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Existing hotel booking systems suffer from double booking due to centralized management software limitations, incorrect guest data allocation, and excessive transaction fees imposed by third-party intermediaries. These issues lead to revenue loss for hotels and inflated costs for customers.
A blockchain technology startup aiming to disrupt traditional hotel booking systems through decentralized solutions and cryptocurrency adoption
The platform is projected to reduce booking costs by eliminating 15-25% in intermediary fees, decrease double booking incidents by 100% through blockchain immutability, and increase transaction transparency across the hotel ecosystem. Early adoption of EmpireCash could create a $50M+ crypto economy within the hospitality sector.