Sat 1/5/2008 10:59p
|So...the Year of a Kabajillion Dreams commercial aired on TV again tonight and my mom was asking me how much it cost (or would cost) to spend the night in the Cinderella-ella-ella-eh-eh-eh* Suite. I told her I didn't think that there was a price and that it was only for the lucky Guests. We then pondered that it probably cost about $5000-$10000, or even $25K. She also mentioned that she saw Samantha Brown touring the suite on Travel Channel and that Cindy's glass slipper was a size 8. |
If there is an actual price to stay in the room, how much is it?
*With apologies to Rihanna and Chris Brown.
Sat 1/5/2008 11:09p
|I can't answer your question sorry |
but I LOL'ed big time at the cinderella ella ella ella.
It reminded me of the "live feed" I was watching online yesterday that was set up outside the courthouse waiting for the custody case verdict for britney spears....there was a man standing there with an umbrella and someone else around him started singing that song with the whole world sitting at their computers watching and listening.
random I know...but that's why I LOL'ed so hard! lol!
Sun 1/6/2008 5:37a
|We stayed there a couple of weeks back. With everything included, I would say in the neighborhood of $5k - $10k. Definitely not higher than that, as it would put it out of reach of anyone but celebrities/rich people (and it's just not worth $25k unless you started adding in more - like rides all night, etc). Right now, Disney has put a value on the total prize price at just under $600.00. I think $587. Most of that is for the dinner/breakast. |
For what we received (6 adults), including the castle suite, dinner at Cinderellas, breakfast at the CP, fruit/drinks in the room, concierge, a VIP guide (normally $150 an hour during the Christmas time period), fruit in the room, great parade viewing, the white chocolate carriage, I'd see it reasonably set at $5000 - $7500, the $5k might be a litte low then.
I can't imagine spending $25k on it. But at the same time, I've heard that someone offered a LOT more than that, and was turned down.
Sun 1/6/2008 6:51a
Just, jealous! :p
Funny thing about this is that my family started claiming (more than one occasion, more than one group of family) that they WERE selling the place and the price was around 5 grand per night.
When I mentioned (both times) that I didn't think it was actually "for sale", but rather just given to contest winners...I was called an idiot.
Not the first time. *sigh*
Sun 1/6/2008 11:44a
|<<< When I mentioned (both times) that I didn't think it was actually "for sale", but rather just given to contest winners...I was called an idiot. >>>|
What do you know about Disney?
Sun 1/6/2008 12:08p
|Well, let's see what the official rules of version 2.0 of the "27 months of over 2.25 million prizes" says...|
>>Three hundred ten (310) ONE-NIGHT STAYS AT CINDERELLA CASTLE SUITE are available: Each prize consists of a ONE-NIGHT STAY ON THE NIGHT PRIZE IS AWARDED for winner and up to five (5) guests at the Cinderella Castle Suite in the Magic Kingdom ® Park. Prize includes: dinner at Cinderella's Royal Table, photos with Cinderella, VIP viewing for SpectroMagic and/or Wishes shows (subject to availability) and select snacks and non-alcoholic beverages in the room. Each winner may also be celebrated in the Magic Kingdom ® Park daytime parade (at Sponsor's sole discretion). ARV of each prize: US$587. <<
But then, Disney has kept the "prize value" under $600 for contest purposes, as the rules are stricker and more paperwork is needed if they award a prize over $600.
But how much is a suite at the Disneyland Hotel?
Or how about just a regular room at the Grand Californian? TripAdvisor has the current Average Price at $475.
But we know that if Disney gets to rent out the Suites after the YoaMD is over, it will be a LOT more than $587.
And Slightly O/T, why is the Disneyland Dream Suite worth $7 more than the Castle Suite?
Sun 1/6/2008 1:00p
|Also, winners of any prize are supposed to declare the value on their income tax returns and pay income tax on it. If the giver of the prize assigns a value to it, then the IRS will consider that the actual value unless it's clearly incorrect. So, would you rather Disney say that the prize of a night in the castle is worth $587, or have them say "We'd probably sell it for $5000/night" and then have to pay income tax on $5000 if you won it?|
And, this may be one reason that Disney would say they never plan to offer it for sale even after the contest is over: I would guess that the market would support a rate of at least $6-7k/night for such an exclusive experience. If they were able to start selling the room for that amount immediately after the 2YOAMD promotion is over, this could have a huge negative tax affect on all those that won it over the prior two years.
Sun 1/6/2008 4:10p
|>> So, would you rather Disney say that the prize of a night in the castle is worth $587, or have them say "We'd probably sell it for $5000/night" and then have to pay income tax on $5000 if you won it? <<|
Disney is paying all taxes on large prizes won. If you won the trip to Disneyland, or DVC - Disney picks that up.
Sun 1/6/2008 4:14p
|<<< Disney is paying all taxes on large prizes won. >>>|
If that's the case, then the low declared value of the prize is to keep Disney's tax costs down.
Sun 1/6/2008 4:28p
Just, jealous! :p <<
Thanks. It was really insane, absurd, etc. to get a call asking if I want to sleep in the castle. I would put it in my top 10 experiences of the last few years. Really nice!
And I believe the castle ONLY is valued at like $60 once the breakfast and dinner is taken out of the equation. I know it's not much. I don't think the tour guide is factored in (maybe at the paid rate, not the $150 per hour rate). For what we received, $5000.00 would be the minimum I'd expect.