What's so bad about Poly?

[JWG]

I can't imagine they want the Poly to sell too fast. There's a balance of affordability and speed. There's nothing close to coming online and if they sell Poly out Hawaii becomes the only option. Slow and steady may be the plan right now.

 

[KAT4DISNEY]

They absolutely will care where the points fall. VGF will always be more or equal. thats their crown jewel. If the points are less it would diminish that.

At the point they sell a resort their management responsibility falls towards the owners. If the usage is very uneven it is their responsibility to attempt to correct it. One thing is that VGF studios may require an uptick too so it's possible they would not end up higher anyway but it will have nothing to do with a perceived "flagship" status. Moving forward DVC will continue to want to max out on their sales which could involve higher point requirements as well as higher point cost, although part of Poly's issues likely involve both of those attempts in addition to the offering. Still, it is not like the hotel side where they will charge higher cash rates for GF because of their product placement. VGF is sold and now that product placement will mean little to DVC.

 

[KAT4DISNEY]

I can't imagine they want the Poly to sell too fast. There's a balance of affordability and speed. There's nothing close to coming online and if they sell Poly out Hawaii becomes the only option. Slow and steady may be the plan right now.

The rather obvious point taken from a survey recently sent out is that DVC is attempting to determine why Poly isn't selling better.

 

[dizfan]

DVC will not be looking at the points and saying they don't want to have anything higher than VGF but even if they were, it wouldn't affect their ulltimate decisions. They have a responsibility to the members at the Poly to manage the resort as a stand alone entity and IF there is lack of usage for the 2 BR, eventually they won't have any choice. They could lower them without affecting the rest of the resort before everything is declared like they did for BWV. If it happens, it'll likely be fairly quickly without affecting studios or it'll be a few years and the studios would have to rise. Members there really wouldn't have a valid argument against it and other DVC members would have no say at all.

Dean, might they potentially consider higher points for PVB studios to be an opportunity?
For example, put the cabins at a high point level like the bungalows AND part of the existing VWL. If they don't book, raise the point for all other VWL rooms categories and lower the points for the cabins.

If this is legal, it provides them an opportunity to raise points at any resort they expand at.

 

[coastalhh]

Dean, might they potentially consider higher points for PVB studios to be an opportunity?
For example, put the cabins at a high point level like the bungalows AND part of the existing VWL. If they don't book, raise the point for all other VWL rooms categories and lower the points for the cabins.

If this is legal, it provides them an opportunity to raise points at any resort they expand at.

That's theory could explain a lot. I wonder if it is legal. No one bought into the resort that included VWL cabins (existing owners) so how could they spread those points to them? SSR had a similar thing with the tree houses but they added points to the tree houses not took away and added to existing rooms..so I am not sure it's possible. If they could do that they could screw us all by making 1 million point room per resort..say it's not booking than spread the points to all exisiting...

With all that said they could downgrade the bungalows and give them to the Studios be a use everyone that bought their bought with the same total points for the resort..but added on resorts would be tricky.

 

[KAT4DISNEY]

Dean, might they potentially consider higher points for PVB studios to be an opportunity?
For example, put the cabins at a high point level like the bungalows AND part of the existing VWL. If they don't book, raise the point for all other VWL rooms categories and lower the points for the cabins.

If this is legal, it provides them an opportunity to raise points at any resort they expand at.

It is a concern I've been having from the announcement with this new building at VWL. I'm not certain if they legally could however.

 

[DougEMG]

Don't our deeds (or whatever they are called) state that we own x% of a specific room? Or am I remembering that wrong.

 

[coastalhh]

Don't our deeds (or whatever they are called) state that we own x% of a specific room? Or am I remembering that wrong.

They do but don't they also have the points? I think the number of points was also somewhere in the language. If it was only % wouldn't those that own bungalow(according to your unit number) points own less and those that own studio own more points ? If the change happened.

 

[freediverdude]

It's true that I don't think DVC cares as much about GF being "flagship" as the hotel division does. If you go and start looking at the cash pricing versus the points pricing, it's obvious that for the hotels they add about $50 on the GF rooms "just because" for the same type of room, even though on the DVC side the points are the same.

Plus for newer resorts or build out, they are going to want to eventually charge even more and have even fancier or niche room types here and there, so they wouldn't want to be limited to always having to stay under the points pricing for VGF no matter what. And this is already evident by how they priced the bungalows even above the VGF GV in some cases.

 

[dizfan]

Don't our deeds (or whatever they are called) state that we own x% of a specific room? Or am I remembering that wrong.

Deeds are assigned to a unit. Unit could be multiple bungalows, multiple 2BRs, etc.
It states points and percentage of the unit.

A unit does not equal the total points for those real rooms. For example at BLT, a unit for two lake view 2BRs was the exact same number of points as a unit for two theme park view 2BRs.

If they lowered the points for bungalows and added them to studios. The contracts would still be for the same amount.

Once a unit shows up, they cannot legally change it without legally changing every contract for that unit.

Any new unit could be assigned any number of points Disney wants. For example, THV and Kidani were added later. If the cabins are part of VWL, they could assign them the points deemed appropriate.

At PVB, they could make units 1-5 (two bungalows) have X points. Units 6-10 (also two bungalows) could have Y points.

 

[Dean]

Don't our deeds (or whatever they are called) state that we own x% of a specific room? Or am I remembering that wrong.

As noted a unit usually isn't a single room. Sometimes it is, esp 3BR or Beach Houses. Originally VB was by floor for the lodge and they had to redo it (IIRC).

Dean, might they potentially consider higher points for PVB studios to be an opportunity?
For example, put the cabins at a high point level like the bungalows AND part of the existing VWL. If they don't book, raise the point for all other VWL rooms categories and lower the points for the cabins.

If this is legal, it provides them an opportunity to raise points at any resort they expand at.

VWL has 2 potential issues, extension and whether the new components will be added to the current resort vs made a new resort. That decision should give us insight into future extentions plans and likely outcomes regardless. Assuming they made the added portion part of the new resort and then added the same room types into the conversion, they'd have to make those the same points as the rest of the resort. But ANYTHING they made a different room type, no matter how they worded it or whether you and I saw it as different or not, could be different points and could end up changing the points of a given current villa with any future reallocations. Just think value vs standard vs savannah at AKV or Inn room vs studio at VB (though they are the same points for ocean view). I don't see DVC doing it with this intent, I just don't see this as their style, but they certainly could do so and some would have a different opinion about the THV. I'm reminded of the BLT reallocation after sales began but before it opened.