An arrangement where the revenue generated from a short-term rental is divided fairly between the property owner and the property manager or co-host.
Glossary Term: Commission
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A percentage of the booking revenue charged by property management companies or platforms like Airbnb and VRBO for their services.
The different tiers or levels of commission fees that a property management company might charge based on factors like booking volume or property type.
A marketing model where hosts partner with other businesses to promote their listings on external platforms, earning a commission for each booking generated through the referral.