Disney Vacation Club

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File:Disney Vacation Club Logo.gif
Disney Vacation Club Logo

Disney Vacation Club (DVC) is a vacation timeshare program owned and operated by Disney Vacation Development, Inc., a subsidiary of Walt Disney Parks and Resorts, a unit of The Walt Disney Company. It allows buying real estate interest in a DVC resort. Disney Vacation Club's Senior Vice President is Ken Potrock.

To be a DVC member, one must purchase a one-time real estate interest in one of the Disney Vacation Club Resorts, and thereafter pay annual dues. All ownerships are sold as either a ground lease or a term-for-years.

History

The first Disney Vacation Club Resorts, Vacation Club Resort, opened on October 1, 1991 at Walt Disney World. These vacation club hotels are operated by Disney Vacation Developments, Inc. as vacation timeshares.[1]

Disney Vacation Development Inc. announced on March 30, 1993 plans for a 440-unit time-share resort in Florida south-east 95 miles from Walt Disney World,[2] with ground breaking on July 28, 1994. This resort hotel opened as the Vacation Club Resort on October 1, 1995 in Vero Beach, Florida.[3] Thus the Vacation Club Resort at Disney World was renamed Disney’s Old Key West Resort in January 1996.[1] On March 1, 1996, Disney's Hilton Head Island Resort opened on Hilton Head Island, South Carolina.[4]

In early 2011, it was reported that Disney had purchased land near National Harbor, Maryland (20 minutes from Washington, DC) and thus could possibly build a resort similar to the three currently located outside of a Disney theme park property. However, in late November 2011, Disney announced that it had canceled plans to build a 500-room resort hotel at National Harbor.[5]

Disney Vacation Club announced on September 17, 2013 that its planned next location will be Disney's Polynesian Villas & Bungalows. The addition (and conversion) to the Polynesian Village resort officially opened on April 1, 2015 however not all buildings and amenities were completed at that time. [6]

Locations

Walt Disney World Resort (Lake Buena Vista, FL)

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Non-Park Locations

References

  1. 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
    • The Disney Magazine, Spring 1996, Volume 31, Number 2. Page 18.
    • Disney A to Z - The Updated Official Encyclopedia, by Dave Smith, 1998. Page 584.
  2. Lua error in package.lua at line 80: module 'strict' not found.The New York Times, March 31, 1993. Page D4.
  3. Vacation Club Resort, Vero Beach, Florida. Page 584. Disney A to Z - The Updated Official Encyclopedia, by Dave Smith, 1998. Via Chronology of Walt Disney Company (End of 1994).
  4. Vacation Club Resort, Hilton Head Island, South Carolina. Page 584. Disney A to Z - The Updated Official Encyclopedia, by Dave Smith, 1998. Via Chronology of Walt Disney Company (1996 January-June).
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External links