We know that some Members had reservations for Disney Vacation Club resort stays during the closure period using points that are set to expire. Please note this temporary policy only includes expiring points that were used to book a stay between March 12 and the end of the closure period and that involve a reservation cancelled after February In addition, to better support Member availability, Disney Vacation Club will not extend the life of our expiring developer points.
In light of this and to help with resort availability in the coming year, beginning today Members who want to borrow points to complete a reservation will temporarily only be able to borrow up to 50 percent of their future Use Year points per contract, as permitted by your Home Rules and Regulations.
Doing this will help manage inventory and accommodate more Members who want to schedule their vacations once the resorts reopen. Points already borrowed for a stay outside the closure period will be honored, even if they are above the 50 percent threshold. We will continue to monitor our inventory and re-evaluate, with the goal of returning to our standard policy as soon as it is appropriate to do so.
While lower operating costs are anticipated for each condominium association because of the closures, there are many unknowns ahead as the resorts return to operation. Our commitment to Guest and Cast safety remains our top priority, and changes may be implemented to the way we operate, which may add some new costs.
Given the unique circumstances of this situation, the proposal is to issue a credit to Members in mid-December as part of the distribution of Annual Dues Statements for if their association has an operating surplus as opposed to rolling all surpluses into reserves.
These changes should provide helpful support to the entire membership as our team works toward making Disney magic for you and your loved ones just as soon as possible.
We will continue to evaluate the situation, make changes to policies as they become necessary and keep you updated. More information on these policy changes can be found on our website, www. Source: Disney Vacation Club. I believe it is a wait and see game… It will depend on what inventory begins to look like. We may either see further borrowing restrictions or a relaxing of these later this year or early next year.
Dues are part of the real estate ownership agreement. Despite the resorts being closed we as owners are still responsible for the properties. As announced, however, we may see a credit applied in due to lower than anticipated operating expenses. Ask a Question Opens the Ask a Question dialog box. Ask planDisney Discover the magic of a Disney Parks family vacation from one of our knowledgeable online panelists. This is a question and answer website to help you plan the best possible Disney vacation.
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In the meantime, be sure to use the "Search" feature above or browse the site by destination to see if a similar question and answer have already been posted. Close Ask Another Question. A chart summarizing those different banking deadlines is below. Another thing to consider is banking deadline. To use points from both contracts on the same reservation the points would have to be transferred from one membership to the other membership and then make the reservation.
This does create an additional step but is very possible. The reason for doing this would be to avoid losing points due to reservation cancellations. At Disney Vacation Club he became the top performing guide from Nick led many training sessions for DVC for both the land and cruise teams.
Nick is also the proud parent of Alexandria and Jackson. Hey Nick, We are interested in vacationing consistently the last week of August. Aaron — 1. August will be the best Use Year. Crowds will be moderate.
It will be hot and you are likely to get some afternoon rain. Good time of year to visit the water parks too. If I own a small direct with a use year of February and I want to add on possibly at a different resort, is it still beneficial to have the same use year or does the 7 vs. Lori, the biggest change with getting a 2nd contract regardless of resort in a different Use Year will be a 2nd membership will be created, and to use both contracts together you will need to transfer points from one membership to the other membership first.
Many people do it, however, it is an extra step. The 7 to 11 month window is only based on the resort and will be independent of the Use Year decision. My points become available in August every year.
I know I have to bank my points by March , but I had points from that were banked and became available August
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