What Happens in 2042 and 2057?

[Mtnman44]

My prediction: By 2057, there will be dozens of other DVC locations. WDW will need the land space for the 6th theme park, so the old resorts will be bulldozed, with the exception of the Epcot resorts which will be rebuilt from scratch.

 

[wbl2745]

We bought at VGC which expires in 2060, at which point I will be dead, so I don't care. Our plans are to use DVC until we can't travel any more, then sell on the resell market. I doubt our children will be interested in DVC or able to afford the yearly maintenance.

 

[simmons_m]

We bought at VGC which expires in 2060, at which point I will be dead, so I don't care. Our plans are to use DVC until we can't travel any more, then sell on the resell market. I doubt our children will be interested in DVC or able to afford the yearly maintenance.

I don't plan on being dead, however I will be in my early 80's and on my 2nd or 3rd set of knees.

Although the discussion does not impact day to day decisions, it will be interesting to see how this plays out.

I hope there is an opportunity to extend, as we will be in our 60's when our bwv points expire.

 

[awilliams4]

Perhaps, perhaps not, the article really doesn't state that it was never planned or considered. But it does also state that the rooms settled. Structures do have a practical useful life.

I didn't get any maybe out of it when I read. If there was a plan to remove them, I believe they would have had a plan that did not require them to be permanently enclosed by the exterior walls and balconies.

"they were permanently enclosed in the structure by exterior walls and balconies."

 

[Chuck S]

I didn't get any maybe out of it when I read. If there was a plan to remove them, I believe they would have had a plan that did not require them to be permanently enclosed by the exterior walls and balconies.

"they were permanently enclosed in the structure by exterior walls and balconies."

There is still no doubt that some fairly severe settling has taken place in the structure. Walking along the open air corridors to the rooms, you can feel areas in the walkways that have shifted and are lower than other areas. Again, all structures have a practical useful lifetime.

 

[Dean]

I'm always amazed (and amused) when this topic comes up and you get the predictable posts saying related to being too old to care or being deceased. Personally, I'd rather have a meaningful discussion of what such issues will mean to those that DO care at the time. Many of those affected will be our kids and grandkids.

 

[TLSnell1981]

i'm always amazed (and amused) when this topic comes up and you get the predictable posts saying related to being too old to care or being deceased. Personally, i'd rather have a meaningful discussion of what such issues will mean to those that do care at the time. Many of those affected will be our kids and grandkids.

ita!!

 

[Disfamoffour]

Can anyone say condos? Think of how much cash Disney could generate by turning stand alone DVC resorts into condos.

 

[Jason@dvcstore]

I think DVC is a great product, however, I hope between now and 2042 they can come up with something even better.

I like to see things constantly improve and with that kind of time on their hands you would think they could come up with a new program that is even better.

Jason

 

[Dean]

I think DVC is a great product, however, I hope between now and 2042 they can come up with something even better.

I like to see things constantly improve and with that kind of time on their hands you would think they could come up with a new program that is even better.

Jason

Unfortunately, history suggests that most such products get worse over time rather than better but I share your dream. Generally it's 1 step forward and 2 steps back at each turn. The other issue, which I hinted at above, is that IF they don't figure out a way to convince most then owners to extend is that dues for those remaining members are likely to be VERY high. For a system that's already 20-30% above comparable options, that's scary.

 

[a742246]

I agree condos would be the way to go.

 

[SEC]

Or Assisted Living units, I wouldn't mind living close to my happy place at 69!

 

[Belle & Ariel]

Or Assisted Living units, I wouldn't mind living close to my happy place at 69!

Love it love it love it!!!


My DH saw an extremely elderly man who seemed out of it being pushed by I guess his wife on our last trip. He told me not to drag him to DW when he is 105. I said, "I can't--our points expire when we are 80".

 

[YourEveryDayAdam]

Unfortunately, history suggests that most such products get worse over time rather than better but I share your dream. Generally it's 1 step forward and 2 steps back at each turn. The other issue, which I hinted at above, is that IF they don't figure out a way to convince most then owners to extend is that dues for those remaining members are likely to be VERY high. For a system that's already 20-30% above comparable options, that's scary.

I would think that those points, and their associated dues responsibilities would fall back to Disney. They would be responsible for paying the 2042-2057 portion of the dues for the points they own.

Obviously, they would just use the points to sell rooms at retail.

 

[Dean]

I would think that those points, and their associated dues responsibilities would fall back to Disney. They would be responsible for paying the 2042-2057 portion of the dues for the points they own.

Obviously, they would just use the points to sell rooms at retail.

Obviously, but then what. What was convert? I believe it was rumored to be about 30%. Assume with ROFR and other changes over time it move up to 50% of the points by late in the game for the 2042 ending. DVD and Disney are still stuck what what to do with the resort and it's rooms. Certainly they have a lot of potential options but all of them are fraught with problems.

If they want to close off part of the resort they have the issue that each and every building is going to have owners other than Disney. They could potentially swap out deeds to consolidate and close off part of the resort but I see this as legally difficult to almost impossible. If they could narrow it down they could doze part of it, use it for CM housing, etc.

They could try to rent the additional rooms but they can't successfully rent them all now much less the extras at the time. They could do condo's or long term leases but that doesn't fit into Disney's normal approach though there's a lot of time for evolution.

One thing I know is that I wouldn't want to be a dues paying member in 2043 if they don't find away to get all resorts and most members to extend.

 

[staceymay00]

We bought OKW earlier this year through resale. I assumed that the original owners submitted their paperwork to decline the extension since our contract ends in 2042. Was the extension a one time deal or could it be possible for us to extend in the future. We would not do this until years down the road, but I'm curious if it would be possible.

Dean, your comments about not wanting to be a dues paying member in 2043 make me wonder if we should ever add on through Disney (small add on where resale plus closing is not much less than direct). I had never thought about what happens when there are not as many members left in 2043.

 

[SFD998]

Can anyone say condos? Think of how much cash Disney could generate by turning stand alone DVC resorts into condos.

I'm in for the condo idea. I know that when we reach retirement age we plan to be living as close to WDW as possible. I also know that I can't afford their new high end community, but I could definitely swing the condo.

 

[mattkev2001]

Hopefully, they will offer to the owner or inherited family members before Disney takes over. It would be the "family thing" to do.

 

[Dean]

Hopefully, they will offer to the owner or inherited family members before Disney takes over. It would be the "family thing" to do.

They will make the decision that makes business sense as they should.

 

[JimC]

I'm in for the condo idea. I know that when we reach retirement age we plan to be living as close to WDW as possible. I also know that I can't afford their new high end community, but I could definitely swing the condo.

Unlikely, unless they were willing to remove the properties from Reedy Creek jurisdiction. They did that with some of their holdings such as Celebration and the Four Seasons projects. OKW and SSR would be the only current on-site DVC properties that might be able to go that route.

On the other hand, HH and VB are wild cards in my view as to whether they will remain Disney or be sold. Much may depend on how well Hawaii and subsequent off property ventures go.