General DVC News

Solid 3Q Reported by Disney; No Comment on Contemporary

On Wednesday Disney reported strong performance in the third quarter of its 2008 fiscal year which ended on June 28th.  Additionally, Disney CEO Bob Iger was asked to comment on the mystery building adjacent to Disney's Contemporary Resort.

Overall Disney reported revenue of $9.24 billion up from $9.05 billion a year ago.  Profit was $1.28 billion up from $1.18B in the third quarter of 2007. 

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Will the Economy Impact DVC Values? columnist Jennifer VonHoffman has written an article which examines the topic of whether economic woes could contribute to declining values of Disney Vacation Club contracts. Amidst talk of a faltering economy, the subject is a popular one:  Could the volume of resale contracts hitting the resale market force DVC to lower its Right of First Refusal threshhold?  And if so, to what extent? 

Check out Jennifer's take on the situation and let us know what you think.