Understanding the fees associated with Airbnb and Vrbo
If you’re planning a trip and looking for accommodation, you’ve probably come across Airbnb and Vrbo. Both platforms are popular choices for booking short-term rentals, but it can be difficult to determine which one is more affordable. One thing to keep in mind when comparing prices is the fees associated with each platform. Both Airbnb and Vrbo charge fees to both guests and hosts, which can affect the overall cost of your stay.Analyzing Airbnb’s guest service charges
Airbnb has a guest service charge that is generally less than 14.2 percent. This fee is based on the subtotal of the booking, which includes the nightly rate and cleaning fee (if applicable). The exact percentage of the fee varies depending on the reservation’s subtotal, but it is typically between 5-14 percent. The guest service charge covers the cost of running the platform, including processing payments, providing 24/7 customer support, and offering up to $1 million in property damage protection.Comparing guest service fees for Vrbo and Airbnb
When booking through Vrbo, guests will be charged a service fee on the total (minus tax). The amount of this fee ranges from 6% to 15% depending on the property. Unlike Airbnb, there is no breakdown of what the service fee covers. However, Vrbo states that the service fee is used to maintain and improve the platform, including offering 24/7 customer support and payment processing. Important Note: Neither Airbnb nor Vrbo charge a service fee for booking experiences. This means that if you’re looking to book a tour, class, or other activity, you won’t be charged any additional fees beyond the cost of the experience itself.Uncovering additional fees when booking with Airbnb
Despite having lower guest service charges than Vrbo, Airbnb often has additional fees that can increase the total cost of your stay. For example, some hosts charge additional fees for extra guests, pets, or early check-in/check-out. Additionally, some cities have local taxes or tourism charges that are added to the cost of the booking. Tip: Before booking with Airbnb, be sure to carefully read the host’s description and review the breakdown of the price. Pay close attention to any additional fees that may be added to the subtotal.Exploring the service fee ranges for Vrbo bookings
Unlike Airbnb’s guest service charge, Vrbo’s service fee is not based on the subtotal of the booking. Instead, it is a set percentage depending on the property. Vrbo states that this fee is used to maintain and improve the platform, including offering 24/7 customer support and payment processing. The service fee ranges from 6% to 15% of the total (minus tax), with the highest fees typically reserved for lower-priced properties. Bullet Points:- The Vrbo service fee ranges from 6% to 15%
- The fee is a set percentage depending on the property
- The highest fees are typically reserved for lower-priced rentals
- The fee covers maintaining and improving the platform