GOeureka Lets Users Book Hotels with Zero Commission Fees
Justin Lam — October 1, 2018 — World
References: goeureka.io & venturebeat
Commision fees often drive up the price of hotel rooms exponentially, thankfully GOeureka is letting buyers unlock 400,000 hotel rooms with zero commission. Released as an alpha version of its platform, GOeureka is hoping to end the "comparison engine" lifestyle by leveraging the blockchain to help users book hotel rooms with no commision while still receiving loyalty rewards and benefits. All of this comes with no hidden fees and an incredible level of accountability.
The problem GOeureka is trying to address is fairly well-known among frequent travelers and comes from the existing hotel-booking infrastructure. Using the blockchain essentially allows the platform to provide secure and accountable contracts between travelers and hotels, cutting out the middleman in the booking process. The use of the blockchain also ensures a more efficient process with identifiable ledgers.
Image Credit: Pixbay
The problem GOeureka is trying to address is fairly well-known among frequent travelers and comes from the existing hotel-booking infrastructure. Using the blockchain essentially allows the platform to provide secure and accountable contracts between travelers and hotels, cutting out the middleman in the booking process. The use of the blockchain also ensures a more efficient process with identifiable ledgers.
Image Credit: Pixbay
Trend Themes
1. Zero Commission Hotel Bookings - GOeureka is disrupting the hotel booking industry by allowing users to book hotel rooms with zero commission fees.
2. Blockchain-based Hotel Booking Platforms - The use of blockchain technology in hotel bookings, like GOeureka, provides secure and accountable contracts, eliminating the need for middlemen.
3. Efficiency and Transparency in Hotel Bookings - By leveraging blockchain technology, GOeureka ensures an efficient process with identifiable ledgers and no hidden fees.
Industry Implications
1. Hospitality - The hospitality industry can benefit from blockchain hotel booking platforms like GOeureka to streamline the booking process and improve cost-efficiency.
2. Travel - In the travel industry, the adoption of zero commission hotel booking platforms such as GOeureka can enhance customer experience and reduce booking costs.
3. Blockchain Technology - The use of blockchain in hotel bookings, as demonstrated by GOeureka, opens up disruptive innovation opportunities in the broader blockchain technology industry.
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