How Hosthub Handles Channel Fees
Hosthub incorporates channel fees as part of its pricing adjustment system to ensure accurate financial management across multiple booking platforms. This article explains how these fees work for Airbnb and Vrbo and provides guidance for managing them within your Hosthub account.
Understanding Channel Fees in Hosthub
Channel fees represent an additional charge applied by booking platforms, such as Airbnb and Vrbo, which is accounted for in Hosthub. These fees are added on top of the rate you set for your property to ensure accurate pricing. For instance, Hosthub sets the channel fee for Airbnb at 15%, which is automatically included in the final pricing displayed on the platform.If you notice that the fees displayed in Hosthub differ from those on your booking statements, it is likely due to this built-in adjustment. Understanding this mechanism helps ensure seamless financial management for your property listings. For example, Hosthub’s dynamic payout configuration adjusts the rates you set to incorporate the platform commissions automatically, ensuring you receive your desired net payout. Hosthub also provides the option to disable this automatic adjustment by setting the channel fee to 0%, which is useful if you want to maintain identical rates across all platforms.
Managing Channel Fees
Hosthub can adjust channel fees for all channels. To review or update the specific channel fee in Hosthub, follow these general steps:
Navigate to the Channels section from your Hosthub dashboard.
Select an activated channel.
Click on Edit and locate the fee adjustment settings under "Channel Fee."
Once updated, Hosthub recalculates the fees to match the channel's requirements for accurate pricing.
You can also preview how the final rate appears to each channel by navigating to Rate Management > Edit > Preview in your Hosthub dashboard.
General Advice for Cross-Platform Pricing with Hosthub
Always review the default channel fees set in Hosthub for any platform you connect to your account.
Keep your fee settings up-to-date, especially when platform policies change.
Remember that channel fees are added to your base rate, so double-check final pricing on each booking platform to avoid unexpected issues.
For example, you can check Airbnb’s service fees by going to Account > Payments & Payouts > Service Fee in your Airbnb account. On Vrbo, contacting their support team can provide the details about fees, while Booking.com lists commissions in the payments section of your account.
By understanding Hosthub’s pricing adjustments and proactively managing channel fees, you can maintain consistent pricing and avoid discrepancies across booking platforms.
By leveraging Hosthub’s customizable pricing tools and understanding different platform commission structures, you can optimize your rates and simplify your financial management.