Good evening from beautiful Tenerife, island of eternal spring!
Today I would like to share some numbers related to the Travel & Tourist industry as provided by the World Travel & Tourism Council.
This report was published in 2016, so the numbers will be different today.
So, in 2015 growth in the Travel & Tourism sector for the fifth year in succession outpaced that of the world's GDP with a 2.8% vs 2.3% growth.
The sector generated USD 7.2 Trillion, constituting 9.8% of the global GDP, supporting 284 million jobs which means 1 out of 11 jobs is directly travel related!
Incredible numbers if you ask me!
So, what is the outlook for the future?
The outlook for the Travel & Tourism sector remains robust and is expected to further accelerate, and continue outpacing the wider economy, despite economic fragilities and other sources of volatility in the wider market. Historically low oil prices creates high demand through lower transport costs and benefitting household finances and disposable income.
Safety issues have and will continue playing a role in the future, but the travel & Tourist sector has proven resilient to this.
Safety issues will not stop people from travelling, but will shift popular destinations and travel products and finally the world will continue doing its business.
The strength of the USD relative to other currencies also is a force shifting price competitiveness of destinations and decides who travels where…..
And this is where Concierge Coin comes in. Concierge Coin and our soon to be released travel DApp (Decentralized app) technology is blockchain based. Without going to much into the technical aspects of Concierge Coin, it will result into:
Bringing 100% trust in a trustless world through blockchain technology.
Cutting out the intermediary, monopolizing the market, (over) charging travel providers with a 35-50% Commission structure.
Price drops upto 50% on travel products.
Enhance efficiency, flexibility and control in the booking process.
A more satisfying booking and travel experience.
Finally more bang for your hard earned money, making bespoke travel available to all.
We believe in creating a truly equal and transparent world, this new smart economy facilitates in the movement from the current ‘Network of Information’ into a ‘Network of Value’. The integration of the traditional and digital economy surpasses the ability for a free flow of currency in exchange for a service provided. Concierge coin is here to further facilitate creating a ‘Network of Order’ within the service economy.
Linking up the unstoppable blockchain technology through Concierge Coin and our travel DApp with an industry as huge as the Travel & Tourist sector, as well will create an incredible investment opportunity and will proof to be a key for good, contributing to job creation, bring economic growth and social benefits.
The Travel & Tourism sector will grow faster than the wider economy and many other industries, anticipating 370 million jobs in 2026. Such growth requires more effective communication and trust between travel provider and customers all over the world.
Concierge Coin is proud to becoming a major force and contributor to more fairness and trust in in the vast Travel & Tourist world.
FAQ
Why Concierge Coin? Simple, concierge means ‘Someone’s job to help you with a booking’ and this is exactly what we are here to do.
Why the travel and tourism sector first? Our founders have operated within the travel & tourism sector for the past 35 years and have many connections with hotels, tour and trip operators. We already have a number of businesses lined up ready for when the application goes live across Southeast Asia and Australia.
We support the blockchain community: We believe in the power of the blockchain and will use CC1 tokens were possible and minimal fiat currency’s when making our ideas reality.
We are transparent: Funds will be escrowed and our books will be audited accordingly
Concierge Coin is open source: We believe in creating a better tomorrow therefore sharing our work with the world is essential for future development.
We are responsible: Our passion is in what change we can make in the world therefore we are limiting our personal gains. We are devoted to bringing the general public a platform of trust, honesty and fairness.
We offer the highest level of innovation within our work: Our team comes from a diverse background giving us an advantage to develop a system that will disrupt a global market.