crvetter
DIS Veteran
- Joined
- Nov 26, 2018
Disney only has to, in theory, allow the point bookings for the units (and the Vacation Homes contained) declared at that point. Those points are sold (owners) or developer owned (DVD). The owner and developer are in competition for those units together. As for the undeclared inventory I'm not sure who owns those (DVD or the Resort arm of WDW), but those just go to the cash side and no point consideration has to be given because they weren't apart of DVC yet thus had no points (actually there is some weird rules about MF too for the undeclared inventory where Disney doesn't have to fully pay on the undeclared side, but no worries they do have to make the DVC resort whole so not taking something). The deceleration is what creates points.Thank you. Is the functioning inventory different than what is declared?
Lets say you had a potential 100 units. Only 75% are declared. Is Disney only allowed to rent out(via dvc points) those 75 units? Are the remaining 25 unusable? Or are they used for cash reservations?
In practice there is a part of the POS that states Disney can give the Association access to units not yet declared but takes from the Association an equivalent point value of rooms to the cash side. But for CCV it seems that Disney did hold onto the undeclared inventory for some degree and didn't do this completely for CCV as evident by the last 2 declarations adding a bunch of inventory to CCV.