Upcomming announcement speculation thread

[Nikisha421]

DVC is lowering the interest rate on DVC loans? I would guess that interest rates will be somethink like 7.75 for preferred and 10.75 for standard

That woudl actually be the best thing for me, but not DVC...honestly I think that interest rate is way to obsurd

Subscribing..... But while I'm at it let me add my wishes.
- auto use of fastpass lines (great idea)
- online booking (crazy that it is not already available)
- 2 point charts for VGC (pool view vs park view)
- Aulani at $100 plus a realistic point schedule.
- minimum stays (7 days at wdw 4 days at dlr)
- $250 change fees (to aleviate the walking problem)

ok that's all!

if the last two things were to ever come to fruition I would really have to sell my points...

I"m just wondering if anyone else in this thread is being solicited via PM's to either RENT or BUY someone's contracts that they have for sale???

NO, but I would hate that things like that make me nervous...as if someone is spying on me...

Agreed!! Not every one can afford enough points for a 7 night stay... kind of defeats the purpose of the points system, I think.

I am glad you made this point...I was really starting to get nervous

That would really hose a lot of good people with only good intentions.

The best, and only way to completely stop walking is to go back to the old booking system.

MG

what was the old booking system???

 

[DebbieB]

Oh now that would be wonderful!!! But would it be a reason for guides to tell people to hold off on submitting their contracts . I think with guides handing out advice about holding fire on sending pending contracts in, it must be some purchase incentive.

I agree, it's some kind of purchase incentive. It wouldn't make sense to hold contracts if it is a booking policy change or a fastpass perk.

 

[DebbieB]

what was the old booking system???

You booked 11 or 7 months from check-out date instead of check-in. You could do a day by day for each day of your reservation. The difference is those were dates you actually planned to use vs walking where you book days you plan to cancel.

 

[Nikisha421]

You booked 11 or 7 months from check-out date instead of check-in. You could do a day by day for each day of your reservation. The difference is those were dates you actually planned to use vs walking where you book days you plan to cancel.

okay...thank you but I think I have to do a lil more research to fully understand the difference especially since I am very sure I was a member when the old system was still in play

 

[Kimmy]

subscribing...

 

[margitmouse]

is there a thread that might explain some of this booking fine tuning?
I feel a bit dense but don't see how booking from the end stops people from canceling? They book 11months out but still cancel at 7out to rebook elsewhere?..or am I out of the zone completely?
Open to redirection (LOL but don't tell DH!!!)

 

[js]

I sure hope the announcement doesn't have anything to do with minimum stays. We always stay a week but next year using our points for a Disney cruise and want two nights pre-cruise stay also using points.
What would happen to those that did land/sea and did those on our own?
I guess we will just have to wait and see.

 

[dizfan]

You booked 11 or 7 months from check-out date instead of check-in. You could do a day by day for each day of your reservation. The difference is those were dates you actually planned to use vs walking where you book days you plan to cancel.

Under the old system, is it true that members used to be stuck on hold for 60+ minutes because many people called every day to walk their reservation one day at a time?

 

[Sandisw]

That would really hose a lot of good people with only good intentions.

The best, and only way to completely stop walking is to go back to the old booking system.

MG

How? I would think that most people who make a reservation (not in a walking situation) don't modify or make changes within the first 7 days of a reservation.

 

[DebbieB]

Under the old system, is it true that members used to be stuck on hold for 60+ minutes because many people called every day to walk their reservation one day at a time?

In over 10 years of being a member, I've never been on hold for 60 min. I used to do day by day for my early December reservation at BWV, the most I was ever on hold was probably 20 min. Most times it was 5 or 10, calling right at 9:00am eastern.

is there a thread that might explain some of this booking fine tuning?
I feel a bit dense but don't see how booking from the end stops people from canceling? They book 11months out but still cancel at 7out to rebook elsewhere?..or am I out of the zone completely?
Open to redirection (LOL but don't tell DH!!!)

The issue isn't cancelling at 7 months. The issue with the new system is people booking ahead of the time they really want, then canceling day by day until they get the dates they really want. For example, you want Feb 7 to 12. You call on March 1 at 11 months and book Feb 1 to 7, which will hold the night of the 7th that you really want. Then on March 2, call and cancel Feb 1 and add Feb 8. Then on March 3, call and cancel Feb 2 and add Feb 9. Keep going until you have Feb 7 to 12. So you are holding dates for 24 hours+ and then cancelling them to get the dates you really want. Meanwhile others really want those dates but they are tied up.

 

[margitmouse]

wow!
Waaaay to obsessive, even for me! LOL
Thanks for the explanation.

 

[lugnut33]

Because there are so many points out there available I think DVC is going to give each member an additional 100 points for free!!

 

[SonicGuy]

 

[MAGICX2]

So what would you do if you are in the process of purchasing? I wasn't told anything from my guide. I have my paperwork now and was going to submit it on Monday. We're buying 360 AKV points. Would you go ahead and send it in?

I would wait. If it does happen to be an increase, you would still be covered at the old cost because you initiated the sale at that price. If it is a better incentive, you just call and have them redo your paperwork with the perks thrown in. Win/Win

 

[wbl2745]

...again...what about VGC???

We "bought" last week (still have the paperwork at home) at VGC and as I was discussing the purchase with our salesman (that's not the right term...) I asked if there were any reason he was aware of why we should wait. OK, ok, that was a stupid question since he has no incentive to say anything other than to do it now. However, he did say that there hadn't been a price increase since VGC had opened, implying that prices could be going up. That is probably standard sales tactics and should be ignored, but that's all I have to add to the rumor mill.

 

[VG9493]

Very curious

 

[Billmel]

You have that 360 pts. divided into smaller contracts, right? Just checking...

And Welcome Home! Soon.

Why would you need smaller contracts, just now buying into AKV. Haven't heard this yet. Help?

 

[88golf88]

Why would you need smaller contracts, just now buying into AKV. Haven't heard this yet. Help?

For a few reasons..

1. They are easier to split up and give to your kids/grandkids.
2. If you decide to ever sell off a few points, it is easier to sell 120 points than it is 360.

It is only an advantage to have smaller contracts with the same UY than it is one larger contract.

 

[Maistre Gracey]

How? I would think that most people who make a reservation (not in a walking situation) don't modify or make changes within the first 7 days of a reservation.

I don't know exactly how many times it happens, but I do believe that many people modify their reservation for legit reasons.
Changes with work, family, or many other reasons..

The flexibility of changing ressies is part of the reason many people bought DVC. I would hate to see that option taken away.

MG

 

[Tigger031266]

My guess is that DVC will offer members an incentive that people buying DVC cant get through buying resale. I think Disney wants to slow the resale market which has a very large difference in price (Disney $30 pp higher now).


Best guesses:
- Park Passes
- 1 yr fastpass
- Free dining 1 year
- Disney gift card for $1000

Anyone know what day the announcment may come out?