TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 25 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG has now saved timeshare owners more than $11,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $11Million dollars
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  6. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  7. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  8. TUG has now joined Priceline.com as an affiliate!

    Members and guests who book air travel, rental cars and even Cruise Vacations thru TUG's priceline links will now support TUG in the process!

    Read more here
  9. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Disney (DVC) Points System Restricting Resales ...

Discussion in 'Marriott Vacation Club' started by SueDonJ, Jan 14, 2019.

  1. SueDonJ

    SueDonJ Moderator

    Joined:
    Jul 26, 2006
    Messages:
    13,116
    Likes Received:
    624
    Trophy Points:
    749
    Location:
    Massachusetts and Hilton Head Island
    Resorts Owned:
    Marriott Barony Beach and SurfWatch
    Something interesting over on the TUG DVC forum: New Resale Restrictions - now confirmed by DVC

    Disney Vacation Club's point system is different from Marriott's in that DVC points are sold with a home resort, with reservation windows of 11 months at the home resort and 7 months at all others. But for the first time they're implementing resale restrictions effective 1/19/19:

    - "only Members who purchase directly from Disney will be able to use their Vacation Points at the 14 existing Disney Vacation Club Resorts or future Resorts—such as Disney’s Riviera Resort or Reflections – A Disney Lakeside Lodge. Resale contracts purchased for the existing 14 Disney Vacation Club Resorts will only be able to exchange Points into those 14 Resorts."

    This is worth watching/knowing when you consider that the Marriott DC governing docs allow for similar internal exchange restrictions, and some Marriott sales reps are only too happy to threaten that it may happen someday.

    (I don't want to be responsible for double-posting so please join the conversation there.)
     
  2. Big Matt

    Big Matt TUG Review Crew: Veteran TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    4,570
    Likes Received:
    159
    Trophy Points:
    299
    Location:
    Northern Virginia
    So I guess that means that they are limiting a secondary market for new resorts. It would seem that it would then create a much more active rental market over time for the new resorts.
     
  3. CalGalTraveler

    CalGalTraveler TUG Member

    Joined:
    Dec 21, 2014
    Messages:
    2,502
    Likes Received:
    1,278
    Trophy Points:
    248
    Location:
    California
    Each system is devaluing in their own way. For HGVC they are creating "by Hilton Clubs" (bHC) in major cities such as NYC which gives the rest of the HGVC system only a small last minute window to book the leftovers from owners. However they recently expanded the window from 45 days to 60 days for regular HGVC owners because it was perhaps too restrictive.

    The other way that HGVC is devaluing is by assigning much higher point values to reserve the newer resorts so they are less accessible to legacy HGVC owners and resale buyers. However this is easily resolved by buying another inexpensive resale for < $8k and about $1000/year which keeps the MF paid and the system solvent by avoiding defaults on legacy units. Legacy owners and resale buyers can also reserve the older resorts for the same point values so you only need to buy another resale if you want access to the newer resorts.
     
    Last edited: Jan 14, 2019

Share This Page