Im not sure on any of that, I just work the rooms side of those types if properties.
I do know that if you want out you typically list it for sale like it was any other second home used for vacations.

Its like owning a condo, except that you can allow the hotel/resort to rent your room when you are not there for a portion of the income. You also cant really change anything about the room-or at least easily like an apartment rental. Oddly, its pretty popular in resorts areas like in Ski Towns.