3 ms·

I really like the idea and the execution :) I don't like the large middle-men cut :-/ > For each rental, AirBnB takes a 7 to 10 percent cut of the traveler’s

by alecco 18y ago

I really like the idea and the execution :) I don't like the large middle-men cut :-/ > For each rental, AirBnB takes a 7 to 10 percent cut of the traveler’s payment (as the rental > price of the accommodation goes up, AirBnB will take less of a cut) and also takes a flat 3 > percent cut of what the seller receives.

fallentimes 18y ago
How do you expect them to make money for the service they provide? Are you arguing for no cut or a lower one?
- Avshalom 18y ago
  How a about a more honest pricing structure, or at least more straight forward. note from the official FAQ: "There is no charge to list your room - it is free to post. We charge the guest a 5-12% service fee during the checkout process. The host receives the amount they set, minus a small 3% fee for credit card processing." now that reads to me like the lessor ends up paying 3% of 112% of their posted rate, which means the customer actually ends up paying 15.8% (or 13.8% depends on which way you want to talk about percent, also this is at 12%) more than the lessor actually receives. Also I take it to mean that the $30 room in city X will magically become a $33 room when I actually try to stay there. Neither strikes me as very good from a customer experience point of view (customer being either side of the equation in this sentence), as well as somewhat unpredictable.
  - picasso81 18y ago
    booking on any travel site (airfare, hotel) includes a fee at the end of the booking process. orbitz/expedia/hotels.com charge 16%+. 6-12% service fee actually favors the guest; the larger the total reservation, the smaller the fee. 3% is a flat fee for the host based on their raw listing price.
    - alecco 18y ago
      Yes, and that is terrible. To be fair, those others have to pay structure behind to support customers properly.

3 ms·

I really like the idea and the execution :) I don't like the large middle-men cut :-/ > For each rental, AirBnB takes a 7 to 10 percent cut of the traveler’s

by alecco 18y ago

fallentimes 18y ago
How do you expect them to make money for the service they provide? Are you arguing for no cut or a lower one?
- Avshalom 18y ago
  How a about a more honest pricing structure, or at least more straight forward. note from the official FAQ: "There is no charge to list your room - it is free to post. We charge the guest a 5-12% service fee during the checkout process. The host receives the amount they set, minus a small 3% fee for credit card processing." now that reads to me like the lessor ends up paying 3% of 112% of their posted rate, which means the customer actually ends up paying 15.8% (or 13.8% depends on which way you want to talk about percent, also this is at 12%) more than the lessor actually receives. Also I take it to mean that the $30 room in city X will magically become a $33 room when I actually try to stay there. Neither strikes me as very good from a customer experience point of view (customer being either side of the equation in this sentence), as well as somewhat unpredictable.
  - picasso81 18y ago
    booking on any travel site (airfare, hotel) includes a fee at the end of the booking process. orbitz/expedia/hotels.com charge 16%+. 6-12% service fee actually favors the guest; the larger the total reservation, the smaller the fee. 3% is a flat fee for the host based on their raw listing price.
    - alecco 18y ago
      Yes, and that is terrible. To be fair, those others have to pay structure behind to support customers properly.