What does 100% Ownership Mean at SSR?

[edstewbob]

OK, I just bought 200 points at SSR which is .6569% of unit 94B, purchased at $86/point. This means that 100% ownership in unit 94B is equal to 30,446 points. If all points were purchased at $86 then this would be a total cost of $2,618,359 and dues would generate $121,175/month or $1,454,103/year. The maximum ownership per person allowed at SSR is 2000 points or 6.569% of a unit. Does anyone know the answer's to these questions?

1. Is each unit sold to 100% usage or is there some magic number less than 100% sold to prevent overbooking of rooms.

2. Is there a way to identify the room or group of rooms that is associated with a specific unit. It would be cool to know this and ask to stay in the unit that we actually "own".

3. Does each unit have the same number of maximum points or are some units more "expensive" than others.

 

[Cap]

A small percent of the rooms are not booked to allow for routine maintainence, etc. Disney does not overbook, per se, because they do not have a problem with being stuck with a lot of cancellations. The cancellation setup discourages you from short notice cancellations, as cancellations within 30 days can't be used to book in the way other points are used. Also, if you cancel on the same day, you lose the points. It is not the same as a typical hotel cancel by 4 or 6 pm deal, where there is no loss to the one who made the reservation.

I don't think there is a way to identify a specific room as being the chunk you own.

The maximum number of points per unit will vary depending on the number of total rooms, floors, ect.

 

[RobDoc]

DVC has retained ownership of 2-4% at each resort. They use this to sustain the inventory of villas when rooms are out of service for rehab and maintenance.

At SSR, I think each "unit" is equal to all other "units", but that is not true at every DVC resort. At OKW, "units" are entire buildings - and some have more rooms than others.

Ownership is expressed as a % of the unit (a group of rooms), but not as a specific room.

DVC John has found descriptions for many of the SSR "units" and explains those findings in this thread.

Enjoy!

 

[dvc_john]

At SSR, a 'unit' does represent specific room(s). Each unit is a cluster of rooms, usually either 2, 3, or 4 2-bedrooms, or else a Grand Villa.

Specifically, 94B is in the 1st Carousel building (this is the Carousel building closest to the Paddocks buildings). It is on the 3rd floor, and consists of two 2-bedroom dedicated rooms. Facing the building from the parking area, it is the 2-bedroom dedicated on the left facing inward toward the courtyard, and the 2-bedroom dedicated next to it (at a 90 degree angle) facing outward over the courtyard.

This info can be looked up on the Orange County records system (www.occompt.com). Search using a name of "Disney Vacation", a document type of 'CON R', and an appropriate date range to minimize the size of the list. In your case, view the document for SSR units 90-97.

To reserve a 2-bedroom at SSR for a year would be approx 15086 points.
Since a unit may be 2 or 3 or 4 2-bedrooms, or a grand villa, the points per unit will vary accordingly.l

 

[Dean]

OK, I just bought 200 points at SSR which is .6569% of unit 94B, purchased at $86/point. This means that 100% ownership in unit 94B is equal to 30,446 points. If all points were purchased at $86 then this would be a total cost of $2,618,359 and dues would generate $121,175/month or $1,454,103/year. The maximum ownership per person allowed at SSR is 2000 points or 6.569% of a unit. Does anyone know the answer's to these questions?

1. Is each unit sold to 100% usage or is there some magic number less than 100% sold to prevent overbooking of rooms.

2. Is there a way to identify the room or group of rooms that is associated with a specific unit. It would be cool to know this and ask to stay in the unit that we actually "own".

3. Does each unit have the same number of maximum points or are some units more "expensive" than others.

DVC does not sell at least 2%. I don't think I've heard any info that would relate to how they determine that 2%. Do they hold 2% of each "unit" or just 3% at the end. My guess is they hold 2% of each unit but it's simply a guess.

The number of points for a unit is related to the rooms/sizes and types involved. Therefore the number of total possible points for a "unit" will vary with the specifics.

Remember a unit is an undivided collection of rooms so non one owns a given room. Not that it matters, but it would be possible to take your unit number and description and figure out which rooms are associated. You'd simply need the room chart and POS info related to each unit.

 

[edstewbob]

Thankyou everyone for your responses, especially DVC John who pointed me to the document that details the location of my unit. For anyone else who owns portions of units 90-97 in building 7A I saved a copy of our public filing with Orange County on my website but DIS won't let me post the link here because it requires a certain number of posts before allowing posting of links. If you would like a link to this document please PM me.