I did some googling and couldn't find the full POS, however I found this article on dvcnews related to the 2010 reallocation.
https://dvcnews.com/index.php/dvc-p...ures/news-70636/779-pos-reallocation-language
It quotes from the SSR POS the same paragraphs that Tjkraz quoted at page 12 for VGF, however for SSR the sentences related to the lockoff premium are not included.
I had the idea to check because I read in a post thet the BWV POS doesn't include either.
Do anyone has the full POS and could verify if the lockoff premium is described in a different paragraph from the one quoted in the news?
Thanks!
I have checked the declarations for all WDW resorts. VGF stands alone as having that "lock-off premium" language.
What are the implications of this?
Could we oppose the increase of the lockoff premium at other resorts?
Disney has to be careful here. Most people buying are buying to stay in studios, if that isn't cheaper than booking rooms directly, then there is no need to buy DVC.
Buying... yes. But, I am specifically talking about renters. 4 or 5 more points a night at the going rental rate is approximately $80 more per night. That is now giving someone who is thinking about renting pause.
I'd also agree that isn't likely as it negates part of the sales pitch of DVC. I really do not think they worry much about renters. They definitely need to worry about buyers and that they continue to feel there is value in purchasing DVC as some will analyze that vs basking in the pixie dust.
I know DVC can change the points around as long as the total stays the same. This said... We purchased our points based on the points charge that was presented to us at the time of purchase and now there is an increase of 14 points for a week stay in a studio at Beach Club. This will make me short points for the year if I stay 2 weeks per year. This doesn't sit well with us!
Is it possible to download the POS from the DVC website? I would like to read the SSR one and I haven't the documents I signed when I purchased DVC with me.
Thanks a lot!Note, if you still need to find a copy of the SSR Declarations, go here http://or.occompt.com/recorder/eagleweb/docSearch.jsp, click on "I accept," and then search for the following Doc# 20040270179
My complaint is going to:
Pam Bondi
Office of the Attorney General
The Capital PL-01
Tallahassee FL 32399-1050
It’s quite obvious that the raise in both studio and one bedroom points has nothing to do with balancing demand and all to do with more money in Disney’s pockets. If it’s legal according to the contract is a deceptive practice. We need a new regulation that the combination of the studio and 1 bedroom points can be no more 10% more than the 2 bedroom unit. Otherwise Disney can raise those point for no good reason at all as it is quite obvious that they have.
Can anyone remember if in previous reallocations they ever modified the lockoff premium for any unit? I guess not since even the technical term wasn't used here on the DISboards until Tjkraz quoted the VGF POS.
If you are asking whether the Lock Off premium has ever fluctuated due to a previous reallocation, the answer is yes.Can anyone remember if in previous reallocations they ever modified the lockoff premium for any unit? I guess not since even the technical term wasn't used here on the DISboards until Tjkraz quoted the VGF POS.
We need a new regulation that the combination of the studio and 1 bedroom points can be no more 10% more than the 2 bedroom unit. Otherwise Disney can raise those point for no good reason at all as it is quite obvious that they have.
If that is the case, I would expect the lock off premium to return to previous levels after the refurb.DVC hasn't provided an explanation but that doesn't mean one does not exist.
Administratively, obviously it requires more resources to manage two reservations than one...two parties instead of one. The two rooms would be subject to different average lengths of stay. Housekeeping would have to be dispatched on a different schedule.
I would be curious to hear if the acceleration of the DVC refurb schedule plays any role in this. OKW underwent a major refurbishment in 2011 and the next one wouldn't have been scheduled until at least 2023 (12 years.) Instead it was moved up to 2017, resulting in an 18 month span with 6-8% of the resort closed at all times. The original DVC points charts didn't make accommodation for this frequency of refurbishment. The extra capacity--the ability to remove rooms from service more frequently while still accommodating owners--has to come from somewhere.
DVC hasn't provided an explanation but that doesn't mean one does not exist.
Administratively, obviously it requires more resources to manage two reservations than one...two parties instead of one. The two rooms would be subject to different average lengths of stay. Housekeeping would have to be dispatched on a different schedule.
I would be curious to hear if the acceleration of the DVC refurb schedule plays any role in this. OKW underwent a major refurbishment in 2011 and the next one wouldn't have been scheduled until at least 2023 (12 years.) Instead it was moved up to 2017, resulting in an 18 month span with 6-8% of the resort closed at all times. The original DVC points charts didn't make accommodation for this frequency of refurbishment. The extra capacity--the ability to remove rooms from service more frequently while still accommodating owners--has to come from somewhere.