By: Blake Morgan
In the shared-ownership world, a positive return on an investment made by a management group often leads to more return for an owner. Enter the option of an Owner Rental Program. A rental program provides an opportunity for management to get “heads in the beds” and a way for owners to collect income on their ownership where inventory would normally burn or go unused. The administration of revenue split between management and owner is generally laborious and difficult, which leads many resort managers to shy away from offering a rental program.