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I only know the Gran Porto Real to overbooks from time to time, haven't heard much talk of this happening at the Royal, they seem to manage their reservations better. I send a lot of people to this hotel and none have been bumped or asked if they want to go to the Royal in Cancun. But....an RCI member (or a Hotels.com/Orbitz/internet booker) would likely be one of the first asked to move, or forced to take an involuntary bump IF the hotel did indeed overbook - and they may contact you prior to your arrival if this does happen. But being sold out and oversold are two different things, and you won't know if the hotel is oversold until you get there or if they call you a day or so ahead of time.
I did check with a few suppliers for availability and the hotel is VERY full for the entire month if Oct. Not sure what's going on there but I did not see any rooms left for your dates. For both jr. suites and jr. suite ocean view's - there are a few rooms available from 10/14-10/18, and then starting back up again on 10/28.
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