I meant if the 25% undeclared RIV goes into the trust. Right now I can book at any time with my direct points, up to the maximum number of rooms. But under the new model I was concerned that the trust might own 25% of the points, but that it could be booked at any time up to 25% over the course of the year. Because then potentially thousands of trust owners could eventually compete with hundreds of Riviera owners and by the law of numbers, some Riviera owners would be shut out of popular times. If they instead create a Riviera-A block (75% declared, bookable by anyone with traditional points) and a Riviera-B block (bookable only by trust points) for each day that would be ok. Then the trust owners can fight it out amongst themselves and my hypothetical Riviera points would be effectively unchanged.
I hate the trust idea, by the way, especially if this is what ends up happening to all properties in 2042.
Yes, that would be what occurs. Parallel booking pools and then all pooled together at 7 months. The trust will have declared 25% of rooms to the trust and the trust can only book up until the ‘rooms’ that it has access to.
If the trust simply owned a percentage of points that it was using in the traditional sense, December wouldn’t actually be the issue for the trust to access. Savvy Trust members would burn through high priority resorts early in the year and have no high priority points left to use in December.
Functionally the trust is no different than owning at a half declared resort with Disney ‘owning’ the other half for cash rates. Disney cannot take away the high priority dates from a traditional owner, nor could the trust.
It’s one of the whole reason I disagree with people thinking you’d even be buying a ‘resort’. That defeats the point. You are buying a branded DVC point. They don’t play together with your other points until 7 months. Even if theoretically the trust can book RIV and you own RIV, the points are accessing different booking pools.
The whole reason they want to do this is because they want to start selling members on the points rather than the resort specifically. There is no decision, all the resorts are equal opportunity to book (in theory, in practice certain ones we know will be fierce). It really helps a resort like Aulani, which I actually think people want priority at… but can’t mentally commit to owning something they won’t reliably access annually. It helps Disney because they aren’t selling you on having to go annually to Hawaii (or
Disneyland). You own them all, you can choose where your annual vacation is every year.
Most importantly it gets ahead of the 2042 resorts. I think the trust points are going to be actually on the more attractive side of things (assuming they include RIV, VDH and Aulani declarations). They’ll be less attractive when the real sleep around resorts start entering it… though trust owners will get happily distracted by that reality with Boardwalk and Beachclub entering their fray.
But how on earth is Disney going to sell SSR again in the future when people know more desirable resorts are coming back for a second round a few years later? The answer is they don’t, the answer is buy our trust points now and VGF is entering the trust shortly for you!
Finally I don’t think declared rooms will enter the trust and I think for a while parallel products will be offered. Specifically Poly, they want to sell current Poly owners points that ‘play with’ their current contracts and not detached trust points. The real question is will the adoption of the trust prevent Poly owners from actually getting much Poly 2 declared to Poly 1? Will they get a meager 25%? Will they go crazy and buy up tons of the resort? It’s kind of making the resale jump a dangerous decision.