Iger: no immediate plans for new Disneyland DVC

President and CEO Bob Iger states that there are no current plans for additional Disney Vacation Club construction at California's Disneyland Resort.  

Iger addressed the topic during the annual shareholder meeting in Kansas City, Missouri.  The Orlando Sentinel summarized Iger's comments as such:  "Disney is still evaluating the performance of a test in which it added 50 DVC units to the Disney's Grand Californian Hotel & Spa in 2009."

Disney is in the early stages of selling ownership at Aulani, Disney Vacation Club Villas in Ko Olina, Hawai'i.  Residents of the western United States have long been viewed as a prime target market for the 460 timeshare units Disney is constructing in Hawai'i.  Offering a competing destination at Disneyland would only soften the market for Aulani ownership, a project which has already suffered financial problems which reportedly lead to the departure of former Disney Vacation Club head Jim Lewis.  

Construction has just begun on a 147-room Vacation Club add-on to Disney's flagship Grand Floridian Resort & Spa at Florida's Walt Disney World.  

Reader Comments
Re: Iger: no immediate plans for new Disneyland DVC -- wdrl
2012 Mar 20 11:06:01 AM
The Villas at Grand California have been open for over two years and by all accounts, VGC is a success. Having the home resort advantage is really helpful, and VGC prices have remained quite high on the resale market. I don't understand what Mr. Iger means when he says that Disney is "still evaluating" the performance of VGC.

I think the real reason why a DVC expansion at Disneyland is not in the works is fear that such an expansion would undermine sales at Aulani. If true, this doesn't bode well for a DVC expansion at DLR anytime in the next 3-5 years.
Re: Iger: no immediate plans for new Disneyland DVC -- denlo
2012 Mar 20 11:08:30 AM
I have to agree with Wil's second paragraph, except I think it could be as long at 5 to 8 years, since DVD expects Aulani to take 10 years to sell out.
Re: Iger: no immediate plans for new Disneyland DVC -- bakerworld
2012 Mar 20 12:59:58 PM
Agree also - I think the last 2 'incentive' offers exclusive (inclusive??) to Aulani or AKL supports this opinion.
Re: Iger: no immediate plans for new Disneyland DVC -- TimK
2012 Mar 20 01:24:08 PM
Five years from Aulani opening is my most optimistic estimate for another Disneyland DVC.

I don't think Disney will try to ride Aulani until it is completely sold out. In doing so they would be leaving too much money on the table--some west coast buyers just aren't going to bite on Aulani no matter how good they stress the ability to use points at GCH, DLH and PP.

But they'll give Aulani a good 3 years to sell as much as possible before there's much of a whisper about more DVC units at DL.

(All IMHO, of course.)
Re: Iger: no immediate plans for new Disneyland DVC -- scolling007
2012 Mar 21 02:16:48 PM
I think that the biggest problem is that DLR is deadlocked on space, I don't know where you would build another resort, and just having done a major refurbishment of the Disneyland Hotel, that only leave Paradise Peir that they could convert to Villas. DVC already allows you to use the regular rooms, at the Grand and the Pier without having to convert your points to the Disney Collection. I just can't imagine where anything else would fit?

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