GO’s eyesight for the
long term of the travel industry is supportive on the web ecosystem where all
businesses are allowed the chance to thrive and advantage from providing the
best materials or solutions to travelers. As a technology partner to resorts, GO
expects to offer a straightforward internet and application knowledge to users
without the high fee constructions enforced by current OTAs. By reducing the
economic commitments of resorts to third-party reservation systems, GO will
allow hotels to focus more resources on providing better intrinsic customer and
valuable service,Goeureka
Booking
& Inventory Platform
The web application
platform will host a booking platform for travellers and a hotel inventory
system for hotels. Travellers will be able to search and book hotels. Hotels
can update room inventory and prices directly or integrate with channel
managers. A majority of hotels manage their inventories using channel managers
as a single point of management, therefore GOeureka will provide necessary APIs
(Application Programming Interface) for integration. GOeureka will also work
directly with major channel managers to automate the integration process for
hotels.
Rebooking
Feature
Travellers will enjoy
automatic post-booking discounts for their stays through GOeureka’s
patent-pending rebooking feature. The GOeureka rebooking algorithm detects when
a hotel rate drops, and automatically re-books an existing booking (qualified
bookings that have not passed and are within valid cancellation policies) at
the lower rate. Travellers will be notified of their discounted stay.
When hotels choose to
drop their rates on the GOeureka platform, they will receive a summary report
on the affected bookings and the total discounts provided by the rate cut. This
will allow hotels to make true informed decisions that are beneficial to
themselves and their guests.
GO
store
The GO store is an
in-app exchange for token holders to purchase GO credits using GO tokens. It is
a safe and fast liquidation option for token holders to convert tokens into
spendable fiat-value credits. Users enjoy discounted products and services on
the GOeureka platform when purchasing with GO credits. GO credits are
fiat-valued in-app credits that allows for instant transactions and off-chain
settlement. Token holders will redeem
GO credits according to the prevailing market rate at time of exchange.
GOeureka will rely on data sources from various exchanges and number of custom
oracles to retrieve the average token price on the market. Users will use the
proxy wallet detailed below to exchange GO tokens for GO credits.
Check-in
& Check-out
As consumer data will
be shared between GOeureka and hotels, the consumers will have a seamless
check-in experience during their stay. Upon registration, GOeureka collects
personal identifiable information, which will be encrypted and stored
off-chain. This information will be used to facilitate the check-in process
since users are already authenticated on the GOeureka platform. Unique identifiers
will be matched with data from the hotel’s central reservation system and
consumers are able to check-in directly on the mobile app. The check-in experience will consist of 3
simple steps:
1. Select booking
(reservation for the day)
2. Fill up optional
information (hotels may request additional information to cater and personalize
the consumers stay – e.g. Room upgrade, Types of pillow)
3. Check-in to
room
Check-in requests will
be automatically approved as long as certain prerequisites like the check-in
time or booking deposit are fulfilled.
Guests may check-out of
their stay through a similar process, but will be redirected to the payment
page, where they may choose from GOeureka’s various payment methods to settle
their vacation bill:
1. Check-out of stay
2. Fill up check-out
form (hotels may ask if guests have minibar consumption, guests may approve
additional charges from in-room dining, etc.)
3. Redirect to payment
page
Upon check-in,
authentication tokens will be sent to GOeureka’s hotel CMS and guests will be
matchmade with the hotel they have checked into once tokens are authenticated
in the backend. Hotels and guests will have direct access to each other and
will be able to communicate for the duration of the stay. Guests will be
entitled to the aforementioned hotel services, depending on what hotels make
available.
Room Key
To provide full
self-service capabilities, GOeureka will also provide a room key feature on the
mobile app. The availability of the mobile room key depends on the hotel’s
physical infrastructure, but hotels with smart locks or keypad locks will have
the room key feature integrated on GOeureka’s app.
GOeureka will integrate
available developer APIs by major smart lock providers. This technology makes
use of encrypted Bluetooth technology, where authenticated data is sent from
the GOeureka app through the guest’s mobile device to the smart lock network which
then unlocks a guest’s room. Bluetooth technology is found to be a safer
alternative due to encryption and authentication methods available for
Bluetooth transmission as opposed to Wi-Fi protocols that are easily spied on
by other users on the same Wi-Fi network.
1. The processing fee
is charged by the crypto payment service provider
2. Transaction costs
increase due to blockchain congestion
3. Transaction speed
for on-chain settlement
4. Interface
customization and payment protocol
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