Arise Travel Opens Access to Online Travel Market with Blockchain-Based Hotel Distribution Network
Arise Travel Network uses blockchain technology to enable a new type of distribution relationship that gives hotels control of commissions, eliminates complex contracts, and opens access to any hospitality distributor or partner
The Arise Travel Network is simple to set up, scalable, and offers numerous advantages over traditional distribution networks:
- Hotels and distributors come together directly without the need for contracts or middlemen. Hotels use a simple interface to set their commission rates and import inventory and rate data from their existing hotel system to their own secure blockchain. They then can make it available to as many distributors and partners as they choose via the Arise Travel Network.
- Hotels set their own commission rates and can change them at any time to reflect market demand, inventory, or any condition. Changes occur instantly across the entire Arise Travel Network.
- Commission payouts are automatic and done electronically. The Arise Travel Network blockchain method is secure, immediate, and eliminates the tedious process of reconciliation and follow up.
The founders of Arise Travel have experience working in the hospitality industry and wanted to develop a technology-based solution to address hotels' challenges in today's OTA and distribution markets. Arise Travel uses a non-currency-
"Blockchain technology is a good fit for hospitality because it enables a secure, traceable, and trusted transaction between hotels and distributors,"
"Blockchain technology allows us to create a shared, distributed cache of hotel room and rate information. All parties connected to our network have a local copy of hotel data that automatically stays up-to-date, removing the need for hotels to enter their information on multiple proprietary platforms, while eliminating out-of-sync cache issues that plague the industry today," says Alex Lamb, CTO. "The Arise Travel Network stores hotel data on blockchains to create a truly decentralized and distributed hospitality data network."
Arise Travel is seeking additional partners to participate in the beta network including hotels, distributors, event planners, or anyone interested in sending new bookings to hotels.
About Arise Travel
Arise Travel brings flexibility and choice to online hotel distribution with its Arise Travel Network. The Arise Travel Network stores hotel rates, commissions, and inventory on a secure blockchain, enabling hotels to work with the partners of their choice via a distributed network. Its simple and powerful interface enables any distributor to interface with the network, access the cache of hotel data, and begin selling rooms. To learn more or to join the beta version of the Arise Travel Network, visit arise.travel
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