Deciding between Whimstay vs Airbnb for renting out your place? It’s a big decision that can influence how many guests book your space.
We’ve got you covered with a detailed comparison of both platforms. This will help you figure out which one aligns best with your hosting goals and the unique character of your place.
Let’s explore together and find the right fit for you!
Can You List on Both Whimstay and Airbnb?
Absolutely, you can! It’s a great strategy to expand your reach and potentially rake in more bookings. Just a heads-up, though: juggling listings on both platforms can be a bit tricky. You might face the occasional hiccup like double bookings, but hey, it’s all part of the hosting adventure!
A good solution could be using a channel manager. It helps sync your calendars, avoids double bookings, and keeps all your messages in one place. Check out our guide on calendar sync for a helpful how-to!
What is Whimstay?
Whimstay aims to connect travelers with fantastic last-minute bargains on vacation rentals that might otherwise sit empty. They’re all about those unexpected, amazing memories.
Whether you’re watching your budget or suddenly feel the urge to be spontaneous, Whimstay’s got your back! They guarantee unique, last-minute deals you won’t find anywhere else.
What is Airbnb?
Airbnb kicked off its journey in 2007 with a simple idea: two hosts opening their San Francisco home to three guests. Fast forward to now, and it’s a global sensation with over 4 million hosts and 1.5 billion guests worldwide.
Every day, Airbnb hosts are creating one-of-a-kind stays and experiences, offering guests a real taste of local communities. It’s all about connecting people and places in the most authentic way possible.
Whimstay vs Airbnb: An Overview
Let’s take a look at the key differences between Whimstay and Airbnb to see how they stack up against each other.
|Costs For Hosts
|Charges travelers a 5% to 10% service fee and hosts 3% to 5%
|Guests pay the price plus a 6% to 12% service fee; hosts get the listed price with a 3% deduction
|Reach and Getting Bookings
|Rapid growth, 100,000+ app downloads, 131,000+ properties, works with professional managers
|Various spaces, shared to private, four accommodation types
Attracts a younger audience
|Suggests hosts get their insurance, highlights understanding coverage and guest actions
|Offers $1 million liability insurance for injuries or damages, excluding intentional acts
|May recover refunds for unusual circumstances, may refund fees for rule-breaking travelers
|Charges 50% for late cancellations or no-shows; 25% for cancellations between 48 hours and 30 days before check-in
|Better overall ratings (3.6/5 stars on Trustpilot) with some positive feedback
|Mixed reviews, lower ratings (1.3/5 stars on Trustpilot), reported issues with staff willingness, language barriers, and regional considerations
Whimstay vs Airbnb: Costs for Hosts
Let’s delve into the expenses for hosts on Whimstay and Airbnb to better understand their fee structures.
Whimstay Fees – It charges travelers a service fee ranging from 5% to 10% and hosts a fee between 3% and 5%. This structure enables us to provide more competitive prices compared to other big players in the industry.
Airbnb Fees – Guests pay the listed price plus a guest service fee of 6% to 12%, which varies based on the listing’s price. This fee goes directly to Airbnb. Hosts receive the listed price for their accommodation, with a 3% service fee deducted.
If you prioritize competitive pricing structures that may benefit your guests, Whimstay could be your choice. However, if you value a fee system where guests cover the service cost and hosts receive the listed price, Airbnb might align better with your preferences.
Whimstay vs Airbnb: Reach and Getting Bookings
Whimstay has experienced rapid growth, surpassing competitors during its early stages. Within a short span of 1.5 years, we’ve amassed over 100,000 app downloads and listed more than 131,000 properties.
This platform exclusively collaborates with professional property managers, ensuring properties meet high standards, are accurately described, and are maintained with top-tier expertise and service excellence.
In contrast, Airbnb hosts offer a diverse range of spaces, spanning from shared rooms to private islands. They categorize accommodations into four types: entire places, private rooms, hotel rooms, and shared rooms, offering an array of options from complete houses to unique stays. Airbnb tends to attract a younger audience seeking varied travel experiences.
Whimstay vs Airbnb: Host Protection Insurance
Whimstay Host Insurance – They suggest hosts get their own insurance for property services, emphasizing the need to understand coverage and exclusions, especially regarding guests’ actions or inactions during their stay.
Airbnb Host Insurance – AirCover offers hosts $1 million in liability insurance for guest injuries or property damage. It covers injuries, property damage, and common area damage, excluding intentional acts or damage to the host’s property by guests, which is covered separately.
Hosting Tip! To ensure thorough protection, it’s smart to complement the coverage provided by Whimstay or Airbnb with your own vacation rental insurance. This extra layer ensures comprehensive security for your property.
For more information on the best insurance options or tailored coverage to meet your vacation rental needs, check out our guide on insurance options or get a quote from Proper Insurance. Adding this extra layer of protection ensures you’re well-covered in all situations.
Whimstay vs Airbnb: Cancellation Policies
Let’s dive into the cancellation policies of Whimstay and Airbnb to understand how they handle cancellations and refunds.
For Whimstay, if a cancellation is necessary due to unusual circumstances, resulting in a refund to the traveler, as a host, you agree that Whimstay may recover this refunded amount from you. Additionally, if a cancellation occurs due to a traveler’s failure to follow house rules, Whimstay may, at its discretion, refund part or all of the total fees.
On Airbnb, cancellations made 48 hours or less before check-in or after check-in result in a fee of 50% of the reservation amount for the nights not stayed. If the cancellation occurs between 48 hours and 30 days before check-in, the fee is 25% of the reservation amount.
Whimstay vs Airbnb: Host Customer Support
Reviews for customer service on both platforms vary, but Whimstay generally receives better overall ratings, like 3.6/5 stars on Trustpilot.
On the flip side, Airbnb has faced more negative feedback and areas needing improvement, with ratings around 1.3/5 stars. Reported issues include staff’s lack of willingness, language barriers, and sometimes not considering regional specifics.
Whimstay and Airbnb offer unique advantages. Consider your property type, target guests, and hosting preferences to choose the platform that aligns best with your goals. Remember, using a channel manager allows you to list on multiple platforms efficiently.
If you are doing more research, you can also check out our recommendation blog on the best listing sites.
Consider building a rental website and offering direct booking to reduce the dependency on online travel agencies. This strategy can help you avoid OTA fees and increase your marketing outreach with the right SEO strategies and property management software.
So, if you’re after good prices and solid customer service, Whimstay seems like a good pick with better ratings. But if you want lots of options and experiences, Airbnb might suit you better.
Think about what matters most and pick the platform that matches your hosting plans and property.
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