When do you think Disney will release the Island Tower sales information (point charts, etc)?

[MyDogTink]

FWIW, I contacted MA today about updating two deeds to include DH. I said I want to buy Poly in the same UY but was concerned that I’d be in the midst of this project with a third party title company. I thew out a projected timeline of 4 weeks. MA CM suggested holding off until Poly went on sale and then cleaning up the deeds. Like I said, who knows if that’s indicative of a month out for sales.

 

[_auroraborealis_]

FWIW, I contacted MA today about updating two deeds to include DH. I said I want to buy Poly in the same UY but was concerned that I’d be in the midst of this project with a third party title company. I thew out a projected timeline of 4 weeks. MA CM suggested holding off until Poly went on sale and then cleaning up the deeds. Like I said, who knows if that’s indicative of a month out for sales.

Probably not. MA frontline isn't going to have that kind of information. It's a violation of SEC rules.

 

[MyDogTink]

Probably not. MA frontline isn't going to have that kind of information. It's a violation of SEC rules.

See we are better off listening to the bus drivers. lol.

 

[Sandisw]

See we are better off listening to the bus drivers. lol.

When we wanted to buy RIV with our adult children, we did need to get the SSR contract changed first since we wanted to have it in the same UY...they could not do anything with RIV until that part was taken care of.

IMO, if you want it to be the same membership, I'd start on the process now...we did use the title company recommended by DVC because they knew we were buying new, and that company worked really hard to get it done for us in about 2 weeks, which was must faster than the 4 weeks they quoted us...

 

[MyDogTink]

When we wanted to buy RIV with our adult children, we did need to get the SSR contract changed first since we wanted to have it in the same UY...they could not do anything with RIV until that part was taken care of.

IMO, if you want it to be the same membership, I'd start on the process now...we did use the title company recommended by DVC because they knew we were buying new, and that company worked really hard to get it done for us in about 2 weeks, which was must faster than the 4 weeks they quoted us...

I started the process with LT Transfers. We will see where this lands with timing of Poly. MA also said that if I bought poly before completion of updating the existing deeds then they could merge the two memberships. I always thought they would never merge memberships.

 

[Sandisw]

I started the process with LT Transfers. We will see where this lands with timing of Poly. MA also said that if I bought poly before completion of updating the existing deeds then they could merge the two memberships. I always thought they would never merge memberships.

As long as you do not have reservations on one, then it might not be a big deal.

We did and so we didn’t want to mess it up. Plus, back then, they advised us to do it the way they did.

But sounds like there might be updates they can do.

 

[CastAStone]

Correct, but they are choosing to open with only cash bookings.

We don’t know that for sure.

I know this is late. But I think this is so close to the new fiscal year that, simply to have clean records and a strong 2025 year, they'll bump sales (at least) to Oct 1. Also, with Epic Universe on the horizon, I think that DIS will need every cent to show a reasonable year for Parks and Resorts. $30K sales of DVC points over and over will go long way to do that.

I can think of a million reasons for a company to delay expenses into a new fiscal year.

I can’t think of any reason for a company - especially one in TWDC’s position - to delay sales.

Get that money! Show Wall Street a better Quarter!

I think it goes on sale next week, while I’m on vacation and can’t keep up with everything, because that’s how it works.

 

[Ruttangel]

Really hoping it’s this coming Tuesday so sales can begin in the next couple of weeks as I’m in WDW from 13th to 25th and would love to buy while I’m there… not even sure if I can buy from the UK otherwise!

Contrary to the poor advice given on a recent DVC fan video you can indeed buy direct from Disney from U.K. as long as you don’t finance it with Disney
Given our loan rates are 5% and Disney is 10+% I wouldn’t think that would ever be a good idea anyway

 

[SleeplessInTO]

We don’t know that for sure.

I can think of a million reasons for a company to delay expenses into a new fiscal year.

I can’t think of any reason for a company - especially one in TWDC’s position - to delay sales.

Get that money! Show Wall Street a better Quarter!

I think it goes on sale next week, while I’m on vacation and can’t keep up with everything, because that’s how it works.

There is one situation I have come across - you know this quarter or fiscal will be a blood bath anyways. So defer the revenue to a later reporting period. What a miraculous turnaround by leadership!

 

[tjkraz]

I can think of a million reasons for a company to delay expenses into a new fiscal year.

I can’t think of any reason for a company - especially one in TWDC’s position - to delay sales.

Get that money! Show Wall Street a better Quarter!

In 3Q 2023, Disney's quarterly earnings report singled out slow sales of DVC as a reason for lower performance. That quarter ran from April - June '23. Disneyland Hotel started selling on May 2. Sales of more than 300,000 points were logged by the county in May and June. Combined with even middling sales of WDW resorts, there's no way DVC would have underperformed in that quarter.

The most obvious conclusion is that Disney didn't log those May and June VDH sales until the 4th quarter, sometime after July 1. Maybe some lag is part of their standard practice. If so, any Island Tower sales made now would seem destined for October (FY 2025) anyway.

 

[maui22]

In 3Q 2023, Disney's quarterly earnings report singled out slow sales of DVC as a reason for lower performance. That quarter ran from April - June '23. Disneyland Hotel started selling on May 2. Sales of more than 300,000 points were logged by the county in May and June. Combined with even middling sales of WDW resorts, there's no way DVC would have underperformed in that quarter.

The most obvious conclusion is that Disney didn't log those May and June VDH sales until the 4th quarter, sometime after July 1. Maybe some lag is part of their standard practice. If so, any Island Tower sales made now would seem destined for October (FY 2025) anyway.

Very interesting.

Any thoughts on how revenue might work for sales where the buyer opts to spread the payment over 3 months before closing? Those won't appear in any county data until after closing. (They wouldn't show in @wdrl monthly sales report until after closing). Wouldn't that revenue also be delayed until closing? I believe I read a post where a guide allowed someone to buy Riviera but not close for 3 months. If PVB sales started, the guide would rip up the Riviera contract and write up a new PVB contract. If this is correct, wouldn't that revenue be in limbo until the final closing?

 

[tjkraz]

Very interesting.

Any thoughts on how revenue might work for sales where the buyer opts to spread the payment over 3 months before closing? Those won't appear in any county data until after closing. (They wouldn't show in @wdrl monthly sales report until after closing). Wouldn't that revenue also be delayed until closing? I believe I read a post where a guide allowed someone to buy Riviera but not close for 3 months. If PVB sales started, the guide would rip up the Riviera contract and write up a new PVB contract. If this is correct, wouldn't that revenue be in limbo until the final closing?

The closing doesn't occur until the final payment is made.

I have no idea how Disney logs that revenue internally. There may even be differences depending upon whether a buyer makes the full payment outright vs financing.

 

[maui22]

Is there any data about MK resorts sell better or worse during MNSSHP and MVMCP periods?

• MNSSHP runs August 9-October 31. I believe all but the last two dates in August are sold out right now. There are reports of the decorations and merchandise appearing.
• MVMCP is November 8-December 20 (Island Tower opens Dec 17).

When DW and I bought PVB1, we planned around these events. We knew Poly/PVB is a short walk to TTC for direct monorail access to F&W (August 29-November 23).

 

[JackosinDIS]

Contrary to the poor advice given on a recent DVC fan video you can indeed buy direct from Disney from U.K. as long as you don’t finance it with Disney
Given our loan rates are 5% and Disney is 10+% I wouldn’t think that would ever be a good idea anyway

Interesting!
I wonder why we can’t use the add on tool on the website… I had always assumed the fact we can’t do that meant we couldn’t purchase from abroad.
Good news for me anyway!

 

[CastAStone]

In 3Q 2023, Disney's quarterly earnings report singled out slow sales of DVC as a reason for lower performance. That quarter ran from April - June '23. Disneyland Hotel started selling on May 2. Sales of more than 300,000 points were logged by the county in May and June. Combined with even middling sales of WDW resorts, there's no way DVC would have underperformed in that quarter.

The most obvious conclusion is that Disney didn't log those May and June VDH sales until the 4th quarter, sometime after July 1. Maybe some lag is part of their standard practice. If so, any Island Tower sales made now would seem destined for October (FY 2025) anyway.

It would make total sense to me that Disney wouldn’t book a sale against a new property until that property opens. In the industry I work in you can’t book sales until the customer takes possession of the product, and it would seem to follow a similar principle.

But that’s probably why Disneyland Hotel opened September 28 and not October 1.

And that would mean it doesn’t matter at all when sales start for Poly DVC from a Disney financial perspective.

 

[supercarrie]

Very interesting.

Any thoughts on how revenue might work for sales where the buyer opts to spread the payment over 3 months before closing? Those won't appear in any county data until after closing. (They wouldn't show in @wdrl monthly sales report until after closing). Wouldn't that revenue also be delayed until closing? I believe I read a post where a guide allowed someone to buy Riviera but not close for 3 months. If PVB sales started, the guide would rip up the Riviera contract and write up a new PVB contract. If this is correct, wouldn't that revenue be in limbo until the final closing?

That would be me! I assumed that the revenue wouldn't be booked until when I close in mid-September. I've only paid the deposit plus one initial payment so far (June and July payments).

 

[VGCgroupie]

I say today 08/12 or tomorrow 08/13. I was already leaning 08/13 but something happened today that makes me 99% sure it will happen on one of those 2 days, or at latest this week.

 

[SugarSweetLee]

but something happened today that makes me 99% sure it will happen on one of those 2 days, or at latest this week.

...which was?

 

[MerlinandtheMouse]

I say today 08/12 or tomorrow 08/13. I was already leaning 08/13 but something happened today that makes me 99% sure it will happen on one of those 2 days, or at latest this week.

Friend, you can’t leave us hanging like this

 

[VGCgroupie]

Friend, you can’t leave us hanging like this

Well it didnt happen so maybe it was purely coincidental. Although I still think very soon. But I didn't want to start a frenzy of people calling their guides for no reason.