NEWS: SSR Officially Sold Out!

[XPhillip]

The 500 visa points were only if you
*bought 160 points at AKV
*after May 1, 2008
* used your Disney Visa card.

Also, asked him about the Contemporary/BLT He wouldn't give me any info, of course. He said he would call me if anything was announced.

Also, he told me SSR sold out YESTERDAY!!!

Just current info thought people might like to know!

Got this off Disboards. It looks like SSR might really be sold out now. It was posted on the 27th so SSR might have sold out.

[administrator]

I was able to confirm this: SSR is officially sold out!

Now, on to BLT????!!!

[CRSNDSNY]

:bouncingpGreat news!!!

[TinkLover]

Good to hear

[keys2kingdom1]

I was wondering when this would happen. Anyone know if they have plans to move the sales center?

[tomandrobin]

It will be staying at SSR for awhile.

[Daitcher]

Great news! BUT don't be surprised if some more points magically appear down the road and sales of SSR start again. If I recall correctly this has happened before with DVC.



DAVE

[Carol]

Great news! BUT don't be surprised if some more points magically appear down the road and sales of SSR start again. If I recall correctly this has happened before with DVC.



DAVEIf they are points due to THV that would be a happy surprise! :)

Since the vast majority of developer points had to come from SSR, how long do you think it will take for them to be out of the system? And once that happens, do you think it will be easier to reserve at 7 months?

[Daitcher]

If they are points due to THV that would be a happy surprise! :)

Since the vast majority of developer points had to come from SSR, how long do you think it will take for them to be out of the system? And once that happens, do you think it will be easier to reserve at 7 months?



Well, I wasn't speaking of THV points but that is a possibility as well, slim, IMO, but a posibility none the less. If memory serves, they had announced a sell out of another resort only to magically start sales up again. This could happen with SSR. Why not? Say it is sold out, sell AKV for a while and then bingo, they suddenly have more SSR to sell to those not wanting AKV.

Developer points will likely starin the system for a couple of years. Many people used those and banked their own points forward. That banking gives them additonal points to use that they wouldn't have otherwise have. That will starin bookings for a while especially at 7 months.

Will it get easier after that? Some but SSR is a drain on the system, it really is. The impact of that resort is as great as VB/HH combined. IMO. This system works best when people want to primarily stay at their home resorts and when they do "trade out" all of the other resorts have equal demand. SSR has shifted that. For one it is way too big for this syetm we have now. That could change over time but for now we have the biggest resort not tied to theme parks. That means many folks looking to stay at the other resorts frequently. That would be fine as long as owners of BCV/VWL/BWV/OKW wanted to stay at SSR in the same numbers. They do not. I don't think BCV are beating the door down to stay at SSR. Even if they did, which they do not, the sheer numbers still overwhelms that resort. The recent announcements about closure of PI won't help either. It will hurt SSR bookings for some time.

7 month bookings or less will be very tough from now on. Just wait until those SSR owners start coming after CRV at the 7 month window. It will be a feeding frenzy with the sharks attacking vacant rooms like dead carcass. Owners there will have no flexibilty to book inside 7 months much like BCV/VWL now.



DAVE

[administrator]

What I find intriguing about this whole thing is that Disney waited until the DAY AFTER SSR sold out to make the announcement about DTD's clubs.

They must have believed that said announcement would potentially detract from the perceived value of SSR. (As an SSR owner, I believe that it does.)

A big stick in the eye to DVC!

[1DisneyMom]

What I find intriguing about this whole thing is that Disney waited until the DAY AFTER SSR sold out to make the announcement about DTD's clubs.

They must have believed that said announcement would potentially detract from the perceived value of SSR. (As an SSR owner, I believe that it does.)

A big stick in the eye to DVC!

They didn't wait until "the day after". I was told that SSR sold out when I was at Disneyland 2 weeks ago.

Why not just wait and see what the actually do before throwing sticks in peoples eyes? Not everybody likes PI. Who knows...maybe Disney will do something better. No matter what they do though, they certainly won't make EVERYBODY happy.

[BlakeNJ]

I think as someone who didn't frequent the Pleasure Island clubs, this doesn't make a difference in sales at SSR. If fact, I think they would have been better off announcing the closing of PI and promote new venues as a way to help sell out SSR. I am sure PI will be missed by some, but it did nothing for me.

[skidoc]

Trust me, the changes made at the PI site will be attractive ones; it's not in Disney's interest to put a toxic waste dump there. There will be a better attraction (read, more visitors and more revenue) there within a few years, be it retail, restaurants or whatever. Of course it's harder to sell real estate when you don't know that status of the empty lot next to your property (SSR), but--this is Disney we are talking about and they are beholden to the shareholders and that means an eventual improvement at that site.

[hilaw]

Sometimes when a development "sells out", resale prices drop.
Resales don't have the developer marketing/selling at around $90/point, which seemingly props up resale prices. Compare resale price vs. DVC price and resale looks good. :idea:

On the other hand...resales don't have to compete with developer now and sometimes this raises prices.
With less developer SSR on the market, prices can go up if SSR owners not jumping ship and flooding the market.

[Daitcher]

Sometimes when a development "sells out", resale prices drop.
Resales don't have the developer marketing/selling at around $90/point, which seemingly props up resale prices. Compare resale price vs. DVC price and resale looks good. :idea:

On the other hand...resales don't have to compete with developer now and sometimes this raises prices.
With less developer SSR on the market, prices can go up if SSR owners not jumping ship and flooding the market.



I can't resist a good resale post........ I wouldn't hold your breath waiting for SSR prices to go up. IMO, SSR will be the first resort that folks will not be able to get their money back or make a profit on after selling. I was an early buyer of SSR and I couldn't get my money back now. I'd lose thousands right now and we are talking 6 years later. Could that change? I doubt it unless they scrap DtD and build a 5th gate over there..........


DAVE

[Av8ncowboy]

Yeah I'm really PISSED..one of the reasons we bought there and have like 20 prepaid visits for pleasure island..THIS SUCKS!

[keys2kingdom1]

Could that change? I doubt it unless they scrap DtD and build a 5th gate over there..........


DAVE

Now you're talking!

What could they bring to the table that might kick things up a notch over there?

More retail is definitely NOT the answer, but I don't know what is.

[nono]

Could that change? I doubt it unless they scrap DtD and build a 5th gate over there..........


DAVE

Hey Dave, I hear they're thinking of expanding SSR over to where PI is now...can you imagine???!! The biggest resort just keeps getting bigger...

And, you know it, still no booking categories!
:hurl:

[hilaw]

SSR too big to maintain value in the long or short term.
Supply and demand?

It also needs some new excitement to make people want to invest in SSR resale. Maybe, PI change will bring something better, or not.

[Daitcher]

Hey Dave, I hear they're thinking of expanding SSR over to where PI is now...can you imagine???!! The biggest resort just keeps getting bigger...

And, you know it, still no booking categories!
:hurl:



HeHeHeHeHe..

I'm no taking that bait.



DAVE

[burcs]

IMO, SSR will be the first resort that folks will not be able to get their money back or make a profit on after selling.

while this may be true, it won't be the first resale to go to $0. that would go to one of the earlier expiring, non extended DVC's.

of course, how much you get on resale is irrelevant if you plan to keep until the end.

btw, congrats on the "grand villa" status.

[carolina_yankee]

HeHeHeHeHe..

I'm no taking that bait.



DAVE

Oh come, on. It's Downtown Disney! A warehouse district! Wouldn't DVC lofts be a perfect theme for the place?!! Surely that would fit in with the "real" Saratoga Springs perfectly. :D Just like Treehouses!

Dirk

[Daitcher]

while this may be true, it won't be the first resale to go to $0. that would go to one of the earlier expiring, non extended DVC's.

of course, how much you get on resale is irrelevant if you plan to keep until the end.

btw, congrats on the "grand villa" status.



Very true and thanks on the GV status, I hadn't noticed that yet. Lots of hot air I've blown around here on the boards.

Anyway, I do agree that for thos that hold to the end it doesn't matter what these contracts are "worth". I'd caution everyone though that situations change. I had never thought I'd be looking to get out of DVC. I was on my way towards an end goal of 5000+ points. Things change, people change, that is the bottom line. Nothing wrong with covering your butt in case they do change. Same reason I have a prenup. SSR owners will likely never enjoy some of the increases over time we've seen with the older DVC Resorts. I hope I'm wrong.

Of course when my contract does hit the market I'll be posting all over saying that SSR is the greatest resort ever built and that resale values will see HUGE increases in the future. I'll also have a direct link to what I'll state is a really great resale "deal", which will of course be my contract.;)


DAVE

[broganmc]

Anyway, I do agree that for thos that hold to the end it doesn't matter what these contracts are "worth". I'd caution everyone though that situations change. I had never thought I'd be looking to get out of DVC. I was on my way towards an end goal of 5000+ points. Things change, people change, that is the bottom line. Nothing wrong with covering your butt in case they do change. Same reason I have a prenup. SSR owners will likely never enjoy some of the increases over time we've seen with the older DVC Resorts. I hope I'm wrong.

See my prior experience with Marriott ownership is what kept from seeing DVC as anything other than a vacation plan, i.e. life investment. All timeshares are pretty much worth less after you sign on the dotted line. It's what you get out of them that matters. And I knew going in that DVC was an overpriced competitor in the market. But being as I'm one of those who has to pay for accessibility in daily life I'm used to balancing high costs for more use. (The disabled frequently get hosed when it comes to anything that improves life quality.)

I think that's why our viewpoints always disagreed on the potential of SSR. I evaluate it based on what I can personally use it for. And for accessilibity and tranquility it rates better than anything else onsite. PI's closures do concern me, but I know Marketplace and West Side hold enough to entertain me.

Probably the only thing that would sour me on the resort is if they didn't maintain those walkways and fired all their activities staff.

[nono]

HeHeHeHeHe..

I'm no taking that bait.



DAVE

I only wanted to give you a chuckle. Not meant as bait. We're past that, right? :cheers2:

[Daitcher]

I only wanted to give you a chuckle. Not meant as bait. We're past that, right? :cheers2:



It did give me a chuckle! I'm not going to lie I almost wanted to run with that topic but I thought better of it and simply enjoyed the laugh.



DAVE

[Steamboat Bill]

I was on my way towards an end goal of 5000+ points.

SSR owners will likely never enjoy some of the increases over time we've seen with the older DVC Resorts. I hope I'm wrong.

5,000 is a whole lotta points.

I think SSR will stabalize and then strengthen in 5 years. Think about it....will the DVC price for the New Polynesian DVC be CHEAPER than they are now if they build it in 5 years.

Sure, OKW has had a great run and early adopters benefited the most, but SSR owners will be fine.

One thing that concerns me is all the AVAILABLE units I see on II with any cheap trader like Marriott, and non-brand name timeshares.

That is the thing that peeves me the most, a non-DVC owner can book a 2 bedroom unit at SSR cheaper than I can as a DVC owner. Of course, they have to hunt and hope to get a matching week, but the trades I have seen are amazing. Someone on TUG boasted they got 10 weeks of trades into DVC in one year.

[Steamboat Bill]

Read this post #14 on TUG
http://tugbbs.com/forums/showthread.php?t=74859


I am not a Marriott owner, but I get AC's for all of my Foxrun weeks, and with those I have received in the last three years:

3 weeks at Disney's Boardwalk for September of 2008 (2 one bedrooms and 1 2 bedroom, so excited!)
3 weeks at Disney's Wilderness Lodge Villas all one bedrooms (October and September)
4 weeks at Disney's Old Key West, one bedroom
1 week at Marriott's Cypress Harbour
1 week at Marriott's Grande Vista, one bedroom
1 week at Marriott's Aruba Ocean Club one bedroom (May, for our niece's honeymoon)

[JimP]

That is the thing that peeves me the most, a non-DVC owner can book a 2 bedroom unit at SSR cheaper than I can as a DVC owner. Of course, they have to hunt and hope to get a matching week, but the trades I have seen are amazing. Someone on TUG boasted they got 10 weeks of trades into DVC in one year.

Which is why I often trade into DVC via II. My trader costs about $400 in MF's... plus the $139 II fee, and DVC's $95 fee. My total cost (worse case) is $634 per week. If I can use an AC or cheaper exchange... my cost approaches $400.

I can rent out the 250 or so DVC credits for about $3000 (I have never done that actually)... but for me it is a no-brainer to exchange in.

The problem with exchanging is that you never know if you will get the week you want. What I think works perfectly is to use a combination of DVC and trades. I generally do the following:

. Start an II waitlist in advance.
. Book DVC at 11 months (12 nights)
. Book FF airline tickets at 330 days (13 nights)
. If II comes through, then I cancel any DVC nights not needed.

This gives me the predictability of getting my vacation when I want, along with the economy of using II exchanges when available. To date, I have never rented out my DVC points... and instead chose to bank them and use them for extra trips.

/Jim

[Daitcher]

Which is why I often trade into DVC via II. My trader costs about $400 in MF's... plus the $139 II fee, and DVC's $95 fee. My total cost (worse case) is $634 per week. If I can use an AC or cheaper exchange... my cost approaches $400.

I can rent out the 250 or so DVC credits for about $3000 (I have never done that actually)... but for me it is a no-brainer to exchange in.

The problem with exchanging is that you never know if you will get the week you want. What I think works perfectly is to use a combination of DVC and trades. I generally do the following:

. Start an II waitlist in advance.
. Book DVC at 11 months (12 nights)
. Book FF airline tickets at 330 days (13 nights)
. If II comes through, then I cancel any DVC nights not needed.

This gives me the predictability of getting my vacation when I want, along with the economy of using II exchanges when available. To date, I have never rented out my DVC points... and instead chose to bank them and use them for extra trips.

/Jim




This is very sound advice.

A big reason why I 'd recommend to many supplementing your DVC holding with a non DVC Timeshare with direct access to II. Then talk to Jim or oythers who have experience using II or go to TUG and ask questions.



DAVE

[broganmc]

One thing that concerns me is all the AVAILABLE units I see on II with any cheap trader like Marriott, and non-brand name timeshares.

That is the thing that peeves me the most, a non-DVC owner can book a 2 bedroom unit at SSR cheaper than I can as a DVC owner. Of course, they have to hunt and hope to get a matching week,

Yeah but I really wonder if it is practical to do those trades for most. As we see with what Jim did he still had to cover his basis with a DVC ownership and booking.

I know for me trading into DVC with my Marriott weeks is a non-starter. Reason: the way Disney handles their HA room reservations. Sure I could get one of my Fall weeks at BWV, SSR or OKW this year via II but only in a regular non-HA room.

For other folks, most of those trades come in at a time when airfare is at the highest because most flights are taken.

The biggest rip-off I ever saw in the timeshare world was all the Marriott sales reps at Grande Vista who said you could easily book Disney. Most owners I meet now understand that "easily" really entails a three-step process and more trouble than they're worth.