Articles tagged “blockchain”

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Blockchain and Travel: Distributed Ledger Technology is Changing the Business of Airlines and Travel Agencies

Blockchain and Travel: Distributed Ledger Technology is Changing the Business of Airlines and Travel Agencies

Further Network + Skift

Travel tech leaders are betting on blockchain to transform nearly every aspect of the travel journey, making transactions simpler, more affordable, and more trustworthy, for both providers and consumers.

2 weeks ago

How Travelport Is Embracing Blockchain

How Travelport Is Embracing Blockchain

Andrew Sheivachman, Skift

Travelport, essentially, wants to integrate blockchain into the platform it is developing without throwing out the existing distribution technology it uses. The technology could find its niche in the company's offerings, even as others develop more disruptive and flexible marketplaces for travel selling using blockchain, too.

3 months ago

Interview: Travelport Looks to Solve Hotel Distribution Problems With Blockchain

Interview: Travelport Looks to Solve Hotel Distribution Problems With Blockchain

Andrew Sheivachman, Skift

Some think blockchain can help decentralize travel distribution, which has historically been dominated by a small handful of players. These entrenched companies, however, see blockchain as a technology that can help fix some of the inefficiencies in the travel distribution marketplace without fully disrupting the status quo.

3 months ago

Companies Use Cryptocurrency to Attract Millennials to Loyalty Programs

Companies Use Cryptocurrency to Attract Millennials to Loyalty Programs

Olga Kharif, Bloomberg

Millennials are obsessed with cryptocurrency, so brands are looking to employ trendy crypto coins to sucker them into joining loyalty programs. The truth is, blockchain is more likely to save companies money on transaction fees than create any real value for consumers.

4 months ago

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CEO Interview: Amber Treshnell of Accor’s John Paul on Preparing for a Future Built by Blockchain

CEO Interview: Amber Treshnell of Accor’s John Paul on Preparing for a Future Built by Blockchain

AccorHotels + Skift

The overall verdict on the buzz surrounding blockchain is still mixed, but Amber Treshnell, John Paul’s CEO, Americas, believes it will be as game-changing as the internet itself.

5 months ago

Corporate Travel’s Fear of Failure Dims Innovation

Corporate Travel’s Fear of Failure Dims Innovation

Andrew Sheivachman, Skift

It blows my mind that corporate travel executives say the same exact thing at this conference every year. It's like Groundhog Day with more suits and fewer laughs. Everyone wants to be one step ahead, but where is the incentive to actually take that step?

5 months ago

Travel Companies Face a Trust Deficit Unless They Reset Use of Customer Data

Travel Companies Face a Trust Deficit Unless They Reset Use of Customer Data

Caroline Bremner, Euromonitor

An established order can only endure if it can take in outsiders. Rome fell to the barbarians, while the British upper class has assimilated celebrities and immigrants. Travel sellers like Google and TUI must absorb new technologies like blockchain or else they will die.

6 months ago

Ex-Googler in Taiwan Uses Blockchain to Track Double Hotel Bookings

Ex-Googler in Taiwan Uses Blockchain to Track Double Hotel Bookings

Bloomberg

Who knew that double hotel bookings, due to the proliferation of third-party sites, was such a big problem. Alas, many hoteliers were undoubtedly well-aware of the issue. Hey, if OwlTing's blockchain can help reduce the problem, then it is likely worth a few Bitcoin to someone.

6 months ago

Is the Crypto-Luxury Travel Market Worth the Risk?

Is the Crypto-Luxury Travel Market Worth the Risk?

Samantha Shankman, Skift

Bitcoin's growth has made a lot of people very wealthy, and more companies are looking at tapping into what could be a lucrative market. The problem, though, is the unpredictable nature of cryptocurrency markets means accepting these virtual currencies comes with considerable risk.

6 months ago

A Boutique Hotelier’s Perspective on Co-Working and the Future of Hospitality

A Boutique Hotelier’s Perspective on Co-Working and the Future of Hospitality

Deanna Ting, Skift

The beauty of Ennismore's flagship brand, The Hoxton hotels, is how it distills what the original boutique hotel pioneers did, but makes it relevant to today's audiences on a more equitable, democratic scale. CEO Sharan Pasricha's approach to hospitality — an outsider's perspective, if you will — is equally refreshing.

6 months ago

TUI Is Relying on Its Blockchain to Help Boost Profits

TUI Is Relying on Its Blockchain to Help Boost Profits

Patrick Whyte, Skift

TUI seems to have found a good use case for blockchain technology, and the implied cost savings would help boost profits. But could TUI achieve the same result with an alternative?

7 months ago

New Skift Research Analyst Session: Venture Investment Trends In Travel

New Skift Research Analyst Session: Venture Investment Trends In Travel

Seth Borko, Skift Research

The travel startup landscape is more dynamic than ever. Not every company will succeed, but travel leaders need to know where these new entrants see cracks in the incumbent armor. Subscribe to Skift Research to learn more.

8 months ago