A website owned and operated by a host or property manager that allows guests to book directly, bypassing third-party platforms.
Glossary Term: Commission Fees
A booking option on some platforms where the host is guaranteed payment even if the guest cancels, often at a higher commission rate.
Creating a dedicated website for a rental property to accept bookings directly, bypassing third-party platforms and their fees.
The charges imposed by online travel agencies (OTAs) like Airbnb and VRBO for listing properties, processing bookings, and providing other services.
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.