In sublease listings, the company pays a monthly amount to the owners, regardless of whether there are reservations or not. It's a partnership model used by companies with great need to expand the portfolio or for listings with great strategic amount for the brand.

What you will find in this article

How to indicate that a listing is subleased

Access the listing page, click on [Finance > Contract Settings] and indicate on the [Sublease] field. 

Sublease listings and the commercial routine

On the reservations' routine screen, you can filter available subleased listings for the period in negotiation. To do that, access [Offers & Promotions > Reservation offers] and apply the [Owners partnership regime] filter. You can find the filter on [More Filters], into de search bar.

In addition to this filter, you'll be able to place these listings as top priority for searches on the website. That makes them appear as first options in guest searches if they're available for the period. Learn more.

Sublease listings and the financial routine

As it's a fixed amount paid monthly to the owners of the listings, there's no need to perform reservations forwarding routine in these listings. You can follow the steps below to manage the payments of these listings: 

Step 1. Set the model of business of the listing

As there is no forward, the ideal is for you to indicate that your company is the owner of the listing, in order to avoid conflict with the automated forward routine and other fields about this area. Learn more.

Step 2. Register the owners as providers

It's important to link this information to the recurring account, filter the transactions and get information more easily for future inquiries. Learn more.

Step 3. Create recurring transactions for listing rental

The amount paid to the owners must be a recurring item in your Finance Payable Accounts routine. It's a transaction of your company and don't forget to link it to the listing and your "owner provider" registered in step 1. Learn more.