Why is there a banking deadline?

[Just People]

I think the banking deadline is 5 months before use year?? What would DVC lose by having the banking deadline be the day before use year renews? I don't how DVC will lose money.

 

[OKW Lover]

Its a way of managing inventory. It allows them to better know when points will be used and can then plan for how many units they can place for cash nights. Without that advanced planning ability you might find DVC units going vacant and not generating any revenues for the members.

 

[disneynutz]

Its a way of managing inventory. It allows them to better know when points will be used and can then plan for how many units they can place for cash nights. Without that advanced planning ability you might find DVC units going vacant and not generating any revenues for the members.

Nice way to look at it. IMO expired points equals rooms available for Disney to make money on, yes the DVC gets some too but that isn't their primary reason.

Bill

 

[Just People]

Bummer.

 

[Sammie]

It used to be you could bank in percentages and closer to your use year. If you had a Feb use year it was 100% banked by end of July, 50% by the end of October and 25% by the end of Nov.

Jim Lewis decided the members were not smart enough to figure out the staggered banking and changed it to 4 months prior.

I liked it the way it was.

 

[KAT4DISNEY]

It used to be you could bank in percentages and closer to your use year. If you had a Feb use year it was 100% banked by end of July, 50% by the end of October and 25% by the end of Nov.

Jim Lewis decided the members were not smart enough to figure out the staggered banking and changed it to 4 months prior.

I liked it the way it was.

If it had been 100% by Sept, 50% by Oct and 25% by Nov I'd agree but wouldn't like the 100% at 6 months and declining after that.