GOEUREKA: REVOLUTIONIZING TRAVEL EXPERIENCE
GOeureka!!
“Jobs fill your pocket, but adventures fill your soul.” — Jamie Lyn Beatty
The ‘International Hotel Industry’ report (2009), Mintel, UNWTO data, estimated that in 2008, the number of rooms in hotels and similar establishments was 20.1 million and that it had been growing at an estimated rate of 2.2% over the previous five years.
The advent of the internet has pushed the boundaries of innovation and the entire globe has become one Global village with all the facilities are available on the single click on your device.
The travel industry which was previously dominated by the likes of middlemen/agents has been taken over by Online websites which now provide the same facilities with ease and at much cheaper rates. Online Travel Agencies continue to dominate online bookings. In the 2017 report published by, “Eye for Travel and Jumpshot” analyzed the consumer buying patterns for 2 months on a set number of OTA, hotel and airline domains, and came out with conclusion that majority of the UK market (73%), and close to half of the US market (42%) is dominated by Online Travel Agencies. The race for the market share in the Online booking industry has heated up and there is fierce competition amongst OTA’s, Traditional agents and the newer sharing economy.
GOeureka Platform
OTAs have an undeniable advantage over an individual hotel’s online presence as they can capitalize on consumers’ demand for low prices and options by aggregating their room inventory from different hotel groups and partners. With no alternative options, hotels have to rely heavily on OTA’s to bring in traffic and customers to hotels. OTA’s have this upper hand while deciding rate parity clauses and high commission rates as they pretty much set it on their own.
The next innovation in the field of bookings is being developed currently where companies are trying to develop an integration of booking services with the blockchain. GOeureka is one such company which is trying to build a platform that will integrate blockchain into its booking platform and give users the power to decide on aspects that were till now controlled by online agencies.
Few of the major features of the upcoming platform will be:
Commission-free booking platform with supporting mobile application.
Integration capabilities for hotel inventory and loyalty program
Re-booking feature for hotel rooms when rates are lowered
Crypto-enabled interoperability of loyalty points
A white-labeled solution for the GOeureka platform that will allow hotels to maintain brand control
Access to 170,000 hotels worldwide
Enables transactions via cryptocurrencies
What is GOeureka?
GOeureka is the next-gen travel tech company that leverages blockchain technology to build a hotel booking platform. They are aiming to decentralize the hotel booking sector and bring in higher transparency in pricing structure by allowing hotels to directly connect with their customers.
As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents. By reducing the financial commitments of hotels to third-party booking platforms, GO’s vision is to enable hotels to focus more resources on providing better intrinsic value and services to customers.
Revenue Model for GOeureka
GOeureka will allow the standalone and multi-chain Hotels to leverage its Blockchain platform and will charge a 5% transaction fee for all payments made via credit cards and other cryptocurrencies accepted as a mode of payment. This is will result in massive savings for the Hotels who have traditionally paid commissions in tune of 20%-30%. They will be able to bring down their charges and provide better services and facilities to travelers. Moreover, payments made using GO Tokens will not be charged any fees on the GOeureka platform.
All these transactions will be executed via Smart contracts built on the Ethereum blockchain that will execute these codes on behalf of the concerned parties. All transaction data will be sent to the smart contract to execute its terms, and the transaction will be stored in the blockchain.
This Goeureka can make it easier for you to travel and to those who like recreation with natural atmosphere. And this is mandatory for those of you who like traveling. do not get you wrong platform, because once you are wrong it will have a loss for you. so you don’t hesitate to even think again.
Maybe the discussion you have understood about Goeureka and this time I will explain the information about Goeureka that you want to invest can know the price of each token first, and what platform should you use to buy the token. and this is info about Goeureka tokens.
Token Info
Token Name: GOT
Platform: Ethereum
Type: ERC20
Accepting: ETH, BTC, USD
ICO Distribution: 60%
Soft Cap: 4,000,000 USD
Hard cap: 60,000,000 USD
Country: Singapore
Total Tokens: 1,000,000,000
Restrictions: USA, China
KYC Required: Yes
More information Visit in :
Website Goeureka
WhitePaper
My author Lovar22 apologizes if there is a wrong word in my writing, hopefully this info or article can help you.
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Author : Lovar22
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