Adjustments to the point charts may be painful for the individual but they are done to serve the greater good.
The entire reason for having variable point charts is to balance demand. All things being equal, demand for Christmas and Easter weeks is much higher than, say, the month of September. Demand for weekends is higher than weekdays--particularly to those within easy driving distance of WDW who would use DVC for weekend getaways.
So the nightly point rates vary. High demand periods are priced higher to reduce member demand and low demand periods are priced lower to raise demand.
The problem is that weekends were priced just too high. This reallocation was probably 4-5 years late in coming. Fewer and fewer members were using points for weekends. Meanwhile more and more new members were buying in with the idea of using points exclusively for Sun - Thurs stays.
The entire concept behind DVC is for the resorts to be full 365 days per year. With the exception of some points held back for maintenance the resorts should be full of members using points every single night. But with the charts slipping more and more out of balance with demand, that was happening less frequently. That's why you see increased complaints about people no longer getting last-minute reservations or being unable to book a resort at 7 months they used to book. It's because most people are looking for those low priced weekdays and don't want to spend double the points for a weekend.
Under the "old" charts valid through 2009, only 55-60% of a week's points were spread over Sunday - Thursday nights. (The other 40-45% were in Friday and Saturday.) But the percentage of members wanting to use points for Sun - Thurs is MUCH higher than 60%.
THAT is why the reallocation was both necessary and long overdue. Really DVC had no choice. As the timeshare manager it's their responsibility to best facilitate 100% of the membership using their point allocations. Having point charts which accurately reflect demand is the most direct way to live up to that obligation.
That said, I do agree that the point charts for the Bay Lake Tower were handled poorly. DVC should have been able to present both the 2009 and 2010 charts before sales began. They also could have given members more advance notice of the changes. As it was, the new values were revealed just a couple days before 11 month bookings began for 2010.
Those gripes aside, I really can't fault DVC for updating the charts. Personally I will be impacted along with many others. In about 6 years of ownership I've used my points for exactly two weekend nights. So if I continue those patterns, my stays will cost more. But in trying to serve the greater good, I don't see where they had any other choice.
In the long run, we members would have been far worse off if DVC had left things alone. More and more people would continue to buy with the intention of using most points for Sun - Thurs. You can't have people trying to use 80% of all points for weekdays when only 55% of the points are spread over those days. It just doesn't work.
The entire reason for having variable point charts is to balance demand. All things being equal, demand for Christmas and Easter weeks is much higher than, say, the month of September. Demand for weekends is higher than weekdays--particularly to those within easy driving distance of WDW who would use DVC for weekend getaways.
So the nightly point rates vary. High demand periods are priced higher to reduce member demand and low demand periods are priced lower to raise demand.
The problem is that weekends were priced just too high. This reallocation was probably 4-5 years late in coming. Fewer and fewer members were using points for weekends. Meanwhile more and more new members were buying in with the idea of using points exclusively for Sun - Thurs stays.
The entire concept behind DVC is for the resorts to be full 365 days per year. With the exception of some points held back for maintenance the resorts should be full of members using points every single night. But with the charts slipping more and more out of balance with demand, that was happening less frequently. That's why you see increased complaints about people no longer getting last-minute reservations or being unable to book a resort at 7 months they used to book. It's because most people are looking for those low priced weekdays and don't want to spend double the points for a weekend.
Under the "old" charts valid through 2009, only 55-60% of a week's points were spread over Sunday - Thursday nights. (The other 40-45% were in Friday and Saturday.) But the percentage of members wanting to use points for Sun - Thurs is MUCH higher than 60%.
THAT is why the reallocation was both necessary and long overdue. Really DVC had no choice. As the timeshare manager it's their responsibility to best facilitate 100% of the membership using their point allocations. Having point charts which accurately reflect demand is the most direct way to live up to that obligation.
That said, I do agree that the point charts for the Bay Lake Tower were handled poorly. DVC should have been able to present both the 2009 and 2010 charts before sales began. They also could have given members more advance notice of the changes. As it was, the new values were revealed just a couple days before 11 month bookings began for 2010.
Those gripes aside, I really can't fault DVC for updating the charts. Personally I will be impacted along with many others. In about 6 years of ownership I've used my points for exactly two weekend nights. So if I continue those patterns, my stays will cost more. But in trying to serve the greater good, I don't see where they had any other choice.
In the long run, we members would have been far worse off if DVC had left things alone. More and more people would continue to buy with the intention of using most points for Sun - Thurs. You can't have people trying to use 80% of all points for weekdays when only 55% of the points are spread over those days. It just doesn't work.