Thought I'd share this here - info about possible CRV

[Twingle]

The Contemporary was the first resort I stayed at onsite, which is why I would LOVE to own there. My son's first trip to Disney he asked if we could stay at the Contemporary when we were "rich", so here's to hoping for CRV - love to stay there with my family!

 

[pilferk]

The Contemporary was the first resort I stayed at onsite, which is why I would LOVE to own there. My son's first trip to Disney he asked if we could stay at the Contemporary when we were "rich", so here's to hoping for CRV - love to stay there with my family!

Not to give TMI (too much info), but if you look at my siggie, and add to the fact that we last stayed, in Jan of '06, at the Contemp, I'm sure all you adults can figure out why the Contemp holds a special place in my families hearts.

IF CRV comes about, we will DEFINITELY add on there. We've already discussed it. Day they go onsale, we're in.

 

[spiceycat]

I'm not sure I can see there being (and, of course, Disney knows better on this) a huge demand for ultra high end suites, in those kinda numbers...with the 4 Seasons resort going up, essentially right across the lake. In making that deal, I don't think a) Disney would cut it's own throat if the Contemp Suites were coming or b) the 4 Seasons would have signed the deal knowing that the Contemp Suites would be competing with them. I mean, maybe...but from a cursory look, it just doesn't seem to add up, for me.

rumor has it that Disney has to turn away high end customers that want that type of suite because Disney's stay sold out.

so yes they have the demand.

why do you think 4 seasons is coming with a Ritz-Carlton, Hyatt Grand Cypress, JW Marriott already close by.

but nothing would be as close to the MK as CRV or worst case MK suites.

most people (especially new comers) think of WDW as the MK.

 

[pilferk]

rumor has it that Disney has to turn away high end customers that want that type of suite because Disney's stay sold out.

so yes they have the demand.

why do you think 4 seasons is coming with a Ritz-Carlton, Hyatt Grand Cypress, JW Marriott already close by.

but nothing would be as close to the MK as CRV or worst case MK suites.

most people (especially new comers) think of WDW as the MK.

I'm sure there's some demand. My completely unfounded doubt is there is a whole buildings worth of demand. That's a LOT of units to fill. Especially in light of the fact that the Contemp seems to have JUST "fixed" it's occupancy rate issues. I'm not sure Disney would view adding a whole building of suites, with the 4 S close by, unless demand was HUGE. Maybe it is, but....I don't know. I guess I have a hard time fathoming there is demand for 300 to 400(at least, otherwise why demolish and not remodel unless the current footprint was "too small" to support what's going in there) 1000+ dollar a night suites at the Contemp. Maybe there is....again, I'm sure if Disney does it they have consumer data to back it up. But again, at cursory glance, given the deals they've recently made, it makes me question it.

As for why the 4 S would come in...of the resorts you compared to, perhaps only the Ritz is a real pound for pound contender with the 4 S (not that they Hyatt and JW don't try!) for the ultra high end guest. It's the services those two offer that distinguish them, more than the accomodations (which ARE super high end, don't get me wrong). Maybe the new Bonnett Creek resort, too, though Whyndam certainly doesn't have the name recognition that the other two have. And the Ritz doesn't have the benefit of the location that the 4S resort will have. I'd guess THAT'S why they're coming in...so the question is, is there enough demand to satisfy 2 resorts, within close proximity on WDW property, with ultra-high end suites. I'm skeptical there is, or that they'd choose the Contemp over the 4 S....unless they were at the Contemp for a conference, of course.

 

[dvc-NE]

I had to call my guide today with a few questions, and while we were talking I asked her what the chances were of DVC being at the Contemporary in a few years, since AKV was just announced.

There was a big, long, laugh, and she said "I could get in big trouble just by telling you you were HOT." So, I asked her if I was "cold". Another big, lllooooonnnngggg laugh. She said all she could admit to was that it had been discussed. And laughed some more.

A laughing guide is proof enough for me.
I am 100% convinced it will happen just as AKV happened.
CRV won't be next month, but it will happen.

 

[vandy]

I really hope CRV does come soon and the signs do look good BUT:

I think reality dictates that any sort of confirmation that CRV DVC is coming will be a big blow to AKV sales. We need to wait a few years before that announcement is made. We can hear all the unofficial rumors we want, but I am sure our guides will not, or better yet, can not divulge any information. Guides make their living off of their sales (either by meeting quotas, earning a commission or a combination of both) so you know if they could, they would tell us. They would want to protect the name of any potential buyer so that they receive the credit and income from that sale.

It is great fun though to hear all that is said and by whom and I am preparing myself for a couple more years of enjoyment so keep it coming! (It's just that this patiently waiting crap is tough!!!)

 

[elijahpep]

Haven't talked to our guide, but I could see her laughing with the thoughts of sugar plums dancing in her head and all the fees they as guides will make off the sale of CRV when and if it occurs. It's probably like holding the winning lotto ticket when everyone on the news knows it when and where it was purchased yet the person who won is holding out till they have everything in order to claim the winnings.

The DVC guides will be busy and thrilled no doubt when CRV comes along~

jmho
~DW

 

[spiceycat]

DIsney is pretty harsh on any sales guides who would say CRV is a reality.

until it is build it could be something else.

the guides and DVC could be in real trouble if someone brought AKV just because they thought that CRV was around the corner.

you know Disney - no guarantees.

 

[starbox]

I really hope CRV does come soon and the signs do look good BUT:

I think reality dictates that any sort of confirmation that CRV DVC is coming will be a big blow to AKV sales.[/I]

ITA, although I do think sales will overlap intentionally. Location is the one thing really going against AKV, and it is simply not in a position to compete with CRV and the most primo-DVC location to date. But I do think CRV is coming, and its future presence explains the suprisingly low point charts and larger units for AKV.

 

[tomandrobin]

Just to pile on here, where pilferk was going. I believe that a tower will be built at the site. It will be a mixed use building, with a mix of DVC units. Disney will get back the rooms it lost, plus more. And DVC will get a monorail resort. This is how they get around 70% rule.

 

[BroganMc]

ITA, although I do think sales will overlap intentionally. Location is the one thing really going against AKV, and it is simply not in a position to compete with CRV and the most primo-DVC location to date. But I do think CRV is coming, and its future presence explains the suprisingly low point charts and larger units for AKV.

So does everyone find it unreasonable to think CRV might be announced in 2009 when AKV's construction is complete?

Even if AKV is still up for sale, I can see Disney offering two locations at different prices. Pretty much like how they're doing SSR & AKV.

 

[3DisneyKids]

Even if AKV is still up for sale, I can see Disney offering two locations at different prices. Pretty much like how they're doing SSR & AKV.

Several years ago there were four resorts all for sale at the same time, so I definitely think that would not be an issue.

 

[tomandrobin]

So does everyone find it unreasonable to think CRV might be announced in 2009 when AKV's construction is complete?

Even if AKV is still up for sale, I can see Disney offering two locations at different prices. Pretty much like how they're doing SSR & AKV.

I thought that 2009 was the first phase of the new construction. I think that there will be three phases of the new construction.

 

[erikthewise]

Well they certainly didn't tear down the North Wing to plant trees...

Most people assume that whatever they build will either be 100% DVC or 0% DVC. Makes sense, but AFAIK there is no reason it couldn't be a dual-use structure. It certainly wouldn't the first time timeshares and hotel rooms were in the same building -- AKV is an obvious example but there are plenty of others. (Even I know of one!)

If they think they can fill e.g. 15 stories of $1000+ suites then they are deluded -- but I'm sure they are doing a careful market analysis. They could put high-end suites in the top two stories and the rest DVC, or they could put family suites into the mix as well. What's more the building could be nearly done before we here were sure which way(s) it was going.

spiceycat, yes the Kamehameha Suite in peak season is beyond outrageous, but hey you can get a 1BR suite at the Polynesian in value season for $575. Compare that to the following rack rates:
$575 Polynesian concierge lagoon view (standard room!) value season
$425 BCV/BWV 1BR suite adventure season
$595 BCV/BWV 2BR suite adventure season

So by comparision the Polynesian 1BR suite in Tonga (which also has daily housekeeping and concierge privileges) doesn't look too bad as overpriced WDW rooms go. Not that I'm about to make a reservation

 

[CR Resort Fan 4 Life]

It certainly wouldn't the first time timeshares and hotel rooms were in the same building. (Even I know of an example, and I don't know much!)

Correct me if I am wrong but doesn't WDW already have timeshare rooms and hotel rooms in a few of their Resorts? Some examples that come to mind is the Boardwalk Inn and Boardwalk Villas, Yacht Club, Beach Club and Yacht Club Villas, Beach Club Villas, Wilderness Lodge and Villas at the Wilderness Lodge and in a few months Animal Kingdom Lodge and Villas at the Animal Kingdom Lodge. All of those are Resorts with regular guest rooms and rooms with villas style accomodations.

 

[Budshark]

Most people assume that whatever they build will either be 100% DVC or 0% DVC. Makes sense, but AFAIK there is no reason it couldn't be a dual-use structure.

Ding ding ding... we have a winner!

I don't get the 100/0 proposition. Everyone is right - there's no way it'll be a DVC building. It also won't be a MK suite building... however... some mixture of suites, rooms, and DVC is absolutely reasonable and makes complete sense. If you build it - they will come

Now its just waiting...

Chris

 

[BroganMc]

I thought that 2009 was the first phase of the new construction. I think that there will be three phases of the new construction.

Since you're an AKV owner I assume you know more about the construction plans. Things I've read in the plans marked Kidani as opening in 2009. Since it is essentially one long building joined by a central lobby with amenities, I assumed it meant most of the construction would be complete that year.

I know it's a sort of collection of buildings but I doubt they'd leave so much unconstructed when they started accepting guests. At least I hope not. But as I said, being an owner I presume you've asked harder questions then I have about the construction schedule.

 

[MELSMICE]

Don't shoot the messenger, but I live in Rhode Island and on Easter Sunday my SIL's mother, who has a relative that works for DVC, said that this person told her that the North Wing was removed for the building of CRV!!! I'm just repeating what I was told so, if it never happens, please be kind, but I have no reason to not believe her.

The North Wing has been demolished. We spoke with a CM who said that it has not been formally (or informally for that matter) announced but he has heard that the next DVC location will be at the Contemporary.

He stated that the plans call for a "half moon" shaped building, facing Bay Lake, with a class hallway connecting to the main building.

Just what I heard................for what it's worth.

 

[Kurby]

This is too funny - I was just saying to my husband today that when we finish financing AKV, CRV would probably be coming into DVC and that we could think of buying either a 100 point add on or a new 160 - 200 point contract.

Then i come home and read this thread LOL

hummmmmmm must be in the stars.

 

[mikayla'sMom]

Our family just came back from WDW. While on a Wishes Cruise our captain confirmed that a 15 story DVC was going up. They can't all be wrong...can they?