Comparing Fee Structures
Knowing how these fees affect your earnings can help you make informed decisions and maximize your income.
There are two main host fee models that most platforms use: pay-per-booking and annual subscription.
For clarity, Lake currently only offers the Pay-Per-Booking option, meaning your success is our success!
Pay-Per-Booking
In the pay-per-booking model, you pay a percentage-based fee for each reservation guests make. At Lake, the fee structure is straightforward. We charge a 10% fee based on the total rental amount.
Annual Membership
Annual subscription models can be attractive for hosts with multiple properties or who prefer a flat fee.
Lake.com does not offer annual subscriptions; instead, we operate on a pay-per-booking model.
By understanding the different fee structures of vacation rental platforms, you can select the most appropriate option for your hosting needs and maximize your earnings. When deciding, consider the number of reservations, listing preferences, and additional costs. It will help you make the most out of your vacation rental business.
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