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Manage Payouts and Bank Accounts for Direct Bookings

Understand how Direct booking payouts work, how bank accounts are assigned, and where to manage payout settings

Written by Dawn Ginie Santoyo

Once your bank account is set up and verified, you can manage payout settings, track payout activity, and control how payouts are assigned to your properties.

This article explains how payouts work for Direct bookings, where to view payout activity, and how bank accounts are managed inside Hospitable.


How Direct Booking Payouts Work

Payout behavior depends on your Direct plan:

Direct Basic

  • Payments are processed through Stripe

  • Funds are sent directly to your connected Stripe account

  • A service fee may apply depending on your plan

Direct Premium

  • Payments are processed through Hospitable

  • Payouts are sent to your connected bank account

  • Hospitable manages payout scheduling and transfers

Direct Basic and Direct Premium use different payout providers and payout workflows.


Where to View Payouts

To track payouts:

  • Go to Direct → Payout History

    or

  • Go to Settings → Payment & Payouts → Payouts

You’ll see:

  • Upcoming payouts

  • Scheduled payouts

  • Completed payouts (Settled)

  • Failed payouts

Each payout includes:

  • Property name

  • Reservation code

  • Payout amount

  • Linked bank account (with the last 4 digits of the account number)

  • Payout ID and ​payout trace ID (PSP reference)

  • ​Routing number​ of the receiving bank

  • Status and payout date

Direct payout history page showing scheduled, settled, and failed payouts with amounts and reservation details


Understanding Payout Statuses

Payouts move through different statuses during processing.

Scheduled/Upcoming

The payout has been created and is waiting to be processed.

Settled/Paid

The payout has been sent successfully. “Settled” means the payout has been sent. Your bank may still take several business days to complete the deposit.

Failed

The payout could not be completed and will need to be retried after the issue is resolved.

If your payout history shows a failed payout, the red banner now tells you the exact reason it failed. Each reason has its own resolution path — some are self-serve, others need our team to fix on the back end. For a full breakdown of every failure message and what to do for each, see Understanding Payout Failure Messages.

If you don't see a specific reason, the troubleshooting steps below still apply.


Payout Timeline

For Direct Premium bookings:

  1. Booking is confirmed

  2. Guest checks in

  3. Payout is initiated (within 24 hours after check-in)

  4. Status changes to Settled/Paid

  5. Funds arrive in your bank (typically 3–5 business days)

Most bank transfers arrive within 3–5 business days after the payout is marked as Settled.


For a full list of failure reasons and how to resolve each one, see Payout Failures on Direct Bookings and Understanding Payout Failure Messages.


How Bank Accounts Are Applied to Bookings

Each property must be linked to a payout account.

When a booking is accepted:

  • The payout account assigned to that property is locked for the reservation

  • Future changes to payout settings only apply to future bookings

This means:

  • Existing bookings continue paying out to the originally assigned account

  • Updating a payout account does not redirect payouts for existing reservations

If a payout appears to go to the wrong account, the booking was usually created before the payout assignment was updated.


Manage Bank Accounts

To manage bank accounts:

Go to Settings → Payments & Payouts → Bank Accounts

From here, you can:

  • Add bank accounts

  • Rename bank accounts

  • Delete/archive accounts

  • Verify payout accounts

  • Assign accounts to properties

  • Update property assignments

Bank account settings showing property assignment dropdown in Hospitable


Assign Bank Accounts to Properties

Each property must be linked to a bank account.

To update assignment:

  1. Go to Settings → Payments & Payouts → Bank Accounts

  2. Select a bank account

  3. Assign or update properties

Payouts will fail if a property is not linked to a bank account or is linked to an unverified account.


Delete a bank account

If you no longer use a bank account, you can delete it so it stops appearing in your payout settings.

How to delete a bank account

  1. Go to Settings → Payments & Payouts → Bank Accounts

  2. Select the bank account you want to delete

  3. Click Delete

A screenshot of the Bank Accounts tab in Hospitable showing a payout method with the Delete button highlighted.

Deleting a bank account in Hospitable archives it rather than permanently removing it. Your payout history and any past statements remain intact. If you deleted a bank account by mistake, contact Hospitable Support and we can restore it for you.

When you cannot delete a bank account

Hospitable only lets you delete a bank account when it is not in active use. If the Delete button is greyed out, a tooltip shows you why. A bank account cannot be deleted while any of the following are true:

  • It is enabled for all of your properties

  • It is set as your default payout method

  • It is assigned to one or more property scopes

  • It has scheduled or initiated payouts

  • It has unlocked payout intents

  • It has pending payout adjustments

  • It is linked to a security deposit that has not yet been claimed, released, or cancelled

A screenshot of a bank account in Hospitable with the Delete button disabled and a tooltip explaining the reason.

What to do if you cannot delete a bank account

To clear each blocker:

  • Enabled for all properties / default payout method — assign a different bank account as your default first, or limit this account to specific properties

  • Property scopes — reassign the affected properties to a different bank account in Settings → Payments & Payouts → Bank Accounts

  • Scheduled or initiated payouts — wait for the payout to complete, or cancel the scheduled payout from your statements

  • Unlocked payout intents / pending adjustments — resolve them from the statement they belong to

  • Outstanding security deposits — wait until each deposit is claimed, released, or cancelled


How payout method changes affect your reservations

Payout methods are locked to a reservation when the booking is created. Updating your payout method only changes where future bookings are paid out — it does not redirect funds from existing reservations.

What happens when you change a payout method

  • Future reservations: Automatically use the new payout method assigned to the property (or the new default).

  • Existing reservations (accepted or unaccepted): Stay tied to the payout method that was active when the reservation was created. Changing the default after the fact does not redirect their funds.

  • Completed bookings: Funds already paid out are not moved automatically.

Moving an existing reservation's payout to a different bank account

Existing reservations can't be reassigned from the app, but our support team can update them on the backend if all of the following are true:

  • Both the original and the new payout method are verified.

  • There are no pending or uncollected payment terms on the reservation.

To request this, contact Hospitable support with the reservation code(s) and the bank account you want the payout to go to.


Delayed Payouts

Payouts may take longer than expected in some situations.

Common causes include:

  • Last-minute bookings near check-in

  • Bank processing delays

  • Recently verified payout accounts

  • Payment processing review periods

If a payout is marked as Settled, the transfer has already been sent successfully. Your bank may still require additional processing time before the funds appear in your account.


Payouts Sent to the Wrong Account

If a payout was sent to the wrong account:

  • Contact Hospitable Support immediately if the payout has not settled yet

  • Settled payouts usually cannot be reversed due to banking system limitations

To avoid payout routing issues:

  • Confirm property assignments before accepting bookings

  • Verify payout accounts before enabling Direct bookings


OTA Payouts vs Direct Booking Payouts

Hospitable only manages payouts for Direct bookings.

For OTA reservations:

  • Airbnb manages Airbnb payouts

  • Booking.com manages Booking.com payouts

  • Vrbo official booking payouts are handled by Hospitable

You must check the OTA platform directly for non-Direct payout details.


What Happens When You Downgrade Your Direct Plan

If you downgrade your Direct plan:

  • Existing bookings continue paying out normally

  • Payout account assignments remain active

  • Upsell payouts continue processing

  • Future payout behavior follows your new Direct plan

If your payout account is still unverified after downgrading, payouts remain on hold until verification is completed.

Changing Direct plans does not cancel pending payouts or reroute existing reservations.


Important Things to Know

  • Payouts require a verified bank account

  • Each property must be linked to a payout account

  • Bank account changes only affect future bookings

  • “Settled” does not mean the funds have already arrived

  • Existing reservations continue using the payout account assigned at booking time

Always confirm your payout setup before accepting new bookings to avoid payout delays or routing issues.

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