This article explains how and when you receive your payout for bookings and how the rental statement is structured.

When is the payout made?

The payout is made in the first week of the month. The payout concerns all stays that ended in the previous month.

Example
All stays with departure in April are processed in the statement of May. The payout is made in the first week of May.

What is the rental statement?

The rental statement is an overview of the income and any deductions per reservation. It shows:

• the rental amount received per booking
• any surcharges and additional costs
• cleaning fees and linen fees (if applicable)
• Sun & Sea Holidays subscription costs
• any deductions or other adjustments
• the final amount to be paid out to you

Processing of income and costs

The rental statement includes all income and any costs related to the bookings. This may include:

• cleaning fees and linen fees (if applicable)
• Sun & Sea Holidays commission (if applicable)
• OTA costs if settled through the rental statement
• tourist tax (if applicable)

The remaining balance is paid out to you.

Payout

The amount payable to you is transferred in the first week of the month to the bank account registered with us. Please ensure your bank details are correct to avoid delays.