New Aulani Rates Released

New Aulani MF rates were released $5.73. That means MF for 2 bed Premier season is $3410.

Not good news for Aulani.

Let's do the math: 2BR ocean view, prime season: 595 points
Purchase price: $100/pt or $59,500, amortized over say 20 years = approx $3000/yr
Annual MF: $3400/yr, increasing annually
Total cost/yr: $7400, or slightly more than $1000/night.

Um, no. Somebody has lost their mind!

It's worse than that if you include opportunity cost on the purchase price....

How do those MFs compare with, say, the Marriott next door?

Edited to add: they were off by A LOT. Original dues were $4.31.

At a 3% annual increase, dues on those points will be:
In 5 years: $4000/yr
In 10 years, $4500/yr
In 15 years, $5300/yr

Yikes!

bnoble said:

It's worse than that if you include opportunity cost on the purchase price....

How do those MFs compare with, say, the Marriott next door?

Edited to add: they were off by A LOT. Original dues were $4.31.

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Marriott Ko'Olina is about $1750/yr ... give or take.

Interesting. Even a low-season/parking-lot view 2BR would run $1,965 for a week in dues alone.

officially opened up last night

Get ready to get in line for a tour! The price is over the top! Only the rich or someone who is playing it rich would buy here!

Maybe there will be some availability in RCI for these sometime soon? :whoopie: I would love to trade into Aulani for a week. I could get something else pretty easily, for a second week on Oahu. It would be a crazy-do-it-because-you-can trip for us.

bnoble said:

Interesting. Even a low-season/parking-lot view 2BR would run $1,965 for a week in dues alone.

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Given that it's 343 pts for the week, if you rented points from an owner at $10/pt it would cost $3430.

What would it cost to rent the same type of week elsewhere ?

Chris

The Marriott next door goes for significantly less.
http://www.redweek.com/resort/P4793-marriotts-ko-olina-beach-club#rentals

(Pro Tip: that took me all of five minutes to find. You could have easily answered your own question...)

I'm not sure that Aulani is going to command the same sort of rental premium vs. non-Disney resorts that the theme park properties do. It will be interesting to see if the rental market holds at $10/pt for Aulani. I can't see why it would. I mean, the water play area is nice. Is it an extra thousand-or-two nice? Probably not.

It has that familiar ring to it............

Vero Beach!

bnoble said:

The Marriott next door goes for significantly less.
http://www.redweek.com/resort/P4793-marriotts-ko-olina-beach-club#rentals

(Pro Tip: that took me all of five minutes to find. You could have easily answered your own question...)

I'm not sure that Aulani is going to command the same sort of rental premium vs. non-Disney resorts that the theme park properties do. It will be interesting to see if the rental market holds at $10/pt for Aulani. I can't see why it would. I mean, the water play area is nice. Is it an extra thousand-or-two nice? Probably not.

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Wasn't trying to be lazy, just not familiar at all with the Hawaiian market in terms of cost, quality, views, and seasons and was trying to get a sense of like for like costs to compare against the low-season parking lot view you referenced earlier.

I think you raise a very interesting point on the rental market for Aulani. I suspect that a lot of folks will pay the $10-$12/pt that DVC points usually go for just because, well, that's what DVC points go for. Clearly I dont think it will be a good deal for someone just looking to book a room in Hawaii as there are bound to be better options like the one you posted. But if the only options for Aulani are booking direct, renting points from an owner, or RCI, I can't see an Aulani owner renting at $6-8 for stays at Aulani if they can get $10-$12 renting their points for someone to stay at another DVC property.

I have to believe in the beginning it will be like when AKV opened and a few AKV owners were offering points at $14-$16/pt with people lining up to rent them.

Chris

rickandcindy23 said:

Maybe there will be some availability in RCI for these sometime soon? :whoopie: I would love to trade into Aulani for a week. I could get something else pretty easily, for a second week on Oahu. It would be a crazy-do-it-because-you-can trip for us.

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I'm not so sure I'll be eager to trade in. Don't forget to add parking to your calcs at $35/night. Ouch!

Those rates are absolutely amazing! We were at the Marriott Ko'Olina in the spring and I kept wondering what the heck Disney was thinking. The resort is so big with so many units to sell. And now that I know what they would cost? Well, it is truly hard to imagine people buying into this.

It just seems that someone with that much money to burn would just be renting at a top Hawaii resort, not thinking about timeshares. There are certainly better locations in Hawaii.

Deb

We are going to Aulani 3 nights in Jan OV studio. Our points cost per night is 25, equal to about $250/night. That is a big splurge for us.

Those same nights rented directly from Disney? $760 for a hotel room per night. $560 for a studio villa per night.

Four Seasons Maui those same nights, OV hotel room? $795/night.

H

I think you raise a very interesting point on the rental market for Aulani. I suspect that a lot of folks will pay the $10-$12/pt that DVC points usually go for just because, well, that's what DVC points go for.

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But why for Aulani? There's no "home court advantage" there like there is at WDW. The Marriott is next door, just a lagoon or two over, with exactly the same location, view, etc. etc. It's not all nice and shiny new, but you'd have to be hard-core "Only Disney Will Do" to pay almost double for Aulani when Mariott Ko Olina is right there.

Four Seasons Maui those same nights, OV hotel room? $795/night.

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Two points to make here. One: Four Seasons, not Disney. Two: Maui, not Oahu.

If this doesn't sell fast the carrying costs for Disney will be huge. I can't imagine owning there and then seeing folks who are trading in with inexpensive RCI trades- this seems like a very bad business move for DVC but we'll see what happens. Looking forward to seeing some pictures from anyone who's stayed there.

tlwmkw

bnoble said:

Two points to make here. One: Four Seasons, not Disney. Two: Maui, not Oahu.

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You have mistaken the intent of the comment, my good man. I was making the very same point as you. I'd rather stay at the Four Seasons for that cost!

H

Gotcha, yes I did mis-understand. My mistake!

bnoble said:

But why for Aulani? There's no "home court advantage" there like there is at WDW. The Marriott is next door, just a lagoon or two over, with exactly the same location, view, etc. etc. It's not all nice and shiny new, but you'd have to be hard-core "Only Disney Will Do" to pay almost double for Aulani when Mariott Ko Olina is right there.

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Disney is promoting the resort like crazy. It has been all over the morning television shows, the internet and the newspapers. I'd love to stay there someday, even though I understand all the facts.

Sheila

Even the usually Disney supportive http://www.orlandosentinel.com/the-...lani-maintenance-fee-20110922,0,7012355.story Orlando Sentinel is shocked by a raise this big! Not a good start for a new resort already not the type Disney does well with (Themed park nearby). No park and high fees. Tough sale!

I predict that there will be a lot of opportunity for RCI trades - grab 'em while you can!

If someone is going to pay $120+ per point upfront, $5.73 MF per point isn't that big of a deal.

I agree with Denise. Start your ongoing search now for DV11.

Joe