How Much Do Airbnb Take From Hosts ?

Are you considering becoming an Airbnb host but unsure about the costs and implications of the host fee? Look no further! In this article, we will dive deep into understanding Airbnb's host fee and all that it entails.

As one of the most popular platforms for short-term rentals, Airbnb charges hosts a fee for each booking made through their platform. By comprehending the intricacies of this fee structure, hosts can make informed decisions and maximise their profits.

Understanding Airbnb’s fees is quite simple, they charge per booking and you can choose two types of fees

Split fee: normally the host will pay 3% depending on where you are in the world, for example in the UK it is 3% but some places like Italy it could be more, the rest the guest pays and it is added as a service fee for when they book, in this way you get less charges but you also get ranked lower as this is considered less desirable for the guest.

Host Fee: Airbnb will charge you between 14%-16% of your gross bookings and all is charged to you, you will be ranked higher for this as it is more desirable for the guest.

VAT: Depending on where you host in the world, VAT will also be applicable on your bookings, i would speak to your accountant for best advise on this.

Whether you're a seasoned host or just starting out, understanding the ins and outs of Airbnb's host fee is vital for successfully managing your rental business. Join us as we unravel the mysteries of this fee and equip you with the knowledge you need to make the most of your hosting experience, or you can always appoint an Airbnb management company.

F&Q

  • There are several different cancellation policies that you can choose from as an Airbnb host. For short-term bookings, your options are:

    Flexible: Guests can cancel up to 1 day before check-in for a full refund.

    Moderate: Guests will receive a full refund if they cancel up to 5 days before arrival.

    Firm: Guests must cancel at least 30 days before check-in to receive a full refund. If they give between 7 and 30 days’ notice, they will receive a 50% refund.

    Strict: Guests must cancel within 48 hours of booking, and at least 14 days before check-in, to receive a full refund. If they cancel between 7 and 14 days before arrival, they will receive a 50% refund.

    Only ‘firm’ and ‘strict’ policies are available for long-term stays (at least 28 consecutive nights).

  • Airbnb guests can send a request to change their booking after it has been confirmed. However, the host must acknowledge and accept the request in order for the modification to be confirmed.

    For example, if a guest originally booked a 3-night stay and wants to change it to a 2-night stay, you will receive a notification about their trip change request. You can then choose whether to accept it or decline it. If you wish, you can ask the guest for more information before making a decision.

  • Always aim to respond to trip change requests promptly and professionally. Review the request as soon as possible and determine whether it is feasible for you. For example, if they request to shorten their stay the day before check-in, you may choose to decline if you believe you will be unable to re-book those dates. Whatever your decision, communicate it clearly at your earliest convenience. Alternatively, you can leave everything to an Airbnb management service, such as Stayful.

  • If a guest cancels or modifies their booking, your calendar should update automatically, so that the dates show as available to other potential guests. If you need to manually adjust your availability, you can do this by navigating to the ‘Calendar’ section of your Airbnb dashboard and unblocking dates from there. Be aware that if you cancel a booking, the associated days may remain blocked, preventing you from accepting another reservation.

  • As an Airbnb host, you cannot change a reservation on behalf of a guest (e.g. modify the dates of the booking). To do this, the guest must make a trip change request.

    You can cancel a guest’s booking at any time. However, unless there are extenuating circumstances, this may incur penalty fees. Your calendar may also remain blocked for the dates of the reservation. If a guest wishes to cancel, you should instruct them to do so on their end and remind them of your cancellation policy.

  • If you can no longer accommodate a guest and need to cancel their booking, they will automatically receive a full refund. If your guest cancels, their eligibility for a refund will depend on which cancellation policy you’ve chosen. For example, if you have a firm policy, they will only receive a full refund if they cancel at least 30 days prior to check-in.

    In the case of extenuating circumstances, such as natural disasters, guests may be able to claim a refund directly from Airbnb.

  • Airbnb’s Extenuating Circumstances Policy protects hosts and guests who need to cancel bookings due to unforeseen events outside of their control. The scenarios covered by the policy include:

    Unexpected changes to visa or passport requirements

    Declared local or national emergencies, such as epidemics

    Government-imposed travel restrictions

    Hostilities such as acts of war, terrorism and riots

    Natural disasters including severe and abnormal weather events

    If you have to cancel a guest’s booking due to any of the above, you will not face adverse consequences such as penalty fees. If a guest is affected by extenuating circumstances, they can apply to Airbnb for a refund or travel credit.

  • Yes, as a host, you have the right to decline a guest’s request to modify their booking. However, you should try to be as flexible and understanding as possible – they may have a good reason for needing to change their travel dates. If you cannot accommodate their request, respond promptly and communicate your reasons professionally and politely.

  • If a guest cancels their stay at the last minute, you do not need to do anything. If they qualify for a refund, they will receive it automatically, and this amount will be deducted from your future payouts. Airbnb will notify you of the cancellation and immediately unblock the dates on your calendar, allowing you to accept new bookings straight away.

  • If you hire an Airbnb property management company, you won’t have to worry about handling reservations, modifications and cancellations. They will take care of everything for you, from managing your property’s availability calendar to dealing with refunds and trip change requests. They will ensure everything is handled efficiently and professionally, taking the strain away from you contact Stayful to find out more.

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