VenueMagnet: A No Host-Fee Alternative to Peerspace and Giggster

If you rent out a venue, platform fees can make a real difference.

Peerspace and Giggster are two of the better-known websites for booking event spaces, filming locations, photo shoot locations, and private venues. Both can be useful, but hosts should understand how the fee structure affects their payout.

At the time this article was written, Peerspace listed its host service fee at 20%, and Giggster listed its host commission at 19%. On top of those host-side fees, both platforms also charge guests a separate processing fee, meaning fees can apply on both sides of the booking.

VenueMagnet does not charge hosts a commission. Instead, VenueMagnet charges a small $29 reservation fee to the guest, not the host.

The Fee Difference Is Simple

On a $1,000 booking, a 20% host fee would cost the host $200. A 19% host commission would cost the host $190. With VenueMagnet, the host pays $0 in commission.

The difference becomes more noticeable on larger bookings. On a $2,500 booking, a 20% host fee would be $500. On a $5,000 booking, it would be $1,000.

For many venue owners, that is not a small detail. It can affect how they price the space, how much they keep, and whether the booking is worth taking.

Why Hosts May Want Another Option

Hosts already have real costs to think about, including cleaning, setup time, utilities, staffing, insurance, maintenance, and general wear on the property. A large platform commission adds another cost on top of those expenses.

VenueMagnet is built to keep the host side simpler. Hosts can list their space, receive inquiries, and decide which opportunities make sense without giving up a percentage of the rental amount.

A Useful Additional Channel

VenueMagnet does not need to replace Peerspace, Giggster, or any other platform to be useful. Many hosts choose to list their spaces in more than one place.

The difference is that VenueMagnet gives hosts another way to be found without charging them a host commission. For guests, it is another way to discover private event spaces, filming locations, photo shoot locations, creative spaces, and unique venues.

Bottom Line

Peerspace and Giggster are established platforms, but their host-side fees can take a noticeable cut from each booking.

VenueMagnet is a no host-fee alternative for venue owners who want another place to receive inquiries while keeping more control over their pricing and payout.