The hosting platform, which launched in 2008 as a way for those with spare rooms or homes to rent them to guests, will introduce a new fee structure for professional hospitality businesses listing with them after June 4 that eliminates any fee being passed on to guests.

Instead of its traditional set up whereby hosts pay a 3 per cent fee and guests up to 20 per cent of the nightly charge, independent hotels and hospitality companies will pay a “host-only” fee of between 14 and 20 per cent with no charge going to the guest.

The change comes as Airbnb positions itself as an end-to-end travel provider, selling services such as flights and car bookings via third party providers as well as experiences, ahead of a rumoured initial public offering.

Related: Airbnb eliminates most guest fees to take on Booking.com