bama_ed
It's kind of fun to do the impossible-Walt Disney
- Joined
- Sep 23, 2004
Steve,
I think we have to see how the cabins sell. The cabins have underperformed as nightly rentals for a long time. The conversion of the 2100 loop back to Full showed this. I think converting to DVC addresses this low occupancy with immediate cash flow and tests the waters to see if a "Moderate" DVC will work. It seems like there is a lot of interest in the cabins from the DVC side, but I suspect many think it will be a lower priced buy in to the system instead of truly wanting to be at the Fort. If all 350+ cabins sell quickly, we may be at risk of losing a camping loop, but more likely, if the cabins sell extremely well, is they will build additional cabin loops down towards the group camping area and add new DVC amenities in that direction. There is plenty of land back there and it is removed enough from the camping loops to feel "exclusive" for the DVC crowd that demands that.
j
See, if the FW DVC Cabins were sold as a Moderate timeshare with typical prices per point but fewer points required per night, I might be interested in a resale bundle of points when my camping days wind down. Although I never seriously considered DVC because I love my pop-up at the Fort, the financial calculations around DVC ownership intrigue my mind. People always say with DVC "buy where you want to stay" quite often. The Fort is where I want to stay at WDW. I could see driving in to stay at my cabin a couple nights a year, come in with a bike rack on the back of the car rather than pulling a camper, and relive old times. Over the years we've camped in 10 different loops and stayed in 2 different cabin loops. There are memories there behind every tree practically.
Plus I got my name in the pavement in two different spots around the Fort so how could I stay anywhere else? In my mind that was like signing the papers.
Ed
PS - oh and Jim, if there was to be cabin expansion in the future, I hope it will be down in that direction. And NOT a camping loop conversion.
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