In a nutshell, yes. If you have chosen to opt into the rental management program you will book use of your Condo or Townhome through Watermark Hospitality Management Inc. If you make a booking on short notice then a similar Condo or Townhome may be ready for you, subject to availability. If you opt to book all of your weeks in advance for the year, your Condo or Townhome will be ready for your use at any time.