Empire Hotels: A New Paradigm in the Hospitality Industry

in #bitcoin5 years ago

The hospitality industry has witnessed remarkable growth in recent times with the sporadic expansion of urbanization gradually turning some not too notorious places to delight spots for leisure, recreation and as well as a haven for medical touring. This advancement has led to the advent of digital means of booking hotels from all over the world at a click of a finger. Today without an online presence, its almost impossible to attract foreign clients, tourist or events to hotels. Jack William is a hotelier and his experience since he ventured into the business has been mixed fortune. His encounter with guests who are often embattled by the high cost of services which is actually often as a result of currency conversion and international transaction fees has not been pleasant. The trouble arising from booking doesn't just stop there, dealing with embarrassing situations such as double booking or incorrect data has brought dissatisfaction to guests of his hotel on numerous occasions.

Empire Hotels is a blockchain startup that seeks to solve the problems of the present day booking and hospitality industry which available technology such as Property Management System (PSM) has failed to improve. The implementation of blockchain technology proposes a unique system to improve efficiency in the hospitality industry with its remarkable ability as a transparent, impenetrable, immutable and decentralized record of transactions (data). Cryptocurrency also gives a geographically unrestricted and cost-effective means for making payment, which the booking and hospitality industry is greatly in need of. Empire Hotels seeks to eliminate third-party influence on data management and transactions in hotels, provide cheaper booking services by applying cryptocurrency, provide top-notch security and transparency of hotel transactions, provide assurance of accurate booking/reservations at hotels and reduce the cost of booking hotels in general. Instead of being restrictive, the Empire Hotels platform creates room for carrying out transactions in both fiat and cryptocurrency, and while transaction cost in fiat currency is valued at 7.99% of the transaction, transactions made in EMPC and other cryptocurrencies are charged at 0% and 2.99% respectively.

Core Features of the Empire Hotels Platform

  1. With the Empire Hotels platform hoteliers such as Jack William don't need to handle the messiness arising from booking services because the Empire Hotels platform has put in place decentralized and democratic support to handle disputes in which members of the Empire Hotels community serve as unbiased arbitrators and receive a reward for their services.
  2. Rating is a very important aspect of the hospitality industry due to its roll in influencing the choice of guests on which hotel to patronize. Empire Hotel employs a distinctive rating system which doesn't give room for manipulation or other discrepancies that goes on in the booking industry. The use of blockchain technology ensures every transaction and ratings accrued are transparent for all to view and also immutable so as to ensure that guest gets the best service for their money and as well create a reliable mechanism for hoteliers to get feedback and meet up to the needs of guests.
  3. Empire Hotels identifies that the mobile industry is a driving force to every sector most especially with the remarkable increase in the number of handheld devices yearly, and seeks to create easy access for guest of hotels to create accounts, make their bookings , manage their wallets as well as make payments directly on their mobile phones (Android/IOS) . Empire Hotels also makes room for hoteliers to create accounts, manage their properties as well as integrate seamlessly with the Empire Hotels application Program interface (API) in order to ensure better automation of services.
  4. Empire cash token (EMPC) is the backbone of the Empire Hotels platform and serves as a medium for both making payment and incentivizing both guests and the Empire Hotels community. EMPC will be used by hoteliers to make payment for subscription to services on the platform and can also they can implement EMPC as an incentive for their guests. Guest can also utilize EMPC for a swift and discounted rate on transactions while community member who plays the role of arbitrators on the platform can get rewarded via EMPC. EMPC has a maximum supply of 1.35 billion units and is currently available for purchase on latoken exchange.

Conclusion
Empire Hotels provides a one of a kind solution that is not available in the hospitality industry of today and with its unique use of blockchain technology, the Jack William `s of this world will no longer have to worry over problems that often arise from hotel booking and its implication on the cost of hospitality service.
To learn more regarding Empire Hotels, check out the following links below:
Website: https://www.empirehotels.io/
Whitepaper: https://www.empirehotels.io/docs/en/whitepaper-en.pdf
Telegram: https://t.me/empirecash
Twitter: https://twitter.com/empirehotelsapp
Facebook: https://www.facebook.com/empirehotelsapp

Authors details:
bTT name: Mrsparks
My BTT profile: https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary

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