AIRBNB VACATION RENTALS
Founded in 2008 and based in San Francisco, AirBnB is one of the newest, but most successful vacation rental websites in the world today with millions of other renters offering their condos.
They work on a commission model charging a transaction fee of just 3% per booking and a 6-12% guest service fee every time a reservation is booked. Service fees are calculated from the reservation subtotal, which is the price of a reservation that has been set (before service fees have been added) in the listing's pricing settings. Depending on the laws of the jurisdiction involved, VAT on the service fees may be included as an additional amount over and above the total 6-12% service fee.
They work on a commission model charging a transaction fee of just 3% per booking and a 6-12% guest service fee every time a reservation is booked. Service fees are calculated from the reservation subtotal, which is the price of a reservation that has been set (before service fees have been added) in the listing's pricing settings. Depending on the laws of the jurisdiction involved, VAT on the service fees may be included as an additional amount over and above the total 6-12% service fee.
