The cost of airbnb management in London generally varies from 15% to 25%, however some high-street estate agents charge as much as 31% (e.g. Foxtons).
When comparing airbnb management agencies in London it's important to clarify, which services are included in the fee, as some agents that advertise a very low fee would only include remote management (only cleaners would visit the property) and often VAT isn't included in the fee being advertised.
At StayinLondon full management includes:
- creating a listing
- managing reservations, communicating with guests
- access to host dashboard
- arranging key collection and pickup after stay
- providing access to online landlord dashboard with revenue/expense/occupancy details
- inspection of property after checkout
- managing cleaning and linen
- 24-hour emergency contact
- maximising revenue by adding medium-term bookings and avoiding any empty periods
- maintenance support
Our competitive fee is 17%+VAT. We might not be the cheapest, however hosts should focus on the bottom line, which simply cannot be achieved without personalised service to guests, physically checking the property on a regular basis, reporting back directly to the owner and creating a very positive experience to guests, so that they leave 5-star reviews that in consequence warrant a higher occupancy rate and a higher nightly rate.
Read more about our pricing here: Pricing 2024
Alternatively, get in touch with us for a personalised quote.
