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This will help Starwood by allowing it to sell nearly worthless silver season weeks for a substantial price; it is a stealth revenue enhancer.
This could separately benefit the HOA by insuring that those mud season weeks generate MF revenue.
I wonder whether the "tied-in" purchase of the mud season week is on the same deed as the ski week and whether the silver week can later be sold separately. If the CC&R's or other governing documents permit the silver week to later be sold separately, then some of those silver weeks will end up in the hands of non-paying owners and the HOA will not get the anticipated benefit. It will also create two tiers of ski weeks -- those that must pay double MF's and those that do not. Double MF's = $4,000+ per year, an expensive ski vacation (especially for weeks 48-50). This creates an incentive to dump the silver week at any price and to sell the ski week separately; the project documentation should cover this, but who knows.
I note that there are other ski area TS's with multiple week arrangements. This may make economic sense (a ski week has a higher use value than a summer week, so it should bear more of the MF's), but it requires more analysis of the plan documentation and in determining the correct price to pay.
I am sure the weeks are deeded separately, as the rep was checking to see if a platinum (summer) week could be substituted for the fall silver (spring/fall) week. The price difference is $6K more for the platinum week, but it offers more than double the Star Options.