They should.No. I'd actually expect them to lean in with Cruise Line once their fleet expands.
I think that is the key, if demand was so much lighter than they wanted, the first thing they should have done is lower the price.DVC apparently doesn't regret it enough to offer the points at fire sale prices.
I believe that Aulani deed expiration is 2062, lots of time to go before they worry about that.Will they hang on to the resort when it expires?
What % do you think Aulani is sold so far in DVC points?I mean, that's a ridiculously broad question. We all have regrets.
I don't think it's fair to declare whether or not Disney regrets the entire Aulani project. In hindsight, maybe they regret the timing, or the location, or the size, or the budget, or the amenities, or 100 other things. But at the time, what they did made sense. And even though the DVC points have sold slower than projected, it has left them with more cash rooms to rent for a profit. Even if some of those rooms sit empty and others are discounted.
DVC apparently doesn't regret it enough to offer the points at fire sale prices.
The 2024 budget is based upon 330 vacation homes. There are 467 total vacation homes in the DVC component, suggesting it's about 70% sold out.What % do you think Aulani is sold so far in DVC points?
50%?
No. I think they regret building it as large as they did, and not keeping a portion as hotel rooms. I think a resort just 20% smaller would have been a smashing success.With Aulani still not sold out, do you think Disney regrets building that resort?
No. They undercalculated the MFs and they didn’t anticipate the failure of the Japanese economy to keep pace with the US.Did they ever think sales would go the way they have?
It’s so hard to say. Hawaiian resorts rarely last more than 40-50 years. It wouldn’t surprise me if they did massive, massive renovations on it though, potentially including shrinking it, and resold it as Aulani 2 if DVC still exists then.Will they hang on to the resort when it expires?
wow! thanks for the info!The 2024 budget is based upon 330 vacation homes. There are 467 total vacation homes in the DVC component, suggesting it's about 70% sold out.
Selling Aulani was never primarily about selling Aulani contracts. Aulani being in the DVC inventory helps Disney sell the other DVC resorts. It's one of the crown jewels they can point to in their sales presentations and say "look at this wonderful place you can go to if you Become a Member and Stay Magical Year After Year.
It doesn't matter if they're selling Aulani or Riviera or Fort Wilderness, those guides are still going to show you Aulani and Bungalows and Cruise Line and Adventures by Disney and Riviera 3BR GV.
No, they make tons of $$$ to cash paying guests. They're in no hurry to sell out the Resort.With Aulani still not sold out, do you think Disney regrets building that resort? Did they ever think sales would go the way they have? Will they hang on to the resort when it expires? Any good insight?
LOL, I see what you did there! Nice!It's a home run!
LOL, I see what you did there! Nice!