Millennials Discover Flexibility in Blockchain Travel
Millennials Don’t Want to Own Anything And TravNow™ Has A Brilliant New Travel Program On The Blockchain, So They Don't have to.
One of the largest consumer segments are the Millennials (Gen Y), and statistics have shown that they have an aversion to owning things like cars, houses, apartments, timeshares, albums, CD’s, movies, and more. If they can rent it, they prefer to do so. This “ownership shift” isn’t isolated within the Millennial camp, all ages are in on this trend, consumers prefer subscriptions like Hulu, Netflix, Amazon Prime, Apple, and similar services, to owning albums, CD’s or movies. They can easily subscribe or unsubscribe at any time, without penalty.
Super Flexible Travel
That flexibility is missing in the travel industry until now.
TravNow™, whose principals combine for more than 150 years of experience in the travel industry, is disrupting the way hotels and resorts are reserved online by leveraging an intuitive mobile-first approach; accepting cryptocurrencies for payment; integrating blockchain technology where appropriate; and utilizing a proprietary method of leveraging "closed user group" pricing.
Monetizing its projected database of 15 million members, TravNow™ will capitalize on one of the biggest shifts in business today, the profitable subscription economy. Subscriptions offer a great deal of flexibility and are shown to be widely utilized by the millennial demographic, a key to capitalizing on this vast and growing market segment.
Disrupting the Way Hotels and Resorts are Booked Online
In order to disrupt the way hotels and resorts are booked online, TravNow™ shares a portion of its profit margin on each hotel & resort booking with the member, lowering the cost below what they pay on public websites like Expedia and Priceline. The company also shares a portion of its profit margin with any Client Company that refers the member.
How Does it Work?
Initial membership in TravNow™ is free. Members receive digital codes ("Codes") from their employers, companies they donate to, shop with, etc. The Codes come with a pre-loaded amount of savings ranging from $50 to $1,000 that can be used to lower the price paid on a hotel or resort on TravNow's™ website, guaranteeing a rate that is below public websites like Expedia and Priceline. As the value on the Code is used up, the company will offer various low-cost levels of subscription to its members, starting at just $4.99/month. Monthly subscription pricing will vary based on the services and discounts being offered.
The company plans to track all Code activations and bookings on its own blockchain-based platforms, providing accuracy, security, and full transparency.
For example, a $4.99/month subscription would allow the member to book hotels and resorts on the TravNow™ member platform with an unlimited amount of savings, instead of being limited to the pre-loaded value on their Code.
A $9.99/month subscription would include additional discounts on worldwide cruises, packaged vacations, and a travel concierge. Subscriptions can be subscribed or unsubscribed anytime and without penalty.
B2B Partners have welcomed this strategy as it perpetuates the lifecycle of a member using the platform, generating ongoing revenue to the B2B Partner.
Experienced Management Team
TravNow, Inc. is an operating Delaware Corporation, (“TravNow™ ”) founded by the very experienced management team of Reservation Services Group, LLC (“RSG”), which has operated in the wholesale travel space for 16 years. RSG is a B2B provider of leisure lifestyle and travel benefits that currently services more than 50,000 subscription members and has more than 300,000 corporate, affinity, and promotional members in its database. RSG has its primary operations office in Asheville, NC, as well as strategic travel and servicing offices in Atlanta, GA, and Orlando, FL.
Valuable Commercial Relationships
TravNow™ has secured established commercial relationships, either directly or indirectly, with some of the top providers in the travel industry including, Resort Condominiums International (RCI) the world's largest vacation exchange company, and a wholly owned subsidiary of Wyndham Worldwide, Amadeus, Hotelbeds, Bedsonline, Tourico Holidays, Get a Room, Expedia, Priceline, Bonotel, C.A.R.E. IATAN, CLIA, Travel Leaders Network, Norwegian Caribbean Lines (NCL), Royal Caribbean Cruise Lines (RCCL), Viking River and Ocean Cruise Lines, Regent Seven Seas Cruises (RSSC), Mark Travel, Fun Jet, Southwest Vacations, Globus, Apple Vacations, Sandals Resorts, and more.