https://www.youtube.com/channel/UCsSnBBk4StaGk1hsu-SQeVw
The world is filled with so much hotels scattered all across the globe and customers from time to time seek those with amazing hospitality making the hospitality industry one of the fastest growing industry. One important factor which makes hospitality services unique is customer service as good customer service generates more profit for the business. When internet got introduced into the world, people who use hotels had their expectations greatly increased as online service booking platforms got introduced thereby improving customer experience by 15% to 25% in the hotel booking expenses for hotel guests.
Currently, there are so many booking platforms which offers users an opportunity to book rooms online but a close observation shows none of these platforms offers users the ability to book and pay for rooms with both crypto and fiat assets. Also, an observation showed these platforms don’t give the hotels option to choose how to receive payment. Profit is usually made by these booking platforms when they charge hotels for selling their inventory. The booking services rendered online takes a percentage from sellers and hotels to make their own profit thus making hoteliers increase their service fee so as to cope with booking platform expenses.
These various online booking platforms has indeed helped the hospitality industry to grow tremendously but a recent observation showed they are still faced with the issue of double booking, incorrect data, expensive booking portals, platform maintenance, financial and transaction fees, foreign transaction fees and currency conversion fees. These issues indeed require urgent solution and that is what EMPIRE HOTELS is offering to the world.
Empire Hotels is the world’s first revolutionary booking platform which will solve the above issues listed by cutting off commissions for third parties and also leverage blockchain technology to facilitate better data management and transactions system for all hotels across the globe. Our aim is to offer the world a currency which will be used in the hospitality industry, thus giving the general public an easy-to-use platform and also an API for the integration with other systems. We will be creating a platform with an outstanding architecture which will enable booking of hotels with crypto transactions. Transactions will be executed and stored in a decentralized P2P network which enables the platform to provide improved data management and also reduced costs for transactions which are way cheaper than existing platforms.
The Empire Hotels platform has so many unique advantages which includes;
Cheaper booking
Security and reliability
Accurate reservation
EMPIRE HOTELS WORKING PRINCIPLES
The Empire Hotels platform is a cross-platform application which has the ability to interface between hoteliers and guests giving hoteliers an opportunity to list their hotels on the unique platform for free and then all kinds of guest can browse through the listed hotels. Booking transactions and inventory management data are stored in the blockchain network so as to offer effective data management. Guests have the ability to make payments using cryptocurrency – EMPC tokens on the Empire Hotels platform and it will be converted to fiat and paid to hoteliers by the platform. Using the platform frequently attracts additional services to guests and this will encourage them to frequently use the platform and hold their EMPC tokens so as to gain more benefits.
MODULES OF EMPIRE HOTELS
Payments module which allows for booking transactions to get completed with both cryptocurrency and fiat currency.
Ratings module which records users rating in the blockchain network and these ratings cannot be altered. These ratings enable guests to find the appropriate hotels and also hotels to be aware of guests’ needs.
Decentralized arbitration module which is a decentralized and democratic support from Empire Hotels community for disputes or claims by random and impartial arbitrators counting which adds considerable credibility to the process.
THE APPLICATIONS OF EMPIRE HOTELS
A Minimum Viable Product (MVP) has already been developed and completed and all unique features were built it including APIs, guest module and also host module integrated with an easy-to-use and fully functional crypto wallet.
The host module offers the host the ability to create an account or login into an already existing account to manage their properties, rooms, amenities and all other entities in the process.
The guest module gives both iOS and Android users access to fully functional app where they get to create an account, navigate the properties, create bookings, manager their wallets and also access all other details. All guests are required to go through an easy yet secure ID check process, validating their phone numbers also so as to be able to use the platform.
APIs provides an easy to use interface to all hotels giving them an opportunity to initiate transactions and query platform data without human action.
THE EMPIRE HOTELS BUSINESS MODEL
Hoteliers will be charged for all bookings made through the platform for a transaction cost of 2.99% if booking is made with other cryptocurrency and 7.99% if booking is made with fiat currency transaction. If EMPC tokens are use, no fee will be charged.
EMPIRE HOTELS TOKENOMICS
Empire Hotels is offering a total supply of 1, 350, 000, 000 EMPCs. An Initial Coin Offering (ICO) will be carried out during which $36, 000, 000 will be raised through the different phases shown below;
Total supply of token: 1, 350, 000, 000
Total token for sale: 900, 000, 000
Token base price: $0.1
Total token sale reserve: 250, 000, 000
Token for team, advisors: 200, 000, 000
EMPIRE HOTELS TOKEN USE BENEFITS
Subscription fees can be paid for by hoteliers using EMPC tokens. Guests can even get rewards form hoteliers with EMPC tokens so they can use the tokens to avail extra services of their choic.
Hotel rooms and services get booked at discounted rates by guests using EMPC tokens.
Arbitrators get to earn EMPC tokens when they do arbitration jobs and offering support and these tokens can then be used to book hotels rooms or services in any listed hotel in the Empire Hotels platform.
EMPIRE HOTELS USE OF FUNDS
Here is a breakdown of how funds generated will be spent;
Recruitment: 5%
EmpireCash Network: 5%
Support: 5%
Accounting: 2%
Marketing investment: 30%
Research: 8%
Project development: 30%
Legal services: 15%
THE ROADMAP
November 2017: first draft of the idea
March 2018: Smart-Contract Design
March 2018: Whitepaper Development
June 2018: Website + Dashboard Development
February 2019: Exchange Listing
April 2019: App Launch for Android and iOS
July 2019: EMPIRECASH Pay Launch
PARTNERS
TEAM MEMBERS
Waste no time today and be part of this amazing idea put together by a team of experts with years of experience. You can go through the website and whitepaper to get more information about the project. See links below;
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
Instagram: https://www.instagram.com/empirehotelsapp
Linkedin: https://www.linkedin.com/company/empire-hotels-app
Youtube: https://www.youtube.com/channel/UCsSnBBk4StaGk1hsu-SQeVw
Written by: tszone
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1742409
Wallet address: 0x684c9d1c004AB2023E1d3ae9aEb902B514B703d1