Do you really think that hotels are really enough reliant in OTA's industry? The online travel agents business was a model initially adopted by hotels as a means to clear unsold inventories. However, the entry and rapid expansion of OTA's are reshaping the travel industry. Hotels now rely heavily on OTA's for online sales, and not just as a channel for clearing unsold inventories. Goeureka will be providing a user friendly interface for better handling of bookings and inventories as mentioned in there white paper.
The increasing influence of OTAs over hotels has had severe effects on hotel margins, especially for smaller hotel brands. While larger hotel chains are able to negotiate lower commissions given their global exposure and market strength. Independent brands face OTAs commissions as high as 30% of the room fee. It will be a big chase for Goeureka to achieve the things what they want. 
Topic: [ANN][ICO] GOeureka — Blockchain hotel booking platform - page 32. (Read 40450 times)
Do you really think that hotels are really enough reliant in OTA's industry? The online travel agents business was a model initially adopted by hotels as a means to clear unsold inventories. However, the entry and rapid expansion of OTA's are reshaping the travel industry. Hotels now rely heavily on OTA's for online sales, and not just as a channel for clearing unsold inventories. Goeureka will be providing a user friendly interface for better handling of bookings and inventories as mentioned in there white paper.
GOeureka is looking a revolutionary project. I am also waiting for it. I love to travel across the countries so I really want to experience it.The strategies and the Ideas are quite interesting as much i have heard about it.
Of course, GOeureka seems a high potential project. The strategies and the Ideas are quite interesting. I am also very curious about GOeureka from initial time i have heard about it, None of other reasons but they have a lots of attractive features like Automatic re booking, Zero Commission Fee and Inter operable Loyalty Points extras. 
I think this is a really effective and very profitable platform, which is associated with tourism.Given the whole concept that the GOeureka team offers us, we can conclude that this is a very profitable platform for consumption. I see here a lot of advantages for both customers and hotels, I think this is the success of this startup!
As we all know about payment methods, we all face a common issue with traditional payments include prohibitively high fees the lack of transparency by service providers , the need for multiple transacting parties and charge backs.To tackle these issues what could a better option GOeureka can provide?
They are using block-chain technology to overcome the issues which used to occur in traditional payment methods. As this is transparent, fast and reliable and also cost effective so their is no need to worry at all as they are using block-chain.
As we all know about payment methods, we all face a common issue with traditional payments include prohibitively high fees the lack of transparency by service providers , the need for multiple transacting parties and charge backs.To tackle these issues what could a better option GOeureka can provide?
GOeureka is looking a revolutionary project. I am also waiting for it. I love to travel across the countries so I really want to experience it.The strategies and the Ideas are quite interesting as much i have heard about it.
Of course, GOeureka seems a high potential project. The strategies and the Ideas are quite interesting. I am also very curious about GOeureka from initial time i have heard about it, None of other reasons but they have a lots of attractive features like Automatic re booking, Zero Commission Fee and Inter operable Loyalty Points extras.
GOeureka is looking a revolutionary project. I am also waiting for it. I love to travel across the countries so I really want to experience it.The strategies and the Ideas are quite interesting as much i have heard about it.
Hello all, I love to travel across the world, recently i visited to Nepal and Mount Everest. We all know that lots of OTAs are in the field and doing good, and if i say that total a booking industry is fully based on OTA. So it is possible for GO to break their leg from this industry?
I am totally agree with you about it, as we all know that OTAs are giant in this field. But we all are aware that we all have to face various issues with third party booking sites. OTAs are earning much better than hotels. The commission of OTAs affects their profitability due to which hotels are not able to serve better and they have to obey the unwanted terms and conditions imposed by OTAs as they are solely depend upon them for their business but if they use GOeureka platform than they can grow there profit and also able to serve as they are zero commission booking platform and best part is that hotels will be able to interact with customers directly.Hello all, today I going through their whitepaper, I must say this project is quite interesting with lots of great and technical ideas.
Of-course,this seems like a very nice project and this is quite beneficiary in booking of hotels for any individuals as well. It provides an affordable and efficient platform for hotels and consumers to directly engage and transact with each other, removing the inequitable commissions to OTAs that ultimately decrease hotel's margins and increase consumer prices. This is quite easy to understand that how it saves money and boost the benefits from hotels. It has few attractive features like Automatic rebooking, Zero Commission Fee, Interoperable Loyalty Points, Fiat & Cryptocurrency Payment Method and worldwide Coverage At Launch.What If I already have some loyalty points of any particular Hotels..& same I wanted to use for Goeureka. Is that possible in the future?
If yes what are the benefits of using the same loyalty points in hotels registered with Goeureka?
Hi, if we talk about loyalty points, as per my knowledge we can redeem the loyalty points by registering at GO platform. This is very simple to redeem the points of various hotels to GO platform, for example if one has 100 loyalty points. And those loyalty points has a fiat currency value of $100. If he wants to redeem those points then by exchanging those points with GO credit he will get 70$. In this process the hotels are saving their 30 points and consumer can easily utilize those 70$.If yes what are the benefits of using the same loyalty points in hotels registered with Goeureka?
Hello all, I love to travel across the world, recently i visited to Nepal and Mount Everest. We all know that lots of OTAs are in the field and doing good, and if i say that total a booking industry is fully based on OTA. So it is possible for GO to break their leg from this industry?
I am totally agree with you about it, as we all know that OTAs are giant in this field. But we all are aware that we all have to face various issues with third party booking sites. OTAs are earning much better than hotels. The commission of OTAs affects their profitability due to which hotels are not able to serve better and they have to obey the unwanted terms and conditions imposed by OTAs as they are solely depend upon them for their business but if they use GOeureka platform than they can grow there profit and also able to serve as they are zero commission booking platform and best part is that hotels will be able to interact with customers directly.
Hello all, I love to travel across the world, recently i visited to Nepal and Mount Everest. We all know that lots of OTAs are in the field and doing good, and if i say that total a booking industry is fully based on OTA. So it is possible for GO to break their leg from this industry?
Hello all, today I going through their whitepaper, I must say this project is quite interesting with lots of great and technical ideas.
Of-course,this seems like a very nice project and this is quite beneficiary in booking of hotels for any individuals as well. It provides an affordable and efficient platform for hotels and consumers to directly engage and transact with each other, removing the inequitable commissions to OTAs that ultimately decrease hotel's margins and increase consumer prices. This is quite easy to understand that how it saves money and boost the benefits from hotels. It has few attractive features like Automatic rebooking, Zero Commission Fee, Interoperable Loyalty Points, Fiat & Cryptocurrency Payment Method and worldwide Coverage At Launch.
Hello all, today I going through their whitepaper, I must say this project is quite interesting with lots of great and technical ideas.
As we all know that the GOeureka is a travel tech company. In this technology how an inter-operable loyalty network will provide greater utility to hotel customers?
Traditional travel loyalty program points differ by industry segments. An interoperable loyalty network will provide greater utility and value to hotel customers. Metcalfe’s law states that a network increases its value and utility as the number of connected users in the network increases.Based on this, as more customers enroll in hotel loyalty programs on the GO platform, the total value of the program increases as well, ultimately providing greater rewards to customers. GO proposes an interoperable loyalty program that leverages the use of blockchain technology. This will benefit hotels and customers by promoting the hotel's own loyalty rewards program. With the option to convert hotel loyalty points into GO Credits that can be used on the GO platform.
As we all know that the GOeureka is a travel tech company. In this technology how an inter-operable loyalty network will provide greater utility to hotel customers?
What If I already have some loyalty points of any particular Hotels..& same I wanted to use for Goeureka. Is that possible in the future?
If yes what are the benefits of using the same loyalty points in hotels registered with Goeureka?
Hi, if we talk about loyalty points, as per my knowledge we can redeem the loyalty points by registering at GO platform. This is very simple to redeem the points of various hotels to GO platform, for example if one has 100 loyalty points. And those loyalty points has a fiat currency value of $100. If he wants to redeem those points then by exchanging those points with GO credit he will get 70$. In this process the hotels are saving their 30 points and consumer can easily utilize those 70$. If yes what are the benefits of using the same loyalty points in hotels registered with Goeureka?
How can this project be widely known? Because most of the tourists travel through travel companies and OTA's are already covering most of the travel industry?
As per my knowledge and experience, Social media would be the best platform for the marketing of the Goeureka services as most of OTA's are currently using Social media only as they cover almost everyone one way or another.As ICO is still on for Goeureka they might be able to gather enough attention from the investors to make this project a huge success.
How can this project be widely known? Because most of the tourists travel through travel companies and OTA's are already covering most of the travel industry?
As per my knowledge and experience, Social media would be the best platform for the marketing of the Goeureka services as most of OTA's are currently using Social media only as they cover almost everyone one way or another.As ICO is still on for Goeureka they might be able to gather enough attention from the investors to make this project a huge success.
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