Airbnb - Traveller Payments
This article describes how traveller payments work with Airbnb and what the implications are for property managers.
Airbnb acts as the merchant of record for all bookings, meaning it collects payments directly from traveler's. This is because Airbnb manages all transactions within its own platform, without relying on third-party payment processors. It determines when to charge guests and when to release funds to hosts or property managers, while maintaining full transaction records. However, hosts or managers remain responsible for reporting their income for tax purposes and ensuring their rental activities comply with local regulations.
NextPax provides intelligence on all pay-out transactions made by Airbnb in the Transaction Overview - you can find more details on the transaction overview in this article.
https://support.nextpax.com/airbnb-transactions