Traveler.com: Redefining the Travel Industry

Traveler.com: Redefining the Travel Industry

Travel agencies are private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers. In addition to dealing with ordinary tourists, most travel agencies have a separate department devoted to making travel arrangements for business travelers; some travel agencies specialize in commercial and business travel only. There are also travel agencies that serve as general sales agents for foreign travel companies, allowing them to have offices in countries other than where their headquarters are located.
The travel and tourism industry is one of the world’s largest industries with a global economic contribution of over 7.6 trillion U.S. dollars in 2016. The direct economic impact of the industry, including accommodation, transportation, entertainment and attractions, was approximately 2.3 trillion U.S. dollars that year. A number of countries, such as France and the United States, are consistently popular tourism destinations, but other, less well-known countries are quickly emerging in order to reap the economic benefits of the industry.

The Travel Industry and Cryptocurrency

The cryptocurrency technology has come to the fore and is meant to release international travelers from the woes of currency exchanges, carrying large amounts of cash on hand, withdrawal fees and fraud. Decentralized ledgers, digital wallets and frictionless transactions could be the future. These are the founding tenets of cryptocurrency. The world of travel is open to working with the concept of digital money and Travel.com is taking advantage of it. The blockchain technology at its foundation is already revolutionizing all kinds of processes.

Traveler.com is making a difference

The platform is doing the unprecedented in the subsector by offering a fair market travel ecosystem that is designed to accept cryptocurrency for booking hotels, flights, car rentals and other travel services without adding a profit margin to the prices customers are expected to pay. It has its local Token known as  the TVLR Token which when one buys it automatically translate to buying travel at the lowest net prices negotiated by the smartest most aggressive wholesale buyers around the globe. These will among others include priceline, Booking.com, HotelBeds, LBF, Miki, Tourico, GTA, HotelsPro, HotelUSA, RoomXML, Zumata, and many others.
The funds generated from their token sales will help in the development of an innovative new blockchain for the travel industry, sold as software as a service to their travel industry customers.
Ever since becoming quite mainstream, cryptocurrency has started being accepted by more and more companies in the travel business. Travel.com enables crypto holders to purchase travel services with such cryptocurrencies as Bitcoin, Bitcoincash, Ethereum, and Litecoin.directly without any requirement to first convert to fiat. Arrangements are being made to expand the list as to the number of cryptos being used.
The difference with Travel.co is that the crypto to be used is the choice of the customers or users but beyond that holders of the TVLR token will have an even higher discount on every transaction made on the platform.






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