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Articles tagged “blockchain”

Online Travel

Expedia CEO: Google Is Our Biggest Competitor

It's rare to have an Expedia CEO speak so candidly about Google's threat to his own company. After all, Google knows how to punish companies when it wants to. Given Barry Diller's recent statements, and Okerstrom's view, there must be a lot of concern in Expedialand behind the scenes.

Expedia CEO: Google Is Our Biggest Competitor

Business Travel

How Travelport Is Embracing Blockchain

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.

How Travelport Is Embracing Blockchain

Business Travel

Interview: Travelport Looks to Solve Hotel Distribution Problems With Blockchain

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.

Interview: Travelport Looks to Solve Hotel Distribution Problems With Blockchain

Business Travel

Companies Use Cryptocurrency to Attract Millennials to Loyalty Programs

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.

Companies Use Cryptocurrency to Attract Millennials to Loyalty Programs

Business Travel

Corporate Travel’s Fear of Failure Dims Innovation

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?

Corporate Travel’s Fear of Failure Dims Innovation

Online Travel

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

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.

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

Online Travel

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

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.

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

Business Travel

Is the Crypto-Luxury Travel Market Worth the Risk?

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.

Is the Crypto-Luxury Travel Market Worth the Risk?

Hotels

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

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.

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

Online Travel

TUI Is Relying on Its Blockchain to Help Boost Profits

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?

TUI Is Relying on Its Blockchain to Help Boost Profits