A fee charged by platforms like Airbnb and VRBO to hosts for each booking made through their platform, usually calculated as a percentage of the booking amount.
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Glossary Term: Booking Fee
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The charges imposed by short-term rental platforms like Airbnb and VRBO for using their services, typically calculated as a percentage of the booking amount or a flat fee per booking.
A percentage-based fee charged by platforms like Airbnb and VRBO to hosts for each booking facilitated through their platform.