Blockchain technology tends to impose itself in all areas of economic life. Increasingly, this technology is being adopted due to the cost-effectiveness, efficiency and time savings it offers. Obviously, the ecosystem around the hotel industry does not want to be left behind by this development.
Staynex wants to revolutionize the hotel sector thanks to blockchain
Blockchain will breathe new life into the current way the hospitality industry operates. This is the opinion defended by Bernard Lau, the boss of the Staynex company. This is a company active in the hotel sector.
In a recent interview, the manager spoke about blockchain and its benefits for the hotel industry. Bernard Lau believes there are opportunities for this technology to provide solutions to the sector’s challenges.
According to his explanations, this perspective would be all the more relevant as it is implemented with the possibilities offered by AI. A technological alloy that should facilitate relationships between users and hotels in a transparent and direct manner.
The strategic integration of blockchain and AI could also be combined perfectly with Web 3.0 solutions. According to Bernard Lau, such a possibility would provide a user-friendly experience for both old and new users.
This innovative approach would not only be beneficial for them. It would be especially profitable for the hotels themselves. These companies could actually maximize the revenue generated by their activities by offering tailor-made services.
The strategy to get there
It is with this ambition that Staynex has entered into a partnership with the Chinese telecommunications giant Huawei. A deal through which the company wants to take advantage of AI and Web 3.0 solutions to improve users’ travel experience.
Concretely, Staynex is actively exploring innovative solutions, such as the tokenization of individual nights. A way giving users the freedom to choose the length of their stay while maintaining competitive prices.
This solution would probably be a game-changer in the current context of the hotel market. For example, there is a disconnect between the high prices of online travel agencies and fixed-term rentals.
Integrating this solution would set new standards in convenience. Rules which will bring a certain added value to a constantly evolving hotel ecosystem.
This development to some extent confirms Bank of America’s projections. A few months ago, the financial institution indicated that the adoption of blockchain had become inevitable.
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