Tell me, do you have any priority countries for the development of your project, or will you simultaneously develop a worldwide hotel booking system on the blockchain?
or focus on some of the more popular tourist destinations?
Topic: [ANN][ICO] GOeureka — Blockchain hotel booking platform - page 21. (Read 40450 times)
What is the procedure of booking Hotel by using Crypto currency? Is it easy for Hotels to accept crypto currency directly?
It is not going to be easy for hotels to accept crypto currency payments directly. Now a days Hotel booking Industry is monitored by giant OTAs. All of them are not using crypto payment gateway. Therefore, for bookings that are made via crypto currency, Goeureka will carry out the conversion from Crypto to Fiat and pay out the hotels (with no commissions charged). We will also be accepting payments via Credit cards and our GOT token. Any booking made via credit cards and other cryptocurrencies will be charged a 5% transaction fee. The benefit of using Go token is that the customer will not be liable to pay the 5% transaction fee and will be able to access further discounts for hotel rooms that are connected to our platform. GO token will be utilized to access discounts for hotel rooms on the GOeureka platform and to facilitate the inter-operability of hotel loyalty rewards. Every hotel knows the fiat value of their loyalty reward point and They will work on a solution for customers to convert their existing hotel points to a fiat value (GO credits) and utilize these credits towards a room booking at another hotel on our platform.
What is the procedure of booking Hotel by using Crypto currency? Is it easy for Hotels to accept crypto currency directly?
Why do people need help of the third party booking sites, while book a Hotel?
Now a days, Hotels are not willing to deal directly to customers, just because they are getting business by the third party booking sites(OTAs). In today’s market there are various giant OTAs to provide business to Hotels. Hotels are totally dependent on OTAs, that’s why every one needs these mediator for book a Hotel. Although OTAs are providing business to Hotels but they charge a huge commission for this. Hotels have to full fill their all demands any how. Looking these major problems a new and fresh platform GOeureka has been launched.
As a technology partner GOeureka's vision is very clear and simple.The GOeureka platform leverages blockchain technology to position itself as an unbiased and transparent technology partner to hotels, transforming traditional loyalty systems and delivering increasing value to all hotels and their customers. GO aims to create a new symbiosis where hotels maintain control over their brand while unlocking unprecedented value for consumers on its platform. GOeureka wants to disrupt the OTA dominance as they charge commission ranging from 15% to 30% which effect hotels profit margin and they also have terms and conditions which sometimes are unfavorable and moreover small hotels are not able to adopt new technology due to there terms and conditions.
Why do people need help of the third party booking sites, while book a Hotel?
Now a days, Hotels are not willing to deal directly to customers, just because they are getting business by the third party booking sites(OTAs). In today’s market there are various giant OTAs to provide business to Hotels. Hotels are totally dependent on OTAs, that’s why every one needs these mediator for book a Hotel. Although OTAs are providing business to Hotels but they charge a huge commission for this. Hotels have to full fill their all demands any how. Looking these major problems a new and fresh platform GOeureka has been launched.
Why do people need help of the third party booking sites, while book a Hotel?
What is the future of the world travel industry?
The Travel Industry is one of the fastest growing sectors of the world economy. The importance of tourism in the world is constantly increasing, which is due to the increased influence of tourism on the economy of a particular country. The tourist business today is one of the most profitable and promising. It is expected that the tourism business will reach 8,736.1 billion US dollars by 2020. A large share in this area is occupied by the hotel business. The hotel business is one of the big investments in the global tourism industry, and now online agents dominate this sector. These agents generate about 70% of the traffic in online hotel booking, which affects direct hotel bookings, rates of return and loyalty programs.
As per the information Goeureka work on this strategies and they have planed a Where they gets more profitable. GOeureka undertakes not to charge commissions for paid search sites or exclusive promotions. Interfaces for managing via the Internet will also be available. The company will not set conditions for parity rates for hotels on the GO platform, allowing hotels to list rooms at any price they deem appropriate. Also, cryptocurrency payment processing, direct guest communication, a new generation loyalty program, targeted marketing and media and community development will be available.
What is the future of the world travel industry?
The Travel Industry is one of the fastest growing sectors of the world economy. The importance of tourism in the world is constantly increasing, which is due to the increased influence of tourism on the economy of a particular country. The tourist business today is one of the most profitable and promising. It is expected that the tourism business will reach 8,736.1 billion US dollars by 2020. A large share in this area is occupied by the hotel business. The hotel business is one of the big investments in the global tourism industry, and now online agents dominate this sector. These agents generate about 70% of the traffic in online hotel booking, which affects direct hotel bookings, rates of return and loyalty programs.
What is the future of the world travel industry?
The Travel Industry is one of the fastest growing sectors of the world economy. The importance of tourism in the world is constantly increasing, which is due to the increased influence of tourism on the economy of a particular country. The tourist business today is one of the most profitable and promising. It is expected that the tourism business will reach 8,736.1 billion US dollars by 2020. A large share in this area is occupied by the hotel business. The hotel business is one of the big investments in the global tourism industry, and now online agents dominate this sector. These agents generate about 70% of the traffic in online hotel booking, which affects direct hotel bookings, rates of return and loyalty programs.
What is the future of the world travel industry?
What is the Meaning of automatic rebooking in terms of GOeureka? does it change the hotels or change the rates.?
NO,Basically Rebooking is not the change in the hotel destination it about the change in the rates,GOeureka platform is a live platform for Hoteliers and consumers as well. Consumers will be notified instantly about the fair drop-down. Consumers will enjoy automatic post-booking discounts for their stays through GOeureka’s patent-pending rebooking feature. The GOeureka rebooking algorithm detects when a hotel rate drops and automatically re-books an existing booking (qualified bookings that have not passed and are within valid cancellation policies) at the lower rate. Travelers will be notified of their discounted stay. When hotels choose to drop their rates on the GOeureka platform, they will receive a summary report on the affected bookings and the total discounts provided by the rate cut. This will allow hotels to make truly informed decisions that are beneficial to themselves and their guests.
What is the Meaning of automatic rebooking in terms of GOeureka? does it change the hotels or change the rates.?
Does GOeureka deal in the airlines booking industry?
Not now, GOeureka is not dealing in any other industry except Hotel Booking. But this idea is also in there pipeline. Once they start the Hotel booking platform They can think about and come with other unique ideas and platform.
Does GOeureka deal in the airlines booking industry?
GOeureka is going to remove the mediator's role, so what is their benefit in this, or how will GOeureka maintain their revenue?
It’s true that GOeureka is going to remove the relevancy of hotels on OTAs. In spite of this Goeureka is not going to charge a single bit of amount to consumers and Hoteliers as well. If the consumer is making the transaction via debit or credit card and cryptocurrency then he must pay 5% transaction fee for all payments. To maintain the revenue we have launched our GO token(GOT). Consumers are free to make payment via their desirable method but if they are using the GOT, this transaction will be absolutely free.The GO Token is a digital token or virtual currency designed to facilitate transactions on the GO platform for the purchase of room nights, hotel services, and other internal processes and payments within the GO infrastructure. Not only that GO will provide a 5%–15% savings on all GO Token redemption on the platform. Payments made via using GO Tokens will NOT be charged any fees on our platform. This is to protect the interest of all our token holders moving forward.
GOeureka is going to remove the mediator's role, so what is their benefit in this, or how will GOeureka maintain their revenue?
What is their Development roadmap. Are they are working as they have planned.
As I Read there white paper I found that there Roadmap is quite fascinating and if they work as per there planned way then definatly they will get the best results.I am here sharing there Roadmap as you requested.
From December 2017 to February 2018
Develop MVP and Smart Contract
GO Pre
Sales Tokens March-August 2018
Launch GO Code Out website
development and booking application
Marketing and connection with potential partners
September-December 2018
Beta test launches products related to hotels
launches market products
loyalty point of development
GO platform to start and accept placement
Launch marketing campaigns and attract digital customers
2019
Building partnership with major hotel corporations
Develop loyal followers with the integration of vBulletin
Development of many cryptocurrency payments
2020
Expand the loyalty network in all industries
has a wide range of global markets
develop a loyal blockchain network
Great customer analysis and data analysis
Yes as per there White paper they have planned so efficiently and we wish and hope that they will make it possible to come true on their investors hopes and that will change the complete hotel chain industry as their project base is as helpful as much we can imagine.
What is their Development roadmap. Are they are working as they have planned.
As I Read there white paper I found that there Roadmap is quite fascinating and if they work as per there planned way then definatly they will get the best results.I am here sharing there Roadmap as you requested.
From December 2017 to February 2018
Develop MVP and Smart Contract
GO Pre
Sales Tokens March-August 2018
Launch GO Code Out website
development and booking application
Marketing and connection with potential partners
September-December 2018
Beta test launches products related to hotels
launches market products
loyalty point of development
GO platform to start and accept placement
Launch marketing campaigns and attract digital customers
2019
Building partnership with major hotel corporations
Develop loyal followers with the integration of vBulletin
Development of many cryptocurrency payments
2020
Expand the loyalty network in all industries
has a wide range of global markets
develop a loyal blockchain network
Great customer analysis and data analysis
What is their Development roadmap. Are they are working as they have planned.
To decentralize the edifice booking sector and deliver bigger transparency by permitting hotels to directly connect with their customers. Aims to produce a dynamic digital expertise to users and eradicate the High Commission structures obligatory by online travel agents, By reducing the monetary commitments of hotels to third-party booking platforms.
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