News New Polynesian Resort DVC villas building to open 2024

[CastAStone]

DVC was never ever a good investment. DVC exists for the super DisneyParks fans and there are more if them (us?) than ever.

DVC was a phenomenal “investment” in the early days. Not sure how you can make that claim. Lifetime savings somewhere in the neighborhood of 80%+ at the pre-opening rate of $48/point for what is now Old Key West. Plus like 7 years of APs or something like that. AND you could sell that contract today for roughly what you paid for it inflation.

Only in the last 5-10 years has the math started to firmly break down for a direct purchase. Especially now with no AP discount or silver pass access. I have looked at it for purchase today 100 different ways. The only way to justify it is to ignore everything they taught me in my MBA program about how to calculate money. So I agree in the now. But not in the historic.

 

[wdwmagic]

Latest photos of the Poly DVC tower

Polynesian Resort Disney Vacation Club tower construction - March 16 2023

Polynesian Resort Disney Vacation Club tower construction - March 16 2023

www.wdwmagic.com

 

[Disstevefan1]

They are moving fast on this new DVC. At this pace this may open earlier than expected.

 

[Indy_UK]

It’s only a small tower isn’t it if 5-6 story if I remember rightly? I imagine most of the shell will be complete by the time we go In august

 

[ToTBellHop]

DVC was a phenomenal “investment” in the early days. Not sure how you can make that claim. Lifetime savings somewhere in the neighborhood of 80%+ at the pre-opening rate of $48/point for what is now Old Key West. Plus like 7 years of APs or something like that. AND you could sell that contract today for roughly what you paid for it inflation.

Only in the last 5-10 years has the math started to firmly break down for a direct purchase. Especially now with no AP discount or silver pass access. I have looked at it for purchase today 100 different ways. The only way to justify it is to ignore everything they taught me in my MBA program about how to calculate money. So I agree in the now. But not in the historic.

I’m so happy we bought our resale like 7 years ago. We got in at BRV for $80/pt and still get blue cards (well, it’s online now, but you know what I mean). Now they are more restrictive and sell resales there for like $120/pt with the same 2042 expiration. Crazy.

 

[ToTBellHop]

It’s only a small tower isn’t it if 5-6 story if I remember rightly? I imagine most of the shell will be complete by the time we go In august

I believe it will be 10 stories.

 

[Disstevefan1]

It’s only a small tower isn’t it if 5-6 story if I remember rightly? I imagine most of the shell will be complete by the time we go In august

The $ooner they fini$h, the $ooner they can $tart $elling cotract$

 

[Tiggerish]

I’m so happy we bought our resale like 7 years ago. We got in at BRV for $80/pt and still get blue cards (well, it’s online now, but you know what I mean). Now they are more restrictive and sell resales there for like $120/pt with the same 2042 expiration. Crazy.

Bought 1998 for $68/pt at OKW. I'm happy just renting out points now.

The $ooner they fini$h, the $ooner they can $tart $elling cotract$

Yeah, well....there's that.

 

[Smiley/OCD]

Seems the answer is DVC is better in the long run.

I just didn't know, I don't know all that much about DVC. I thought it wasn't selling lately but probably misunderstood what I was reading.

2024 seems ambitious for Disney!

I could almost guarantee that it will be completed before Tiana is done…$$$

 

[ToTBellHop]

I could almost guarantee that it will be completed before Tiana is done…$$$

If Moana opens her family-run co-op serving sustainably-fished Dole Whip, Tiana will be screwed. All of that market research she paid for will have been wasted. This is why Reedy Creek needed to go. Thank goodness we have a Governor with the balls to stand up against Big Pineapple.

 

[Disstevefan1]

I could almost guarantee that it will be completed before Tiana is done…$$$

At the rate they are building it, it looks like they will be done before Moana

 

[pdude81]

If Moana opens her family-run co-op serving sustainably-fished Dole Whip, Tiana will be screwed. All of that market research she paid for will have been wasted. This is why Reedy Creek needed to go. Thank goodness we have a Governor with the balls to stand up against Big Pineapple.

Unless the governor has watched Little Nicky. Then he will know what kind of damage the big pineapple is capable of

 

[nickys]

Does it really matter at this point?

1. Build it.
2. Label it DVC (theming not required).
3. Sell it.

It does matter to DVC owners considering buying in.

If it’s a new association it will be restricted like Riviera. If it’s an extension to the PVB association then all points are equal.

 

[MrPromey]

They are following Universal's lead. Their Endless Summer resort built on top of the old Wet N Wild location used this same construction method. Panels went up super quick. I wonder how they do in high winds or seismic motion? It looks like they have weld plates imbedded into the concrete periodically to lock them together.

For the sake of the people dropping money on these, I sure hope they do a better job of soundproofing between rooms/floors than Loews did with Endless Summer.

Also worth pointing out that those resorts built that way make up the most bottom tier of Universal's version of a value resort.

Not saying the construction technique is inherently a problem - I know little to nothing about that. Just hope they come out better than Unversal's.

 

[nickys]

DVC was never ever a good investment. DVC exists for the super DisneyParks fans and there are more if them (us?) than ever.

DVC has proved to be a good investment for those who bought in before around 2010.

However it shouldn’t be considered as an investment purchase. It’s a timeshare.

Many DVC owners do indeed go on multiple trips a year. But there are also many owners who are not super fans. We aim to go every 3 years, it stretched to 6 thanks to Covid.

 

[Disstevefan1]

It does matter to DVC owners considering buying in.

If it’s a new association it will be restricted like Riviera. If it’s an extension to the PVB association then all points are equal.

The restrictions they put on Riviera are terrible.

 

[Dan Deesnee]

DVC was never ever a good investment. DVC exists for the super DisneyParks fans and there are more if them (us?) than ever.

I personally never took the DVC plunge, but I can understand why the super DisneyParks fans go for DVC; knowing they will vacation at WDW multiple times a year.

The economy only matters for folks who have no disposable income. The super DisneyParks fan is NOT them.

I know four people that bought DVC at some point between 2011 and 2018. Every single one of us is up huge on our investment. I got 150 plus points from Bay lake Tower for $82 a point and 2015 or 16.

All you have to do is pull up historical prices at any point and compare them to what they have been at any point in the past year or two. DVC is absolutely a fantastic investment for anyone that has bought in prior to 2020.

I'm not saying it'll be a good investment going forward though, nobody knows.

 

[correcaminos]

The restrictions they put on Riviera are terrible.

Yes! I do think it caused more issues than they thought as well. Sales were not as hoped.

It does matter to DVC owners considering buying in.

If it’s a new association it will be restricted like Riviera. If it’s an extension to the PVB association then all points are equal.

Even if a new association it does not have to have restrictions, but CMs I've talked to still lean that it will be an extension as originally announced to them. We'd buy new or resale no matter though. Polynesian is my favorite and with PVB and OKW points I can use anywhere and CCV used at all but RR, it's fine for us.

Nothing in the way RR was done means it has to be done again. PVB points are now more for a studio than VGF more often than not. I think they need an extension to balance the raising of studios to lower bungalows.

 

[pdude81]

Yes! I do think it caused more issues than they thought as well. Sales were not as hoped.


Even if a new association it does not have to have restrictions, but CMs I've talked to still lean that it will be an extension as originally announced to them. We'd buy new or resale no matter though. Polynesian is my favorite and with PVB and OKW points I can use anywhere and CCV used at all but RR, it's fine for us.

Nothing in the way RR was done means it has to be done again. PVB points are now more for a studio than VGF more often than not. I think they need an extension to balance the raising of studios to lower bungalows.

They of course can do what they want with a new resort. But DLH DVC is next. I think you'll see the same restrictions there and that sets the tone moving forward.

If they want restrictions at the new DVC tower they will make it a new association. If they don't, they won't. I believe it's in their financial interest to continue down the same path with restrictions and that this new thing will be it's own association. Just my opinion, though I can see why people might think it goes the other way.

 

[nickys]

Even if a new association it does not have to have restrictions,

Nothing in the way RR was done means it has to be done again.

That is true.

However they did say when Riviera restrictions were announced that resale points would not be valid for use at Riviera or other new resorts going forward.

So if they decided to not impose restrictions on the new PVB Tower if it was a new association, they would certainly have some difficult questions to answer at the very least.

Thats not to say they can’t do it, but I think the restrictions will remain if it’s a new association. As to whether it’s an extension or not I don’t have an opinion one way or the other. It won’t affect me either way and the points charts for the Tower will determine if we stay there in a 1 or 2 bed or just go for 2 studios.