News Reflections – A Disney Lakeside Lodge (Project 89 - Development near Fort Wilderness)

[nickys]

Hmm... while I get what you're saying, I think most holders (like me) of 2042's will let things expire rather than try to sell and get ROFL'ed, letting Disney recover that ownership. I suspect Disney will need to deal with falling off that cliff along with the other 2042ers. I'd like to be wrong and see them provide incentives to extend... but it feels unlikely.

They won’t care, there’s no falling off a cliff here. They’ll simply resell the expired contracts as a 2057 contract. Win-win for them.

 

[Andrew C]

Every time I see this thread title...my mind immediately goes to Mulan...

 

[SteveAZee]

They won’t care, there’s no falling off a cliff here. They’ll simply resell the expired contracts as a 2057 contract. Win-win for them.

I guess my thinking is that there will be a lot of points that they'll need to resell across the resort in 2042 and Disney will need to carry the costs of the annuals dues in the meantime... especially with OKW (large # of points, lots of property and buildings to maintain, staff, etc). You may know the numbers of this better than I do, I'm just speculating.

 

[John park hopper]

I wonder what happens in 50 years when those people who bought into DVC have either sold or sadly passed away. Will people continue to buy up DVC under current Disney (price gouging, Lightning Lane models, subpar development, $50 cupcakes). Like do they just turn them into regular hotels?

The way they are built in. 50 yrs they will be falling down

 

[nickys]

I guess my thinking is that there will be a lot of points that they'll need to resell across the resort in 2042 and Disney will need to carry the costs of the annuals dues in the meantime... especially with OKW (large # of points, lots of property and buildings to maintain, staff, etc). You may know the numbers of this better than I do, I'm just speculating.

For OKW you’re correct. Although no one knows how many points there will be expiring in 2042. But since there will be just 15 years to go they could do a fire sale.

For the other resorts they’d be either rebuilding or doing a full refurb. They’ll just shutter the resorts until they’re ready.

 

[ToTBellHop]

For OKW you’re correct. Although no one knows how many points there will be expiring in 2042. But since there will be just 15 years to go they could do a fire sale.

For the other resorts they’d be either rebuilding or doing a full refurb. They’ll just shutter the resorts until they’re ready.

They’ll close BRV, BWV, and BCV at the exact same time? That’ll be a mess.

 

[nickys]

They’ll close BRV, BWV, and BCV at the exact same time? That’ll be a mess.

They will not be part of DVC at that point. None of those points will be in the system. What difference will it make?

Perhaps they just book the rooms through Disney? But they’ll be in need of a refurb anyway.

 

[ToTBellHop]

They will not be part of DVC at that point. None of those points will be in the system. What difference will it make?

Perhaps they just book the rooms through Disney? But they’ll be in need of a refurb anyway.

I’m more picturing the visual of BWV and BCV being closed at the same time.

 

[nickys]

I’m more picturing the visual of BWV and BCV being closed at the same time.

The resorts effectively cease to exist at that point. It might be weird especially BWV since it’s the same building.

But realistically WDW can’t absorb all those rooms back into the regular Disney Deluxe accommodation.

And as the term runs down DVC can’t use maintenance fees to build enough capital reserves for a refurb after the contracts end.

If they stick to their 7 year rotation of refurbs then those resorts should be just about due a refurb. So they should be able to schedule all 3 within a couple of years.

Whether that’s DVC with a view to relaunch them as new resorts, or WDW - who knows?

 

[BrianLo]

They’ll close BRV, BWV, and BCV at the exact same time? That’ll be a mess.

We’re in the realm of massive, massive speculation here. But the bugaboo is Boulder and Beach will be flipped and Boardwalk rebuilt.

Though Boulder is off on its own so doesn’t really matter per say if they also slow roll that one.

Old Key West I’m sure they’ll fire sale the residual 15 year contracts. It might even be the only one for sale for 6-10 months or so as they refurb the one and two that will follow immediately. Likely will have a couple million points there that need to be turned around quickly.


Honestly, the far more problematic time they have is Saratoga in 2054 followed by Animal Kingdom and OKW in 2057. Speculatively one or two of those resorts will cease to be. Almost assuredly Old Key West.

 

[Indy_UK]

Surely the likes of OKW and Kidani will just get a large updates and then fresh 50 year contracts sold.

It's Hilton Head island and Vero Beach (one of my home resorts ) That I think will get demolished and the land sold on. I can't see Disney wanting to re-invest in those.

 

[Fido Chuckwagon]

I don’t think so in the early days. The trouble is they wouldn’t be able to sell them now. Vero in particular would sell worse than the Cabins. Its maintenance has gotten out of control.

The fate of every timeshare located on the ocean.

 

[Fido Chuckwagon]

They’ll close BRV, BWV, and BCV at the exact same time? That’ll be a mess.

They’ll probably just renovate and resell them as “new.” It’s no like the poly buildings were new when they started selling them as DVC.

 

[mattpeto]

I sort of expect Disney to counter with something somewhat risk adverse for the 2042 situation.

Think short term extensions on some properties would be my guess.

 

[nickys]

I sort of expect Disney to counter with something somewhat risk adverse for the 2042 situation.

Think short term extensions on some properties would be my guess.

I doubt they’ll ever try offering extensions to contracts again. OKW was a disaster and it’ll be interesting to see how they handle the “outliers” and how many there turns out to be.

 

[mattpeto]

I doubt they’ll ever try offering extensions to contracts again. OKW was a disaster and it’ll be interesting to see how they handle the “outliers” and how many there turns out to be.

Oh yeah but they have too many timeshares ending in 2042.

They cannot “do nothing” with the inventory and bulldoze or even refurbish starting in 2042.

 

[Unbanshee]

Looks like the layout of the resort will be the same as the permits, per BlogMickey

Aerial Photos Confirm Hotel Footprint, Construction Underway for 'Reflections - A Disney Lakeside Lodge' at Fort Wilderness

We take to the skies over Disney World for an updated look at construction of a Fort Wilderness hotel and confirmation of the hotel layout

blogmickey.com

 

[Starship824]

Looks like the layout of the resort will be the same as the permits, per BlogMickey

Aerial Photos Confirm Hotel Footprint, Construction Underway for 'Reflections - A Disney Lakeside Lodge' at Fort Wilderness

We take to the skies over Disney World for an updated look at construction of a Fort Wilderness hotel and confirmation of the hotel layout

blogmickey.com

Is it the same as the original reflections concept?

 

[Unbanshee]

Is it the same as the original reflections concept?

I think the permits in the article are from the original plans

 

[jmuboy]

Surely the likes of OKW and Kidani will just get a large updates and then fresh 50 year contracts sold.

It's Hilton Head island and Vero Beach (one of my home resorts ) That I think will get demolished and the land sold on. I can't see Disney wanting to re-invest in those.

Agreed on this. Those two "beach resorts" will be sold off for the property value and Disney will not keep those operating as Disney locations.