Comment by bloat

3 years ago

"Rental revenue is shared with the management company, and owners typically pay no upfront fees for management, which includes the marketing and reservation of the units.[citation needed] Typical monthly fees for units in the rental pool include FF&E (Furniture, Fixtures and Equipment) reserve and resort fee(s). Although the revenue splits between owner and management company do vary from project to project, most hover around 50 percent."

https://en.wikipedia.org/wiki/Condo_hotel