Introduction
Hospitality is one of the largest and fastest-growing industries in the world, however the hospitality industry cannot thrive without loyal customers and potential ones. Customers are very paramount in this type of business and serving them by meeting and exceeding there expectations is very important for hospitality to survive and grow.
Customers are increasingly sophisticated in their research. There are more and more countries/cities emerging as a top destinations on the global travel map, so the use of technology is crucial to select and purchase a hotel stay or service. Hotels should anticipate evolving customer needs, adapting and updating marketing approaches to effectively reach the target audience.
Technology disruption also has a big influence on the operations of a hotel, the advantages that blockchain brings to the table has been successfully integrated with the hotel and hospitality industry. The blockchain technology brings a path-breaking approach in the ways business processes are carried out, according to the developers who are creating platforms that use cryptocurrencies and distributed ledgers to enhance the hotel booking systems, review websites and more.
While a blockchain may not provide the solution for every challenge that is encountered by the hotel industry, but blockchain-based systems do present efficient solutions for several aspects of the industry like high cost of booking hotels services, double booking of hotels rooms and data mismanagement caused by the involvement of third parties.
However, with careful research I am introducing to you EMPIREHOTELS, a revolutionary booking platform built on Blockchain technology, intends to solve this pain point faced in hospitality industry by cutting out hidden commissions for third parties and leveraging the blockchain technology to keep customers’ data and transactions safe.
Empire Hotel
Empire Hotels is a blockchain based platform that provides safe, transparent, end-to-end and low-cost bookings of a variety of the hotel rooms globally available. It provides a fully in-app hotel service such as in-room dining, concierge services, bill review, etc. Empire Hotels aim to revolutionize the hospitality industry, It is the best platform for users to book rooms and experiences around the world. The platform provides an easy way to check-in / check-out and is fully prepared for future room automation.
Empire Hotel Competitive Advantage
Empire Hotels reduces the cost and expands the hotels and guests benefits through the use of blockchain. With a decentralized blockchain economy, there is a direct communication and an improved relationship between businesses and their guests, providing a high level of mutual trust and optimal efficiency.
Empire Hotels is not only a booking platform; it is an end-to-end service that assists the user from the moment of booking to the check-out. Additionally, all the users are registered through an easy-to-use KYC process, where their identity is checked and safely stored in the blockchain. It is safer for users and for hotels.
In Empire Hotels, when a user finds a room they choose if they want to pay with either cryptocurrencies or fiat. When they arrive to the hotel they do not need to proceed to the reception, as the check-in can be done in the app. If the hotel room has a NFC-based door lock, the phone may be used to open the door, as our platform seamlessly integrates with the hotel systems to provide the digital keys to authorised guests. If the phone or the hotel for any reasons do not support this technology, the user is informed in the app to go to the reception with a code only to get the key, as the check-in can still be done in the app. By providing this automated check-in service, Empire Hotels allow users to save their time to enjoy the trip instead of waiting in queues.
All the meals, goods and services requested are seamlessly updated in the users account, allowing anticipated review of their bills, thus saving more time in the check-out, which can be equally processed in the app. This end-to-end service will be improved over time by the addition of new features and improvement of the existing ones.
Empire Cash (EPMC) Token
The Empire hotel platform will issue Empire cash token (EMPC) to fuel the transactions and incentive models of the platform. The total supply will be 1,350,000,000 EMPCs. The Initial Coin Offering intends to raise $36,000,000 through its various phases. Token is already listed on Latoken Exchange.
Market Opportunities & Benefits To Investors
Investors will benefit if the price for today’s Empire cash (EPMC) token rises. Currently at $0.1 , if demand surges it will be really awarding for investors.
Hospitality industry is growing everyday and add jobs every 2.5 seconds, the hospitality industry contributes US$7 trillion annually to total world domestic gross product.
The industry employs approximately 266 million people which represents 9.1% of all jobs worldwide and according to Howard Roth, a leader in global real estate, the industry is predicted to create another 75 million jobs in the next decade.
With the increment of the tourist population in the last 20 years in double figures and highly anticipated to increase further in the next 20years to nearly 1.8 billion people .
Roadmap & Development Perspective
Unique Team
Empire Hotel have ambitious goals which will enable them to set new standards for the hospitality Market. To achieve this goal a strong Team is built with all the necessary skills, talents and long-time experience needed for the project. Team includes blockchain developers, data scientists, mobile ops, backend/frontend developers, marketing experts, engineers & operations professionals working smart for this wonderful project. Investors need not worry, the project is in capable hands of well qualified professionals.
Final Thought
The hotel industry around the world is valued at $500 billion per year, and astonishingly it is estimated that up to $125 billion is made up of unnecessary costs which are annually shared by hoteliers and guests. On Empire Hotels' decentralized platform, payments are settled on the ledger and it is not be subject to processing overheads. Additionally, the platform charges lower, more reasonable fees for its service, and implements blockchain to ensure all transactions are governed by smart-contracts.
Empire Hotels' vision for the future is a supportive ecosystem, where all users and businesses have the opportunity to truly benefit from the transparency and eradication of the high commission structures of typical online booking platforms. In addition, Empire Hotels aims to simplify actual transactions and greatly reduce security risks as all data is decentralized, cryptographically protected, and traceable, thus protecting the customer.
NOTE: This article is just a guide to potential clients, stakeholders and everybody itching for a snip of this wonderful project and its published regarding bounty campaign. I am not a project team member or its representative but a supporter of this incredible project. The whitepaper will provide an in-depth and thorough analysis of this wonderful project. You can click on the link below and find out more about this wonderful project.
Website : https://www.empirehotels.io/
Whitepaper: https://www.empirehotels.io/docs/en/whitepaper-en.pdf
Twitter: https://twitter.com/empirehotelsapp
Telegram https://t.me/empirecash
Facebook: https://www.facebook.com/empirehotelsapp
Instagram: https://www.instagram.com/empirehotelsapp
YouTube: https://www.youtube.com/channel/UCsSnBBk4StaGk1hsu-SQeVw
LinkedIn: https://www.linkedin.com/company/empire-hotels-app
Author
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