New Disney Timeshares are first California Timeshares for the Mouse
Wednesday, September 30, 2009
Last week Disney opened the Grand Californian Hotel in Anaheim, complete with 203 rooms and 50 Disney timeshare villas, including two grand villas that are over 2400 square feet each and sleep twelve.
Hotel consultant Alan Reay says he expects the new Disney timeshares to perform well, even though timeshares are struggling elsewhere.
“This is sort of a unique situation. … The park is a highly desirable location for families,” said Reay, president of Atlas Hospitality Group in Irvine. “I think they will do well in the U.S. market.”
Disney Timeshare President Calls Business “Resilient”
Disney Vacation Club has around 440,000 members, which is roughly twice as many as it had four years ago. In an interview with the OC Register, Jim Lewis, president of Disney Vacation Club timeshare, explains that guests continue to enjoy timeshare vacations even during bad economic times because they are paying (or have already paid) for their vacation ownership.
Perhaps adding to the incentive to take a timeshare vacation is the fact that restaurants and other attractions are offering discounts to draw more business during these tight economic times. Many timeshare vacationers appear to be taking advantage of the deals.
“Even in a difficult economy, the business has proven itself to be resilient,” Lewis says.
Yes, there are marked declines in timeshare sales, but for targeted products such as Disney timeshares and other popular travel destinations, timeshare sales and timeshare resales remain strong.