Disney Vacation Club

It allows buying a real estate interest in a DVC resort via a flexible points-based membership system.

Three top executives were fired for selling 460 Ko Olina timeshare units for what were deemed unprofitable prices.

In late November 2011, however, Disney announced that it had canceled plans to build a 500-room resort hotel at National Harbor.

In April 2016, Disney Vacation Development also ended the extension of Membership Extras benefits to those who purchase DVC contracts through secondary markets.

[13] Disney was one of the last major timeshare companies to eliminate these benefits according to the American Resort Development Association.

[15] Starting in mid-2015, DVC began using a nonjudicial foreclosure process forcing auction bidders to be present instead of allowing online bid submissions with the Orange County Clerk of Court's office.

In May 2016, DVC announced that its new property at Disney's Wilderness Lodge would be called Copper Creek Villas & Cabins.

Saratoga Springs, Bay Lake Tower at the Contemporary and Animal Kingdom Villas were the company's timeshares near the top of the list.

[22] 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.