Probably a decent time to remind - The attendance figures each year are unique taps at the entrance to one of the four theme parks. There aren't 50 million unique visitors to WDW every year.
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News Disney Park Pass System announced for Walt Disney World theme park reservations
- Thread starter wdwmagic
- Start date
TrainsOfDisney
Well-Known Member
Kinda depends on what you want - I’ll take Port Orleans Riverside over most of the deluxe properties any day.
Sirwalterraleigh
Premium Member
TrainsOfDisney
Well-Known Member
Ok…. What makes it more complicated?
Sirwalterraleigh
Premium Member
It’s usually tied into a dvc discussion why its “smart” to have missed that but dump $5000 a year on port Orleans or Caribbean…
That’s kinda transference. The math was never mathing.
TrainsOfDisney
Well-Known Member
This wasn’t a discussion about DVC.
But tell me… does $5k a year get you 20+ nights at DVC?
Biff215
Well-Known Member
Definitely not new, but more common than ever and at a much higher amount. Plus “borrowing” looked much different in previous generations. Today it means interest rates of 20%+ on a credit card that may never get paid off.
Biff215
Well-Known Member
Anyone paying rack rate for any Disney resort is misguided. It’s not much different than healthcare or college (both also broken). Price everything high and hope to get the highest percentage of that. No resort is worth the rates that Disney prices their deluxe resorts at, and they know it. There’s just no turning back now (in my best HM voice).
Sirwalterraleigh
Premium Member
Prorated for an upfront purchase amount That was a good deal (prior to 2010 at least) and with the dues factored in?…it can get you quite a lot.
But unfortunately 20 nights at port turn into a pumpkin after the nights are over. There is no longterm value/benefit that offsets the normal inflation factors. You start over again next year and all subsequent years.
Dvc is far from perfect…but you do get a tad more return in the big picture. Not even factoring that beach club is better than Dixie landings…it just is. Not that either are bad…but the prices were originally set as a reflection of access and quality of amenity…even if they have tried to say that doesn’t matter for 20 years.
Sirwalterraleigh
Premium Member
I think we all know this…
Or at least we all know this and only some admit it.
Truth is the “discount” rates are above the line as well…they just don’t advertise it. Kohls pricing at its finest
You get locked into doing the same thing year after year, have arbitrary caps on when and where you can book, get reduced service, and still have to pay dues and the opportunity cost of your purchase price. It also has an expiration date, it’s just 20-30 years. Vacations are not investments I don’t expect my movie ticket to give me anything else once the credits roll, why should my hotel stay be any different.
Disstevefan1
Well-Known Member
Well folks pay rack rate when the get free dining.
Sirwalterraleigh
Premium Member
Los Estados unidos is more leveraged than you can imagine at this point.
It’s not the concept of leverage that’s a problem…is the scale.
Biff215
Well-Known Member
Which proves what a terrible value it is. Disney loves that promotion.
Sirwalterraleigh
Premium Member
That whole dining plan isn’t really a “thing” anymore.
The biggest positive of Covid is it ended That era…which almost destroyed the place but unfortunately still caused longterm damage
Sirwalterraleigh
Premium Member
Didn’t buy it in like 1999, did you?
That’s rhetorical…the “splaining” kinda locks it in
I was 16 years old so no. It’s still not an investment, money invested in the S&P in 1999, despite the dotcom and great recession crashes gained 812%, if you spent 25k on your purchase price you already lost 203k, and that’s before you factor in your dues payments. You willingly traded your free cash to Disney up front to get a discounted room (provided you pay dues every year) for some extra hassle. It works for some, but don’t ever think it’s an investment.
TrainsOfDisney
Well-Known Member
There is also no contract that says I have to give Mickey another $5k next year.
I’m not sure 5k even gets you 20 nights at DVC…. But even if it did - either way you spent money for 20 nights at Disney.
I know people who love DVC - and that’s great. I’m not against it - but I don’t see the appeal either.
Sirwalterraleigh
Premium Member
The appeal is and was it was a really good deal.
And if it seems like I’m speaking in the past tense…That’s intentional. It’s no longer that.
But you will see a lot of comments over time that “I’m smart cause I’m not locked in…”
We already got one here right on queue…
And that may be entirely true.
But paying rack or even “great discount” for rack rooms at their hyper inflated rates is not a solid choice either…if someone is a yearly or multiple time a year frequenter. A lot of people fall in that bucket.
I did all that same number crunching/hemming and hawing over 20 years ago and begrudgingly committed (I was behind the scenes and saw a lot of the nuts and bolts of dvc…so my skepticism was well earned)…
And I have to say…it has worked. I’m as shocked as anyone
Is it repetitive and kinda old hat? Sure…but my kids did a significant amount of growing up in lake buena vista (and Other spots)…and probably over the level I really should have been able to swing at various times. Worth it. And I don’t miss Caribbean not at’all
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