You are probably right, but .... we received an email from Disney in late February specifically addressed to us by name offering a special rate thru the end of May as a previous guest of the Grand Floridian. While it wasn't labeled as a traditional "bounce back" offer in the email, they simply called it a special rate for "returning guests of the Grand." I've received pin codes before, but never anything like this. It turned out to be even less cost than we paid a year ago for the same type of room before the pandemic when we got an AP discount at the time. No telling what Disney will do these days, but they do seem to be promoting the heck out of the place right now as pent up demand is going in their favor.