- Joined
- Nov 15, 2008
I do not know the SSR actual figures for administration and front desk, although $9M sounds high, e.g., BWV is only about $4.1M. Nevertheless, the total figures you are seeing in the Riviera budget for 2020 do not reflect the total operational or capital costs of the entire resort. The figures you are seeing are based on what has already been sold and what is likely to be dedicated to DVC during 2020. DVD still has a lion's share of the resort and the amount that it is likely to be responsible for by end of 2020 is not included in the annual budget. As Riviera gets sold year over year, you will see those total numbers per budget item increase and then once the resort sells out, you will have total actual numbers. More reliable at this time is the per point costs set out because those are determined based on the total points applicable to the resort in relation to the total budget for the resort that includes everything still unsold.
I thought the $9 million was high too..but I was comparing the 2 documents as they are both my home resorts, I didn’t look at BWV, my other one because it’s shared.
But, your explanation makes perfect sense as to why it’s so different at this point, since the resort is t yet all DVC.
Thanks!