know when we first purchased the one thing we did not like about the studios was the pull out couch. OKW is the only resort with two queen beds in the studios. So - if they keep the two queen beds and maybe offer connecting studios like the poly, it will be a win.

 

[davidl81]

I love the debate...only time will tell! But I sincerely doubt that an all studio remodel of an existing hotel building, done in 6 months, will be priced more than a brand new beautifully built from the ground up resort like Riviera, which has roughly 25% more time on the contract.

Also RIV is currently not selling at a great pace at its current pricing. It would not be logical for Disney to spend the capital on the VGF2 project, and price it so high it has trouble selling. If RIV was selling at a very high rate maybe, but RIVs best sales were at a lower price point. VGF is a better location IMO but asking almost 30% more for it is not going to happen. It’s never happened in the history of DVC that they released a new resort and had that large of a price increase versus their currently selling resort.

 

[kanerf]

That’s true, but it applies to both theories. Historically, new resorts come out lower than most think. This is a unique case, where you have one new resort in active sales and starting sales at a sold out resort by adding rooms,

As many as said, it’s fine pricing something at $255 when you are not trying to sell millions of points, at a minimum of 150 now.

I have said this before…raising the minimum will allow them to sell for less. 150 points at $220 makes them more than doing the old 125@ $255.

For all we know, by the time the decide to sell, they will raise the minimum again so the price per point can stay closer to RIV. Lots of marketing strategies to choose from.

Plus, the bulk of VGF will now be studios and rumor has it that there will be no kitchen sink…just mini fridge and microwave. If that proves true, it could impact how interested people will be.

Would not bother me. I don't do dishes on DVC stays in a Studio. You get all of the paper plates and such, so why would it be needed? A real fridge with a freezer compartment would be a great improvement.

 

[RoseGold]

It would not be logical for Disney to spend the capital on the VGF2 project, and price it so high it has trouble selling.

They don't care if it sells, it will be priced bananas. They have nothing else planned, so they don't really want it to sell out instantly. The point was to spend as little capital as possible to have something "new" on a small project. This is maybe 2M points. They aren't trying to sell a ton of VGF, just kick the can down the road a year or two. It's clear the real money makers are the ground up, mediocre location properties like RIV, with scary charts and pricing, and that's years away.

 

[Sandisw]

Would not bother me. I don't do dishes on DVC stays in a Studio. You get all of the paper plates and such, so why would it be needed? A real fridge with a freezer compartment would be a great improvement.

I make coffee and prefer not to use a bathroom sink. End of the world? No.

But it does make it different and basically a hotel room which to me means that pricing needs to reflect that to get it to sell.

 

[kanerf]

I make coffee and prefer not to use a bathroom sink. End of the world? No.

But it does make it different and basically a hotel room which to me means that pricing needs to reflect that to get it to sell.

I make coffee as well and avoid Florida tap water like the plague. I get a gallon of purified or spring water delivered and use that for coffee.

 

[Paul Stupin]

Noooooo……. this really goes against the DVC model. How can you possibly have a home away from home with no kitchen sink?

It is just a rumor. But could be why it was called a resort studio??

It would definitely be a different type of room. If it proves true, it could make booking studios at VGF1 building harder.

I guess it can go against the DVC model if it’s a remodeled hotel room that Disney wants to spend no money converting to DVC. That said, my money would still be on a kitchen sink being there.

But if the new building doesn’t have sinks, but the point chart is super low, those “resort studios” could still book fast.

 

[Jelly563]

It's not about shiny new and beautiful, it's about getting a studio at the Flagship resort that u can now walk to MK.... how big is SSR and you have owners who have never spent 1 night there because they try to get into premium studios.

 

[CarolMN]

If the rumor is true and it's just a DVC Hotel room, then we may stay ONCE for a night or two, but will not be buying, and I feel badly for the current VGF owners who now have to compete with the new building's owners for the existing villas.

 

[Sandisw]

If the rumor is true and it's just a DVC Hotel room, then we may stay ONCE for a night or two, but will not be buying, and I feel badly for the current VGF owners who now have to compete with the new building's owners for the existing villas.

I am with you as well. I am holding out to buy more points direct there next year but only if the new studios are like a really studio. I don’t want two beds. I want the Murphy bed sofa option if I am going to buy there.

 

[davidl81]

If the rumor is true and it's just a DVC Hotel room, then we may stay ONCE for a night or two, but will not be buying, and I feel badly for the current VGF owners who now have to compete with the new building's owners for the existing villas.

We would buy just to get a VGF hotel room for the occasional couples trips the wife and I try to take each year. Specifically for marathon weekends. We can use current points for the full family trips.

 

[davidl81]

They don't care if it sells, it will be priced bananas. They have nothing else planned, so they don't really want it to sell out instantly. The point was to spend as little capital as possible to have something "new" on a small project. This is maybe 2M points. They aren't trying to sell a ton of VGF, just kick the can down the road a year or two. It's clear the real money makers are the ground up, mediocre location properties like RIV, with scary charts and pricing, and that's years away.

No one spends capital without looking at the rate of return of the project, and nothing kills rate of return more than time. The longer it takes to sell the less profitable the project is. Disney will not build something for it not to sell. They will price it at a point where it will sell at the normal rate for a new DVC resort. They will not be pricing it too high for it not to sell at a decent rate.

 

[DVCsloth]

If the rumor is true and it's just a DVC Hotel room, then we may stay ONCE for a night or two, but will not be buying, and I feel badly for the current VGF owners who now have to compete with the new building's owners for the existing villas.

That's what I'm worried about and the fact that I like to stay in 1BR Standard view sometimes. Now there will be a lot of new owners to compete with. Hoping DVC doesn't give us current owners a raw deal.

 

[Sandisw]

That's what I'm worried about and the fact that I like to stay in 1BR Standard view sometimes. Now there will be a lot of new owners to compete with. Hoping DVC doesn't give us current owners a raw deal.

Unfortunately, adding all those new points and rooms to the same association is going to make it tough for current owners who have always booked rooms other than studios.

Not sure how this won’t impact all that choose to own there.

 

[CaliAdventurer]

As a fairly invested owner of VGF, I’ll be livid if this screws original owners over. I didn’t pay that much to fight for rooms in the owners window. We book 1 and 2 beds and so I’m rightfully nervous. Then again, maybe this is the push I need to sell my contract and get a condo nearby. The minute you tell me I have to book rooms at my home resort like dining reservations (in the middle of the night, day of) I’m out.

 

[CarolMN]

Really don't want to spend any time worrying about rumors and speculation. I hope that DVD releases some official info soon. Then at least we can be upset over facts, and speculate how we think it will play out for the existing VGF owners.

I am reminded of some of the Riviera threads that got us all upset over things that haven't turned out to be true.

 

[ngchiro]

Matches Disney efforts to maximize exposure and profit with a strand holding to the past Disney Experience philosophy. Wall Street???

 

[Paul Stupin]

If the rumor is true and it's just a DVC Hotel room, then we may stay ONCE for a night or two, but will not be buying, and I feel badly for the current VGF owners who now have to compete with the new building's owners for the existing villas.

I do own there, but we love the one bedroom lake view, and the point charts are just so high I’m not really worried about availability decreasing, especially at 11 months. And if those new studios are in a newly created category that is the cheapest, they’ll probably be the most popular.
One other thing. Maybe Disney will freshen up some of the hotel common areas as well, which will benefit us all. We also own at CCV, and would consider staying at the “resort studios” for a night or two at the start of a longer visit to CCV just for fun.
One nice thing about VGF2 is that finally direct points (hopefully reasonably priced!) will be plentiful, at least for a little while. I bet it will sell out relatively fast.