Vidanta Cirque du Soleil Theme Park In Nuevo Vallarta

[Hankmoon]

I am wondering what folks know about the new Cirque du Soleil theme park being built at Vidanta Nuevo Vallarta. Do you think it will be a hit? Will it make the resort too busy? What kinds of people do you think it will attract? Cirque has tended to be a Vegas attraction for adults but theme parks tend to target kids. I wonder who they are planning to market this theme park to and whether it will appeal to kids?

 

[T-Dot-Traveller]

The most recent Vidanta Traveller - their publication sent to owners - refers to it as " The Park "

" Bringing an Enchanted Wonderland to Life ". - (page 38) Vidanta Traveller / also on line
The Park at Vidanta Nuevo Vallarta
( mostly pictures)

1) It will have resort buildings included - Cascades ,Kingdom of the Sun
2) a water park
3) a mechanical park ( ie rides)
4) an exploration area ( ie zip line and similar inspired stuff)
5) a nighttime venue that will have room for 5000 ( ie nightly fireworks and/or entertainment)
6) other cool stuff - not yet fully formulated

It will likely open in stages .

There is a new highway ( toll road ) being built from Guadalajara to Nuevo Vallarta / Puerto Vallarta that will cut the drive time to 3 hours or better . It should be finished by 2020 .
Greater Guadalajara has 5 million people .

The Vidanta (Cirque )Theme Park will likely increase occupancy levels for Vidanta and other NV/PV area resorts from May to November with additional in- country tourism . This alone will make it a success .

I believe there will also be a separate Cirque Theatre show - similar to the one at Vidanta Riviera Maya

Regarding - making the resort "too busy "

Vidanta Nuevo Vallarta is generally at or close to full occupancy from Christmas week through April. The resort has staff levels for this . Some of these staff do not get year round hours . Vidanta also has a history of building - should the need for more " peak level occupancy " room / suites arise .

 

[hellolani]

It was heavily emphasized at my presentation that they anticipate strong attendance when the park opens and plan to tighten up their low season trading access as a result. I have mixed thoughts about this. They have threatened this for years and I have not been affected, and am in fact booked through 2019. However, the analysis that this will increase their low season attendance seems plausible and what remains to be seen is what volume will materialize.

We also had some discussion about the efforts they have made to do better qualification of sales candidates coming to presentations - decreasing the input of off the street folks and getting their wealthy owners to provide ambassador weeks to charitable galas as auction items is having great success for them in certain markets, bringing in wealthy philanthropists who they say buy 66% of the time (not totally convinced about their cited conversion rate there.) That said II's trading power system with traders is also a qualified pipeline as you need a certain quality of resort to be able to see the GL units, though it is a false assumption that all those owners came in through developer buys.

I think with a certain amount of diligence and planning one should still be able to secure quite good trades through the fall low season when kids are in school and families less likely to come - mosquito and storm season after all. It would be silly of them to deprioritize the II pipeline before giving up the random pipeline they get from off the street and in the PVR shark tank.

The next 2 years should be quite informative as the numbers come in.

 

[mikenk]

I agree it will be very interesting to see how the next few years play out with Vidanta. If the theme park is a great success (and I think it might well be), then I believe the value of ownership and exchanging will change dramatically; I'm not smart enough to project how it will all play out but it will be fun to watch.

For me personally, ownership has been fun as I feel a part of it. Many of us bought into this grand scheme years ago when Grand Mayan was the big thing; Grand Luxxe was not even a concept. Early buy-in has given us some nice vacation opportunities; so far, Chavez seems to on course to building something special.

Mike

 

[hellolani]

I agree it will be very interesting to see how the next few years play out with Vidanta. If the theme park is a great success (and I think it might well be), then I believe the value of ownership and exchanging will change dramatically; I'm not smart enough to project how it will all play out but it will be fun to watch.

For me personally, ownership has been fun as I feel a part of it. Many of us bought into this grand scheme years ago when Grand Mayan was the big thing; Grand Luxxe was not even a concept. Early buy-in has given us some nice vacation opportunities; so far, Chavez seems to on course to building something special.

Mike

Mike do you think it might still be worthwhile to look for a cheaper gm or mp contract to pick up to upgrade from?

Sent from my Pixel XL using Tapatalk

 

[mikenk]

Hellolani,

From a personal standpoint, I was at the right point at the right time when I bought resale. The resort system was growing and they wanted cash and were willing to give vacation goodies for it. I don't really know if that is really viable anymore. Certainly if you can find a GM unit with low transfer fees resale, I would jump on it. It will give you leverage to trade up. I'm just not sure it is possible to find.

 

[RJones]

Its rough, because of the transfer fees. I found a guy who has a couple of Vidanta contracts, who (lucky for me) was just trying to avoid the renewal/5 MF that was looming in the horizon. Vidanta is trying to kill the secondary market for their contracts.

 

[T-Dot-Traveller]

Its rough, because of the transfer fees. I found a guy who has a couple of Vidanta contracts, who (lucky for me) was just trying to avoid the renewal/5 MF that was looming in the horizon. Vidanta is trying to kill the secondary market for their contracts.

Vidanta / Grupo Mayan did this 10 + years ago .They wanted their product off ebay .
I have seen almost none in 2017 .

In late 2005 they moved to the 5x MF transfer price AND added " no go / no pay - MF on use only .
Almost anyone who has bought in the last 11 years has no reason to sell - as not using costs nothing .
( other than the sunk money paid when bought )

You may still find an occasional one MF to transfer / 2001 or earlier on a local Craig's list or similar .
These are the 25 year renewable contracts . The newest one have about 9 years until the 5x MF renewal .

 

[rpennisi]

Tom, I wonder if when I go in January, they would let me add a no go no pay to my 2 older MP contracts (2001, 2004) in exchange for not selling or renewing?
I am fully using my weeks right now, but might not want to in the last few years of the 25. It might be worth a try.