2 Free Nights After 2 Stays:
But, with the current Megabonus promotion, you can earn ANOTHER free night as well. Essentially, you can double dip, and earn TWO free nights (Cat 1-5) after two paid stays.
They can stack, as they did for me. I was registered for the new member offer, and then completed 1 stay before the Megabonus promotion. My recent stay at the Lake Arrowhead Resort and Spa, Autograph Collection just posted, and so I earned my new member free night certificate as it was my 2nd stay for the new member offer. Plus it shows that I have 1 stay towards my Megabonus promotion!