Rental Revenue definition
Examples of Rental Revenue in a sentence
Owner understands and agrees that Owner will not receive any Rental Revenue for deposited Weeks, and that Manager is not obligated to make any payment for or incur any costs associated with Owner’s use of the OEC or the RCI Weeks Program.
Enter amount of quarterly Rental Revenue attributable to store locations open less than 25 months.
The Royalty shall also apply to all Transient Rental Revenue at any Vacation Ownership Properties that use the Licensed IP or Hilton Data.
Gross Rental Revenue is defined as the nightly rent collected from guests for reservation of the Unit, including pet fees and guest claims that the Property Manager successfully pursued.
If Owners are unable to honor existing Guest bookings, the Property Manager will charge an early termination fee of $5000 and 20% of Rental Revenue for every cancelled booking as the Property Manager would have to cancel bookings which will cause irreparable damage to our host profiles and negatively impact future bookings on other listings on our profile.