GOeureka;Next-Gen Solution Shaping the Future of Online Hotel Booking



GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform. Our mission is to decentralise the hotel booking sector and deliver greater transparency by allowing hotels to directly connect with their customers. As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents. By reducing the financial commitments of hotels to third-party booking platforms, GO’s vision is to enable hotels to focus more resources on providing better intrinsic value and services to travellers around the globe.

The Goeureka Works There are 4 parts:
• Hotels
GOeureka gives the hotel the opportunity to get closer to their customers by directly connecting them with each other. Hotels get the benefits of zero commission fees and GO operated loyalty points feature allowing hotels to lower their obligations to members.
• Platform
The decentralized platform GOeureka provides full transparency for all bookings and transactions that occur on the platform. While protecting personal information that can be identified by users, GO will store transactional data on the Ethereum block chain, therefore removing fraudulent activities and preventing disputes.
• Web & APP
Consumers enjoy various benefits with GOeureka:
1. 0% Commission: Payments with crypto currencies that do not have merchant fees that encourage the best prices for consumers.
2. Duplicate rewards: Open other travel prizes by getting GO credit, our internal loyalty program, and combine this with the benefits of your current hotel loyalty program.
3. Feature Loss Automatic Price Reduction: A patent waiting feature that automatically rebooks your hotel when prices drop.
• Consumers
GOeureka offers the best prices to consumers and allows travelers to search and compare rates at 400,000 hotels worldwide. Tourists can order and manage their hotel stays through GOeureka's web and mobile applications.


FUTURE ONLINE TRAVEL BOOKING
• No fee commission
• Automatic Rebooking feature
• Interoperable Loyalty Points
• Fiat & Cryptocurrency Payment Methods
• Worldwide Coverage at Launch

Goeureka Problem Resolutions
• For Consumers
- LESS TRANSPARENCY LEADS HIGHER PRICES
Commissions that are unfair to OTAs ultimately reduce hotel margins and increase consumer prices
- LOYALTY PROGRAM OF NEGLECTED HOTELS
Consumers lose points and then free hotel gifts
- FIND BIAS

Bias produced through search results that are modified and rearranged in OTA finally determines consumer choice and value
• For Hotels

IMPACT ON DIRECT BOOKING AT THE HOTEL
Online travel agents dominate this sector, pushing up to 70% of all online bookings
- HIGH COMMISSION
OTA charges a hotel fee of 15% -30% commission, affecting the hotel margin
- LACK OF ACCESS
Increasing OTA dominance limits hotel access to consumers

Loyalty Programmes 
Hotel loyalty programmes will be integrated into the GOeureka platform, where travellers may earn loyalty points from the hotels they have booked. Necessary APIs will be provided for hotels to link their loyalty database with GOeureka. This will help facilitate the interoperable loyalty points detailed in GOeureka’s official whitepaper.   GOeureka will send and retrieve data from the hotel’s database to provide real-time updates for users to track their points and for hotels to track points that users have redeemed with GOeureka.   Research shows that 70% of customers do not sign up for a loyalty programme due to inconvenience and time costs associated with registering for a programme . With GOeureka, 1 registration for a loyalty programme is processed and verified in the backend. Customers will only be required to fill up an online registration form or, if they are already registered loyalty members, they only need to provide their pre-registered details (e.g. member ID) and the platform will link and display their loyalty details.  

GOeureka cryptocurrency
GOeureka released cryptocurrency in its own type of utility - GO tokens, implemented in accordance with ERC-20 standards. As many as 1 billion tokens were issued, of which 60% were sent for sale. The fixed price for one GO is $ 0.3. Current investors will receive a 10% bonus when buying cryptocurrency. The project hardcap is 60 million dollars.



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By, Zuronner212

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