According to the OC Register’s Around Disney blog:
As hundreds of workers hang drywall, weld girders, pour concrete and install plumbing in the new wing of Disney’s Grand Californian, the sales staff are kicking off selling space in 50 time shares.
The villas at the Grand, to be completed in the fall, will be the 10th location in Disney’s growing “Vacation Club” business.
Mike Brunson, the sales director for Disney Vacation Club on the West Coast, said he expects the timeshares to sell out fast, despite the spiraling economy.
“We’re actually finding we’re doing very, very well,” he said. “In economic times like these, people still vacation. We’re actually growing year over year.”
The vacation club is based on a points system, Brunson said. Consumers tend buy between 160 and 300 points at $112 a point – so a typical timeshare with the club costs an average of $18,000 to $30,000. The 200 to 300 points refresh every year.
Annual fees, in addition to the cost of the time share, run about $500 or $600, according to the Disney Vacation Club member Website.
Members use the points like Monopoly money to purchase nights in suites at any of the Disney resorts. For example, a studio – basically a hotel room with a kitchenette – sleeps up to four and costs as much as 227 points per week during the busiest season in spring and during the holidays. In the slowest seasons, a week in a studio is 129 points.
There are also one-bedroom, two-bedroom, and three-bedroom Grand Villa suites that get pricier – 160 points a night in the busiest season.
There are two “Grand Villa” suites under construction at Disneyland, with balconies overlooking Paradise Pier and what will be the “World of Color” light, water and pyrotechnic show each night.
The Worldmark Anaheim timeshare resort opened in the nearby Anaheim Gardenwalk about six months ago, and officials from Wyndham, the company that operates the huge unit, said all the space was sold out by the time the resort opened.
Worldmark spokeswoman Liz Hutchison said that timeshare resort has been at almost full occupancy since it opened.
“Consumer demand remains strong,” Hutchison said.
For more information about the Disney Vacation Club, visit www.disneyvacationclub.com.
More pictures are available at the link to the OC Register.
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