Will a Rental Crackdown Reset DVC Resale Prices?

[AnnaKristoff2013]

Wouldn’t it destroy the rental market if DVC made an example of a dozen or so rental reservations, where a family showed up at Disney for their much anticipated vacation w rented points and DVC revoked their reservation? As a former renter, I wouldn’t take the chance regardless of how good the discount.

DVC doesn’t need to change the modification rules or even police the market - they just need to enforce the rules against paid rentals every once in a while.

You’ve just described what Wyndham did. It worked extremely well.

 

[New Mouse]

Wouldn’t it destroy the rental market if DVC made an example of a dozen or so rental reservations, where a family showed up at Disney for their much anticipated vacation w rented points and DVC revoked their reservation? As a former renter, I wouldn’t take the chance regardless of how good the discount.

DVC doesn’t need to change the modification rules or even police the market - they just need to enforce the rules against paid rentals every once in a while

With the used park tickets in the past, Disney used to coax the guests who were caught with them to rat out the ticket sellers in order to not lose the tickets.

 

[Mirabell Rose]

But adding code that makes it impossible to drop only part of a reservation until say the ten month window has passed is possible and pretty cost effective. IF they see walking as a problem (and I don't think they do, walking doesn't hit their bottom line when done by members staying on their own points - renting does).

Easy change.

 

[samsp99]

The flood to the market would be short lived ( less than a year). If the commercial renters can no longer rent they will dump the contracts before the next years maintenance fees come due. They will not hold on to these contracts hoping to get "top dollar".

If the number of commercial renters is small, but with large numbers of points - I wouldn't be surprised if Disney did a deal with them, as it would give them more points for resale (a common gripe) and for adding to the trust model that they create.

 

[Bearval]

Easy change.

Yes, that is very similar to what I have said before. This would stop the walking immediately and cost nothing but a code change.

 

[Bearval]

But adding code that makes it impossible to drop only part of a reservation until say the ten month window has passed is possible and pretty cost effective. IF they see walking as a problem (and I don't think they do, walking doesn't hit their bottom line when done by members staying on their own points - renting does).

They wouldn't even have to wait until a 10 month window has past. They just have to wait until the "new" dates they want for the modification have been available after the 11 month window which means everyone else has an equal opportunity for those dates. This will stop the persons walk.

 

[eandt]

They wouldn't even have to wait until a 10 month window has past. They just have to wait until the "new" dates they want for the modification have been available after the 11 month window which means everyone else has an equal opportunity for those dates. This will stop the persons walk.

Disney doesn’t care about walking …

 

[AnnaKristoff2013]

Disney doesn’t care about walking …

They don’t. They might at some point care about the fact that less people are booking rack rate rooms from Disney because advertisements from the board sponsor and David’s are plastered everywhere.

 

[Bearval]

Disney doesn’t care about walking …

You are right, they don't. Just saying if they really wanted to stop it they can do it very easily and it would only affect the walkers.

 

[tx911]

You are right, they don't. Just saying if they really wanted to stop it they can do it very easily and it would only affect the walkers.

They should care about it, because it degrades the value of the product, but they don't.

The fact that it would hamper the commercial rental problem simultaneously should be reason enough to do it IMO.

 

[Ruttangel]

They should care about it, because it degrades the value of the product, but they don't.

The fact that it would hamper the commercial rental problem simultaneously should be reason enough to do it IMO.

Oh no, don’t get rid of walking or modifications, that would make a lot of owners lives more difficult

 

[Sandisw]

You are right, they don't. Just saying if they really wanted to stop it they can do it very easily and it would only affect the walkers.

I think because the practice impacts so few rooms or only for a few weeks out of the year, making changes that could have uninteneded consequences for your average owner, they really don't need to make a change.

Again, while I don't use it...did a few times and won't unless its a unique situation...I honestly don't mind and much prefer having the flexibiity of what we have.

 

[thanxfornoticin]

They should care about it, because it degrades the value of the product, but they don't.

The fact that it would hamper the commercial rental problem simultaneously should be reason enough to do it IMO.

I'm not sure how walking degrades the value, but I know it's a very important topic to some DVC owners. Its impact is quite small overall. I don't think it's nearly as prevalent as you would think reading about it here. The widespread, intentional renting of points is very impactful, though. I hope they follow through and try to control that part better.

 

[Bearval]

I think because the practice impacts so few rooms or only for a few weeks out of the year, making changes that could have uninteneded consequences for your average owner, they really don't need to make a change.

Again, while I don't use it...did a few times and won't unless its a unique situation...I honestly don't mind and much prefer having the flexibiity of what we have.

The frustrating part for me and others is trying to book a reservation and having to piece it one day at a time when the walkers pass on dates they had no intention on keeping. It would be nice just to log on one once and book my entire trip.

 

[Sandisw]

The frustrating part for me and others is trying to book a reservation and having to piece it one day at a time when the walkers pass on dates they had no intention on keeping. It would be nice just to log on one once and book my entire trip.

I have had to do that myself, along with waitlists, or be flexible with dates. And, I am okay with that because Id much rather be able to book/change/cancel/move my trips without any level of penalty

Plus, large point owners, especially ones with multiple memberships, would be able to still walk...and now have an advantage over the small point owners.

Don't want to derail the thread about walking...but it used to be booking from check out day...before my time...but from what I have heard, people ended up with holes in their vacations, calling every day, etc.

Now, if it is true that many of the high sought after rooms are being walked and then rented by companies, and DVC starts enforcing its own rules for those types of situations, it should help.

 

[lowlight]

Anything that, if done by every member, would cause the product to “break”, should be fixed. They knew that contract flipping and spec renting was an issue years ago, because we were discussing it here and it was likely already on their radar. Same goes for walking. It’s been discussed here since changes could be made online, well over 10 years ago. Both conversations were met with “well it’s not that widespread”. If something is being discussed for a decade, it’s widespread. One change affects a company that nobody here cares about, one affects members that use the practice themselves so of course they don’t want it changed. Ask yourself how DVC would be as a product if every member spec rented? How would it be if every member walked every reservation? “But I only do it for important reservations.” Guess what, everyone’s reservations are important to them.

 

[Sandisw]

Anything that, if done by every member, would cause the product to “break”, should be fixed. They knew that contract flipping and spec renting was an issue years ago, because we were discussing it here and it was likely already on their radar. Same goes for walking. It’s been discussed here since changes could be made online, well over 10 years ago. Both conversations were met with “well it’s not that widespread”. If something is being discussed for a decade, it’s widespread. One change affects a company that nobody here cares about, one affects members that use the practice themselves so of course they don’t want it changed. Ask yourself how DVC would be as a product if every member spec rented? How would it be if every member walked every reservation? “But I only do it for important reservations.” Guess what, everyone’s reservations are important to them.

Being discuss on a place like this is not widespread, as we represent a fraction of the DVC owners. So, no it is not occurring to the degree that it is impacting most rooms and most of the year...and even if it was, the end result is the same.

If their are fewer people who actually want the room then rooms available for those nights, people will get the rooms by using a waitlist or going in and waiting to pick them back up....a little more work? Sure..but changes have consequences, and my guess is that they have run all the different situations and right now, see those consequences as not a good thing for the membership as a whole.

 

[lowlight]

Being discuss on a place like this is not widespread, as we represent a fraction of the DVC owners.

I know you and I disagree with this, as we’ve gone round and round several times. Just be honest with me, if every member walked every reservation, do you feel the booking process would be better or worse? No beating around the bush, straight answer please.

 

[thanxfornoticin]

I have no data to back it up, but it seems to me that if the renting issue was controlled better, the 'walking' situation would be even less of an issue. Walking seems to be an issue based on a few room types, and mostly based on the time of year the reservation is desired. So it seems to me the 'renters' are most likely to be walking to grab those very popular rooms and sell them back to the people who couldn't get them. Crack down on the renting, if possible - and perhaps that will open up a few additional reservation options for those who want to book a hard-to-get reservation.

But sometimes, not getting the exact room you want isn't about walking - it's actually DVC members using their points to book what they want - and they're just aren't enough rooms at that particular time and location. In those situations, there isn't anything for Disney to change or "fix", short of building more DVC Club Level rooms at AKL, or lower-point studios at several existing resorts - and that's not likely to happen!

 

[tx911]

I have no data to back it up, but it seems to me that if the renting issue was controlled better, the 'walking' situation would be even less of an issue. Walking seems to be an issue based on a few room types, and mostly based on the time of year the reservation is desired. So it seems to me the 'renters' are most likely to be walking to grab those very popular rooms and sell them back to the people who couldn't get them. Crack down on the renting, if possible - and perhaps that will open up a few additional reservation options for those who want to book a hard-to-get reservation.

This is my point too. If the renters are a large part of the walking problem, then addressing either commercial renting directly or walking itself or both could be of benefit.

I, like many others on this thread and others have expressed, have to believe there is a way to address walking with no impact otherwise on the ability to modify reservations.