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Disney Chief Asked About Contemporary Time Share
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 08-04-2008 04:36 PM
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The Orlando Sentinel reports in its business and tourism blog that Disney chief Bob Iger was asked about the BLT Tower and future DVC properties in his quarterly conference call with Wall Street Analysts.
Here's his response:
Quote:
"The focus right now on the Vacation Clubs is in selling the Animal Kingdom property -- both the conversion of the Vacation Clubs in the Animal Kingdom hotel, as well as the additional Vacation Club units that we're creating in a new building structure adjacent to that hotel. And therefore the focus is on selling that. And that's why we've made no other announcements, nor have we put any other new Vacation properties online, meaning for sale."
One other DVC note from the call: Disney CFO Tom Staggs said Vacation Club units sold during the third quarter at about the same pace as a year ago. "They had nice sales, but they were about on par with the prior year," he said.
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See the full blog entry here and discuss in this post in our DVC News and Rumors forums.
Hat tip to TikiTwinsDad for finding the blog entry!
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See my trip reports here: CarolinaYankee.Net
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