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Breaking Down the Hidden Costs of STR Management đĄ âď¸
đ° Ever wondered why your rental income feels lighter than expected? The answer often lies in hidden booking fees. Weâll show you where theyâre buried and how to spot them.
Community Perks with The STR Report
đ Top-Tier Property Management â Lower fees, higher payouts, and premium service. Built for investors who want performance and peace of mind. See how much more your property could earnâclick to get your free performance assessment.
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đ¤ STR Loans & More â Need funding for your next short-term rental? Expect expert guidance, personalized service, and the best possible rates.

September 4th, 2025
Good evening STR Report Community!
In todayâs issue, you will find:
đąTodayâs Article: Hidden Booking Fees: How They Drain Your Rental Income
đ Trending Market Highlight: Outer Banks, North Carolina & Lake Placid, New York
âď¸ STR News: Glamping demand matches tents, RMS report finds
đ¸ Mortgage Rate Watch
đľđ Unique Airbnb of the Week
đŤ Subscriber Perks: Go Live Playbook, including: Beginnerâs Guide E-Book, Guest Communication Messaging Templates, Airbnb Welcome Guide Template, STR Buy Box Template, & Tax Savings E-Book
â
Community Perks: Top-Tier Property Management, Personal Airbnb Investment Finder, and STR Loans & More
đŹ See our collection of newsletters here: Prior Newsletters
Hidden Booking Fees: How They Drain Your Rental Incomeđ
Short-term rental property management companies can make hosting seem effortlessâhandling marketing, bookings, guest communication, and cleaning. But what they donât always tell you upfront is that their income isnât just coming from your agreed management fee. Hidden booking fees, often passed quietly to guests, can put money in the companyâs pocket without you realizing it.

What Are Hidden Booking Fees?
In the STR world, hidden booking fees are extra charges guests pay on top of the nightly rate. They often appear as:
Service fees
Platform fees (Airbnb, Vrbo, etc.)
Admin or processing fees
Resort or amenity fees
Sometimes these fees are legitimate platform chargesâbut in many cases, the property management company adds their own markup and pockets the difference.
How They Work
Letâs say your listingâs nightly rate is $200. A guest sees an additional $50 âservice feeâ at checkout. You may assume that fee goes entirely to the booking platformâbut it could be split, with a portion going directly to your management company. This extra revenue stream often isnât disclosed in your contract, and itâs not always factored into the ownerâs share.
Why STR PM Companies Donât Tell You
There are a few reasons:
Perception of Lower Costs â By keeping their âofficialâ management fee low, companies look more competitive.
Extra Revenue Stream â Hidden booking fees can significantly boost their bottom line without raising your direct costsâat least visibly.
Owner Awareness â Many owners focus on nightly rates and occupancy, not realizing other income is being generated.
Why This Matters for Owners
Hidden booking fees can:
Make your property seem more expensive to guests, lowering conversion rates.
Reduce transparency in your revenue reporting.
Potentially violate platform rules if not handled properly.
Over time, these fees can impact your reviews, occupancy rates, and total earnings.
How to Protect Yourself
Ask Directly â When interviewing a PM company, ask: Do you add any booking, service, or admin fees beyond the platformâs fees?
Review Contracts Carefully â Look for vague terms like âservice chargesâ or âadmin feesâ and clarify who keeps them.
Test as a Guest â Make a mock booking to see exactly whatâs charged at checkout.
Request Full Revenue Reports â Ask for a breakdown of all income related to your property, not just the portion paid to you.
Hidden booking fees are a quiet but impactful way STR property management companies can increase their profitsâoften at the expense of transparency. The best companies will be upfront about every dollar charged and earned, so you can make informed decisions about your investment.

Outer Banks, North Carolina đ
Downloadable Outer Banks, North Carolina Short-Term Rental Market Report
|

Average Daily Rate (ADR): $517.39 per night
Occupancy Rate: 61.63%
Annual Revenue Potential: Around $91,615 per year
Read our full Outer Banks, North Carolina Short-Term Rental Market Report attached above.
Lake Placid, New York đś
Downloadable Lake Placid, New York Short-Term Rental Market Report
|

Average Daily Rate (ADR): $569 per night
Occupancy Rate: 44.47%
Annual Revenue Potential: Around $80,038 per year
Read our full Lake Placid, New York Short-Term Rental Market Report attached above.
đŹ See our collection of 70+ market reports here: Prior Trending Market Reports

đąTikTok Launches Simplified Affiliate Program for Hotel Promotions
TikTok has introduced TikTokâŻGo, a new simplified affiliate marketing programâinitially focused on hotel promotionsâthat allows creators to tag their location and specific hotels in posts to earn commissions from direct referrals.
đď¸ Glamping demand matches tents, RMS report finds
Luxury outdoor stays have reached a milestone, with glamping options such as yurts, domes, and treehouses now matching tents as campersâ top accommodation choice in the US, according to the 2025 State of Outdoor Hospitality Report from RMS.
đ¸ Airbnb to Move Property Managers to a âSingle-Feeâ Payment System
You can expect many hosts to switch to the single-fee model, where guests won't see a service fee when booking. The alternative is to lose a lot of business.
đ¸Mortgage Rate Watch â September 4th, 2025
Current Mortgage Rates (as of September 4, 2025):
30âYear Fixed: 6.49âŻ% (â0.04âŻ%)
15âYear Fixed: 5.85âŻ% (â0.03âŻ%)
30âYear Jumbo: 6.42âŻ% (â0.05âŻ%)
30âYear FHA: 6.05âŻ% (â0.04âŻ%)
30âYear VA: 6.07âŻ% (â0.03âŻ%)
7/6 SOFR ARM: 5.82âŻ% (â0.09âŻ%)
Market Overview: Mortgage rates dipped modestly today, maintaining near the lowest levels since late 2024. The spread between survey-based averages and MNDâs rate index is narrowingâhighlighting stable bond market conditions and waning volatility.
Rate Trends & Forecast:
Short-Term: Expect continued calm in mortgage markets, with minor pullbacks possible as bond yields adjust and economic data unfolds.
Long-Term: While a Fed rate cut is anticipated in coming weeks, analysts caution that mortgage ratesâparticularly 30-year fixed ratesâmay not fall significantly unless long-term yields and inflation expectations soften further. Adjustable-rate mortgages (ARMs), however, could offer more noticeable savings if shorter-term rates decline.
For real-time mortgage rate updates, visit Mortgage News Daily.

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Subscriber Perks:
đđĄđ° Go Live Playbook
The "Go Live Playbook" is your all-in-one guide featuring a beginnerâs guide e-book, messaging templates, Airbnb welcome book, STR buy box template, and tax savings tips to kickstart your short-term rental success.
Community Perks with The STR Report
đ Top-Tier Property Management â Lower fees, higher payouts, and premium service. Built for investors who want performance and peace of mind. See how much more your property could earnâclick to get your free performance assessment.
đ Personal Airbnb Investment Finder â Connect with an expert to handpick profitable Airbnb properties that match your criteria. With 213+ successful deals, all cash-flowing, youâre in good hands. Take 15 seconds to fill out the form to see how all of these properties are experiencing a 10-15% Cash-on-Cash return.
đ¤ STR Loans & More â Need funding for your next short-term rental? Expect expert guidance, personalized service, and the best possible rates.
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