REBRANDING THE HOSPITALITY INDUSTRY WITH EMPIRE HOTEL

in #empire5 years ago

BACKGROUND AND PROBLEMS OF THE HOSPITALITY SECTOR

All thanks to globalization it has indeed made the world much more closer, thereby raising the need for people to travel more to different places for different purposes, with the ever increasing growth in globalization the world have not just become smaller but the hospitality sector have also become a major factor in all this, a good hospitality sector will imply more patronage while a bad hospitality sector will imply poor patronage; however in trying to create a robust hospitality sector there seem to be a proliferation of technologies that has over the years seemed to be ineffective, the hospitality sector  as at today have issues of incorrect data and an incorrect data can put so much stress on not just the customer but also the front desk agent or even the manager, a good number of this booking platforms are mostly very expensive most portal charges usually sums up to about 15 to 25% of the actual booking cost, huge resources is expended by companies on infrastructure, maintenance of hardware and software that are used for over the air service (OTA), most times general cost is stirred up because the cost of financial institutions are factored in, for foreign transaction that involves the booking of an international hotel, 3% is usually charged as processing fees from the guest, another pain point of the hospitality sector is the significant effect of rates fluctuation during the process of currency conversion, the rates applied on conversion is higher than what the rates actually was during the time of booking also there are cases of double booking although not very frequent but its occurs sometimes and when it happens it puts the clients and management in difficult position. 

SOLUTION AT LAST

      The dare and glaring need for total efficiency within the hospitality sector has prompted Blockchain to design the empire hotels system, it is blockchain conscious attempt aimed at replicating all the peculiarities of blockchain in the hospitality sector for users best experience. Empire hotels will eliminate third parties and will rely on blockchain technology to create a better and much more robust data management and transaction mechanism for hotels, the empire hotels platform is progressive as it revolutionalizes to suit the nature and growth of the hospitality industry. Empire hotels caps it all by offering a uniquely modelled currency that can be used in the industry with this currency they would be an ease of use of platform and the integration with other systems using API. 

ABOUT EMPIRE HOTELS AND BLOCKCHAIN TECHNOLOGY

The platform of the empire hotels operates as cross platform that creates a basis for interface between guests and hoteliers, hoteliers are at liberty to list the hotels on the platform so as to allow guest browse through the listed hotels on the platform, within the empower hotels platform all details of booking transactions as well as inventory management data are kept within the blockchain network for seamless data management. With this platform clients/guest can carry out payment using digital currency (cryptocurrency) in form of EMPC tokens, these tokens will be converted into fiat currency and then paid by the platform to hoteliers. Also the platform in a bid to encourage it guest creates an incentive model using EMPC tokens. 

WHY EMPIRE HOTELS IS RARE AND EXCEPTIONAL 

SECURE AND RELIABLE 

It leverages on blockchain to ensure transparency and security, within the platform all transaction will have an ID properly and all vital data (information) exchanged during the process of booking will be fully encrypted and also saved as part of the transaction details. 

CHEAPER BOOKING 

The elimination of third parties in booking process drastically reduces cost; the platform eliminates all conversion fees & international payment charges this gives room for hotels to easily scale-up its profit margins and then offer bookings at cheaper rates

ACCURATE RESERVATION

Empire hotels give more credibility to the industry because it is non-centralised, double booking is totally eliminated as bookings are carried out using the crypto (digital currency) transactions in the empire hotel platform, the platform eliminates double booking by using timetable of room verified on the blockchain. 

CONCLUSION 

The empire hotels portends a new era of relief and rebranding of the hospitality sector, it makes this possible by eliminating commissions leveraging on the blockchain technology for all round efficiency, empire hotels will provide a digital currency to be used for the hospitality industry so as to create an easy to use platform that works by integration of other system using API. 


USEFUL LINKS
Website: https://www.empirehotels.io/
Whitepaper: https://www.empirehotels.io/docs/en/whitepaper-en.pdf
Telegram: https://t.me/empirecash
Twitter: https://twitter.com/empirehotelsapp
Facebook: https://www.facebook.com/empirehotelsapp

AUTHOR'S DETAILS
Bitcointalk Username: Reeny560
Bitcointalk Profile Link:  https://bitcointalk.org/index.php?action=profile;u=2539294


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