Disney Vacation Club 2021 Annual Meetings
The Disney Vacation Club 2021 Annual Meeting of the Board of Directors and 2021 Annual Meeting of the Members happened today at the convention center at Disney’s Contemporary Resort. Disney Vacation Club is celebrating its 30 year anniversary in 2021 and Mickey showed up in his 50th anniversary attire to celebrate and kick off the meeting. A member of the DVC Resale Experts team was present at Walt Disney World to hear the updates and any announcements. Let’s go over what was discussed.
Disney Vacation Club 2022 Dues
Last month the Disney Vacation Club Proposed 2022 Dues were shared. DVC annual dues cover things like administration and front desk costs, taxes, housekeeping and more. The dues budget components were graphed out as Property Taxes 17%, Reserves 17% and Operating Costs 66%. At today’s meetings the 2022 Disney Vacation Club annual dues were as follows:
|Est 2022 Assessment per Vacation Point||Increase per Vacation Point||% Increase from 2021|
|Bay Lake Tower||$7.08||$0.18||2.6%|
|Old Key West||$8.81||$0.45||5.4%|
Reasoning for some of the increases were higher wages at beach resorts due to labor shortages and negotiating better insurance for cast members. Also the Grand Californian is having some renovations done in 2024 so more money will be put in reserves for that.
Grand Californian Operating Credit
It was shared that The Villas at Disney’s Grand Californian Hotel & Spa have a surplus operating credit of $1.01 or 21%. The operating credit is related to 2021 and so was not included in the 2022 budget mailer. The credit will be reflected on owners’ 2022 Dues Statement and will lower the amount due.
Can you book the Star Wars hotel with DVC points?
Yes, you can book the Star Wars hotel with DVC points. It was shared at the meeting that at least 500 Disney Vacation Club members have already booked stays on the Star Wars: Galactic Starcruiser, the Halcyon, using points. Rates start at 295 DVC points per person.
Disney Vacation Club Room Renovations
As for renovations, Saratoga Springs Resort, Old Key West and the Polynesian rooms have all been updated. Saratoga and Old Key West also had lobby refurbishments and the Polynesian received enhancements to the porte cochere and monorail station. Boulder Ridge is next in line for renovations with a room refresh.
Other DVC Meeting Announcements & Details
Also recently announced, Disney Vacation Club will move from RCI to Interval International as its exchange provider starting in 2021. Another thing mentioned was the National Geographic collection of destinations. This is a separate offering from Adventures by Disney. And the member feedback tool at DisneyVacationClub.com/feedback is ready for your thoughts.
As always, check back here on the DVC Resale Experts blog for more news and updates about the most magical timeshare offering. The professionals at DVC Resale Experts are experienced and dedicated to helping you sell DVC points or buy DVC resale. View the current DVC resale listings to become a member or add more points to your collection.