A website owned and operated by a host or property manager that allows guests to book directly, bypassing third-party platforms.
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Glossary Term: Commission Fees
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A booking option on some platforms where the host is guaranteed payment even if the guest cancels, often at a higher commission rate.
The charges imposed by online travel agencies (OTAs) like Airbnb and VRBO for listing properties, processing bookings, and providing other services.
Creating a dedicated website for a rental property to accept bookings directly, bypassing third-party platforms and their fees.
The charges imposed by short-term rental platforms like Airbnb and VRBO for using their services, typically a percentage of each booking.
Charges imposed by online travel agencies (OTAs) like Airbnb and VRBO on hosts for each booking made through their platforms, typically calculated as a percentage of the reservation value.
A reservation made directly through a host’s website or booking platform, bypassing third-party listing sites like Airbnb or VRBO. Direct bookings can save hosts on commission fees and allow for greater control over the booking process.