Airbnb’s New Fee Structure: How Property Managers Can Adapt
Summary
AI-generatedThis video explains Airbnb's new host-only fee structure for PMS-connected hosts, detailing the shift from a split-fee to a host-only model. Hosts will learn how to calculate the necessary markup to maintain their net earnings and adjust pricing strategies, including cleaning fees, to adapt to the change.
Key insights
Airbnb is transitioning all PMS-connected hosts to a host-only fee model, with the host fee set at 15.5%, effective October 27th for most US PMS-connected hosts and December 1st for non-PMS connected hosts in the US.
Mistakes to avoid
Failing to adjust cleaning fees and other add-on charges to account for the 15.5% host fee can lead to a reduction in net earnings, as Airbnb now takes commission on these fees.
Tools & resources
PriceLabs Supportservice
PriceLabs offers support for hosts navigating the Airbnb fee changes, providing guidance on pricing adjustments and PMS integration.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial