DonMacGregor
Sub Leader
- Joined
- May 13, 2021
With buyers typically making and sellers usually accepting lower PP offers on stripped contracts, it would make sense that Disney would look favorably at the increased margin on flipping those contracts. Even if there aren't any points "today", as you point out, DVC is in it for the long term.Sadly and historically that is not correct. There have been times that most contracts that they ROFR'd were stripped. The difference with DVC is that once they get it back the contract essentially goes away. Then it's dependent on the points they have available total in a unit.
I don't recall exactly the year or two timeframe - maybe 8 or so years ago but could be a little longer - there were fully loaded contracts passing and stripped contracts being ROFR'd. DVC is ultimately in it long term so there's that too.