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Value of CMV (or the other resort) after flood?

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  • Value of CMV (or the other resort) after flood?

    I have been planning on reserving a week at CMV next year for rental. As you have heard, a flood has destroyed Lake Delton, and with it, much of the tourist attractions. The lake was built in the 1920s and will be rebuilt, but for now, it is gone.

    How much interest will I find in the rental?

    The boat tours currently have stopped in part of the river. If they do construction, it may remain that way for some time to come.

    Tommy Bartlett water show is now a stage show.

    There is still a lot to do in the Dells area.

    What does the crystal ball say for next year summer?
    Don

  • #2
    Don since your post is in regard to CMV I am moving your post to the CMV forum.
    Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms

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    • #3
      I have to imagine demand will go down a little, but unless the resort is on the lake, that's not really why people are going---and CMV isn't. The Ducks will continue in some form, just adjusting routes. While Tommy B. is a a big deal, I'm not sure that's why people go up there either.

      I'm guessing that most go either for the waterparks (which are unaffected) or the geology of the area. The absence of the lake really doesn't impact our upcoming trip to Tamarack in any significant way.

      There are other forces at work too. If oil stays high, that might encourage folks to consider vacationing closer to home. As the Dells is largely a regional attraction, most of its visitors are coming from nearby, and that demand will likely go up with high fuel costs.

      Worth considering what other options you might choose to book for rental---if other resort areas are available to you. If not, I think a summer week in the Dells should still do well.

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      • #4
        Originally posted by bigfrank
        Don since your post is in regard to CMV I am moving your post to the CMV forum.
        I figured it was not only CMV, but also Bluegreen Odyssey Dells (which I couldn't remember the name of it when I posted) so I just put it under Bluegreen.
        Don

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        • #5
          Where do you take the boat tours of the Dells? That's not Lake Delton, is it?

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          • #6
            Originally posted by wackymother
            Where do you take the boat tours of the Dells? That's not Lake Delton, is it?
            The boat tours are the upper and lower sections of the Wisconsin River. I think that it is the upper tour which goes by the 'new' outlet of the lake. They have stopped that tour because of the debris on the river from the houses, etc. I think once they have some cleanup, it will likely be reopened. Of course, construction on the lake rebuild project may keep it closed.

            I love the Dells

            The upper/lower boat tours are wonderful. You see the amazing rock formations and of course hear the stories of the river. I like the shows I used to see with the Native American dancers, but not sure if they still are doing it. Of course, it was always something special to see Tommy Bartlett’s show. I have been making a slow progression of the mini golf courses. There are lots of them to try out.

            I never did the Robot World, or that building that is upside down. I can’t even remember what that was for. So many things to do, so little time to do it.

            I’ll be back Dells…I’ll be back.
            Don

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            • #7
              My DH went to the Dells with his parents on a cross-country road trip when he was about 10, and he remembered the dog jumping across the rocks. So we took the kids to see that a couple of years ago. We had a great time there, loved the boat trips and looking at the formations (and the jumping dog, of course). You know what was good touristy fun? That Wizard Quest place. It's like a treasure hunt! And we loved the deer farm, too.

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              • #8
                Current estimates for time to repair are in the Sep/Oct timeframe. Once they fix the breach, it will only take a few weeks for the lake to refill. Things should be back to normal by next summer.
                Trying to tax a nation into prosperity is like standing in a bucket and trying to lift yourself by the handles.
                - Winston Churchill

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                • #9
                  Holy cow that is quick.

                  I never have heard, what feeds that lake? Are they tapping the river to fill it?
                  Don

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                  • #10
                    The lake was formed more or less by damming a tributary of the Wisconsin. Mirror lake is upstream of Lake Delton, IIRC.

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                    • #11
                      IMHO in regard to the Value of CMV (or the other resort) after flood (and how it will effect demand this year.)

                      I agree long term it will very little effect and as bnoble stated and I quote "I'm guessing that most go either for the water parks (which are unaffected) or the geology of the area. The absence of the lake really doesn't impact our upcoming trip to Tamarack in any significant way." Unquote. I think the same holds true for CM


                      Based on our best year on rentals from last year at CMV I thought this would be a slightly down year but with the preflood warming of the weather the last two weeks or so at the present time we have very little summer inventory left.

                      We only have one out of about 12 Fourth of July weeks left and three 45dayers left. Two of those 45 dayers were just picked up on June 7 for July 19 check ins and the one June 20 check in picked up less than 38 days ago. This is what is left out of about 20 summer reservations we had..

                      If the Flood had happened a couple of weeks or a couple of months earlier then it might have hurt the summer rentals a bit. It may impact a few later summer rentals but I know for at least 3 months the CMV BG points units for summer were for all intents and purposes all reserved.

                      As a example we had 54,000 BG points reserved for this summer and they were all rented out as last week.


                      We get renters who are timeshare owners who (maybe cause of a lack of trade power) are unable to exchange into the Dells for summer. Some of that is due to a lack of inventory due to some of the exchanges companies rentals and rental pricing policies.

                      If the same thing would have happened 20 or 30 years ago when the Dells was not as diversified then it would have IMHO more impact.

                      Some are very surprised when they go to various dells websites like http//:Wisconsin Dells - Your Vacation Starts Here on how many things there are to do in the Dells.

                      Airfare rates seemingly are not affecting were people are flying in from. Some are coming from Florida and some from Mass. To go to the Dells.

                      I think the main draw is that the Travel Channel has named the Dells the water Park Capital of the world.

                      But every year brings a new set of circumstances each season that affects demand. Last years EARLY snow falls increased the snow season demand and the near record and record setting snow falls encouraged more snow vacations at CMV’s ski hills.

                      I wish I could be 100% correct in reserving weeks but there area few times it seems there is no rhyme or reason from one year to the next in regard to demand.

                      The best that anyone can due is guess based on past experiences in regards to reservation demand. I guess under NORMAL circumstances in regards to the Dells dates that will be in demand we are correct between 80% to 90% of the time.

                      Some people may IMHO on the average may cut back on a extra mini vacation each year or so but the Dells summertime vacation has a pretty strong family history. Also if you check the II demand index you would see that demand for a prime Wisconsin Summer week is very strong.

                      Seeing that most of the prior posters on this string are experienced timesharers they know that the demand for timeshare use anywhere is impacted substantially by exchange companies high priced prime time rentals which can greatly effect the availability in the exchange pools.

                      The other thing is the "postcard" companies on ebay are hurting the off season weeks but not the prime weeks.


                      I remember when the CMV indoor pool and work out room burnt down several years ago. Against all logic while the pool was not opertating RCI rasied the rating of the Timbers from a RID to a Gold Crown. Our rentals were not affected in regards to volume.

                      Then after the new pool and workout room was built they drpped the rating of the Timbers to a Silver Crown.

                      But I am not a expert but just another fellow timeshare owner making guesses based on experiance.

                      As I said above Quote" I wish I could be 100% correct in reserving weeks but there area few times it seems there is no rhyme or reason from one year to the next in regard to demand." Unquote

                      Bruce
                      The Rushes Door Co., wk 35. Desert Club Las Vegas RCI Pts. 1 UDI Cottage CMV UDI's & 7 Oak Timbers CMV UDI's with 30,000 Bluegreen Pts. 3 World Wide Vacation Club Lind Mar Puerto Vallarta. Fox Hills RCI Pts More of our Timeshare Ownerships.

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                      • #12
                        Airfare rates seemingly are not affecting were people are flying in from. Some are coming from Florida and some from Mass. To go to the Dells.
                        I'm guessing that many of those were booked before the recent run-up in fares/fees.

                        I checked Wyndham's site earlier today. There is only one week in either Tamarack or Wilderness between now and 8/31. So, there hasn't been a rash of cancellations in the past day or two. That may be because most of the non-locals have no idea.
                        __________________________________________________ __________________________
                        Sorry, I meant to quote the up above and hit the wrong button. I did not edit anything from above. Sorry for my mistake.


                        Bruce

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                        • #13
                          Originally posted by bnoble
                          I'm guessing that many of those were booked before the recent run-up in fares/fees.

                          I checked Wyndham's site earlier today. There is only one week in either Tamarack or Wilderness between now and 8/31. So, there hasn't been a rash of cancellations in the past day or two. That may be because most of the non-locals have no idea.
                          Those 4 reservations were made for 4th of July weeks in the past 2 weeks or less flying in from those 2 locations. We had more 2 inquiries just in the past twodays for this summer from people who live in Wisconsin.

                          I will have after June 21 six more CMV reservations we may be able to reserve. I will then have a better idea after then and will post a update after about June 30 depending on what transpires.

                          Bruce
                          The Rushes Door Co., wk 35. Desert Club Las Vegas RCI Pts. 1 UDI Cottage CMV UDI's & 7 Oak Timbers CMV UDI's with 30,000 Bluegreen Pts. 3 World Wide Vacation Club Lind Mar Puerto Vallarta. Fox Hills RCI Pts More of our Timeshare Ownerships.

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                          • #14
                            Perhaps someone else can confirm for sure, but I thought the Upper Dells Boat Tours were the ones still in operation; the Lower Dells are affected by the Lake Delton area and/or the houses in the river. Must be a site to see--although unfortunate.

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                            • #15
                              Susan, I just talked to the front desk at CMV. They said they thought you are correct. They said nothing was hurt at the resort but the cable reception system was seemingly affected as it not consistant.

                              Bruce

                              Originally posted by swirg53 View Post
                              Perhaps someone else can confirm for sure, but I thought the Upper Dells Boat Tours were the ones still in operation; the Lower Dells are affected by the Lake Delton area and/or the houses in the river. Must be a site to see--although unfortunate.
                              The Rushes Door Co., wk 35. Desert Club Las Vegas RCI Pts. 1 UDI Cottage CMV UDI's & 7 Oak Timbers CMV UDI's with 30,000 Bluegreen Pts. 3 World Wide Vacation Club Lind Mar Puerto Vallarta. Fox Hills RCI Pts More of our Timeshare Ownerships.

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