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

[Cfabar1]

Until Disney is ready to totally cede the convention business to Marriott Swan & Dolphin, I don't see this happening.

I think closer to 2042 we may see some conversions/elaborations maybe..... The points charts are a huge problem and a major disincentive for DVD to move too quickly in this area. That said, I think VGF/Poly is about the maximum that the market will bear with points charts and DVD has to be careful.

 

[Jwaire]

It's been on the leaked list of DVC expansions for awhile, but for whatever reason, they've so far chosen not to do it.

I expect it will come eventually. It's just not as big of a priority because it enjoys additional revenue from conferences and as a by-product, concierge rooms.

 

[DanCali]

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.

Even if they managed to squeeze 5 million points out of it, at $200/point that's $1 billion in sales.

 

[Yankee626]

How did you arrive at this number?

14 Million points times $240 a point.

 

[Yankee626]

Until Disney is ready to totally cede the convention business to Marriott Swan & Dolphin, I don't see this happening.

I think closer to 2042 we may see some conversions/elaborations maybe..... The points charts are a huge problem and a major disincentive for DVD to move too quickly in this area. That said, I think VGF/Poly is about the maximum that the market will bear with points charts and DVD has to be careful.

DVC could put any Point value they want on a new resort. They are not tied into the BCV or BWV point charts at all. CCV actually kept about the same point charts as BRV . That was a mistake I capitalize on. The 1 and 2 Bedroom Point charts at CCV is a bargain compared to other newer resorts like VGF or RRV .

 

[Sandisw]

DVC could put any Point value they want on a new resort. They are not tied into the BCV or BWV point charts at all. CCV actually kept about the same point charts as BRV . That was a mistake I capitalize on. The 1 and 2 Bedroom Point charts at CCV is a bargain compared to other newer resorts like VGF or RRV .

CCV point charts were put that low because of BRV being there, and because they sleep just 4. While there are YC fans out there, I honestly don’t think it will sell so much better than a nee BCV or BWV will down the line.

 

[BeachClub2014]

14 Million points times $240 a point.

You're joking, right? That's not even close to a realistic number. How do you come up with 14 million points?

 

[NVDISFamily]

In the meantime they struggle to sell Riviera

During our last trip in June I had quite a few interesting conversations with guests at Riviera in the Lobby and at the pools during our resort stay. Lots of smiling faces of people buying into DVC and saying "I just purchased the most expensive backpack Disney sells" as well as more than a few guests who had just paid cash for the rooms using their Disney Visa or AP discounts and who loved the resort. When they overheard us DVC people talking about our ownership/points/resorts (and it was obvious they had already had some chats with some DVC people/guides) it lead to some interesting conversations in the SPA. Long story short - I think Riviera is likely doing well with a mix of cash stays and sales.

To more directly answer your question. The rumor is that the next DVC in the area will be on the front side of EPCOT likely to tie into the Monorail and busses and lower the demand on the International Gateway side of things....

Also, I could see them be tempted to add more DVC in the area but my guess would be in 2042 they just do a major remodel to BC and add a tower or something to it.

 

[crisi]

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.

And its great in other ways as well. Conference attendees for Orlando conferences bring in families, families sell park tickets - and families on a vacation where Mom or Dad's room and airfare has been paid for by the company are often fairly big spenders - not the "we go to Disney every year, so we don't need a park ticket every day and we don't need a ton of souvenirs" spenders that DVCers can be.

Conferences bring vendors and vendors take prospective clients out to dinner - filling Disney's restaurants with people on sales expense budgets.

Conferences will even pay to buy out a park for an evening.

 

[Mirabell Rose]

Have done a conference at Disney Coronado. Plus’s were there were relatively inexpensive direct flights, shuttles at the time free from airport to resort, and it was a nice one to bring family along. Big minus was the dining situation. The business conferences were ones where making connections was one of the big purposes and your group for dinner formed throughout the day depending on the connections that day. The Disney ADR system was awful for that.

I know they added to Coronado in order to host bigger conference, but it sounds like they have decent bookings for smaller ones at Yacht. I doubt conference goers would want to pay for villa accommodations.

Maybe they can convert the Star Wars hotel to a conference center and then Yacht Club can become DVC? One can hope. I agree it would be a popular DVC resort.

 

[Cfabar1]

That’s an interesting/compelling idea…. The Hollywood Studios Conference area becomes the SW hotel complete with shuttle service and maybe some rooms too getting you from MGM studios and the hotel….

 

[TheDailyMoo]

On a related note do these conference attendees get free park tickets on the company?

 

[Marrila]

On a related note do these conference attendees get free park tickets on the company?

The benefits can vary greatly depending on the sponsoring organization or corporation.

 

[Jwaire]

On a related note do these conference attendees get free park tickets on the company?

I've always had to pay, but they are discounted. However, I'm sure each company is different.

Here's 2022's standard conference ticket prices:

 

[TheDailyMoo]

I've always had to pay, but they are discounted. However, I'm sure each company is different.

Here's 2022's standard conference ticket prices:

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I'm guessing a lot of attendees make it a trip? Bring families and what not. Stay before or after the conferences.

 

[crisi]

On a related note do these conference attendees get free park tickets on the company?

I've been to conferences where attendees have a park day as part of the Conference - in one case two days for a guest and one for attendees post conference. I've been to conferences where the sponsors buy out the park for an evening - the park closes early to regular guests and then opens for conference attendees. Its really variable as to the industry, the conference, the conference size, what the conference is for, etc. Some of these conferences aren't conferences at all - they are sales meetings, or "top seller" reward boondoggles - those tend to hand out more goodies.

And I've been to conferences where you get a t-shirt and a cheap conference bag a convention center buffet lunch and one vendor night with two drink tickets for bad wine and beer. And conferences where you get to attend sessions and that's pretty much it.

 

[DonMacGregor]

You're joking, right? That's not even close to a realistic number. How do you come up with 14 million points?

You take SSR, the largest DVC resort, point-wise and by room count at 13 million points, randomly add on another million just because, then ignore the fact that there are almost 1,300 DVC rooms at Saratoga…

 

[DonMacGregor]

Even if they managed to squeeze 5 million points out of it, at $200/point that's $1 billion in sales.

Jambo House would be the closest at 214 rooms, and it only has 1.8 million points, so we’re really down to around $360-$400 million.

 

[zavandor]

Maybe with studios at 300 points per night?

 

[crisi]

Jambo House would be the closest at 214 rooms, and it only has 1.8 million points, so we’re really down to around $360-$400 million.

And hotel rooms don't turn into DVC villas with the snap of the fingers - unless you want the Poly with all studios all the time - and even then there is a remodel involved. And it doesn't look like they want a repeat of the Poly all studios all the time. To get one and two bedroom units out of the existing infrastructure will eat up a lot of the money they'd make selling points.