Flash_Sloth
Mouseketeer
- Joined
- May 12, 2022
- Messages
- 479
I agree that on the surface it sounds crazy that Disney is doing OK renting rooms vs. selling them, but then if you look at their nightly cash rates, holy cow they've priced me out!In particular, the idea that Disney does better by renting the rooms rather than selling them seems odd given that they built timeshares and not hotels.
Very crude math, but when I bought a fixed week at Riviera a few years ago, it was 130 points for a week in a Standard View Deluxe Studio.
Purchase price divided by remaining years, lets say about $4 per lifetime point
Plus approx $8.5 per point in annual dues = $12.5/point
$12.5/point * 130 points = $1,625
$1,625 / 7 days = $232/night
Quickly looking at cash rates at RIV for the same week as my FW, it is over $500/night. If they can get it, they're probably doing OK letting dvc sales take their time.