Maybe NONE of us will get to own CRV. We'll only be competing with each other at the 7 month mark to get rooms there.
Maybe no one will get a shot at the 7 month window either.
I might be wrong on my understanding of this, and let me know if I am, but wouldn't the Use Year (month) come into play as well?
If Resorts owns ALL the points, they would own them across all of the UY months (I think January and what, November or something are never sold as UY months?)
But if Resorts owns ALL of the points, they could book every single room for every single day of the year during the 8-11 month window as each UY month's points become available.
Now, Resorts has, say, the entire month of June reserved at 11 months out with their June points - all rooms, all nights.
It's 7 months out and I want a ressie for sometime in June - no dice, all booked.
Now Resorts has no incentive to give up ressies 7 months out when they can still try to put a cash paying customer in the room - until 4 months out when they need to bank any unused points into next year or have them expire if they can't rent the room!
So my first chance to book a reservation may not come until 4 months before my planned trip.
Now, any points that Resorts banks into next year, just means more competition next year at other resorts. Why? Because they still have ALL the points for CRV, meaning they can book every single room for every night again, plus they have banked points they can use to get ressies at the other properties 7 months or less out!
It's actually a bit of a benefit for them since, if they didn't have any points, owned the property and ran it as a strictly cash hotel, they'd lose potential revenue for any room nights not sold. In this case, they get a second chance at revenue by banking points and going after a reservation in the next year at another resort.
And if what Chuck S suggested came to pass, with higher points requirements, their ability to chew up additional availability at the other resorts would only be enhanced.