Crunching the numbers

[orlandoamber]

Originally Posted by YorkshireT

Guessing prices on hotels is very difficult- and very economy dependent. However, we have seen over blocks of 10-20 years some very large increases in cash prices, far outstripping inflation.
For example, Polynesian in 2003, the US rack rate was $299 at a popular time. By 2013 it should have been, if inflation was just taken into account, $371, but it was actually $562.
I find some resorts and especially bigger rooms ridiculously priced. For example, try pricing up a BLT 1 bed over Xmas- over £1000 a night often. I was actually at the BLT desk on 26 December last year and a guy came in wanting a cash studio. They quoted him $700 a night I think it was- plus tax, plus parking- and he paid it. I was staying in a 1 bed nearly 3 x the size and maybe paying $200 a night in dues cost.
So if you would continue to pay cash, it can be a good deal.
Also something to remember- whilst nothing is guaranteed, there is no person yet who has bought resale and not got a very good chunk of their money back, or indeed made a profit when they have had enough and come to sell. Of course, that will change as we get nearer to end dates.

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Oh wow, they are crazy prices! I can’t believe he paid it, it must have been a good Christmas

It’s definitely resale I’m considering - I couldn’t justify the direct prices!

[JasonErpelding]

Originally Posted by orlandoamber

Oh wow, they are crazy prices! I can’t believe he paid it, it must have been a good Christmas

It’s definitely resale I’m considering - I couldn’t justify the direct prices!

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If you decide to go some points on resale, hopefully, you can find the right listing.

Jason Erpelding
Lic. Real Estate Broker
Buy and Sell DVC, Inc.®

[orlandoamber]

Originally Posted by JasonErpelding

If you decide to go some points on resale, hopefully, you can find the right listing.

Jason Erpelding
Lic. Real Estate Broker
Buy and Sell DVC, Inc.®

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