DVC took a hit in 2009

Originally Posted By dshyates

83% drop in sales from last year.

<a href="http://thedailydisney.com/blog/2009/12/credit-turmoil-had-big-impact-on-disneys-time-share-business-in-2009/" target="_blank">http://thedailydisney.com/blog...in-2009/</a>

 

Originally Posted By dshyates

Sorry, that's should be an 88% drop from last year.

 

Originally Posted By Jim in Merced CA

Not surprising at all...

 

Originally Posted By SuperDry

I think you've mis-characterized the figures in the story. It's not an 88% drop in DVC sales to consumers, but an 88% drop in newly-written DVC mortgages that Disney was able to then sell to a bank to get all the cash up-front. Instead, they are having to act as the bank themselves and carry the loan. That's very different than an "88% drop in sales from last year."

 

Originally Posted By jmuboy

Any idea how the new resorts are selling?

 

Originally Posted By Disneymom443

I work with someone that just sold her WLV to buy at BLT. She's happy with that.