Disney Vacation Club (DVC) includes more than 40,000 member families
from over 60 different countries.
Unlike traditional timeshare offerings, Disney Vacation Club members
are not locked into a single week or fixed time period for their vacation.
The club provides unprecedented flexibility and exclusive privileges
and services to its members, including the opportunity to annually customize
their vacation plans by selecting the time of the year, length of stay,
size of accommodation and location of their choice.
Deeded in real estate, members access their DVC ownership through a
vacation point system. Members receive an annual allotment of vacation
points that can be used in a variety of ways for different types of
accommodations at a wide variety of resorts and for other vacation experiences,
subject to availability. They can bank or borrow vacation points, use
their vacation points in combination with renting accommodations on
a cash basis, or can purchase an additional real estate interest at
any time.
(FACT: the average member visits Walt Disney World twice a year.)
Disney Vacation Club's flagship resort, Disney's Old Key West Resort
at Walt Disney World, recently welcomed its 25,000th member family marking
the end of active sales for this premiere property, which was the first
DVC ownership resort to launch in December 1991. A final phase of development
will bring 34 additional units to the resort by early 2000.
Disney Vacation Club offers three "home" resorts at which members may
purchase their deeded real estate interest: Disney's BoardWalk Villas
at the Walt Disney World Resort, Florida; Disney's Vero Beach Resort,
Vero Beach, Florida; and Disney's Hilton Head Island Resort, Hilton
Head Island, South Carolina. The Company also recently announced a fifth
ownership resort to debut in January 2001 next to the popular Disney's
Wilderness Lodge at Walt Disney World Resort.
New members can join Disney Vacation Club for a one-time purchase price
that starts under $10,000 (certain use restrictions apply).
(FACT: DVC's "Magical Beginnings" program allows Walt Disney World
Resort, Disney's Vero Beach Resort and Disney's Hilton Head Island Resort
guests to use up to $2,000 of their current Disney resort stay towards
the purchase of their membership so guests can start enjoying the benefits
of being a member right away.)
Disney Vacation Club members can also elect to use their vacation points
for stays at select Walt Disney World Resort properties, the Disneyland
Hotel and Disneyland Pacific Hotel in Anaheim, and Disneyland Paris
hotels.
(FACT: The most popular member exchange request is the World of Resorts
program for Walt Disney World hotel stays at such properties as Disney's
Grand Floridian Resort and Disney's Wilderness Lodge.)
Members have a world of vacation choices, literally, through the Member
Getaways program. From African safaris to white water rafting in Oregon
to biking in Tuscany, Italy, and skiing the French Alps, the possibilities
of Disney Vacation Club membership are endless.
For seafarers, Disney Vacation Club members can choose to use their
vacation points for exciting cruises aboard several different lines,
including Disney Cruise Line.
Disney Vacation Club can assist qualified members with flexible financing
towards the purchase of their ownership interest.
Disney's Vero Beach Resort near Vero Beach, Florida, opened on October
1, 1995.
(FACT: the resort was awarded the prestigious 4 Diamond Award from
the American Automobile Association (AAA) during its first year of operation
and continues to carry the designation to this day.)
Members are kept informed about the club family through its Vacation
Magic newsletter that offers helpful program information, member stories,
DVC resort vacation tips, exclusive member merchandise and special previews
of upcoming Disney events.
DVC members are offered a variety of special Disney discount offers.
(FACT: DVC members receive a 10% discount at The Disney Store locations
nationwide.)
Disney Vacation Club features a trained staff of vacation planning
professionals, Vacation Advisors who help members plan every aspect
of their vacations and answer their questions about the program.
(FACT: In 1998, DVC Member Services representatives processed more
than 275,000 member phone calls and over 18,000 member faxes and Internet
eMail queries.)
Disney's Hilton Head Island Resort on Hilton Head Island, South Carolina,
opened March 1, 1996.
(FACT: it is the first Disney hotel to open outside the Company's
theme park properties in Florida and California.)
Disney Vacation Club's second resort to open at Walt Disney World is
Disney's BoardWalk Villas, a mixed-use property located within the festive
45-acre Disney's BoardWalk waterfront resort and entertainment district.
(FACT: in a year's time, each of the rolling chairs which transport
guests daily along the lakefront Disney's BoardWalk will have logged
more miles than the distance between Coney Island, NY, and Atlantic
City, NJ.)