I just got the ok to be able to go to Princess again next February I'd like to book now to make sure I have a room but I just want to make sure I understand the cancellation policy correctly just in case (registration does sell out quickly for Princess )
Here is what the DVC site says about modifying/cancelling 31 days or more, which I would be doing
if the new reservation uses fewer Vacation Points than the original reservation, the remaining Vacation Points will be returned to your account in the Use Year in which the reservation falls.
All Vacation Points used to make the reservation will be returned to your account in the Use Year in which the reservation falls.
Our use year is February. My reservation for Princess would be for February 2017. Am I correct in understanding that if I did modify/ cancel, the points would return to my 2017 use year?