Description of the Direct Booking Savings Calculator
The Direct Booking Savings Calculator is a simple yet powerful tool designed to help short-term rental property owners and managers understand the financial advantages of shifting bookings from online travel agencies (OTAs) to their own direct booking website. By entering key metrics like your monthly revenue, OTA fees, and the percentage of bookings you aim to acquire through direct channels, you can see the potential savings and increased revenue generated by minimizing OTA fees.
This calculator also accounts for the low monthly cost of onNinth’s direct booking platform, giving you an accurate estimate of your true revenue increase. It serves as a compelling demonstration of how investing in a direct booking website can significantly improve profitability.
Savings Calculator
| Monthly Revenue ($): | |
| Average OTA Fee (%): * OTA Guest + Host Fee range is 15-30%. AirBNB is 18%, VRBO is 20%+ and Booking.com is also 20%+ | |
| Total Monthly OTA Fee ($): | |
| Direct Booking %: * Ideally you want 100% through your direct booking, however that is not a true representation. 50% is achievable while the other 50% come through the channel. | |
| Direct Booking Revenue ($): | |
| OTA Fee Saved ($): | |
| onNinth Monthly Fee ($): * Based on one property and our Business plan @ 15/mth. | |
| Increased Monthly Revenue ($): |
How to Use the Calculator
- Enter Your Monthly Revenue ($):
Input the total revenue you generate from your rental property in a month. - Set Your Average OTA Fee (%):
This is the percentage you pay to OTAs such as Airbnb, VRBO, or Booking.com for each booking. Typically, this fee ranges from 15% to 30%. Adjust this value to reflect your actual OTA fee. - View the Total Monthly OTA Fee ($):
The calculator will automatically compute the total amount you are paying in OTA fees each month. - Set Your Direct Booking Percentage (%):
Estimate the percentage of your bookings you aim to move to direct bookings. While 100% is ideal, a realistic goal is 50% for most property managers. - Review the Direct Booking Revenue ($):
This value represents the revenue generated from bookings you receive through your direct website. - View OTA Fee Saved ($):
This figure shows how much you save in OTA fees by transitioning bookings to your direct website. - Account for the Monthly onNinth Fee ($):
For accuracy, the calculator includes the small $15/month cost of using the onNinth direct booking platform. - See the Increased Revenue ($):
This is your net gain, showing how much additional revenue you earn by reducing OTA dependence, factoring in onNinth’s low monthly fee.