I booked a member rate last May. We stayed Friday & Saturday on the member rate and then Sun-Thurs on points. They were able to link it together and guaranteed we would not have to move. When we checked in on Friday, we got keys and a parking pass for the entire week. Housekeeping was based on a Friday arrival, which meant T & T on Monday. It was treated like one reservation on points. You do not have to pay a deposit in advance, although they do require a credit card guarantee. If you cancel 5 days or less before, they will charge one night.
On the other hand, if you book a discount through CRO (such as an AP rate), they do not guarantee you will not have to move and you do have to check out and check back in to get new keys. You do have to pay 1 night in advance. You get full housekeeping for those nights. Usually an AP rate is less than the member rate. I just booked an AP rate for a Friday night which is our last night, it was $270 plus tax (OKW 1 bedroom, May 7). Member rate is $288 plus tax.