DVC ROFR Buy Back Rate at 2 Year High

According to the DVC Resale Market June Right of First Refusal (ROFR) Report, the DVC buy back rate for June was 14% compared to 2% for the same period last year, despite average resale prices having increased over 20% during the period, indicating very strong demand.

Price Per Point and Buy Back Rate June 17 to June 18
© DVC Resale Market

DVC deeds provide DVC the Right of First Refusal (ROFR) to purchase any resale contract sold by any DVC Member.  DVC exercises their ROFR in order to sell sold out resorts direct to new and existing DVC Members.  Saratoga Springs, Animal Kingdom, and Old Key West, which have the lowest direct prices for any Walt Disney World Resorts, were the top 3 resorts DVC exercised their ROFR for this year.

ROFR chart by resort June 2018
© DVC Resale Market

Read the complete report here.

What do you think of this news?  Is it time to buy or sell?
Join the conversation on our Community Forums

2019 DVC Member Cruises on Sale

DVC Members can book two 2019 DVC Member Cruises starting today by calling DVC Member Services.  DVC Member Cruises feature special shows, entertainment, commemorative gifts, and décor exclusively for DVC Members.  Cruises can be booked with Vacation Points or cash.

Bermuda
  • 7-night cruise departing from New York City on the Disney Magic
  • October 5-12, 2019
  • More details

 

2019 Member Cruise: Pacific Coast

Pacific Coast, California and British Columbia, Canada
  • 5-night cruise departing from San Diego on the Disney Magic
  • May 15-20, 2019
  • More details
Are you going on a Member Cruise or have you gone before?
Join the discussion on our Community Forums

Summer 2018 Disney Files Magazine

The Summer 2018 Disney Files Magazine is now available online, and has started to show up in DVC Members’ mailboxes.  This volume includes a message from outgoing Senior VP of DVC, Ken Potrock, who has been replaced by Teri Schultz.

Other features include articles on Toy Story land, Kurt Russell, the new Pixar Play Zone at Disney’s Contemporary Resort, Upcoming 2018 DVC Holiday Events, the 2018 DVC Condominium Association Meeting, Reunion Station at Wilderness Lodge and other Membership Magic events, Pixar Pier and other new and coming attractions, new Disney movies Incredibles 2 and Christopher Robin, a new book on Oswald the Rabbit, and 65 Years of Peter Pan.

What do you think of the news in the latest Disney Files?
Join the Discussion on our Community Forums.

New Disney Vacation Club Member Site Enhancements

As announced at the 2017 DVC Member Annual Meeting, the Disney Vacation Club Member Site has been updated with several enhancements to the Booking tool.

UPDATE 6/28:

Just a week after DVC enabled modifying reservations online, they have disabled the functionality on the site:

Modify Reservations

Enhancements

  1. Ability to search multiple resorts and room types in the booking tool
  2. Ability to specify searching only home resorts or only WDW resorts in the booking tool
  3. Ability to modify existing reservations to change guests, dates, resort, or room type by expanding your reservation under My DVC Membership > My Dashboard > My Vacation Plans  and clicking View or Modify Details:

    Dashboard
  4. Membership Details including points, banking deadlines, etc. are now available directly from Booking tool by clicking View Details at the top of the screen next to your Membership number:
     Booking Tool Points DetailsBooking Tool Membership Details

Removed Features

Along with these enhancements, several features have been removed or replaced:

  1. The Resort Availability Tool (aka RAT) has been combined with the Booking Tool, allowing you to search availability across multiple resorts and room types and book available resorts in a single tool.  The new tool is available under My DVC Membership > Book Online.
     
  2. The Upcoming Vacations menu item has been removed.  This information is now available under My DVC Membership > My Dashboard.
     
  3. You can no longer add Disney Dining Plan online.  You must call DVC Member Services to do this.
What do you think of these enhancements and changes?
Join the Discussion on our Community Forums.

Polynesian Connecting Studios Category briefly added to Resort Availability Tool

The Disney Vacation Club Member site briefly added a Deluxe Connecting Studios – Standard View category to the Resort Availability Tool (RAT) this morning:

PVB Connecting Studios

A corresponding booking category was not added to the booking tool and the category was subsequently removed from the RAT, however it’s appearance is a strong indication it will be added to the booking tool in the future.

What do you think about this change?

Join the discussion on our Community Forums.

Remaining 2018 Disney Vacation Club Holiday Events

The dates and locations have been announced for the remaining Disney Vacation Club paid holiday dinners and parties:

Walt Disney World

  • October 31: Disney Vacation Club Halloween Party
    Disney’s Contemporary Resort
  • November 22: Disney Vacation Club Thanksgiving Dinner
    Disney’s Contemporary Resort
  • December 24: Disney Vacation Club Holiday Dinner
    Disney’s Contemporary Resort
  • December 30: Disney Vacation Club New Year’s Eve Party
    Disney’s Contemporary Resort

Disneyland Resort

  • October 31: Disney Vacation Club Halloween Party
    Disney’s Grand Californian Hotel & Spa
  • December 24: Disney Vacation Club Holiday Dinner
    Disney’s Grand Californian Hotel & Spa

Details

Price, times, and booking information will be posted to the Disney Vacation Club Events Calendar once available.

Eligibility

The events listed here are considered “Membership Extras,” and
eligibility restrictions apply.

 

Are you planning on going to any of these or have gone in the past?

Join the discussion on our Community Forums.

2018 DVC Condominium Association Meeting

The 2018 Disney Vacation Club Condominium Association Meeting is scheduled to take place on December 13, 2018 at Walt Disney World Resort.  The time and location details for the annual condominium association meeting have not been announced.

The Condominium Association Meeting is a formal meetings of the Board of Directors for all DVC Resort Condominium Associations, where the budgets for the coming year are officially approved.  Following the official meeting, Disney Vacation Club typically talks about the latest (or upcoming) Disney Vacation Club resort, membership benefits, etc.

After the meeting, there is a member reception where representatives from each resort are present to provide feedback and ask questions, along with representatives from DVC (e.g. Terri Shultz, VP DVC).  Cookies and drinks are typically served along with photo opportunities with Mickey and friends.

Are you planning on going this year or have you been in the past?

Join the discussion on our Community Forums

Terri Schultz New VP of Disney Vacation Club

The ranks at The Walt Disney Company continue to shuffle following the strategic reorganization announced by Disney this spring.  As we reported in April, Jeff Vahle was announced as the new President overseeing Disney Signature Experiences.  Ken Potrock, the former Vice President of Disney Vacation Club under Jeff, is moving to a new role as President, Consumer Products Commercialization.

Terri Schultz will be the new Vice President of Disney Vacation Club.  Prior to becoming VP of DVC, Terri served as Vice President, New Vacation Operations & Disney Cruise Line Finance, and served as Treasurer for Disney Vacation Club Condominium Associations, Inc.

What do you think of this change?

Join the discussion on our Community Forums.

Summer 2018 Direct Purchase Incentives Increased for Aulani, Reduced for Copper Creek

Copper Creek Direct Purchase Incentives

DVC Spring 2018 Direct Purchase Incentives expired on May 30.  The new Summer 2018 incentives were reduced across the board for Copper Creek Villas & Cabins, resulting in an effective price per point after incentives ranging from $163-$176 per point (compared to $156-$176 per point with previous incentives).  This is the first time Copper Creek incentives have been reduced since the resort went on sale, possibly due to healthy sales at Copper Creek.

Copper Creek Direct Purchase Incentives – New Members

Minimum
Vacation
Points
Developer CreditEffective
Credit/
Point
Effective
Cost/
Point
100$0$0.00$182.00
150$1,000$6.67$175.33
175$2,000$11.43$170.57
200$2,500$12.50$169.50
250$3,500$14.00$168.00
300$5,000$16.67$165.33
350$6,000$17.14$164.86
400$7,000$17.50$164.50
500$8,750$17.50$164.50
600$10,500$17.50$164.50
700$12,250$17.50$164.50
800$14,000$17.50$164.50
900$16,000$17.78$164.22
1000$19,000$19.00$163.00

Copper Creek Direct Purchase Incentives – Existing Members

Minimum
Vacation
Points
Developer CreditEffective
Credit/
Point
Effective
Cost/
Point
50$0$0.00$182.00
125$750$6.00$176.00
150$1,500$10.00$172.00
175$2,000$11.43$170.57
200$2,500$12.50$169.50
250$3,500$14.00$168.00
300$5,000$16.67$165.33
350$6,000$17.14$164.86
400$7,000$17.50$164.50
500$8,750$17.50$164.50
600$10,500$17.50$164.50
700$12,250$17.50$164.50
800$14,000$17.50$164.50
900$16,000$17.78$164.22
1000$19,000$19.00$163.00

Aulani Direct Purchase Incentives

Incentives for Aulani were significantly increased, resulting in an effective price per point after incentives ranging from $145-$159 (compared to $156-$176 per point with previous incentives).  With an effective price per point after incentives as low as $145 per point, Aulani direct prices are now only a $35 premium over the average resale listing price for Aulani ($110), possibly representing an increased urgency to increase sales at Aulani, which have continued to lag behind the newest Walt Disney World DVC resort for 8 years.

Aulani Direct Purchase Incentives – New Members

Minimum
Vacation
Points
Developer CreditEffective
Credit/
Point
Effective
Cost/
Point
100$0$0.00$182.00
150$3,500$23.33$158.67
175$5,000$28.57$153.43
200$5,750$28.75$153.25
250$7,750$31.00$151.00
300$10,000$33.33$148.67
350$12,000$34.29$147.71
400$13,900$34.75$147.25
500$17,850$35.70$146.30
600$21,400$35.67$146.33
700$25,000$35.71$146.29
800$28,500$35.63$146.38
900$32,400$36.00$146.00
1000$37,200$37.20$144.80

Aulani Direct Purchase Incentives – Existing Members

Minimum
Vacation
Points
Developer CreditEffective
Credit/
Point
Effective
Cost/
Point
50$0$0.00$182.00
125$3,000$24.00$158.00
150$4,250$28.33$153.67
175$5,250$30.00$152.00
200$6,250$31.25$150.75
250$8,000$32.00$150.00
300$10,750$35.83$146.17
350$12,500$35.71$146.29
400$14,250$35.63$146.38
500$17,850$35.70$146.30
600$21,400$35.67$146.33
700$25,000$35.71$146.29
800$28,500$35.63$146.38
900$32,400$36.00$146.00
1000$37,200$37.20$144.80
What do you think of these latest incentives?
Join the discussion on our Community Forum.