Resorts at Walt Disney World will generally see the lowest year-to-year increases with two properties coming in under 2%, while some off-site Disney Vacation Club resorts will see their dues rise 6-7% over 2023 rates.
Disney's BoardWalk Villas has the lowest annual dues increase for 2024
Disney Vacation Club dues cover the operating costs of the resort (employees, park transportation, housekeeping, utilities, etc.) as well as property taxes and some allocation for long-term repairs and upgrades.
Following are the proposed figures for the 2024 calendar year:
|Resort||2023 Dues||2024 Dues||Increase|
|Animal Kingdom Villas||$8.8099||$9.0820||+3.09%|
|Bay Lake Tower||$7.4255||$7.5902||+2.23%|
|Beach Club Villas||$8.1655||$8.6256||+5.63%|
|Copper Creek Villas||$7.9203||$8.0938||+2.19%|
|Old Key West||$9.3570||$9.8666||+6.25%|
|Vero Beach Subsidized||$10.1298||$10.8906||+7.51%|
Disney Vacation Club must have done a good job of budgeting for some of its recent refurbishment projects. Disney's BoardWalk Villas is in the early stages of an extensive renovation, and saw its reserves contribution rise by less then four cents per point to $1.3283. Boulder Ridge Villas was also renovated in 2023 and saw a modest reserves increase. Meanwhile Bay Lake Tower at Disney's Contemporary Resort is set to be refurbished in 2024 and the reserves component of the dues is rising modestly from $1.2728 per point to $1.3183.
BoardWalk and Bay Lake Tower also benefitted from decreases to their projected housekeeping budget for 2024. This reduction may be attributable to the large number of rooms which will be removed from service throughout the year as they are renovated.
Recent buyers of The Villas at Disneyland Hotel may be disappointed to learn less than 2 months after opening that their dues will rise by more than 5% for the new year. Across the road at Disney's Grand Californian Hotel the Transient Accommodations Tax is still bundled with member dues, however the rate rose by more than 13.5% year-over-year with 2024 set at $.5816 per point.
Most other resorts at Walt Disney World experienced moderate increases in labor-intensive operational expenses like front desk, housekeeping and maintenance. These increases are likely attributable to the historic union agreement signed in March 2023 which will gradually increase minimum wages to more than $20 per hour by the year 2026.
Insurance premiums rose sharply for 2024 at both Disney's Hilton Head Island Resort and Disney's Vero Beach Resort, with members paying rates that are 27% and 36% higher (respectively) in the new year.
Full budget statements can be accessed by clicking on resort names in the chart above. While these budgets are still preliminary, they are expected to be formally approved by the DVC Board of Directors during the Condo Association Meeting on December 7, 2023.