So, here's food for thought, I do gift a lot of my points to friends and family sometimes I am there sometimes I just book the room for them to go.
I will always be more likely to book separate studios then larger accommodations depending on who it is I've invited. It's always easier to cancel studios for others leaving my plans intact at the 1 bedroom or another studio for myself. Sometimes that is not always the most cost effective way to use my points but it has worked out in the past to be able to cancel a studio for friends that canceled short notice.
I usually always text them about 60 days out and confirm they are still going reminding them that the lodging accommodations may be "free" to them they are costing valuable points and asking them to confirm they are still going or back out now so I can cancel or gift the room to someone else giving them 60 day notice to make travel arrangements to get there if need be.
Does it always work out in my best interest, no. I try to not let that affect my decision to make it possible for friends and family to experience
DVC in the future more times it has been a positive experience then negative.
One trip in particular I had a two bedroom and a studio booked for everyone, I didn't need all that room, but I was thinking the family of 4 in the studio, I might take the kids a night or two give the parents some privacy and much needed break. They canceled after the 31 day mark.
I didn't cancel that studio either, on day one of my trip, I went to Magic Kingdom "All stars bus stop" and waited. Didn't take long for my daughter to point out a young couple in a "bride' and "groom" mickey and minnie t shirts. We approached them and congratulated them. Inquired on their departure date explained what had happened and moved them to upgraded studio at Boulder Ridge for the last 3 nights of their trip. They were reluctant at first and felt obligated to offer some money for the upgrade, I asked if it was their first trip to WDW, to which they replied yes. I said consider this the ultimate "pixie dust"
I think that was almost more fun then our own trip was that week.