Why Doesn't DVC turn the Yacht club into Villas ?

[Yankee626]

Is there some unknown reason that the Yacht club isn't part of DVC ? Disney could cheaply turn these rooms into DVC studios quickly, name their price and sell it all in under 6 months. Heck they could probably sell half the resort to existing DVC owners without an incentive. In the meantime they struggle to sell Riviera where they had a huge investment in a new rebuild and had to add the Skyliner to boot. This is a no brainer to me. Who here would not be interested in adding points at the new YCV !

 

[crvetter]

A few things here: DVC doesn’t seem to be aggressively discounting Riviera compared to the other active resorts, there seems to be some general consensus this is because cash bookings are extremely strong there (compared to GF which isn’t actually that strong contrary to the general consensus, why Big Pine Key was likely converted to DVC). The other reason is Yacht is super strong with conference guests so cash bookings there is stable so incentive to convert to DVC, again rooms converted at current hotels isn’t done to sell DVC but done to create stable income on a hotel that isn’t performing well. As for new DVC builds (VDH, RIV, etc) is to create a new surplus stream of guests but reduce their capital costs to do so.

 

[2xcited2sleep]

I don't think they're having trouble filling the rooms for cash (and at ~$600-800 a night).

 

[gmi3804]

As noted above, YC has significant meetings and conferences space, and that's not a good fit with the DVC model.

 

[Yankee626]

As noted above, YC has significant meetings and conferences space, and that's not a good fit with the DVC model.

I'm sure they would have to do away with the conference hall. ( Maybe add more Villas) There always seems to be vacant rooms at that resort. Isn't the idea to insure 100% occupancy all the time ? I would expect DVC customers to spend more money at the Parks too. Just seems like too good of a location to waste on conference space.

 

[gmi3804]

I'm sure they would have to do away with the conference hall. ( Maybe add more Villas) There always seems to be vacant rooms at that resort. Isn't the idea to insure 100% occupancy all the time ? I would expect DVC customers to spend more money at the Parks too. Just seems like too good of a location to waste on conference space.

I imagine conference revenues make up any difference in lower occupancy or they’d have done away with it a long time ago.

 

[CarolynFH]

rooms converted at current hotels isn’t done to sell DVC but done to create stable income on a hotel that isn’t performing well.

Another good example of this is CCV. Disney had trouble selling all those cash rooms (except during the holidays), even though WL was the "cheapest deluxe," so they gave literally half the WL resort rooms to DVC. Now the remaining WL rooms book up more quickly, and at higher prices to boot. A win for the WL Resorts and a win for DVC.

 

[Marrila]

They book a lot of conferences at the Yacht Club. It's a repeat destination for many events.

 

[Yankee626]

There are 650 rooms at the Yacht club. This is twice the amount of the Riviera. If they add 200 rooms by getting rid of the conference center they could bring in 3-4 BILLION in sales here.

 

[BeachClub2014]

There are 650 rooms at the Yacht club. This is twice the amount of the Riviera. If they add 200 rooms by getting rid of the conference center they could bring in 3-4 BILLION in sales here.

How did you arrive at this number?

 

[Marrila]

There are 650 rooms at the Yacht club. This is twice the amount of the Riviera. If they add 200 rooms by getting rid of the conference center they could bring in 3-4 BILLION in sales here.

I think Disney is happy with the numbers of corporate events and conferences booked at the Yacht Club. It's a great resort with lots of amenities that make it desirable for such uses.

 

[crvetter]

There are 650 rooms at the Yacht club. This is twice the amount of the Riviera. If they add 200 rooms by getting rid of the conference center they could bring in 3-4 BILLION in sales here.

Umm…that’s 650 hotel rooms. Riviera is significantly larger considering the 1 beds take up 2 hotel rooms, 2 beds take up 3 and 3 beds take up 4+. It be more a conversion like CCV or even more like BPK if they did it. Though I still don’t expect it to happen anytime soon.

 

[RichVIII]

Convention business is good business (post-pandemic) for YC. Having looked to bring an event to YC as well as Swan/Dolphin they typically fill business days versus weekend days (to rent for cash) with guarantees on how many rooms you will book plus guaranteed food and beverage spend (typically a minimum of 50k+ for two day conference). And if you don’t fill the rooms, you pay for them regardless. So they are basically locking in room and food spend, often a year plus out and it is on the conference organize if you don’t spend the money. They also usually allow some nights pre/post to also sell to conference attendees. They also offer some discounted “evening only tickets” to further generate revenue.

 

[DonMacGregor]

Convention business is good business (post-pandemic) for YC. Having looked to bring an event to YC as well as Swan/Dolphin they typically fill business days versus weekend days (to rent for cash) with guarantees on how many rooms you will book plus guaranteed food and beverage spend (typically a minimum of 50k+ for two day conference). And if you don’t fill the rooms, you pay for them regardless. So they are basically locking in room and food spend, often a year plus out and it is on the conference organize if you don’t spend the money. They also usually allow some nights pre/post to also sell to conference attendees. They also offer some discounted “evening only tickets” to further generate revenue.

This right here. On the other coast, Disneyland Hotel does nearly year-round convention business. One conference I attend there has around 1,400 attendees, and consumes a room block of nearly 700 rooms (yes, SEVEN HUNDRED, I'm good friends with the organizer), with overflow going to Grand Californian and Pixar Place. With the addition of VDH, DLH is now one of the biggest non-value resorts by room count of any Disney hotel in the US, and they didn't give up a single room to DVC or reduce their convention facility by a single square foot.

 

[Sandisw]

YC seems to be one of the best performing hotels for deluxe for the hotel division. Between conferences, etc, and your average cash guest, it’s enough to make it profitable.

My guess is that as long as it’s creating revenue for the hotels division, there is no need for them to want to turn it into DVC.

Now, maybe when we get closer to 2042, they will do something there, and change some of BWV or BCV to be cash for conferences?

 

[maui22]

Now, maybe when we get closer to 2042, they will do something there, and change some of BWV or BCV to be cash for conferences?

Doing something when 2042 nears makes a lot of sense. Doing anything before 2042 is difficult because the point charts for this area are bargains compared to RIV, VGF, PVB, and PVT (Poly villas tower).

At that time, Disney can move the parking area and expand BCV to double-triple the size by expanding to the current parking area.

Disney will be very happy to see so many resale buyers and even direct purchasers at resorts without restrictions unable to access the new BWV, BCV, YCV area.

 

[zavandor]

DVC at the YC would make SAB even busier. I don't know how many conventioners go to SAB, but DVC families certainly do.

 

[sndral]

Yeah, no - it was only 5 years ago that they did a big refurb + addition to the YC’s convention center https://www.disneymeetingsandevents...xpansion-at-disney-s-yacht-beach-club-resort/ they seem committed to using the YC for those events opting instead to build the Riviera to add DVC inventory in that area.

 

[dvc lover 1970]

NO NO NO! I love the yatch club and would never want to see DVC resort there. It is the perfect hotel.

 

[dvc lover 1970]

Doing something when 2042 nears makes a lot of sense. Doing anything before 2042 is difficult because the point charts for this area are bargains compared to RIV, VGF, PVB, and PVT (Poly villas tower).

At that time, Disney can move the parking area and expand BCV to double-triple the size by expanding to the current parking area.

Disney will be very happy to see so many resale buyers and even direct purchasers at resorts without restrictions unable to access the new BWV, BCV, YCV area.

Parking lot at BC is already full. They absolutely cannot take from the parking lot.