It depends on what you define as "an area." It takes almost an hour to get to a restaurant in Carmel. So your dinner options are really Post Ranch Inn and Nepenthe. (i'm going in august for first time after mostly staying in Carmel or Carmel Valley, so someone please correct me if there are other dinner options!)

As long as Post Ranch Inn dining is limited to hotel guests for COVID, you're really just foregoing eating at Nepenthe. For a weekend trip, i'd be OK doing room service one night and dinner at Sur House one night. I'd be annoyed with the fact that I have free breakfast anyways with globalist, but doubt they are optimizing for globalists. And all inclusive lunch is really annoying, although i'd probably eat at the pool one day anyway. So for the weekend trip this is not a huge issue. I think it will not go over well for those looking for longer stays and may lead to poor occupancy during the week as 4 or 5 night all inclusive would be too much.

Very curious to hear the resolution on already booked points stays! I doubt they will be all inclusive and can't see them cancelling the reservations. It seems a bit odd that they are switching operationally at the same time that they are switching bookings. Would have made more sense to say "all inclusive for stays after October 1" that would have limited overlap of all inclusive and regular bookings, athough i guess this property is always booked out months in advance so no good time unless they were going to wait a year.