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 millenials can rent it, that’s what they will do.
The “ownership shift” isn’t restricted to the Millennial camp - all ages are in on this trend. Consumers prefer subscriptions like Hulu, Netflix, Amazon Prime, Apple Music, and similar services as opposed to owning albums, CD’s or movies. A frequently enjoyed perk of these subscriptions are being able to subscribe or unsubscribe at any time without penalty.
Super Flexible Travel
Flexibility in the travel industry has been missing - until TravNow™ introduced this convenience. TravNow™, an organization with over 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 technologies, TravNow™ gives members access to "closed user group" pricing and uncapped benefits.
TravNow™ is monetizing its dabase of over 15 million members and capitalizing on one of the biggest shifts in business today, the profitable subscription business. 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 with the member for each hotel & resort booking, lowering the cost significantly 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 a 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, and going up to $100/month. Monthly subscription pricing will vary based on the services and discounts being offered.
The company plans to track all bookings and Codes activated through TravNow's™ 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 propels 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 valuable commercial relationships with some of the top providers in the travel industry, including the world's largest vacation exchange company, Resort Condominiums International (RCI), 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.