Articles tagged “blockchain”

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.

3 weeks 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.

4 weeks 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.

1 month 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.

1 month 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?

2 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.

3 months ago

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Andrew Sheivachman, Skift

Some entrepreneurs and scammers are treating initial coin offerings like get-rich-quick schemes, and the travel distribution ecosystem isn't immune. Beware of people who say they can totally disrupt the travel industry, especially if they don't even understand how the industry works.

3 months ago

WeChat Strategies and 8 Other Digital Trends This Week

WeChat Strategies and 8 Other Digital Trends This Week

Sarah Enelow, Skift

This week in digital news we examined two very different things that many travel companies don't understand: WeChat and blockchain. WeChat is already important for travel companies that want to engage with Chinese travelers; blockchain may become so.

3 months ago

Travel Megatrends 2018: Blockchain Will Spark a New Type of Tech Race in Travel

Travel Megatrends 2018: Blockchain Will Spark a New Type of Tech Race in Travel

Luke Bujarski, Skift

Some companies are betting big on blockchain's bandwagon effect. Time will tell whether the new technology materializes into cheaper, better, and faster travel experiences.

3 months ago

A Chinese Blockchain Firm Wants to Get Into the Hotel Business

A Chinese Blockchain Firm Wants to Get Into the Hotel Business

Vinicy Chan, Bloomberg

The more interesting question out of all of this is what this acquisition could mean for the integration or application of blockchain technology in the hospitality space.

3 months ago

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Seth Borko, Skift Research

Emerging technologies, like artificial intelligence and blockchain, have yet to make the leap from buzzword to mainstay, but have the potential to disrupt travel incumbents. The big players will have ample opportunity to adapt, though, and leading startups can play a role in helping executives grapple with when and how to implement these technologies.

3 months ago

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

Seth Borko, Skift Research

Venture capitalists invested a record amount in travel startups in 2017. The industry is no stranger to disruption, but we may be seeing some of the greatest changes of the last two decades. Our latest research report is a deep dive into these emerging trends with insights for founders, incumbents, and investors.

3 months ago