With Online Travel Agents (OTAs) charging as much as 15–30% commission fees, driving up costs for travellers and hoteliers alike, the online hotel booking sector is in dire need of a revolution.
Thankfully, GOeureka (GO) is here to do just that and work is already well underway!
https://medium.com/goeurekatravelmagazine/where-is-the-future-of-next-gen-online-hotel-booking-headed-the-goeureka-roadmap-3ee58b6c87e0
I agree they are charging very high % but how far this GOeureka will work because whether investors can spend the purchased coins for hotel booking and how much % people are going to get by using this GOeureka platform?
Thanks For Asking. We would like to tell you, Consumer will get benefit, as GO is also introducing a patent-pending Re-Booking algorithm function as an added-value service for customers to obtain the best value for rooms (due to fluctuating prices). Hotel room prices are updated several times a day. When the hotel rate drops, the Re-Booking feature will automatically detect and re-book an existing booking at the lower rate. Here is an example of how the Re-Booking feature works:
1) Customer makes a booking for a deluxe room at $300 seven days prior to his stay
2) The Re-Booking algorithm continually checks for price drops
3) Two days later, the rate for the same room type is now advertised at $280
4) The room is automatically re-booked at the new rate of $280
5) Customer is informed that he has just saved $20 on his booking
GO's vision is to give the customer access to loyalty points from multiple programs across a single platform. Points earned from a restaurant
can be redeemed for GO credits, and in turn, used to pay for a hotel room. For consumers who subscribe to multiple loyalty programs, GO’s solution for an interoperable loyalty program on the blockchain could facilitate instant redemptions and exchange for multiple loyalty point currencies on a single platform.
Further we would like to tell you that investor has the option to sell the GO tokens on the listed exchange or investor can use that tokens on GO platform and GO will provide a 5%–15% savings on all GO Token redemptions on the platform