VDH Opening

[Chili327]

I also would worry about how crowded the pools will get between the hotel guests and now a new DVC tower, but that's for another day...

Is the DVC pool private to DVC.?

 

[longboard55]

I can tell how the VGC pool works, open to everyone at the resort including DVC and regular rooms and they do wrist bands. On a nice day, empty till about 11, by 3 its packed.

 

[ClaraOswald]

I can tell how the VGC pool works, open to everyone at the resort including DVC and regular rooms and they do wrist bands. On a nice day, empty till about 11, by 3 its packed.

Do they only do wrist bands in the warmer months? We didn't get wrist bands in February.

 

[Drewski77]

I can tell how the VGC pool works, open to everyone at the resort including DVC and regular rooms and they do wrist bands. On a nice day, empty till about 11, by 3 its packed.

And then think if VGC added another tower of rooms, how busy would the pools be then???

That is what I see at VDH happening, despite a small pool being added?

 

[Dodgerburt8]

I looked at rooms what were in the $650 to $750 range after taxes and fees and would be in the $200 to $250 range on disney maintenance and city taxes. People are complaining about a $40 city tax, when the tax on a retail room is more like $100. I do not include the cost of the points, because be honest, who has lost money on points, I am double what I paid

Yeah not accurate math. Have to account for initial cost of points spread over 50 years. For an October week long studio stay you are looking in the first year at closer to $400 per night all in, assuming you are not financing purchase. With financing interest it would easily be $550 per night. Probably still a 20 to 40 percent discount on rack rate but you really have to want to stay at VDH for that price, and it will only go up every year and you are committing to spend that every year. The high mf, taxes, and parking takes what is already a pretty borderline financial decision and makes it a very bad financial decision. Of course if it’s an emotional purchase then go with your heart.

 

[DisVDS]

I can tell how the VGC pool works, open to everyone at the resort including DVC and regular rooms and they do wrist bands. On a nice day, empty till about 11, by 3 its packed.

Isn't this a little different because the VGC shares the same pool as the resort? Where-as at VDH there is a seperate VDH pool in addition to the DLH pools.

 

[Sandisw]

Is the DVC pool private to DVC.?

One will know when the POS comes out…it could be like BLT, which made the pool a common element and paid for just by dues, and is limited to guests of BLT.

 

[nalabear]

Like I said, who loses money on points. Clearly it is not for everyone, but we have a huge Disney fan base in the Southwest. I would be buying as a grandparent, I assume many in the same boat. We have enjoyed our VGC so much, been worth every penny. We never stayed at DLR properties before, the cost just made no sense.

If you buy direct and resale; many do. Few gained beyond other investments (VGC being the exception).

DVC is a consumption asset that disappears at 50 years. So, yes, most points lose value each year. One cannot ignore that cost in comparison

 

[DVCsloth]

It doesn't sound like VDH is great location like VGC. I do like the look of the hotel and I'm sure it's going to be really nice.
All the talk about taxes, parking, high dues has me thinking "no thanks". I do think it will sell pretty easily though unless our economy really stalls. I think I'll be sitting this one out for now. Never been to DL so I don't know how far it is from the parks. Pretty spoiled at WDW "staying in the bubble".

 

[Aussie RJ]

Do they only do wrist bands in the warmer months? We didn't get wrist bands in February.

No wrist bands last June.

 

[Aussie RJ]

One will know when the POS comes out…it could be like BLT, which made the pool a common element and paid for just by dues, and is limited to guests of BLT.

Is it though? The gate was wide open in December.. And yes this was prior to the Contemporary Pool refurb. I think pools for XXXX are a myth. They seem to be open for all to use.

 

[MarkNC2Disney]

Is it though? The gate was wide open in December.. And yes this was prior to the Contemporary Pool refurb. I think pools for XXXX are a myth. They seem to be open for all to use.

Good thing nobody would go out of their way for the BLT pool

 

[gmi3804]

Let’s stop fooling ourselves. The majority of people buying into this aren’t going to be fretting about The Taxes.

 

[AstroBlasters]

Yeah not accurate math. Have to account for initial cost of points spread over 50 years. For an October week long studio stay you are looking in the first year at closer to $400 per night all in, assuming you are not financing purchase. With financing interest it would easily be $550 per night. Probably still a 20 to 40 percent discount on rack rate but you really have to want to stay at VDH for that price, and it will only go up every year and you are committing to spend that every year. The high mf, taxes, and parking takes what is already a pretty borderline financial decision and makes it a very bad financial decision. Of course if it’s an emotional purchase then go with your heart.

Just some thoughts:

Once you are into the sunk cost a preferred view studio is 23-25 points a night in your October timeframe. So, $65-66 a night in tax and $217 dues. So you are in $283 a night tax and dues.

The hotel side right now is $656 a night + $99 in tax= $755. Assume a 20 discount (which may not happen at the busy Halloween time) to make it $604 a night.

So your delta is $321 a night.

The cost for those 24 points is $230 a point or $5,520. The break even is 17 years not including any TVM calculations.

Of course, Disney hotels have gone up by about 5% per year on the hotel side. So let’s say that dues also go up by 5% and the tax go up by 5% every year. But, the delta between DVC and the hotel will grow every year because 5% of the hotel is more than 5% on dues and tax.

By year 10 the hotel is $937 a night and VDH is saving you $498.

Let’s now pretend you took that upfront cost and put it an account paying a guaranteed @ a 3% and 6% rate and took money out every year to pay for the difference.

The 3% account would run out after 15 years and the 6% account would run out after 19 years.
So….If you live in Los Angeles and plan to go at least one night a year with a significant other, kids, grand kids, etc then it actually isn’t a bad deal…

 

[Dodgerburt8]

Just some thoughts:

Once you are into the sunk cost a preferred view studio is 23-25 points a night in your October timeframe. So, $65-66 a night in tax and $217 dues. So you are in $283 a night tax and dues.

The hotel side right now is $656 a night + $99 in tax= $755. Assume a 20 discount (which may not happen at the busy Halloween time) to make it $604 a night.

So your delta is $321 a night.

The cost for those 24 points is $230 a point or $5,520. The break even is 17 years not including any TVM calculations.

Of course, Disney hotels have gone up by about 5% per year on the hotel side. So let’s say that dues also go up by 5% and the tax go up by 5% every year. But, the delta between DVC and the hotel will grow every year because 5% of the hotel is more than 5% on dues and tax.

By year 10 the hotel is $937 a night and VDH is saving you $498.

Let’s now pretend you took that upfront cost and put it an account paying a guaranteed @ a 3% and 6% rate and took money out every year to pay for the difference.

The 3% account would run out after 15 years and the 6% account would run out after 19 years.
So….If you live in Los Angeles and plan to go at least one night a year with a significant other, kids, grand kids, etc then it actually isn’t a bad deal…

Careful you’re going to talk me back into it! Lol

 

[ClaraOswald]

And then think if VGC added another tower of rooms, how busy would the pools be then???

That is what I see at VDH happening, despite a small pool being added?

That's kind of what happened at the Grand Californian, isn't it? I think the main area was built years before the DVC wing. Unless I'm not remembering it right.

Isn't this a little different because the VGC shares the same pool as the resort? Where-as at VDH there is a seperate VDH pool in addition to the DLH pools.

Will DVC people be the only ones allowed at the new pool? Is that how it is at the WDW resorts that have DVC wings? I've never stayed at a deluxe WDW resort.

 

[Spivey378]

I will stay Park Vue Guy.

 

[Aussie RJ]

Just some thoughts:

Once you are into the sunk cost a preferred view studio is 23-25 points a night in your October timeframe. So, $65-66 a night in tax and $217 dues. So you are in $283 a night tax and dues.

The hotel side right now is $656 a night + $99 in tax= $755. Assume a 20 discount (which may not happen at the busy Halloween time) to make it $604 a night.

So your delta is $321 a night.

The cost for those 24 points is $230 a point or $5,520. The break even is 17 years not including any TVM calculations.

Of course, Disney hotels have gone up by about 5% per year on the hotel side. So let’s say that dues also go up by 5% and the tax go up by 5% every year. But, the delta between DVC and the hotel will grow every year because 5% of the hotel is more than 5% on dues and tax.

By year 10 the hotel is $937 a night and VDH is saving you $498.

Let’s now pretend you took that upfront cost and put it an account paying a guaranteed @ a 3% and 6% rate and took money out every year to pay for the difference.

The 3% account would run out after 15 years and the 6% account would run out after 19 years.
So….If you live in Los Angeles and plan to go at least one night a year with a significant other, kids, grand kids, etc then it actually isn’t a bad deal…

This was my math yesterday for June. It still works at least emotionally but all my Florida contracts break-even much sooner than 17 years. This one feels dumb.

 

[SusieQ93]

It doesn't sound like VDH is great location like VGC. I do like the look of the hotel and I'm sure it's going to be really nice.
All the talk about taxes, parking, high dues has me thinking "no thanks". I do think it will sell pretty easily though unless our economy really stalls. I think I'll be sitting this one out for now. Never been to DL so I don't know how far it is from the parks. Pretty spoiled at WDW "staying in the bubble".

Yeah, we decided we’re out. But DVC is still going to get my money I’m just buying more VGF points instead. Just got back from our first DVC trip at VGF and it was AMAZING. With APs back, we decided it makes more sense to mostly go to WDW with a DLR trip every 3 or 4 years. We used to be west coasters and now living in Texas, with the convenience of getting to WDW, it just makes the most sense for us. Plus our hearts are really with Grand Cal, so I think we’d have FOMO staying at VDH. We’ll just pay cash for Grand Cal every few years. Having said that, I’m sure VDH will be beautiful and those who buy it will be happy. I’m sure we’ll try to get in at the 7 month window on occasion.

 

[NorCalFanatic]

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