Originally Posted By dshyates Yeah! Disney is building yet another exclusive resort while dragging a 38 year old parade down Main Street (with a tractor, no less). While all that DVC profit obviously isn't being reinvested back into their core product. I am sure it will add to The Weatherman's Christmas Bonus.
Originally Posted By Mickeymouseclub Sorry but I guess I do not understand how DVC or any hotel can build on Disney-land property and not be expected to pay fees for upkeep,insurance,improvements,resort transportation,etc.to that landowning corporation. If I rented a store in a mall I am not expected to pay fees for security also? So how is DVC a completely separate entity and money is totally only for DVC? (and my previous comparison was misunderstood;I did not explain myself very well). I am not arguing for/against anything just trying to figure out some of the discussion from all angles.I will continue to read and learn from the masters.
Originally Posted By vbdad55 Then we really do have a problem. If crowds are increasing because of DVC while Park capacity is remaining the same or as some people have suggested have decreased. Now there is a legitimate reason to complain about DVC. I won't even get into the class warfare aspect of it here. ---- well I may slightly more often but all it did was move me from Poly or GF to OKW -- so there is little net up except for some in frequency
Originally Posted By vbdad55 I guess the did not serve it's purpose. ---- I missed it too but then what do you expect from a contrarian -
Originally Posted By vbdad55 Sorry but I guess I do not understand how DVC or any hotel can build on Disney-land property and not be expected to pay fees for upkeep,insurance,improvements,resort transportation,etc.to that landowning corporation. If I rented a store in a mall I am not expected to pay fees for security also? -- Maintenance is covered by monthly fees- the rest you mention is built into the purchase price of the units - just like it is when you buy a house in most areas. When you buy a house in subdivisions in my county - the builder pays impact fees - which cover roads, rights of way, water and electrical hookup etc.-- they are built into the purchase price of the home. This is no different.. if you rented a store from yourself would you be paying the fees to yourself ? Disney as a corporation benefits fromt he cash flow- even if it was just as a PE ratio for the company improved so that their bond rates were lower and thei borrowing rates also lower because of the overall financial position of the company.
Originally Posted By vbdad55 While all that DVC profit obviously isn't being reinvested back into their core product. I am sure it will add to The Weatherman's Christmas Bonus ---- there are still ways the ompany can benefit from the profit- see above. And the flip side is they are not uysing any parade money to build DVC units...I wqas told building new etickets would pay for themselves and make the parks even more profitable- it were really true you bet they would be doing it, if even to fulfill your CEO compensation theory would they not ?
Originally Posted By RoadTrip <<I guess the did not serve it's purpose.>> I saw it, but mistakenly assumed it only applied to the "class warfare" portion of your post.
Originally Posted By RoadTrip <<Sorry but I guess I do not understand how DVC or any hotel can build on Disney-land property and not be expected to pay fees for upkeep,insurance,improvements,resort transportation,etc.to that landowning corporation. If I rented a store in a mall I am not expected to pay fees for security also?>> This might make it somewhat clearer. I have enough DVC points to rent a one-bedroom unit for about two weeks per year. I pay $1,584 in annual maintenance fees. Since my two weeks is 1/26th of the year, annual maintenance fees paid on that ONE 712 square foot unit is an astounding $41,184. I think DVC is MORE than paying it's own way. Now, could someone here please tell me how a local who never stays on site and pays a grand total of $404 for a Florida annual pass is in ANY WAY WHATSOEVER covering their fair share of maintenance? I'm gonna grab me some popcorn and wait. This one ought to be good!!
Originally Posted By leobloom >> I have enough DVC points to rent a one-bedroom unit for about two weeks per year. I pay $1,584 in annual maintenance fees. Since my two weeks is 1/26th of the year, annual maintenance fees paid on that ONE 712 square foot unit is an astounding $41,184. I think DVC is MORE than paying it's own way. << How do we know the maintenance feels are being used for maintenance? You're probably just lining Bob's (or whoever's) pockets, instead. I mean that at least partly in jest.
Originally Posted By HokieSkipper So now DVCers are better than locals or Cast Members? Oh boy. *rolls eyes*
Originally Posted By leobloom >> How do we know the maintenance feels are being used for maintenance? << *fees...don't want to know what "maintenance feels" are.
Originally Posted By RoadTrip As far as paying a fair share of maintenance? You bet your butt we are!! Hey... don't look at me. I'm not the one who brought up this whole line of ridiculous anti-DVC posts. What goes around comes around. Don't forget, we DVC'ers are paying the salaries of DVC Resort Cast. LOL
Originally Posted By dshyates I think it is pretty obvious that Disney is making more money with Hotels/DVC than new attractions. Since MK got an E-Ticket they have built Wilderness Lodge, Wilderness Lodge Villas, Boardwalk Inn, Boardwalk Inn Villas, Animal Kingdom Lodge, Animal Kingdom Lodge Villas, Coronado Springs, Shades of Green, Pop Century, All Star Movies, All Star Sports, All Star Music, Saratoga Springs, Bay Lake Tower, Beach Club Villas, and soon the new Art of Animation Resort. Heck, they built all that stuff since MK got a new nightime parade.
Originally Posted By HokieSkipper <<As far as paying a fair share of maintenance? You bet your butt we are!!>> Right. Because it's obvious that money is actually going into maintenance. You guys must be skimping out on giving money to the mouse, because my ride still never works right.
Originally Posted By HokieSkipper <<Don't forget, we DVC'ers are paying the salaries of DVC Resort Cast. LOL>> You own a peanut farm?
Originally Posted By RoadTrip <<leobloom Wed 10/6/2010 9:06p >> How do we know the maintenance feels are being used for maintenance? >> Well, at the end of every year we get a listing of expenses by category that are paid by fees. So far bonuses for Disney Fat Cats has not shown up. Since DVC is real estate it is tightly regulated at both the state and federal level. I doubt too much monkey business ccould go on with the the fees.
Originally Posted By Christi22222 >>I think it is pretty obvious that Disney is making more money with Hotels/DVC than new attractions.<< And this, in a nutshell, appears to be the crux(sp?) of the issue. The DVC's obviously do make money, and that is what all the DVC supporters are standing behind. My assumption is that they are not wrong. (Nor do I think they are in any way evil for participating in DVC!) But some of us are concerned that such laser beam focus on this revenue source is short sighted, like so much about running this company is these days. It starts to feel as if they are cashing in on past success and loyalty, without making any continued investment in maintaining that success. I personally can't say if DVC is taking away actual budgets and cash from the parks, but it would seem obvious that just having that aspect to the business - with it's resource needs and profit streams - takes away the need for Disney to focus on the parks. If DVC is bringing in money, maybe they don't feel they need to make the parks more profitable and coasting is ok. Or if they are spending time planning DVC's, is there time left to be planning park enhancements. In my mind, it isn't whether or not the DVC is directly harmful, but do they have too many "children" now at TDO to bother giving each one the individual attention they need to thrive?
Originally Posted By Christi22222 Oh, and I'm bummed about developing all the beautiful land on property. That "wilderness" is what allows me to feel like I've been transported to another time and place. But that's a different piece to the puzzle.
Originally Posted By vbdad55 How do we know the maintenance feels are being used for maintenance? You're probably just lining Bob's (or whoever's) pockets, instead. I mean that at least partly in jest. ---- that's what croporate auditors ( I used to be one) are for- there are some very tight tules on collecting monies for one pstated purpose and spending them elsewhere -- our government can do it it seems with pensions and the like, but others go to jail for that sort of thing
Originally Posted By vbdad55 So now DVCers are better than locals or Cast Members? Oh boy. *rolls eyes* ----- before your eyes stay permanently in the back of your head like I am sure your mother told you once or twice like all Mom's do-- please point to the refrence that makes this claim - and from whom ? I do not see anything claiming anyone is better than anyone else - DVC ers en masse have a chance to have more voice in Florida because of sheer numbers. Doesn't say they will but they could- that doesn't make them better..so please show us this reference.
