WDW Reopening Estimates

[disneygeek90]

I'm hoping we'll know more if they make a presentation next week, but it's going to wear thin on people, especially with Universal getting the momentum from yesterday's announcement. Disney isn't going to want the money coming into Florida not going into their parks. Right now, you're looking at impulsive and impatient people just going to go to Universal and go home, since they're going to be open.

I'm not booked to go to WDW until August, but if it looks like WDW isn't together by then, we'll have no problems cancelling and making it a Universal trip. This doesn't look like a company that's supposed to have had every contingency thought of, any combination of measures thought out. They may have, but public perception is everything. If they look like they're not organized on what to do, you're going to frustrate a lot of people.

Universal will likely have a capacity limit for a while. I don't think assuming entry into Universal is a sure thing and that they would be able to accept all Disney cancellations, especially if traveling long distances is involved.

 

[Seanual757]

I'm hoping we'll know more if they make a presentation next week, but it's going to wear thin on people, especially with Universal getting the momentum from yesterday's announcement. Disney isn't going to want the money coming into Florida not going into their parks. Right now, you're looking at impulsive and impatient people just going to go to Universal and go home, since they're going to be open.

I'm not booked to go to WDW until August, but if it looks like WDW isn't together by then, we'll have no problems cancelling and making it a Universal trip. This doesn't look like a company that's supposed to have had every contingency thought of, any combination of measures thought out. They may have, but public perception is everything. If they look like they're not organized on what to do, you're going to frustrate a lot of people.

This is what I am hearing as well lots of folks are ready to go but if Disney does not open soon they will book Universal. This in itself can turn folks off to Disney in the long run hey we had a great time at Universal I cannot wait to go back.

At this point in time Disney has Zero reason for not offering up a plan to re-open. They opened up Shanghai they knew ahead of time how they would be doing the social distancing, Universal has already shown they need 4 days to prepare employees for the opening.

It's time to open the parks and resorts.

 

[Disstevefan1]

I'm hoping we'll know more if they make a presentation next week, but it's going to wear thin on people, especially with Universal getting the momentum from yesterday's announcement. Disney isn't going to want the money coming into Florida not going into their parks. Right now, you're looking at impulsive and impatient people just going to go to Universal and go home, since they're going to be open.

I'm not booked to go to WDW until August, but if it looks like WDW isn't together by then, we'll have no problems cancelling and making it a Universal trip. This doesn't look like a company that's supposed to have had every contingency thought of, any combination of measures thought out. They may have, but public perception is everything. If they look like they're not organized on what to do, you're going to frustrate a lot of people.

Boy it sure looks like in Disney’s mind it’s PC to keep the US parks closed as long as possible?

I guess the accounting staff knows how to work the numbers to minimize the damage to the shareholder?

Their loyal guests and cast members don’t seem to matter much at all it seems?

 

[Epcotbob]

Boy it sure looks like in Disney’s mind it’s PC to keep the US parks closed as long as possible?

I guess the accounting staff knows how to work the numbers to minimize the damage to the shareholder?

Their loyal guests and cast members don’t seem to matter much at all it seems?

From what I've seen on the financial sites, Disney shareholders want the parks open ASAP.

 

[easyrowrdw]

NBA would need far more rooms than just what’s in the gran destino tower. CSR would not need to open to guests as the NBA would largely fill it.

They'd need that many? Wow. It definitely makes more sense then.

 

[brianstl]

Administration and Management:
In addition to your mandatory membership in the Club upon your purchase of an Ownership Interest in a DVC Resort, you will also automatically become a member of
the condominium association and/or the vacation owners association, as applicable, for your Home Resort. Your membership in the applicable associations is governed
by the governing documents for your Home Resort including the Declaration of Condominium and/or the Plan Declaration and by the Bylaws of each association. The
associations are the entities responsible for the overall management and operation of the DVC Resorts. The associations are not owned by TWDC or any affiliate or
subsidiary of TWDC; although, they are effectively controlled by DVD. This control by DVD of the associations arises out of the fact that the Master Cotenancy
Agreement appoints DVD as the “representative” of each Unit in each DVC Resort. This means that even after a majority of the Ownership Interests in a DVC Resort
have been sold, DVD will control all association matters unless and until DVD is removed as representative by the owners of at least sixty percent (60%) of the
Ownership Interests in a majority of the Units in the DVC Resort. DVD will be authorized to cast the vote for a given Unit at association meetings in whatever manner
it deems appropriate provided that DVD is acting on behalf of the cotenants as a whole pursuant to its duties under applicable law; and further provided that DVD may
not cast a Unit’s vote at an association meeting with respect to certain specific matters without the written consent in advance of such meetings by the owners of sixty
percent (60%) of the Ownership Interests in that Unit. This authority extends to the election of the board of directors of the association, as well as to other matters. At
least sixty percent (60%) of the Ownership Interests in at least a majority of Units would be required in order for the Members to exercise any significant control over
the association. Therefore, as a practical matter, the Owners of Ownership Interests in the Units in each DVC Resort will probably be unable to remove DVD from
control of the association throughout the term of the DVC Resort.

Florida law

(III) The trustee shall not convey, hypothecate, mortgage, assign, lease, or otherwise transfer or encumber in any fashion any interest in or portion of the timeshare property with respect to which any purchaser has a right of use or occupancy unless the timeshare plan is terminated pursuant to the timeshare instrument, or such conveyance, hypothecation, mortgage, assignment, lease, transfer, or encumbrance is approved by a vote of two-thirds of all voting interests of the timeshare plan. Subject to s. 721.552, a vote of the voting interests of the timeshare plan is not required for substitution or automatic deletion of accommodations or facilities.

 

[Seanual757]

From what I've seen on the financial sites, Disney shareholders want the parks open ASAP.

Correct and you will see a push I would imagine if we do not see some response by next week as to when Disney Plans to open. I suspect we will have an answer on the 27th is my bet.

 

[GoofGoof]

Boy it sure looks like in Disney’s mind it’s PC to keep the US parks closed as long as possible?

I guess the accounting staff knows how to work the numbers to minimize the damage to the shareholder?

Their loyal guests and cast members don’t seem to matter much at all it seems?

The CMs are a different story. Loyal guests...I think they matter. I also think this knee jerk reaction will in a lot of cases be all talk. People claim they will swear off Disney and switch to Universal but how many will follow through. I said it before, if Disney opens their parks a month or more later than Uni in 6 months nobody will care. There’s very little financial impact to TWDC.

 

[Seanual757]

Florida law

(III) The trustee shall not convey, hypothecate, mortgage, assign, lease, or otherwise transfer or encumber in any fashion any interest in or portion of the timeshare property with respect to which any purchaser has a right of use or occupancy unless the timeshare plan is terminated pursuant to the timeshare instrument, or such conveyance, hypothecation, mortgage, assignment, lease, transfer, or encumbrance is approved by a vote of two-thirds of all voting interests of the timeshare plan. Subject to s. 721.552, a vote of the voting interests of the timeshare plan is not required for substitution or automatic deletion of accommodations or facilities.

I would be more than happy to re-sell my 350 points back to Disney for 4x's the amount purchased

 

[marni1971]

This is what I am hearing as well lots of folks are ready to go but if Disney does not open soon they will book Universal.

You think that’s a concern? For better or for worse they know that if they open, they will come.

They know the earliest they envisage opening and are taking it from there.

 

[Seanual757]

The CMs are a different story. Loyal guests...I think they matter. I also think this knee jerk reaction will in a lot of cases be all talk. People claim they will swear off Disney and switch to Universal but how many will follow through. I said it before, if Disney opens their parks a month or more later than Uni in 6 months nobody will care. There’s very little financial impact to TWDC.

2/3 they would lose in the short term in the long term 1/3 just does not make sense to not go ahead and move forward the President has already said hell in high water no way the country is shutting down again, that will have to wait until he is out of office January 20, 2021.

 

[Seanual757]

You think that’s a concern? For better or for worse they know that if they open, they will come.

They know the earliest they envisage opening and are taking it from there.

It should be especially in today's climate each business is fighting to bring in any business they can, if folks are not traveling and do not plan to come anytime soon you want to grab as much of the pool as you can.

 

[marni1971]

It should be especially in today's climate each business is fighting to bring in any business they can, if folks are not traveling and do not plan to come anytime soon you want to grab as much of the pool as you can.

Like I said, when they open they will come. The brand loyalty is absurd. They will open when they want to.

You want them to. I want them to. But we make diddly squat difference.

 

[Horizons '83]

Just look at some on these very boards to proxy the brand loyalty. One thread on here there was someone that said that "they need me some Disney". Yes, not a typo, needed Disney.

 

[monothingie]

Did I miss this?

What I was trying to say is if Disney opened DVC resorts soon (June/July) at 100% capacity it would go against what appears to be a conservative and deliberate approach so far.

Really kinda irrelevant considering that as of today, July and August are wide open, like to totally available for 1 and 2 bedroom units at virtually all DVC resorts including the super popular ones (BWV, BC, YC, GF, BLT). If it is a studio that you want, enhanced view studios are wide open through August, standard view studios are still available but not as prevalent.

Being concerned about going to a full DVC resort over the summer is NOT going to be a problem.

 

[peter11435]

They'd need that many? Wow. It definitely makes more sense then.

I believe CSR currently has roughly 2400 rooms. With 35 NBA teams that only 68 rooms per team. Once you factor in players, coaches, support staff, medical personal, and broadcasters things will add up quickly.

 

[DCBaker]

I believe CSR currently has roughly 2400 rooms. With 35 NBA teams that only 68 rooms per team. Once you factor in players, coaches, support staff, medical personal, and broadcasters things will add up quickly.

Speaking of numbers -

 

[GoofGoof]

Really kinda irrelevant considering that as of today, July and August are wide open, like to totally available for 1 and 2 bedroom units at virtually all DVC resorts including the super popular ones (BWV, BC, YC, GF, BLT). If it is a studio that you want, enhanced view studios are wide open through August, standard view studios are still available but not as prevalent.

Being concerned about going to a full DVC resort over the summer is NOT going to be a problem.

There’s a difference between some availability and 50% capacity. Not saying that has to be the number, just what Legoland is doing. They will still need to shift some people around.

 

[GoofGoof]

Speaking of numbers -

So 1,050 people if all 30 teams come. 560 if they just do the 16 playoff teams and 280 if they only do the Eastern Conference playoffs. That doesn’t include officials, TV crews, media members and other support staff for the league but they could stay anywhere since they don’t directly interact with the players.

 

[carolina_yankee]

Would you be happy if they offered a refund for the year on your points, or if they allowed you to bank them for next year? (To my understanding banking points year to year typically isn't allowed) Because if I'm being honest, I don't see them opening every DVC resort any time soon, regardless if whether owners think that's fair or not. It sucks, but we're in a weird time and the rules for how things usually operate have flown out the window.
Edit: I just looked up banking points and it turns out you can bank them, but I don't know how many years in a row. So I guess I'll ask instead, would you be happy if maybe they gave extra points to be used next year?

The problem with banking is that it only works if a roughly a similar number of points are borrowed from next year into this year. Enough points are sold to keep resorts at near 100% occupancy all the time. What happens when you have 200% of points trying to book 100% of rooms in the next year?

The contract is 50 years. They can't just take points away, nor can they arbitrarily extend the contract by saying "Well, this year is a wash. I'll give you year 51 to make up for it."

If the DVC resorts can legally open, they simply will have to do it, or be prepared for lawsuits. These are legally binding contracts and real-estate interests.

Dirk