Alternative to Airbnb Cohost Payment Method

Optimize My Airbnb: I Help Airbnb Hosts Make MoneyJul 31, 201812m 57s2.7K viewsScore 75
Pricing & Profitability
intermediate
co-host payments
Airbnb
payment automation
commission adjustment
short-term rental operations
M

Summary

AI-generated

This video explains how to adapt to Airbnb discontinuing its co-host payment functionality. It provides a workaround using existing Airbnb features to automate payments and discusses how to adjust commission percentages based on reservation cost and cleaning fees.

Key insights

  • For listings with a nightly rate of $400 or above, the cleaning fee has a smaller proportional effect on the total cost, allowing co-hosts to potentially maintain a 15% commission rate similar to the old system.

Mistakes to avoid

  • Relying solely on the old co-host payment system without adapting to its discontinuation can lead to payment processing issues and manual reconciliation efforts.

Tools & resources

  • YourPorterplatform

    YourPorter offers a paid platform that provides a more complete solution for automating co-host payments, integrating with Airbnb.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial