It’s time to cut out the middleman fees, but not the middleman! Whether it’s to get over the winter blues or simply treat yourself, there’s nothing like a good vacation to lift spirits. And thanks to the internet and a range of third-party sites, it has never been easier to book a getaway… But it has also never been more annoying!
Be it an apartment for a few days, a house in the mountains or a beachside resort to recharge your batteries, there’s an abundance of choices on offer. Choices that are often advertised as “affordable” but rarely are – And here is one major reason why.
Airbnb does what?
According to the experts, third-party sites may not be that great after all. When you book through the likes of Airbnb and Booking.com, the properties are losing anywhere between 20 and 30 percent due to commission fees. Because of this, they tend to save their best rooms for people who book with them directly. And who can blame them? 30% is a huge dent on their takings.
When booking directly, all the payment goes to the property owner or hotel, meaning they are far more likely to be generous with those little add-ons that can transform just an ok stay to a great one.
So.. What does this mean? Should you be putting in more effort to get the best deals?
Maybe not just yet.
Put it on LOC
There is a new landlord in town with eyes on disrupting the industry. LockTrip is pretty much like Airbnb but with one major difference: 0% commissions on bookings.
Now, normally I would be skeptical of any business or service that offered such drastic promises. If other sites are charging up to 30% commission how can LockTrip promise 0%?
It’s simple… Blockchain! Hence why skepticism has found no refuge here!
We have been hearing about the kinds of revolutions that are being brought about by blockchain technology in finance and other industries, so why not for rentals too?
The great thing about blockchain, among many, is that the technology allows transaction fees to be cut to nominal amounts.
LockTrip offers an ecosystem and marketplace with its own digital token LOC that will significantly lower your travel costs and unlock your dream vacation.
What that means for hoteliers and property owners using LockTrip is they can sell their rooms on the platform without having to worry about paying exorbitant commission fees.
For you? Cheaper rooms and all those little add-ons that we’ve all grown to love but rarely get!
And for the big three trusted-third-party services (Airbnb, booking.com, and Tripadvisor) it might be time to go back to the drawing board, because who’s going to want to pay the middleman with a cheaper and better option around?
To learn more about LockTrip visit: https://locktrip.com/
Images courtesy of LockTrip