People & Entities
Co-Host
A local partner who runs day-to-day operations for a share of revenue.
Why you care
It is the middle option most owners should start with: local hands and local knowledge without handing over the whole asset or the guest relationship.
Worked example
Typically 10–20% of gross, scope varies wildly. Get in writing who handles after-hours, who pays for what, and who holds the vendor relationships.
Taught in You, the Owner