Possible Reason Why DVC President Was Fired

We learn a little bit more on the unexpected firing of the Disney Vacation Club President Jim Lewis. It appears to be the debacle with the calculation on the annual dues for the Aulani resort.

Those people said Disney concluded that Vacation Club executives had calculated dues amounts so low that they would not generate enough money to cover the cost of maintaining Aulani. The inadequate dues amounts were included in legal-disclosure documents submitted to the Hawaiian government.

Disney said Aulani's operating costs were underestimated, leading to the inadequate annual dues. It said the mistake was unintentional.

It appears that Jim Lewis wasn't the only one let go. Two other Disney executives involved also were fired.

For now, they have stopped all new sales to Aulani. It will be interesting to see how they plan to readjust the annual dues for this resort in their new filing with the Hawaiian government.

Zz.