THE ATELIER ADVANTAGE
More of the upside. More of the freedom.
Atelier Residences Miami combines the flexibility of a luxury residence with professionally managed short-term stays - without the traditional hotel-operator split.
Approximately
90%
of Average Daily Rate retained by the owner
Atelier's current rental model is designed without a hotel operator taking a share of rental revenue. Participating owners retain approximately 90% of ADR before applicable booking-platform fees, taxes, association expenses, and other costs described in the final program documents.
Three Advantages
01
ECONOMICS
Owner-first economics
No hotel franchise fee. No licensing fee. No operator revenue split. The result is a simpler structure designed to keep more value with the residence owner.
02
SUPPORT
Professional day-to-day support
FirstService Residential is expected to support listing preparation, booking communication, guest check-in and check-out, turnover coordination, issue reporting, and owner disbursement processes.
03
FLEXIBILITY
Flexibility by design
Participating owners are expected to choose when their residence is available for personal use or short-term stays. Exact availability, pricing, stay, and participation terms must follow the final rental program and governing documents.
HOW THE RENTAL EXPERIENCE WORKS
Hospitality for the guest. Simplicity for the owner.
01
Choose to participate
Enroll the residence in the rental program according to the final participation terms.
02
Prepare the listing
Property details, photography, features, and amenities are organized for distribution.
03
Manage inquiries and bookings
Guest questions, arrival requests, and booking communication are handled through the management process.
04
Welcome the guest
Check-in, identification, incidentals, and on-property service follow a hospitality-led experience.
05
Coordinate turnover
Check-out, condition reporting, housekeeping coordination, and the next arrival are managed.
06
Receive reporting and funds
Activity and eligible funds are documented and distributed according to the rental program.
TRADITIONAL CONDO-HOTEL VS ATELIER
A Different Model
Traditional Condo-Hotel Model
Revenue
Revenue
REVENUE IS SPLIT
Revenue is split with condo-hotel operator = less revenue to owner. Approximately 50%-60% of rental revenue goes to hotel operator.
REVENUE IS SPLIT
Revenue is split with condo-hotel operator = less revenue to owner. Approximately 50%-60% of rental revenue goes to hotel operator.
LAYERED FEES
Owners pay rental management fee + franchise & licensing fee + service fee + HOA fee.
Fee Structure
LAYERED FEES
Owners pay rental management fee + franchise & licensing fee + service fee + HOA fee.
Fee Structure
Management Options
CONFLICT OF INTEREST
The condo-hotel operator is incentivized to fill hotel keys before condo hotel rooms.
Management Options
The Atelier Model
Revenue
NO SPLITS, REVENUE GOES TO OWNER
No splits, no hotel operator = more revenue to owner. Approximately 90% of rental revenue goes to the condo owner.
CONFLICT OF INTEREST
The condo-hotel operator is incentivized to fill hotel keys before condo hotel rooms.
NO SPLITS, REVENUE GOES TO OWNER
No splits, no hotel operator = more revenue to owner. Approximately 90% of rental revenue goes to the condo owner.
ONE FEE
Owner pays only one HOA Fee and it include room cleaning and rental management services provided by FirstService Residential.
Fee Structure
ONE FEE
Owner pays only one HOA Fee and it include room cleaning and rental management services provided by FirstService Residential.
OWNER FRIENDLY & CONFLICT FREE
Owners may opt into Atelier’s centralized rental program, with listings & guest experience managed by FirstService Residential.
Management Options
OWNER FRIENDLY & CONFLICT FREE
Owners may opt into Atelier’s centralized rental program, with listings & guest experience managed by FirstService Residential.
Traditional condo-hotel economics and fees vary by project, brand, operator and governing agreement. The figures shown are illustrative and are not representative of every project. The approximate owner share applies only to units enrolled in Atelier’s centralized rental program and is governed by the final Rental Program Agreement. Applicable third-party booking, distribution and payment-processing fees, taxes, refunds, chargebacks and owner expenses may reduce net proceeds. No rental income, occupancy or return is guaranteed. Rental management and standard turnover cleaning are available only to centralized rental-program participants, subject to program scope and operating terms. Self-managed units and units outside the program are responsible for their own management, cleaning and related expenses.
Frequently Asked Questions
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ADR means Average Daily Rate - the room rate associated with a booked stay. Atelier's current structure is designed for participating owners to retain approximately 90% of ADR before applicable booking-platform fees, taxes, association costs, utilities, insurance, and other owner expenses described in the final documents.
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FirstService Residential is identified as the professional management partner for the day-to-day rental and guest experience, including booking support, check-in, check-out, and turnover coordination, according to the final program scope.
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Project materials describe participation as optional. The final website statement should be published only after counsel confirms the participation rules and any owner obligations.
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The current positioning is that owners control residence availability. The final wording must match the rental program and governing documents, including any operational notice requirements.
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The strategy materials state that Atelier does not impose operator blackout dates or minimum-stay requirements. Publish this answer only after the final documents expressly confirm it.
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Owner control of nightly pricing is a key proposed differentiator but requires written confirmation. Until confirmed, use: "The management team supports pricing designed to respond to demand, with owner controls governed by the final rental program."