Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIF] Winding Tree, Decentralizing The $7 Trillion Travel Industry
by
WindingTree
on 10/10/2017, 22:07:59 UTC
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We already have companies lined up who want to source inventory from winding tree and resell it! Also by making it easy for developers to integrate with the platform anyone could resell a hotel room i.e. in a hotel review etc. I think ways of monetizing distribution and distribution reach will change when the inventory is just there - easy to integrate and resell. But coming back to your point we will announce some projects building on the reseller site before our TGE!

This sounds great. I've been looking at WT mainly from an airline perspective since that's where I'm a bit more familiar. I think for hotels you'll have a much easier time getting suppliers and resellers to use the platform. The hotel business is bigger, a lot more fragmented, generally subject to higher rent seeking margins from gatekeepers, enjoys less regulation (in terms of who the end contract is with, delay compensation etc.) and is just a better "place" for this sort of experiment to find its feet (I think).

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I don't think the setup cost is that high. Initially we can be used as a separate channel and if WT saves the suppliers enough and the math works then it'll make sense for them to integrate WT right into their CRS.

Sounds like a very sensible approach. Doubly so if you can make it super easy for CRS developers to add WT as a channel to push to (through good docs, standardization and maybe paid for training run by the WT foundation). Another reason why I think WT will work better for hotels than airlines is that hotels have more choices when it comes to CRS (most airlines are exclusively using systems provided by the companies WT is designed to disrupt - outside of doing it ad-hoc and then manually trying to reconcile bookings with their existing system - it isn't easy for most of them to just 'add' another channel to push to).

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About your comment on overbooking - we don't have a large order book for hotel reservations. It's a spontaneous purchase and today's system run way behind anyway. Also the broadcasting of the transaction can already temporarily remove the room or seat from the suppliers inventory - without having to wait for x confirmations. If it doesn't confirm then it can be released again after 2-3 blocks 50 seconds or so currently on Eth.

Temporarily removing inventory and releasing back if the t/x isn't confirmed makes sense (didn't think of this!) - definitely removes some immediate scaling pressure.

So, really appreciate you taking the time to thoughtfully reply Smiley  I think you're going to have a hard time with airlines (especially tier 2 ones) but for hotels WT looks interesting (and anything that can help change how distribution is done in the travel industry is definitely worth trying!).

Good luck.


Edit:
You guys should maybe consider talking to Triptease and seeing if they'd be an early adopter/brand champion (seems WT should be aligned with their mission).


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