This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Homesharing service Airbnb is piloting a program that could save guests some serious cash. According to PhocusWire, Airbnb is asking select hosts to join a program that would eliminate guest fees from their listings.

When you book an Airbnb now, guests pay a percentage of the list price as a “guest” or “service” fee, which goes straight to Airbnb. Airbnb also takes a percentage of the hosts’ earnings.

Airbnb currently charges a “service fee” to all guests.

According to an Airbnb email obtained by PhocusWire, the new program will solely charge hosts a 12% fee — eliminating the guest and host fees that normally total about “15% of the listing price.” Guests wouldn’t see any fees on the frontend when booking.

Participation in the four-week trial is voluntary, and the standard fees will return after the test run is over. PhocusWire reports that a source from Airbnb said the company is looking for an alternative model to increase revenue, and its targeting the service to professional property managers. They hope the elimination of fees on the frontend will increase bookings.

Although it appears that this could save travelers money, it’s quite possible that the list price of each Airbnb will rise because hosts might incorporate Airbnb’s increased fees on the backend.

“We are constantly testing new and different ways to help our hosts accommodate more guests,” the company said in a statement to PhocusWire. “This small, temporary, and voluntary pilot is one of the many experiments we are running as we try to learn more about how we can best serve our community.”

Featured image courtesy of Airbnb.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.