Managing property pricing and understanding payouts in Hosthub involves several considerations, such as net earnings, commissions, currency conversions, and synchronization across platforms like Booking.com and Airbnb. This guide provides an overview of how pricing is calculated and displayed within Hosthub.
In Hosthub, prices you input represent the net earnings you wish to receive per night. These amounts exclude any commission fees imposed by the respective booking channels.
Understanding Net Amounts, Commissions, and Fees in Hosthub
Booking Value:
The nightly price multiplied by the number of nights of the booking.
2. Cleaning fee
The amount of Cleaning fee paid for the booking
3. Other fees:
Other type of fees set on the channel such as linen fee etc
4. Taxes :
The total amount of taxes paid by the guest (This field is usually fetched from the channel only if you have already set taxes on the channel settings)
5. Total Value = Booking Value + Cleaning fee + Other fees + Taxes
6. Service fee host :
The fee you have to pay to the OTA as a Host
7. Service fee host base:
The fee you have to pay to the OTA as a Host without its VAT (some OTAs apply VAT to their fee)
8. Service fee host VAT:
Service fee host VAT does not apply to all cases
9. Payment charges:
Payment charge is a fee of a certain percentage of the booking for the payment process. Not all OTAs have payment charges. One of the most characteristic is Booking.com
11. Service fee guest:
An amount that the guest pays directly to the channel and Host has no inolvement.
12: Guest paid:
Total Value + Service fee guest
Total Payout =[Booking Value + Cleaning fee + Other fees + Taxes] - [Service fee host + service fee host VAT + Payment charges] |