IMHO those two reasons don't explain a 2 year delay for Boulder Ridge with no announcement or concept art. No announcement seems to point to 2023 time frame. that is over 3 years late.
The thing is though the DVC refurbs are meant to be done on a 7 year cycle. The refurbs of non-DVC resorts shouldn’t impact on this. And whereas there was likely a genuine shortage of available workers, the DVC refurbs should really at least have been done on the original schedule, even if it was two years late.
I really am curious if there is ever any opposition to this or legal moves. I doubt it as Disney is constantly doing things like making changes to hurt resale values(such as now limiting what DVC resorts you can go to) while strengthening their own direct sales but not a peep from us. Honestly something seems fishy that if a buyer buys resale they wont get benefits, but Disney can buy those same points from the resale market and then resell them with all the benefits.
ROFR has always existed. DVC can change the rules that are not written into the deeds.
I know its always existed its just that the points suddenly change once they buy them back. Its just very odd, that it is legally permissible. When one buys a deeded condo or property you would think the rights of that property however it gets bought should continue to the next buyer, no matter whom they purchase from.
Your only legal right is to use of the property purchased. Any other DVC resort is accessed via an exchange program which they can modify as they see fit.
So conceivably, what you are saying is Disney could say tomorrow that I can only stay at AKL because they are getting rid of the exchange program all together?
Pointsgate was the change to the points chart for relative “cost” of studios vs 1-beds.
The difference is when Disney exercises ROFR, those points go back into a bucket. DVC can and does change use years on those points. It isn't like when you buy a resale contract from a person.
I don't think they could do it over night, but with proper advance notice they probably could. Honestly, I don't see them going to this route. Using your points at any DVC resort is one of the FEW perks to purchasing direct and they wont remove that.
I wouldn't think they would have limited the resorts the way they have. I think you would be nuts to buy Riviera with those restrictions. But that's me.
That's one of their methods to try and get people to purchase direct.
Because money.
If they need to delay a refurbishment, they either set the new start date 12 months in the future or have to move people to other resorts.
The money is in Escrow and can’t be used for anything else. So Covid losses are not a escuse.
I said nothing about COVID, but since TWDC will be using COVID as an excuse for everything. OK its because of COVID.
