In a pool your income depends on how the whole scheme performs, not on how often your own unit is booked. Each owner's share is usually weighted by unit size or type. That smooths out luck in bookings, but it also means a well-placed unit subsidises weaker ones.

The agreement decides the economics. Read it for:

  • the split between owners and operator, and whether it applies to gross room revenue or to revenue after operating costs, marketing fees and a furniture reserve
  • how many nights a year you may use the unit, and any blackout dates in high season
  • the term, renewal and what it costs to leave
  • whether joining is compulsory for all owners
  • your right to see audited accounts for the pool

Nightly letting is lawful only where the property holds a hotel licence, so ask to see it. Projected returns from a developer are estimates, not commitments, unless a separate written rental guarantee says otherwise.

See hotel-managed and rental pool schemes and short-term rental rules.