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  "notes": "The chart demonstrates operational efficiency improvements over time across the top 25 markets.",
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      "text": "2020 median: 41%\n2018 median: 28%",
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      "text": "Best 25 markets¹\nSorted on high to low contribution as % of net rent and fees²",
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      "text": "1 Best 25 markets based on unit count as of December 31,2020, excludes markets with no Vacasa presence in 2018 or significant Wyndham integration impact in 2020; chart sorted on high to low contribution as % of net rent and fees\n2 Market-level contribution as a percentage of Net Rent and Fees only includes revenue and costs that can be directly tied to individual units within each market; Includes home care expenses, merchant service fees, direct and allocated local operations and central customer service support costs and listing fees and excludes non-vacation rental service revenue streams and associated costs",
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