- Joined
- Aug 14, 1998
Presently, barring another "extension" offer at other resorts, they have a LOT of resorts expiring in 20+ years.
While we don't know their true plans for those resorts, as suggested in posts above, OKW already has some owners with a 2057 expiration which means they have some obligation to try to completely sellout the resort (for the third time).
The more repurchases and ROFR they can manage prior to 2042, the fewer OKW contracts they will need to sell in anticipation of 2042 - when they will also have the potential problem of trying to also sell BWV, VWL/BR, and BCV along with OKW.
This assumes they will try to maintain those resorts as DVC resorts. In the late 1990's DVC was actively selling OKW (it had already sold out until they added Bldgs 62-64 and reopened sales), VB, HH, BWV and VWL. Since then, they have tried to maintain a position of active sales at fewer resorts at once.
Until we truly know what DVC will look like on January 31, 2042 we are speculating that all resorts will simply be sold and continued as part of DVC - but what if some current resorts are just taken over as Disney Resorts - or bull-dozed and rebuilt? I also believe VB and HH will be sold to another entity and not maintained as DVC Resorts after 01/31/42.
Stay tuned!
While we don't know their true plans for those resorts, as suggested in posts above, OKW already has some owners with a 2057 expiration which means they have some obligation to try to completely sellout the resort (for the third time).
The more repurchases and ROFR they can manage prior to 2042, the fewer OKW contracts they will need to sell in anticipation of 2042 - when they will also have the potential problem of trying to also sell BWV, VWL/BR, and BCV along with OKW.
This assumes they will try to maintain those resorts as DVC resorts. In the late 1990's DVC was actively selling OKW (it had already sold out until they added Bldgs 62-64 and reopened sales), VB, HH, BWV and VWL. Since then, they have tried to maintain a position of active sales at fewer resorts at once.
Until we truly know what DVC will look like on January 31, 2042 we are speculating that all resorts will simply be sold and continued as part of DVC - but what if some current resorts are just taken over as Disney Resorts - or bull-dozed and rebuilt? I also believe VB and HH will be sold to another entity and not maintained as DVC Resorts after 01/31/42.
Stay tuned!