I hope it counts, it's a ~$300/night rate before the resort fee. And I "not allowed" to book separately and since we're the company putting on the convention, they won't honor expenses for hotels outside the convention tool. Frankly it's not worth the risk to book outside the tool and potentially have to pay out of pocket or lose the job over 20k points and 7 nights.
I'll report back and let you guys know how it goes.