I am starting to feel a little badly for Riviera owners with regards to the Trust. If they launch the trust and don’t remove resale restrictions from Riviera, I don’t see how Rivera resale doesn’t plummet. It won’t go to zero i suppose because there exists a price where people would still snap it up just to stay in Riviera, but if resale trust points can get you into Riv, who would want to buy Riv resale?
Disney wouldn’t have a direct financial incentive to remove the resale restrictions either, because they wouldn’t need to sell Riviera direct anymore, they could just throw the remaining Riviera into the trust and sell trust points. As a result, at least in the beginning, people who own trust points (direct or resale) could have a better ability to book at Riviera than people who own direct at other non-riviera resorts. Finally, if Disney starts selling an upgrade/wash option to convert your deed to trust points, they’d have a real incentive to keep the resale restrictions, to try to incentivize current Riviera owners into “upgrading” their membership. That would be what other timeshare developers would do, I guess it’ll be a test to see if Disney is like everyone else.