Poly Tower decision and RIV restrictions

I know others won't like it but I do hope they do some point redistribution across unit types to make the bungalows attainable for average members. Something closer to the cabins at CCV, maybe still a bit higher since it's the Poly and the uniqueness of being over the water.
I can afford like 6-7 nights in a bungalow a year but still stay predominantly in studios. I've toyed with the idea of buying a buttload of SSR points for cabungalow points but I just imagine myself turning them into a whole bunch of studios and staying on property forever instead of using them as I intended because at heart I'm still a cheapo 🙃
 
I've always argued this as well. Your ownership interest is represented in points, but your deeded interest is legally defined, on the recorded deed, as a percentage of ownership in a specific unit. If the number of points associated with that unit were to change, then your percentage of deeded interest would change, and the recorded deed would no longer represent your ownership.
Does that mean they can still add points which inflate the units but the percentage still remain? The posted thread is very interesting but struggling to connect the dots. I will probably just sit back and watch now ha
 
Death is my exit strategy. Not at all worried about resale prices. :)
Honestly same, there are probably far more things I'd give up before I gave up my RIV contracts just because I do see it as a source of our happiness, mental well being and of course vacations. I probably wouldn't be nearly as active on here if I wasn't a member and this alone has given me a community to be a part of. I'm not saying my resale contracts won't change over the years, but the one constant we do want in our DVC portfolio is Riviera so we were content buying it direct, resale restrictions and all.
 
Thank you for taking the time to briefly explain! So was I wrong in saying that they likely won’t rebalance the poly points to alleviate the overinflated bungalow pts? Assuming that all is normal the tower is part of PVB in entirety, that is. It seems like there isn’t anything written to stop DVD from messing around, just very aware and active members?

I don't think they will do it because I don't think DVC sees it as a problem, not because they can't legally do it. I am just not convinced that if they wanted to, they could not find a way to do it.

Again, I think with DVC, as with any company, that they will stretch the limits of the contract, if they feel they have a reason, that can be interpreted either way and in the case of the 2022 charts, IMO, they tried to say that Easter changing dates was not any different than when there is a leap year day, like in 2024, and you will have an entire extra day of points built in that have not been sold.

I really do think that all of their moves can be grounded in the contract, in some way...or at least they believe they can and why they have made moves that they did. But, of course, when they get push back and get questioned, it all depends on how confident they would be if it ended up further than just complaints. I think if they felt they had strong legal standing for changes, I don't think they would change.

For the two situation that I mentioned, my guess is that they realized it wasn't worth it not to just change things. And, with the point charts now, Easter is back flopping between two travel periods (which it always did when there were only five seasons) so that situation can't happen again.
 
Does that mean they can still add points which inflate the units but the percentage still remain? The posted thread is very interesting but struggling to connect the dots. I will probably just sit back and watch now ha
No. They cannot change the percentage ownership. Your contract and deed grant guarantee that. Once declared, they can’t add points without adding new units into the association.

I strongly suspect that if Poly Tower enters into the PVB association it will have its own points chart and that Tower Studios will be their own booking category, just VGF Resort and Deluxe Studios are separate.
 
No. They cannot change the percentage ownership. Your contract and deed grant guarantee that. Once declared, they can’t add points without adding new units into the association.

I strongly suspect that if Poly Tower enters into the PVB association it will have its own points chart and that Tower Studios will be their own booking category, just VGF Resort and Deluxe Studios are separate.
But this is my point. It is sharing the same association and adding points. New category of course but this would also mean the category for studio cost would need to be more in line with current poly cost. If they inflate the room cost then it would send more stress on the older studios. I just struggle with how the two groups of owners will interact when points are shared at 11 months. Grand had the two categories of studios equal one another.
 
But this is my point. It is sharing the same association and adding points. New category of course but this would also mean the category for studio cost would need to be more in line with current poly cost. If they inflate the room cost then it would send more stress on the older studios. I just struggle with how the two groups of owners will interact when points are shared at 11 months. Grand had the two categories of studios equal one another.

I think if it ends up that all points at the current PVB get the 11 month booking at the tower…which would happen unless they decide to add it with a different vacation plan..I think it’s going to put stress on the current studios if the new ones are different

We still don’t know if they will sleep 5 and the drawings don’t seem to have the split bath.

It’s why I am no longer considering buying it if there is no home resort booking for just this tower rooms.
 
I think if it ends up that all points at the current PVB get the 11 month booking at the tower…which would happen unless they decide to add it with a different vacation plan..I think it’s going to put stress on the current studios if the new ones are different

We still don’t know if they will sleep 5 and the drawings don’t seem to have the split bath.

It’s why I am no longer considering buying it if there is no home resort booking for just this tower rooms.
Yeah it may get messy. I could see it initially being popular to stay in the tower but smaller rooms most likely with one bathroom will make it less ideal for a lot of people. I think the studios should be very similar in cost but what do I know. We wanted to buy poly new or old but nervous about this piece. I'm selfishly glad if it's on same association so my resale status would give me a chance of getting in come down the road but I wonder if it's best for the direct news buyers there. Not sure what advantages specifically they would be paying for other than a couple things like no restrictions on resale or.... idk.
 
Yeah it may get messy. I could see it initially being popular to stay in the tower but smaller rooms most likely with one bathroom will make it less ideal for a lot of people. I think the studios should be very similar in cost but what do I know. We wanted to buy poly new or old but nervous about this piece. I'm selfishly glad if it's on same association so my resale status would give me a chance of getting in come down the road but I wonder if it's best for the direct news buyers there. Not sure what advantages specifically they would be paying for other than a couple things like no restrictions on resale or.... idk.

Which is I just don’t get how they are going to sell CFW, which be part of a trust and with restrictions, along with RIV and VDH which have them and then turn arojnd and not put them on the new tower.

It’s why I won’t believe it until we see that they didn’t apply some curveball to it.
 
Which is I just don’t get how they are going to sell CFW, which be part of a trust and with restrictions, along with RIV and VDH which have them and then turn arojnd and not put them on the new tower.

It’s why I won’t believe it until we see that they didn’t apply some curveball to it.
I agree. I love FW and the points to buy in, restrictions, and dues make me very concerned. Restrictions admittedly forced me to consider leaving resale but price is my turn off still. Poly tower not having restrictions is what I want but it's not great for their other resorts for sure and their marketing. That is also why I haven't given up on the idea they may go back on their restrictions in the future but I don't count on it either.
 
But this is my point. It is sharing the same association and adding points. New category of course but this would also mean the category for studio cost would need to be more in line with current poly cost. If they inflate the room cost then it would send more stress on the older studios. I just struggle with how the two groups of owners will interact when points are shared at 11 months. Grand had the two categories of studios equal one another.
I think it likely if it's the same association that the points will be the same (at least initially), but it also depends if DVD decides to value one type of studio over another, as many resorts have different point costs for studios with different views/locations. If Tower Studios are more points, it definitely will put pressure on Bungalow Studios.

While their point costs are largely the same, BRV and CCV are an example of two adjacent resorts in different associations, and their point charts have slight variations.
 
Anyone else notice Disney‘s announcement about new Moana sequel will arrive in theaters on November 27th? That sure sounds close to the late 2024 opening for the tower. Cross promotion anyone?
 
Anyone else notice Disney‘s announcement about new Moana sequel will arrive in theaters on November 27th? That sure sounds close to the late 2024 opening for the tower. Cross promotion anyone?
I would say maybe more of a happy coincidence. The opening of a DVC resort excites fans of on-property WDW stays, but a major animation theatrical release is a different beast. The timing of a major release like that, I would think, considers a lot of other factors above the opening of a DVC resort.

Doesn't mean that the DVC marketing team can't find this useful, though!
 
Anyone else notice Disney‘s announcement about new Moana sequel will arrive in theaters on November 27th? That sure sounds close to the late 2024 opening for the tower. Cross promotion anyone?
Probably more to do with Universal scheduling Wicked to open that day, and the fact that it's the first day (Wednesday) of the Thanksgiving weekend. Now Universal has to decide if they want to move Wicked (and lose a Thanksgiving opening), or go up against Moana.
 
Probably more to do with Universal scheduling Wicked to open that day, and the fact that it's the first day (Wednesday) of the Thanksgiving weekend. Now Universal has to decide if they want to move Wicked (and lose a Thanksgiving opening), or go up against Moana.
Wicked vs. a direct to Disney+ sequel that someone decided at the last minute should be released in theaters? Wicked is the 200 pound gorilla in this match up. It’s an enormous global property that’s made billions over the years, with awareness and appeal across all age groups (four quadrant being the technical term) through the roof. I absolutely love Moana, but its the underdog here.
 
Wicked vs. a direct to Disney+ sequel that someone decided at the last minute should be released in theaters? Wicked is the 200 pound gorilla in this match up. It’s an enormous global property that’s made billions over the years, with awareness and appeal across all age groups (four quadrant being the technical term) through the roof. I absolutely love Moana, but its the underdog here.
Musicals are notorious for not performing across all four quadrants and this is going to be no different. Wicked was already going to struggle with the male demographic with Gladiator 2 opening up a week before it but now it will struggle with the family demo with Moana 2.

The right move would be to move Wicked up a week or two or even to the start of November to get a bigger runway away from competition.
 
Musicals are notorious for not performing across all four quadrants and this is going to be no different. Wicked was already going to struggle with the male demographic with Gladiator 2 opening up a week before it but now it will struggle with the family demo with Moana 2.

The right move would be to move Wicked up a week or two or even to the start of November to get a bigger runway away from competition.
I love movies turned into musicals! But DH and I are often the only ones at the theater watching them. Happened just recently with Mean Girls. BUT, I don't know if Wicked will break the mold given that it is one of the more popular musicals of recent decades. I'm not sure because as much as we love it, come to think of it we have no male friends who would say the same.

Meanwhile, Moana has been the number 1 most-streamed movie on any service for years. I think it will make money even if competing with Wicked and whatever else.
 
There's a reason they didn't advertise Wonka as a musical.

Just sayin.

(We saw it christmas day, enjoyed it a lot, but I also have a big ole man crush on Timothy. Cant wait for Dune 2)
 
Musicals are notorious for not performing across all four quadrants and this is going to be no different. Wicked was already going to struggle with the male demographic with Gladiator 2 opening up a week before it but now it will struggle with the family demo with Moana 2.

The right move would be to move Wicked up a week or two or even to the start of November to get a bigger runway away from competition.
Exactly.
 

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