Yr-to-day (YTD), Disney has exercised their suitable of initial refusal (ROFR) on 97 Disney Family vacation Club (DVC) contracts, and DVC Resale Industry (DVCRM) has sold 959, ensuing in a 10.1% obtain again amount (Contracts Acquired Again in 2021/Contracts Offered in 2021). The 2021 waiver rate is 89.9%.
Polynesian is Now on ROFR Alert
Right until this previous February, DVCRM experienced only two Polynesian contracts at any time obtained back again as a result of ROFR likely back to when Polynesian initially entered the resale marketplace in 2016. This previous thirty day period, there were being nine Polynesian contracts purchased again. This is a dramatic uptick for a resort that went mostly untouched in ROFR.
Importantly, Polynesian was one particular of just 5 “sold-out” homes to receive a Disney immediate cost boost in February, using its immediate rate improve from $245/pt. to $250/pt. The common resale rate for Polynesian is roughly $151/pt. At these rates, the Polynesian now has the biggest share gap among resale and direct cost of any Walt Disney Planet DVC house. At about a 40% differential the Polynesian is symbolizing one of the ideal economical chances for Disney in purchasing back again a DVC resort at WDW.
Optimum Regular monthly Obtain Again Quantities by DVC Vacation resort
Maximum Invest in Back again Selling price For each Point by Vacation resort from February ’20 to February ’21
What is Correct of First Refusal (ROFR)?
For people new to the idea, Correct of Initial Refusal is the solution Disney Holiday vacation Club has to invest in any resale deal right after a income price tag has been agreed upon, and the agreement has been executed. Each and every agreement should be forwarded to DVC for overview.
DVC usually will take no a lot more than 30 days to critique the contract. At their discretion, Disney may well action in and order the assets on their own at the terms agreed upon by the vendor and original buyer. DVC then gets to be the buyer, and the invest in is entire. The moment DVC is the consumer there is not an prospect to arrive again with a better present in hopes of nevertheless getting the contract.
Disney Getaway Club Vacation resort Contracts Bought Back in 2021
Remember to refer to the graph under for the complete amount of get backs at each individual DVC resort for contracts marketed by DVC Resale Industry in 2021:
Acquire Back again Prices for Disney Family vacation Club Resorts in 2021
The table beneath shows the share of get backs for all 7 unique resorts that have had at least one particular contract bought back again in 2021. Be aware, there were being no invest in backs of the following resorts in 2021: Aulani, Beach front Club, Boulder Ridge, Copper Creek, Grand Californian, Hilton Head, Riviera Resort and Vero Seashore.
Resort | Acquire Backs | Amount Offered | Percentage Acquired Again |
Animal Kingdom | 7 | 127 | 5.5% |
Bay Lake Tower | 30 | 90 | 33.3% |
Boardwalk | 18 | 67 | 26.9% |
Grand Floridian | 1 | 54 | 1.9% |
Aged Vital West | 21 | 79 | 26.6% |
Polynesian | 10 | 91 | 11.% |
Saratoga Springs | 10 | 165 | 6.1% |
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