Now that we’ve had a few days to begin to digest the 2021 Disney Vacation Club Annual Dues, I thought it was time to take a deep dive into some of the takeaways that we’ve learned.
First and foremost, to all you out there throwing your pitchforks in the air in a revolt of the increases announced, let’s get a few things straight…
The announcement of 2021 Dues and budget projections is not a reflection of what occurred in 2020 related to the closure and COVID-19. These are estimates that anticipate fully operational year and 2021. As I have stated previously, a failure to expect things to return to some normal level next year would result in owing more for 2021 next year.
During the condo association meeting on December 10th, we will hopefully learn more about how the pandemic and closure affected each resorts operating budget and whether we should expect to see a credit from 2020 applied to our 2021 Annual Dues. Don’t be surprised if they still avoid this discussion at the meeting, and we don’t learn this until the bills come out.
Overall, this year’s 2021 annual dues projections have a 5.02% average increase. While some resorts took more of the brunt than others, across the board, these estimates are what we have learned to expect from Disney Vacation Club over the years.
Two of the largest contributing factors that increased dues this year were taxes and employee wages. Wage increases have been steadily on the rise since Disney and unions agreed to pay employees at least $15 per hour by 2021.
Here are a few other fun and notable takeaways:
- Own at Animal Kingdom Villas? Those giraffes get hungry and need to eat! Animal Programs for 2021 are estimated to cost almost $3 million.
- We’ve talked a lot previously about how part of the cost of the Disney Skyliner was rolled into Disney’s Riviera Resort. While we initially assumed this would increase dues at the resort, it seems to be paying off in the opposite direction. Riviera Resort transportation costs are estimated at $3.2 million for 2021. In comparison, Old Key West, which only has the option of buses, is a staggering $9.3 million!
- The fees for Member Activities remained relatively stagnant this year, which suggests that DVC plans to continue to offer plenty for members to do at the resorts despite the impacts of COVID.
All in all, I’m pretty happy with what was announced. However, where I feel DVC failed is the opportunity to frame this with an announcement of a 2020 credit (if there is one). Dropping these estimates with zero explanation was a huge missed opportunity to explain things and address members’ questions and concerns.
Stay tuned for an upcoming episode of ‘The DVC Show‘ where the panel discusses their thoughts on 2021 dues!
We would also love to hear your opinion in the comments below! Will we see a credit towards 2021 from last year’s closures? Are these fair estimates for next year? Let us know!