Booking.com Listing Fees: How Much Does It Cost?

Discover how listing fees fees can impact your hosting experience and profits. Learn the ins and outs of Booking.com's pricing structure, tailored for every type of host.

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Are you considering listing your property on Booking.com but puzzled by the fees involved? Dive into our comprehensive guide to unravel the mysteries of Booking.com listing fees.

Discover how these fees can impact your hosting experience and profits. Learn the ins and outs of Booking.com’s pricing structure, tailored for every type of host.

Make an informed decision about whether Booking.com is the right platform for your property.

Join us as we simplify the complex world of Booking.com listing fees!

Booking.com Listing Fees: At a Glance

Booking.com’s listing fees can seem a bit tricky at first. Let’s break it down simply. 

On average, they take about 15% from what you charge for your rental. This is for all bookings that are confirmed and those that can’t be refunded. 

To compare, Airbnb takes between 14% and 20%, and Vrbo around 5%.

The fees at Booking.com can change. They depend on where your place is, what kind of property it is, and your cancellation policy, among other things. 

Unlike some other sites, Booking.com doesn’t take their fee right when someone books. Instead, they send you a bill at the start of each month. This bill is for the fees from the month before.

It’s important to make sure you have enough money in your account to pay this fee. If you don’t, you might get blocked. Being blocked means you could miss out on new bookings.

To help you out, Booking.com has a calculator on their extranet. This tool lets you figure out how much you’ll owe in fees. You can also check the “Finance” tab on their extranet. Here, you can see your monthly rental income and how much Booking.com takes as their cut.

Remember, these fees are part of doing business on Booking.com. Knowing about them helps you plan better and avoid surprises.

Property Host Fees on Booking.com

Booking.com operates on a commission model for its hosts, where you pay a percentage for each booking made through their site. This percentage usually falls between 10% and 20%, but in certain situations, it could rise to 25%. 

The rate is influenced by various factors, including the type of property you’re listing, the location of your listing, and the country where your property is registered. 

Additionally, the cancellation policy you set and your chosen method of payout play a role in determining this fee.

Moreover, Booking.com offers a service known as “Payments by Booking.com,” which handles the financial transactions between you and your guests. This service, while convenient, comes with its own costs. 

The fees for this service are not fixed and vary depending on the location of your property. For instance, bank processing fees through this service can range from 1.1% to 3.1%, varying by country. 

Booking.com Hotel Fees

For hotels listed on Booking.com, the base fee is usually between 15% and 18%. But, these fees can change a lot. It depends on how you set up your account and the choices guests make when they book.

One important thing to know is that whether you’re a ‘private host’ or a ‘professional host’ doesn’t change the host fee. This is based on EU law definitions. So, no matter what kind of host you are, the fee structure stays the same.

Cancellation Fees on Booking.com

At Booking.com, as a host, you’re typically charged a commission rate even if guests don’t stay at your property, particularly in the case of non-refundable bookings. This commission applies in scenarios such as guests not showing up for a non-refundable or partially non-refundable booking, or if they cancel past the free cancellation period.

However, there are instances where you won’t be charged. These include situations where you decide to waive the fee for a non-refundable booking cancellation, choose not to charge a guest marked as a no-show, or are unable to charge the guest due to an invalid credit card.

For marking guests as no-shows in the Extranet, the process involves navigating to ‘Reservations’, locating the guest’s reservation number, and accessing the reservation details page to click the “Mark as No-Show” button. Following this action, both you and the guest will receive confirmation emails about the cancellation due to no-show status.

Remember, it’s important to report no-shows in time. You can use the “Mark as No-Show” button from the check-in day’s midnight. It’s there for 48 hours after check-out time. This helps keep everything clear and organized for you and your guests.

Cleaning Fees & Security Deposit

If you want to add a cleaning fee or a security deposit to your listing on Booking.com, it’s pretty easy. Here’s how you do it:

  • Go to the Property tab on Booking.com.
  • Select Policies.
  • In this section, you’ll find the option to create additional fees and charges.

This is where you can set up things like cleaning fees or ask for a security deposit. It’s a good way to make sure your property is taken care of and stays clean for every guest. 

Remember, being clear about these fees helps guests know what to expect and keeps everything running smoothly.

How Do Booking.com Hosts Get Paid?

Booking.com offers various ways for guests to pay, and as a host, you have options too. Here’s a quick look at how it works:

Online Payment Methods:

  • Credit, Debit, and Prepaid Cards
  • Digital Wallets
  • Other Methods: WeChat, iDeal, Sofort, Klarna, and Paypal Credit.

Pay on Site

  • Credit/Debit Card
  • Cash

If You Accept Credit Card Payments:

When a guest uses a credit card, this info shows up in their reservation details on the Booking.com extranet.

To process payment, just log in to the virtual credit card system. Then, charge the guest’s card for what they owe.

Payment Frequency:

You should receive your payments (gross amounts) either weekly or monthly, based on what you choose.

Important to Note:

  • Not all payment options are available for every property.
  • The steps to set up these payment methods can vary depending on where your property location

Hate Fees? Go Direct!

Tired of paying fees? There’s a solution: go direct. This means setting up your own system for accepting bookings, and there are several ways to do this.

Firstly, consider creating a business website. Your website can be tailored to reflect your property’s unique charm and provide guests with all the information they need. Plus, it’s a direct line of communication between you and your guests.

If you don’t have a website yet, Floorspace is an excellent option. It’s designed for ease of use, with professionally crafted templates that are both appealing and functional. The pricing is affordable, making it accessible even if you’re just starting out. 

Then integrate your site with your Property Management System (PMS) booking forms. This allows for a seamless booking experience for your guests and easier management for you.

Another way to go direct is through social media platforms like Facebook. Many guests are comfortable with booking through these channels, and it can be a more personal way to connect with potential renters.

Additionally, don’t underestimate the power of phone bookings. It’s a traditional method, but it still works effectively for many property owners.

Another great option is to create your own direct booking website and let people book directly with you. With some smart marketing and search engine optimization, and by using the right property management tools, you can avoid the fees charged by online travel agencies and rely less on those platforms.

Frequently Asked Questions

What does booking.com charge for listing?

Booking.com allows you to list your property for free. They only charge a commission fee when you get a confirmed booking.

This means no upfront costs for listing your property on their platform, making it a budget-friendly option for hosts.

How much does booking.com charge fees?

On average, Booking.com charges a commission fee of around 15% of the rental cost.

This fee can vary based on factors like your property’s location, type, and the cancellation policy you choose. It’s a percentage taken from each confirmed booking.

How much commission does booking.com take from hosts?

Booking.com typically takes a commission of 15% to 18% from hosts for each booking.

This rate can vary depending on factors like the property’s location, type, and specific policies set by the host. It’s a part of the revenue-sharing model they use.

What is the difference between Airbnb and booking.com?

Airbnb and Booking.com differ in their fee structures and target listings. Airbnb charges both hosts and guests. Hosts pay a fixed 3% commission, and guests are charged up to 13%.

Booking.com, on the other hand, charges only hosts, typically 15%-18%. Airbnb is known for unique accommodations, while Booking.com focuses more on traditional hotels and vacation rentals.

Conclusion

In summary, Booking.com charges a commission, typically around 15% to 18%, which varies based on your property’s characteristics and location. They offer various payment options for guests, and as a host, you have the flexibility to add additional fees like cleaning or security deposits.

Considering your next steps, if the commission model seems too costly, direct booking could be an alternative. Creating your own website or utilizing social media platforms can help you avoid these fees and gain more control over your bookings.

Evaluate what suits your property best. Whether you choose to use Booking.com’s services or opt for direct bookings, each option offers its own advantages. Make your decision based on what aligns best with your rental property’s needs.

If you are still doing research in listing sites and which fee system suits you best, make sure to check out our post on the top listing site alternatives!

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