Wilderness Lodge II Announced (9/22/15)

DVCnews.com now has a good discussion going addressing the many questions everyone has. But it's all educated guesses and speculation at this point....
 
i think this is awful 2 different associations for the same resort.....my guess is your going to have a bunch of points come online for cabins that no one can really afford so same thing with poly more people going at the 7th month window for 1 bed rooms and 2 bedrooms.....they are just going to add stress to that resorts bus and boat system and dining......not a fan its unoriginal and lazy........
 

DVCnews.com now has a good discussion going addressing the many questions everyone has. But it's all educated guesses and speculation at this point....

Completely agree.

Disney once announced Eagle Pines. It never happened because plans change.
 
I don't see how they could have made it one resort. Giving the people who originally purchased at $68 with a 2042 expiration the same 11 month access as those they want to sell at $165+ and a 2065 expiration.
 
All opinion - this was brilliant. Watch for it to happen elsewhere....

As contracts draw to a close.... what was the end game for WDW? They just developed one.

NO ONE will buy into a contract that will expire within 3 years. NOW, WDW has developed a model of overlapping contract offerings, keeping a site alive, and giving them the opportunity to tear down/rebuild a DVC site that is "out of support" when a contract ends :). Good move :).
 
I for one would be extremely dismayed if this was the sole direction they were planning to go. I would be all over extensions for my current contracts, but I have a feeling that the majority of DVC owners would not buy into a new resort in lieu of an extension, based on age demographics.
 
What do you think they'll name the new DVC?

Perhaps this?

http://i235.*************************************Resorts/Logos/VWL2b.png​

Nah.

It's too similar to the existing VWL.

What about this?

http://i235.*************************************Resorts/Logos/VWL2c.png​

Nah.

It would still be confusing.

What about this?


http://i235.*************************************Resorts/Logos/VWL2a.png​

Nah.

It lacks imagination.

I think this would be a good name:


http://i235.*************************************Resorts/Logos/VWL2d.png​

Yeah, that's it!

:)


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i think this is awful 2 different associations for the same resort.....my guess is your going to have a bunch of points come online for cabins that no one can really afford so same thing with poly more people going at the 7th month window for 1 bed rooms and 2 bedrooms.....they are just going to add stress to that resorts bus and boat system and dining......not a fan its unoriginal and lazy........
It seems the logical choice in the absence of a wholesale push for extension at VWL and others. As I've posted before, this is not uncommon in the timeshare world. I know of several resorts that have 3 or 4 different timeshare companies at a given resort. Marriott has done this quite extensively and the THV should have been separate. It will put pressure on the other options including the 7 month window but likely not that much, certainly nothing like SSR has done though it might be additive. It really depends on specifics, I think one can look to the Poly specifics as a benchmark. Adding to 2042 resorts really will require either this approach or a preceding extension. Given the DVC approach, it's really not a big deal from a management or common elements standpoint. It will become problematic for the pool and other amenities that are legally included in a given resort but for the restaurants and regular resort pools, there's really nothing to complain about because there's no legal obligation. If they add on to the Poly in the next few years to expand 1 & 2 BR options, it'll very likely be the same resort.

I don't see how they could have made it one resort. Giving the people who originally purchased at $68 with a 2042 expiration the same 11 month access as those they want to sell at $165+ and a 2065 expiration.
I don't think the price paid would be an issue but the expiration is a major one.
 
It is going to be weird. I assume the point requirements will be similar to the last few DVC resorts. The new section of VWL will cost twice as much points per night to stay while share the resort facilitates with thr older section.
 
What do you think they'll name the new DVC?


I think this would be a good name:


http://i235.*************************************Resorts/Logos/VWL2d.png​

Yeah, that's it!

:)


Sweet, Mike! :)

I agree that it will be weird. But I honestly don't know of any other way that Disney could have done this. Of course, the new accommodations will have to be a substantial step up in amenities and points vs the current ones. And who knows what perks they might reserve only for VWL 2 owners. They clearly have to do something to justify the point cost discrepancy.

Since we have no intention of needing our DVC ownership past 2042, this will work for us as long as current VWL owners do not have to pick up any of the costs associated with this expansion.
 
Completely agree.

Disney once announced Eagle Pines. It never happened because plans change.

I agree also, but since they are about 3 weeks away from breaking ground, I have a feeling this one will happen.

It will be interesting to follow, that's for sure. :)
 
I for one would be extremely dismayed if this was the sole direction they were planning to go. I would be all over extensions for my current contracts, but I have a feeling that the majority of DVC owners would not buy into a new resort in lieu of an extension, based on age demographics.
The problem with an extension for current owners ..... If you don't sell your contract, the extension has no value until 2042.

Yes, a new buyer might think an extended contract is worth more, but an extension is worthless to existing owners that run the math.
 
The problem with an extension for current owners ..... If you don't sell your contract, the extension has no value until 2042.

Yes, a new buyer might think an extended contract is worth more, but an extension is worthless to existing owners that run the math.
I totally see your point, but I would personally much rather extend at $15/pt than have the whole contract go to turf in 25 years and be forced to pay upwards of $200/pt for a new contract if we want to continue owning there, and I would think that I am not alone in that. I realize that it would depend on everyone's individual needs and intentions for their existing VWL contracts (leave it to kids, etc.).
 
i think this is awful 2 different associations for the same resort.....my guess is your going to have a bunch of points come online for cabins that no one can really afford so same thing with poly more people going at the 7th month window for 1 bed rooms and 2 bedrooms.....they are just going to add stress to that resorts bus and boat system and dining......not a fan its unoriginal and lazy........

Most of the rooms will be converted hotel rooms so no added guest traffic there. The only new accommodations are the cabins, which will add some traffic to the resort but not a tremendous amount. Wilderness Lodge is one of the smallest Disney Deluxe properties so transportation systems can be expanded.

It is going to be weird. I assume the point requirements will be similar to the last few DVC resorts. The new section of VWL will cost twice as much points per night to stay while share the resort facilitates with thr older section.

I doubt rooms will cost twice as many points in VWL II as VWL I. If you compare VWL Studios to Poly Standard View, here's how the nightly weekday costs stack up for each season:

VWL: 15 / 15 / 16 / 17 / 24
PVB: 16 / 18 / 21 / 23 / 31

Not even close to twice the cost and Poly will certainly be priced higher than VWL II due to the large rooms, monorail access and Seven Seas Lagoon location.

It's entirely possible that VWL II point costs will be identical to VWL I.

I totally see your point, but I would personally much rather extend at $15/pt than have the whole contract go to turf in 25 years and be forced to pay upwards of $200/pt for a new contract if we want to continue owning there, and I would think that I am not alone in that. I realize that it would depend on everyone's individual needs and intentions for their existing VWL contracts (leave it to kids, etc.).

You'd have to take a look at the exact dollars and compute present value.

Owners who choose NOT to extend could instead place those monies in an interest-bearing investment account. By the time the shorter contract ends, you would have a much greater sum of money available to purchase a short-term resale or simply pay cash for Disney trips.

Back when the Old Key West extension was offered, folks calculated that the present value of the extension was around $8 per point taking time value of money into consideration. DVC was asking $15 per point. Not much of a bargain.

The OKW extension was offered about 34 years before needed--2008 if memory serves. Invest the $15 per point at just 4% annual return and by 2042 you'd have $55 per point. Seems very reasonable to think that by 2042, you could buy a DVC resale with just 15 years remaining for less than $55 per point? Right now, people are asking about $75 per point for a resale with 27 years remaining.

Meanwhile, owners who extended and later had to sell their OKW ownership are finding they can't even get the $15 back in the form of higher value, much less any interest on that payment. Contracts ending in 2057 are not going for $15 per point more than '42 contracts.
 
I agree also, but since they are about 3 weeks away from breaking ground, I have a feeling this one will happen.

It will be interesting to follow, that's for sure. :)

I agree something will be built.

I poorly tried to point out they could change their minds on how it becomes part of the system. By the time this is completed, there may be a different person in charge of DVD. In corporate America, the one sure thing is that future visions change many times.

Guess we better stock up on popcorn. The next few years will be very interesting.
 
I poorly tried to point out they could change their minds on how it becomes part of the system. By the time this is completed, there may be a different person in charge of DVD. In corporate America, the one sure thing is that future visions change many times.

Agree...things can change. But adding to the existing VWL condo association always seemed like a longshot. Recent changes to Florida timeshare law formalized the ability to extend leases with stated end dates. But that same law requires that properties reach 25 years old before they can be extended. VWL won't even turn 15 years until later this year.

And selling more points without that contract extension is even more unlikely.
 
What do you think they'll name the new DVC?

Perhaps this?

http://i235.*************************************Resorts/Logos/VWL2b.png​

Nah.

It's too similar to the existing VWL.

What about this?

http://i235.*************************************Resorts/Logos/VWL2c.png​

Nah.

It would still be confusing.

What about this?


http://i235.*************************************Resorts/Logos/VWL2a.png​

Nah.

It lacks imagination.

I think this would be a good name:


http://i235.*************************************Resorts/Logos/VWL2d.png​

Yeah, that's it!

:)
I think they will be the Whispering Canyon Villas!

If you call about a cleaning issue, a CM will leave 20 vacuum cleaners in your room.:rotfl2:
 
It will be interesting to see if this new expansion at VWL is mentioned in an upcoming edition of Disney Files.
 



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