Here are the booking fees which the various platforms are charging us right now:
1. Airbnb - usually 3%, can be up to 13%
2. Booking.com - 10 - 15%
3. Agoda - 8%
4. Home Away - 5%
5. Tiny Away - 10%
6. Riparide - 10%
7. Expedia - 8 - 10%
8. TripAdvisor - 14.5%
Channel fees are service fees charged by the various booking platforms for listing / advertising our properties on it. This is usually how the booking platforms earn money. They take a cut out of each confirmed bookings. Unless we do not list our properties on the booking platforms, this fee is inevitable. If you refer to the hosting agreement, this is mentioned in it as the “Booking Platform Fee”.
Your revenue share will be based on the net rental revenue collected from the bookings, including the cleaning fee.