@Chris24990
Hi Chris, and welcome to the forum.
You've "heard"? I'm not sure how it works in Canada, but I've been receiving messages from Airbnb talking about this for months.
Yes, Airbnb is changing its commission structure to be like all other platforms.
Currently, they charge the host 3%, and charge the guest somewhere between 14.5% and 16.5% depending on the region. I don't know what it is in Canada, but it's 15% here in Spain.
So, for example, in my case, Airbnb is collecting a total of 18% in commission on every booking (3% from host +15% from guest).
Now they will be charging the host 15.5% and the guest nothing. This is the way all other platforms work (although most other platforms charge 16% or more).
So, you will need to raise your prices 18% (or 3% +whatever percent they currently charge the guest in Canada).
If you do that, the guest will see no difference in price, Airbnb gets a bit less commission, and you actually make a bit more.
There's a lot of confusion about this, some say it's a rip off, but in reality, it's actually a good thing. Just do the maths.
Oh, beware: apparently Airbnb is also charging 15.5% commission on cleaning fees too. I question this, but if you have cleaning fees, they'll deduct 15.5%.
Watch your back.
