Riviera Going to $195 on 1/29

[carolina_yankee]

Surprised this hasn't come up yet. Not sure what this says about pace of sales.



Dirk

[BWV Dreamin]

I’m thinking they are trying to create a last minute sales frenzy.

[TexasChick]

I thought about posting it yesterday but got too busy. I don’t think anyone should attempt to analyze this. It could be trying to push sales at the end of the year, it could be because sales are doing so well, it could be because everything is doing the regular January price increase, etc. We have no information on their sales goals and how the actual sales are lining up with said goals. I know they just hit over 100k points in sales for the 4th month before the resort even opened. Like a handful of us have been saying, those resale restrictions are most likely here to stay whether we like them or not. FTR, I don’t like them!

[MMC1]

I saw that earlier this morn and it made me mad... do they even bother to promise a 20% savings or any figure at all anymore?
I guess those contractors want more money than they’re worth!

[tomandrobin]

Originally Posted by MMC1

I saw that earlier this morn and it made me mad... do they even bother to promise a 20% savings or any figure at all anymore?
I guess those contractors want more money than they’re worth!

People get hung up on the wrong numbers, especially when looking at costs for buying DVC. Buying at a brand new resort is still a very cost effective way to visit WDW over the life of ownership.

I ran a cost analysis of the Riviera Resort. When you buy from a new resort, you are buy 50 years worth of points. If you buy from a 2042 resort, you are buying 23 years worth of points. Riviera is offering twice as many points, yet people only focus on the price per point cost.

Anyway, buying Riviera is cheaper as an overall per point value then a lot of other resorts. Will it be 20% savings over time? Probably....but we really can't predict the future. If you look back 27 years ago and priced OKW purchase cost vs hotel costs then and hotel costs now, I am sure you will be a huge winner!

[tomandrobin]

Originally Posted by BWV Dreamin

I’m thinking they are trying to create a last minute sales frenzy.

In other words.....are just following the Disney handbook on managing sales.

[tomandrobin]

Originally Posted by carolina_yankee

Surprised this hasn't come up yet. Not sure what this says about pace of sales.

Dirk

So buying in after 1/29 will cost an extra $700 on a 100 point contract....barring whatever incentive DVC throws in the deal.



If someone was on the fence, you have almost 6 weeks to think it over.

[pdude81]

They have been raising prices at roughly this rate for several years. I would have guessed 194 but 195 is not surprising. Also I expect the increase has nothing to do with sales and just about the very successful business of making buyers pay most of the past maintenance fees without getting the use of the actual rooms. Best deal is always to buy early if it's a resort you really want.

Now if sales were in the toilet and not roughly the same as in previous years they might have to pause on increases, but the stock market keeps chugging along.

Announcing 6 weeks out is a little different though. Usually the guides know a month or so in advance but DVC doesn't advertise the upcoming changes.

[disney65]

Originally Posted by tomandrobin

So buying in after 1/29 will cost an extra $700 on a 100 point contract....barring whatever incentive DVC throws in the deal.



If someone was on the fence, you have almost 6 weeks to think it over.

Or you can buy late and get extra previous yr points at no cost.

[zafiro]

This price increase is just usual DVC strategic planning. They are introducing a new resort soon with Reflections and bumping up the price of a current offering - I'm hearing Riviera is selling exceptionally well and at a high contract sales per day pace - it will allow DVC to come in at a higher price for Reflections and allow for some great perks and pre-sale discounts. It's usual regardless of this being end of year.