Yeah! Me too! Add airfare for four (?), rental car, meals in/out, beach chairs, umbrellas. The target population is a lot smaller than for an oceanfront unit in SoCal or Florida.
I cut my SDO rental for March to $2200 from $2500 and it rented within 3 days. Whereas my Nanea presidents week is still available. I got offered $4200 2 months ago but turned it down. Maybe I should have taken it.
Was your SDO a 2 bedroom? I have a few for rent. I am renting from now on. I won't deposit anything I don't have to into II.
Yes that was the 2 bedroom . I will not be renting again as that was enrolled years ago. So I will deposit in interval for lakeshore reserve and if that’s a problem then I will use the staroptions.
I also think the Venn diagram of people willing to sink $5,500 on a week long hotel stay and the type of people who are value-hunting by renting timeshares instead of booking through hotels doesn’t have a lot of overlap these days.
Disney is having its own attendance issues right now. Their hotel occupancy rates are off the chart historically low. In addition, DVC Rental Store has flooded the market with cheap rentals that are significantly cheaper than what I see these listed for on redweek, and they advertise everywhere. If I’m a not crazy in the know casual timeshare renter looking to go to Disney World, I’m going to be inundated with ads from DVC Rental Store and to a lesser extent Davids.
You’re correct, WDW has never surpassed the 20.9 million attendance number of 2019, although part of that was arguably planned for, as they greatly exceeded their 2019 per guest spend and overall profitability levels in 2022 & 2023, and they restricted capacity during those years.
My prices are $100 lower per night than most anyone on RW. I am renting studios only. I tried the one bedroom but will likely just use it ourselves for October school break. I guess it depends on how many Sheraton weeks I can get rented. I have reserved a lot of later summer and early fall weeks and reduced the price to my cost. I have never rented anything past Labor Day. We will see if anything rents for cost. I really cannot have all of these weeks banked to II.
But how are they compared to DVC Rental Store and Davids? How much are you charging (effectively) per point? Davids is in the $20-$25 per point range right now. If you’re charging more than that, it would make sense that your listings aren’t moving. Even if you’re charging less than that, Davids & DVC Rental Store does so much advertising now that most people would probably still find them without ever finding redweek.
I am not charging more than David's. But with verify/protect added to a few of my listings, RW's profit takes it over $20. I will reduce my price as the dates get closer.
Are you listing OKW/ SSR weeks in December? I agree, you’re never going to be able to compete with the bs rented exchanges. Have you instead tried to list your points themselves for rent to make 7 month bookings at other resorts that are more in-demand, and that can’t be gotten via II? That may be a better way to rent now.
No, I sure haven't. I have rented a lot of five-night stays to RW members over the years, especially May and December, a few January. I have one lady that has rented from me for a long time, and she only needs Sun-Fri, so it's $200 per night the last few years. It's a good deal and she only wants OKW. Super cheap to book, and she is a happy camper.
I already rented the studio side for $3,500. Like I said before, I am going to use the week, if and when it doesn't rent. I will cancel the rental and re-trade my exchange week for the same exact week. I would rather stay where we own anyway, but hey, if I can get $4,840 net, I will be happy.
I hope you get exactly what you want. I often do the same but when I do it, I'm definitely going and I will list it very high and have a Bonvoy reservation in the hole, in case I found the white whale. Its a no lose situation when you get a great price for a studio, and can use 1BDRM if you can't rent it.
Have you thought about renting on the disboards rent/trade board? You should be able to get $18 per point relatively easily.
This is a nit, but those of us who reside in HI are put off by this common comment about our home being treated as a foreign entity. Hawaii IS part of the US, and has been since it was annexed in 1898. Further, it has been a state since August 21,1959.
That is a good idea. I actually have a few listings that I could offer for exchange. I tried it once many years ago but it didn't work, but I should always give it a try, especially with my Wyndham points.
there is no cost to posting an exchange, it doesnt even take an ad credit.
