DVC Exercises Right of First Refusal (ROFR)
Year-to-date (YTD), Disney has exercised their right of first refusal (ROFR) on 94 Disney Vacation Club (DVC) contracts, and DVC Resale Market (DVCRM) has sold 3,635, resulting in a 2.6% buyback rate (Contracts Bought Back in 2024/Contracts Sold in 2024). The 2024 waiver rate is 97.4%.
Key ROFR Updates
September 2024 marked a slowdown in DVC buybacks, with ROFR activity dropping to its lowest level in four months. Disney exercised its option on only ten contracts this month, focusing on two familiar names: Animal Kingdom and Old Key West. If you’ve been following along, you know I’ve already spoken extensively about these resorts in previous blogs, so the continued focus on replenishing points at these sold-out properties isn’t too surprising. But what does this slow-down mean as we head into the last quarter of the year? Let’s dive in.
Buybacks Focused on Animal
