Disney Vacation Club has shared an update with members about how the resort closures affect their points and member dues.
What’s Happening:
- Terri Schultz, the Senior Vice President of Disney Vacation Club, has shared an important update with members about how the resort closures affect their points and member dues.
- Member annual dues will continue in 2020, but a credit may be available mid-December towards 2021 dues if their home resorts ended up with lower than expected operating costs due to the closures.
- The following automatic extension apply to Members who had trips booked from March 12th until the resort’s reopen that were cancelled after February 29th:
- 2018 points that were banked to 2019 that expire between April and June 2020 will be extended for 6-months from their current expiration date.
- 2019 points that were set to expire between April and June 2020 will be extended for 1-year from their original expiration date.
- Disney has not yet set an opening date and members with travel plans affected should continue to look out for an announcement regarding when Disney plans to reopen.
- These extensions only apply to points that were applied to a canceled reservation. Points that would’ve expired without being applied to a resort reservation will not be extended.
- To ensure adequate room availability when operation resumes, Disney Vacation Club has also temporarily reduced the amount of 2021 points that can be borrowed into 2020 to 50% per contract.
- The exception to this rule is points that were already borrowed for a stay outside of the closure period, which will still be honored.
- More information can be found on the official Disney Vacation Club website.