Is attendance really down at WDW this or…

[BrianLo]

If you are strictly purchasing DVC for only the "discounted" rates (which really aren't, when you factor in yearly maintenance fees and the upfront cost), sure, go ahead. If you are purchasing to actually use the DVC perks you are entitled to, then you're screwed.

I strongly, strongly disagree. Anyone taken purely by a couple of discounts, is being foolish.

That's not what the product is. It's a marketing tool to sell it - or really, get you to spend more money when you actually use your timeshare.

 

[GhostHost1000]

Are there people buying into DVC for perks not not mainly cheaper deluxe accommodations?

if they are buying into DVC for so-called perks... they aren't getting much and paying a ton for it.

 

[wdisney9000]

You may spend less on resale, but Disney continues to restrict perks on resale, effectively tanking the market.

The perk restrictions did not stop us from buying a resale. And our contract had 3X points which included appx 200 points that had to be used within 60 days. My wife and her mother took an 8 day trip in a 1 bedroom villa. That room would have cost appx $3,700 at the time. That was a nice "perk", albeit a one time perk, but still a great value that we would not have gotten with a direct purchase.

I'd say the perks of DVC lounges and moonlight magic are most likely what people like best, but they weren't enough to sway our decision. The lounges have free water and basic snacks and you can charge your phone. They're usually crowded as well.

We usually stop and have a drink somewhere to get some a/c and real food so the lounges aren't a deal breaker for us. Moonlight Magic would be nice but we aren't park commandos so ride count isn't a factor for us and we attend the After Hours party if possible.

 

[DisneyCane]

Can only speak to my own situation. Having a 3rd child pushed us out of most traditional hotel rooms. 12 years ago, there were still significant (though decreasing) perks to staying onsite, but options for a party of 5 were pretty limited. So we decided to buy BCV points on resale market at (I think) $62/point. Still a large investment, but I don’t regret the decision. Having separate bedrooms and a comfortable living space in that location has been great.

But to your point, paying current market rates for DVC points is very…very…very tough to justify.

Having the 3rd child definitely changes things with respect to hotel rooms for you. There are several offsite options for multi bedroom suites with full kitchen for very fair rates. We've done those a few times when in-laws came with us on a trip.

 

[John park hopper]

Copied this from another site--now for me DVC isn't worth it --for some it is

• Initial purchase price of 150 Vacation Points ($217 each) in 2023: $32,550.
• Initial closing costs: $852.
• Annual dues over the next 41 years: $128,633 (assumes 4.64% annual increase, identical to the property’s 2023 dues increase rate)
• Grand total: $162,035.
  Site also stated takes about 14 yrs before you see any benefits and it's basically a prepaid vacation

 

[Tha Realest]

Copied this from another site--now for me DVC isn't worth it --for some it is

• Initial purchase price of 150 Vacation Points ($217 each) in 2023: $32,550.
• Initial closing costs: $852.
• Annual dues over the next 41 years: $128,633 (assumes 4.64% annual increase, identical to the property’s 2023 dues increase rate)
• Grand total: $162,035.
  Site also stated takes about 14 yrs before you see any benefits and it's basically a prepaid vacation

Imagine your ROI if you dropped that money in a modest investment vehicle instead.

 

[JD80]

Imagine your ROI if you dropped that money in a modest investment vehicle instead.

Investing 33k and then 3k a year for 41 years?

The ROI for direct sales is pretty bad. It's a long term vacation investment these days.

 

[networkpro]

Imagine your ROI if you dropped that money in a modest investment vehicle instead.

We did, and it's quite gratifying each month to get a 5 figure check from the proceeds.

 

[BasiltheBatLord]

There's a trending article in Yahoo! News Japan about Tokyo Disney Resort which mirrors a lot of the discussions happening here about declining attendance and price increases

The article notes that attendance among 18-39 year olds at TDR is down nearly 10% since pre-pandemic, and that attendance of guests 40+ years old is steadily increasing.

The article attributes the change in guest demographics mostly to higher ticket prices, but also the abolishment of the annual pass system (yes TDR has no APs at all anymore) and the decrease in entertainment offerings. It also notes that OLC is making record profit amid higher guest spending, even though attendance is still lower than pre-pandemic.

若者のディズニー離れが進む 10～30代の利用者は約10％減 TDR知識王が語る分岐点「大人料金が1万円を超えた時」（ピンズバNEWS） - Yahoo!ニュース

　東京ディズニーリゾート（TDR）を訪れる18歳～39歳の割合が減っている。 　1983年4月15日に東京ディズニーランド、2001年9月4日に東京ディズニーシーがオープンしたTDR。コロナ禍が明

news.yahoo.co.jp

 

[celluloid]

There's a trending article in Yahoo! News Japan about Tokyo Disney Resort which mirrors a lot of the discussions happening here about declining attendance and price increases

The article notes that attendance among 18-39 year olds at TDR is down nearly 10% since pre-pandemic, and that attendance of guests 40+ years old is steadily increasing.

The article attributes the change in guest demographics mostly to higher ticket prices, but also the abolishment of the annual pass system (yes TDR has no APs at all anymore) and the decrease in entertainment offerings. It also notes that OLC is making record profit amid higher guest spending, even though attendance is still lower than pre-pandemic.

若者のディズニー離れが進む 10～30代の利用者は約10％減 TDR知識王が語る分岐点「大人料金が1万円を超えた時」（ピンズバNEWS） - Yahoo!ニュース

　東京ディズニーリゾート（TDR）を訪れる18歳～39歳の割合が減っている。 　1983年4月15日に東京ディズニーランド、2001年9月4日に東京ディズニーシーがオープンしたTDR。コロナ禍が明

news.yahoo.co.jp

It makes sense. Japan has the highest age average population in the world. Pair that with those who can afford to internationally travel to the place are also typically skewing older.

 

[Laketravis]

Investing 33k and then 3k a year for 41 years?

Ran the numbers just for grins - at an average 8% return it would be worth $1.782M today.

 

[Lilofan]

Imagine your ROI if you dropped that money in a modest investment vehicle instead.

Age 20 thru 65 , invest $100 monthly in a Vanguard index fund , net worth $1M at age 65. Easier said than done but many will make excuses I can't afford $100 monthly.

 

[JD80]

Ran the numbers just for grins - at an average 8% return it would be worth $1.782M today.

Sure, but during those 41 years you didn't go to WDW. Opportunity cost.

 

[Chi84]

Sure, but during those 41 years you didn't go to WDW. Opportunity cost.

I never did understand the value in these types of analyses.

 

[Touchdown]

Sure, but during those 41 years you didn't go to WDW. Opportunity cost.

And now you can buy a modest home at Golden Oak, wait another 5-10 years and you can be set for all the fees and upkeep once you do own.

 

[Tha Realest]

Sure, but during those 41 years you didn't go to WDW. Opportunity cost.

I’ve been to WDW tons of times in the last 41 years and have never “owned” DVC. So it’s entirely possible.

I also have been “free” to go elsewhere on vacations over that time.

 

[wannabeBelle]

I’ve been to WDW tons of times in the last 41 years and have never “owned” DVC. So it’s entirely possible.

I also have been “free” to go elsewhere on vacations over that time.

Same. Marie

 

[JD80]

I’ve been to WDW tons of times in the last 41 years and have never “owned” DVC. So it’s entirely possible.

I also have been “free” to go elsewhere on vacations over that time.

Its almost like people are in different income brackets and/or have different priorities.

 

[Chi84]

And now you can buy a modest home at Golden Oak, wait another 5-10 years and you can be set for all the fees and upkeep once you do own.

And how old are you?

 

[Chi84]

I’ve been to WDW tons of times in the last 41 years and have never “owned” DVC. So it’s entirely possible.

I also have been “free” to go elsewhere on vacations over that time.

I've been to WDW tons of time in the last 40 years, have owned DVC since 2008 and have also been "free" to go on other vacations over that time. What's your point?