Topic: [ANN][ICO] GOeureka — Blockchain hotel booking platform - page 16. (Read 40439 times)
In today's market, Booking.com is a huge name for online hotel booking Industry. Most importantly we all are aware that this is also an Online Travel Agent (OTA), which called a middle man or third party. So how does Booking.com make money? Or what percentage they charge from hoteliers and consumers as well.
We can see GOeureka is a travel tech company that uses block chain technology to build a hotel booking platform. They also have a mission to decentralize the hotel booking sector and provide better transparency by allowing hotels to connect directly with their customers and removing all third parties. GOeureka coming up with such nice features already stands it out in the industry.
In response to the growing power of OTA's, GOeureka is dedicated to becoming an unbiased and transparent technology partner for hotels by providing a commission-free online booking platform that leverages blockchain technology to transform traditional loyalty programs and deliver increasing value to all consumers.
Hi all, as we know that GOeureka is going to finish the role of any middle man(Online travel agencies). So how will they drive Community Development and Direct Guest Connection?Because we all know that By using GOeureka platform we can save our hardened money that we were wasting to pay commissions to the third parties.
As much as I know about it, GO will engage the community by creating a sandbox that enables developers, travelers, and hoteliers to propose new ideas and features for the platform. Consumers will be rewarded for features implemented within the GO platform, and together the future of online hotel booking can be shaped by everyone. Hi, We all are aware about the impact of third party booking sites on our lives. We all are affected from this but, the main thing is Hotels are also suffering from commissions and conditions imposed by current OTAs. So how much money do hotels lose when customers use Hotels.com and similar websites?
Actually, These sites like Hotels.com and others are OTAs. Hotels totally dependent on these third parties now a days. There is a huge “direct booking” movement in the hotel industry centered around just this issue. In 1996 when Expedia was founded, these fees were ~5% which is very normal. Today those fees can be as high as 25% for independent hotels which is astonishing and kills profitability for these businesses.Manage Bookings Easily: -It is easy to View all your bookings together. Confirm, cancel, view all your bookings from different customers.
Hotels Integration; -GO will provide APIs for these hotels to link their inventory and reservation systems.
Manage Inventory and Pricing at the same place
Loyalty Programme, etc.
Hi, We all are aware about the impact of third party booking sites on our lives. We all are affected from this but, the main thing is Hotels are also suffering from commissions and conditions imposed by current OTAs. So how much money do hotels lose when customers use Hotels.com and similar websites?
Actually, These sites like Hotels.com and others are OTAs. Hotels totally dependent on these third parties now a days. There is a huge “direct booking” movement in the hotel industry centered around just this issue. In 1996 when Expedia was founded, these fees were ~5% which is very normal. Today those fees can be as high as 25% for independent hotels which is astonishing and kills profitability for these businesses.Hi all, as we know that GOeureka is going to finish the role of any middle man(Online travel agencies). So how will they drive Community Development and Direct Guest Connection?Because we all know that By using GOeureka platform we can save our hardened money that we were wasting to pay commissions to the third parties.
As much as I know about it, GO will engage the community by creating a sandbox that enables developers, travelers, and hoteliers to propose new ideas and features for the platform. Consumers will be rewarded for features implemented within the GO platform, and together the future of online hotel booking can be shaped by everyone.
We can see GOeureka is a travel tech company that uses block chain technology to build a hotel booking platform. They also have a mission to decentralize the hotel booking sector and provide better transparency by allowing hotels to connect directly with their customers and removing all third parties. GOeureka coming up with such nice features already stands it out in the industry.
Hi, We all are aware about the impact of third party booking sites on our lives. We all are affected from this but, the main thing is Hotels are also suffering from commissions and conditions imposed by current OTAs. So how much money do hotels lose when customers use Hotels.com and similar websites?
Actually, These sites like Hotels.com and others are OTAs. Hotels totally dependent on these third parties now a days. There is a huge “direct booking” movement in the hotel industry centered around just this issue. In 1996 when Expedia was founded, these fees were ~5% which is very normal. Today those fees can be as high as 25% for independent hotels which is astonishing and kills profitability for these businesses.
Hi, We all are aware about the impact of third party booking sites on our lives. We all are affected from this but, the main thing is Hotels are also suffering from commissions and conditions imposed by current OTAs. So how much money do hotels lose when customers use Hotels.com and similar websites?
We all are aware from the third party booking sites and their advantages. This is clear that they have fully occupied the Online Hotel booking Industry nowadays. So I have heard several times by the various people stating that this is not too easy for GOeureka to disrupt the third party booking sites. But GO claims to do the same, here is the question is it really easy?
First of all, I would really like to explain, what I have observed that the GOeureka team are accomplishing an active advertising campaign to draw motels from everywhere in the global to this platform. In my opinion, one of the most important blessings of the platform is the fact that it’s far just a middleman among customers and hotels. There may be no binding on both side. In this example, inns have complete freedom of movement to offer their customers unique offers for the price, etc. inside the case of traditional agencies, hotels are obliged to conform with the charge particular inside the agreement with the agency.We all are aware from the third party booking sites and their advantages. This is clear that they have fully occupied the Online Hotel booking Industry nowadays. So I have heard several times by the various people stating that this is not too easy for GOeureka to disrupt the third party booking sites. But GO claims to do the same, here is the question is it really easy?
First of all, I would really like to explain, what I have observed that the GOeureka team are accomplishing an active advertising campaign to draw motels from everywhere in the global to this platform. In my opinion, one of the most important blessings of the platform is the fact that it’s far just a middleman among customers and hotels. There may be no binding on both side. In this example, inns have complete freedom of movement to offer their customers unique offers for the price, etc. inside the case of traditional agencies, hotels are obliged to conform with the charge particular inside the agreement with the agency.
We all are aware from the third party booking sites and their advantages. This is clear that they have fully occupied the Online Hotel booking Industry nowadays. So I have heard several times by the various people stating that this is not too easy for GOeureka to disrupt the third party booking sites. But GO claims to do the same, here is the question is it really easy?
Hi all, as we know that GOeureka is going to finish the role of any middle man(Online travel agencies). So how will they drive Community Development and Direct Guest Connection?Because we all know that By using GOeureka platform we can save our hardened money that we were wasting to pay commissions to the third parties.
As much as I know about it, GO will engage the community by creating a sandbox that enables developers, travelers, and hoteliers to propose new ideas and features for the platform. Consumers will be rewarded for features implemented within the GO platform, and together the future of online hotel booking can be shaped by everyone. Hi all, as we know that GOeureka is going to finish the role of any middle man(Online travel agencies). So how will they drive Community Development and Direct Guest Connection?Because we all know that By using GOeureka platform we can save our hardened money that we were wasting to pay commissions to the third parties.
As much as I know about it, GO will engage the community by creating a sandbox that enables developers, travelers, and hoteliers to propose new ideas and features for the platform. Consumers will be rewarded for features implemented within the GO platform, and together the future of online hotel booking can be shaped by everyone.
Hi all, as we know that GOeureka is going to finish the role of any middle man(Online travel agencies). So how will they drive Community Development and Direct Guest Connection?Because we all know that By using GOeureka platform we can save our hardened money that we were wasting to pay commissions to the third parties.
Well, I have been visiting this forum for a couple of months and seriously I have gained lots of knowledge. Basically, I am a traveller and I use to travel here and there across the world. I have asked several questioned here and got satisfactory answers as well. I am really a wellwisher of GOeureka platform. But in the last reply, there was a term Universal GO App, Can I get clarification about it?
As per me, The GO App will enable travelers to track their hotel bookings and manage their stay with any GO partner hotel, as well as keep tabs on loyalty points and programs, directly through their smartphone! On the day of their arrival guests may check-in to their accommodation using the GO App, and will then have access to features enabled at the hotel. Features available could include room key management (eliminating the risk of lost keys and room number privacy), room service, concierge chat, housekeeping, and a directory of hotel and local area events.Well, I have been visiting this forum for a couple of months and seriously I have gained lots of knowledge. Basically, I am a traveller and I use to travel here and there across the world. I have asked several questioned here and got satisfactory answers as well. I am really a wellwisher of GOeureka platform. But in the last reply, there was a term Universal GO App, Can I get clarification about it?
As per me, The GO App will enable travelers to track their hotel bookings and manage their stay with any GO partner hotel, as well as keep tabs on loyalty points and programs, directly through their smartphone! On the day of their arrival guests may check-in to their accommodation using the GO App, and will then have access to features enabled at the hotel. Features available could include room key management (eliminating the risk of lost keys and room number privacy), room service, concierge chat, housekeeping, and a directory of hotel and local area events.
Well, I have been visiting this forum for a couple of months and seriously I have gained lots of knowledge. Basically, I am a traveller and I use to travel here and there across the world. I have asked several questioned here and got satisfactory answers as well. I am really a wellwisher of GOeureka platform. But in the last reply, there was a term Universal GO App, Can I get clarification about it?
As we all are familiar with the third party booking sites that called OTA, it is true that they charge commission from us. But as per my knowledge, they are providing us comfort and all. That's why they are covering 70% of hotel booking traffic. So my question is, how GOeureka make things better?
Of course, We all are used to for OTAs. But, Whether travelling for work or pleasure, domestically or abroad, one of the biggest expenses to tackle is accommodation. Even when you’ve found the best deal available it can still often feel like you’ve overpaid, and for good reason; you probably have With the rise in online bookings, hotel rates are being pushed up by Online Travel Agents (OTAs) such as Expedia and Price-line who can be charging hoteliers commission fees as high as 15–30%. With their margins reduced, hotels often have little choice but to increase their prices and/or cut costs elsewhere (both of which will be felt by their guests).As we all are familiar with the third party booking sites that called OTA, it is true that they charge commission from us. But as per my knowledge, they are providing us comfort and all. That's why they are covering 70% of hotel booking traffic. So my question is, how GOeureka make things better?
Of course, We all are used to for OTAs. But, Whether travelling for work or pleasure, domestically or abroad, one of the biggest expenses to tackle is accommodation. Even when you’ve found the best deal available it can still often feel like you’ve overpaid, and for good reason; you probably have With the rise in online bookings, hotel rates are being pushed up by Online Travel Agents (OTAs) such as Expedia and Price-line who can be charging hoteliers commission fees as high as 15–30%. With their margins reduced, hotels often have little choice but to increase their prices and/or cut costs elsewhere (both of which will be felt by their guests).Jump to: