Well, some people can have a very fixated point of view and prejudge the entire movie based on the first moments.
Pretty sure that it will be Stagg's or Rasulo's problem?, as Iger will be building a mansion in the Bahamas?
APD will only be cut if the Fuhrer is elected, so start saving. ;-)It is a joke what the uk government charges for APD,but i live in Scotland,and from what i have been told,APD will be halved in scotland by the end of next year. Northern Ireland already has complete control over there APD as they are competing with Dublin and Shannon airports,whereas in Scotland,Manchester is our biggest rivals,for us to fly to Florida next spetember from Glasgow was going to be £450 more expensive than if i was to fly from Manchester! P.S. We booked from Glasgow,wife couldn't hack a three hour drive each way on top of the flight,me personally,would have loved the extra moolah in my empty pockets
It is possible to make a stab at this using publically available information.
A diet coke is consistent throughout. You can assess quality with a single sip. The flavor doesn’t change if you finish the bottle to that of Sprite.
ParentsOf4, I really hope you have found some way out in the real world to exploit these skills of yours to some professional or monetary gain. Your ability to come up with these facts and numbers as quickly as you do never ceases to amaze me.
Yes. Don't know why I included shops and restaurants, AS money makers (in theory) that aren't subsidized by DVC dues
Sorry but I think you misinterpreted what I wrote. Sorry, I should have been clearer.
I believe we agree on most of this. I still think Disney gets a great deal on the DVC in both the long and short run because its a Right to Use Timeshare and will revert to Disney ownership. Beginning in 2042 Disney will no longer build times shares but will resell the existing ones for their long run profit.Sorry but I think you misinterpreted what I wrote. Sorry, I should have been clearer.
Out-of-pocket, DVC members do not pay anything above the actual Maintenance Fee annually. (DVC members do pay real estate taxes, which are included in the fee and are tax deductible, depending on the individual's financial circumstances.)
Therefore, in order for consumers to properly compare the cost of DVC's annual fees with cash room stays, it's necessary to include the 11.5% (for most WDW hotels) tax in the price of the hotel stay. If WDW's hotel rate is X then consumers pay X plus 11.5%. DVC members don't pay this. They pay just the annual Maintenance Fee.
To be even clearer, I did not claim Disney does not make a profit from DVC's annual fee. Disney's service charges to DVC members for management, Mousekeeping, maintenance, etc. are steep. However, I am stating without question that over the long-term, DVC is significantly less profitable for Disney than renting those same rooms for cash.
Stating the obvious, paying $131/night for a Standard View Studio at VGF this summer is significantly less profitable than paying $612/night (Disney's rack rate with tax) at the Grand Floridian, even after factoring the purchase price, inflation, and opportunity cost.
Depending on how you want to spin the numbers, VGF's current direct purchase price adds roughly $80/night to the stay over the entire life of the membership. That still means Disney collects roughly $211/night for a VGF Studio over the long haul for a summer stay.
Even with a 30% off discount, the Grand Floridian is $428/night with tax for a summer stay. That's roughly a two-to-one difference.
The Grand Floridian’s cash rooms are significantly more profitable over the long haul than equivalent DVC rooms.
What's particularly interesting is that, having crunched the numbers for all DVC resorts, VGF is WDW's best case DVC for Disney. Disney is losing an even greater percentage of long-term profits at their other resorts.
Unfortunately, most senior executives don't give a hoot about profits 5 years from now, never mind 20 or 30 years from now. They want the money now and will kick the can down the road, making it someone else's financial problem later.
Sounds rather like the U.S. government.
$428 a night after a 30% discount... Honestly, who can justify this for a hotel room that offers no more than a higher level mariott..Sorry but I think you misinterpreted what I wrote. Sorry, I should have been clearer.
Out-of-pocket, DVC members do not pay anything above the actual Maintenance Fee annually. (DVC members do pay real estate taxes, which are included in the fee and are tax deductible, depending on the individual's financial circumstances.)
Therefore, in order for consumers to properly compare the cost of DVC's annual fees with cash room stays, it's necessary to include the 11.5% (for most WDW hotels) tax in the price of the hotel stay. If WDW's hotel rate is X then consumers pay X plus 11.5%. DVC members don't pay this. They pay just the annual Maintenance Fee.
To be even clearer, I did not claim Disney does not make a profit from DVC's annual fees. Disney's service charges to DVC members for management, Mousekeeping, maintenance, etc. are steep. However, I am stating without question that over the long-term, DVC is significantly less profitable for Disney than renting those same rooms for cash.
Stating the obvious, paying $131/night for a Standard View Studio at VGF this summer is significantly less profitable than paying $612/night (Disney's rack rate with tax) at the Grand Floridian, even after factoring the purchase price, inflation, and opportunity cost.
Depending on how you want to spin the numbers, VGF's current direct purchase price adds roughly $80/night to the stay over the entire life of the membership. That still means Disney collects roughly $211/night for a VGF Standard View Studio over the long haul for a summer stay.
Even with a 30% discount, the Grand Floridian is $428/night with tax for a summer stay. That's roughly a two-to-one difference.
The Grand Floridian’s cash rooms are significantly more profitable over the long haul than equivalent DVC rooms.
What's particularly interesting is that, having crunched the numbers for all DVC resorts, VGF is WDW's best case DVC for Disney. Disney is losing an even greater percentage of long-term profits at their other resorts.
Unfortunately, most senior executives don't give a hoot about profits 5 years from now, never mind 20 or 30 years from now. They want the money now and will kick the can down the road, making it someone else's financial problem later.
Sounds rather like the U.S. government.
No one knows what Disney will do in 2042. They could convert to hotel, resell as DVC or redevelop.
ahh you beat me to it! I just seen that too as of 3:20!
