Pricing

[Stephan36]

Hi Guys!

I need help understand the following in pricing:

I am from NY looking to book a place in London. I am interacting with a current london host, and we are negotiating pricing. The host claims that his listed price is 1300 GBP. I am getting an offer for $1745 USD (which translates to 1584 GBP), a difference of 284 GDP! There is NO cleaning fee and the airbnb service fee is included at $126 USD (104 GDP). If I deduct the service fee that leaves an unaccounted difference in pricing of 180 GDP!!

Why is there such a difference? Where does this money go?

Thank you in advance for helping me understand this!

Stephan

[Ed-And-Vilija0]

I think airbnb is now marking up their currency exchanges. 

[Stephan36]

Thanks for your thoughts. It's what i'm thinking too, because I can't see any other explanation unless airbnb is keep an extra undisclosed fee. Nevertheless the exchange markup seems HUGE and I would like to get confirmation from them. I reached out to them a few days ago but still haven't heard back!

[Huma0]

I have a similar situation with a guest who wanted to add an extra night to her stay. The price she was being quoted (after the host's payout and fees) was 25% extra. Even with guest fees added, this doesn't make sense. Anyway, she is contacting Airbnb to find out...

[Stephan36]

Hi Huma! Thanks for sharing! Please let me know if you guest gets any info as I still haven't heard back from airbnb yet. It's been a few days. Thank you!

[Huma0]

Thanks @Stephan36, I will do! For the moment, she's gone quiet so I'm guessing she's still waiting to hear back...