TRVL | November 25, 2021
It was announced that TRVL, the utility token powering Dtravel, a decentralized platform for the home sharing economy facilitating short-term stays, will launch on Friday November 26, 2021 and will be available on MEXC Global, Bybit, Gate.io and Polkastarter.
"As we continue to expand our community to include an even greater variety of passionate voices, we're looking forward to seeing the TRVL token in action within our community and propelling the next evolution of home sharing, The token will grant unprecedented influence to home sharing hosts and guests, while serving as an example of how Web 3.0 will empower individuals to experience travel on their terms."
-Cynthia Huang, Growth, Marketing and Community Lead at Genesys Partners, the core team behind Dtravel
The unique differentiator with Dtravel is the inclusion of the TRVL token, which provides membership within the Dtravel ecosystem through the DAO (decentralized autonomous organization). All community members, including hosts and guests, have a say in the direction of Dtravel.
The TRVL token also creates an opportunity for members of the Dtravel platform to make and receive payments in TRVL, participate in governance and receive travel rewards. Revenue from Dtravel bookings is used to fund community initiatives, such as the Community Treasury and Host Protection Pool, which are also funded using TRVL.
In addition to the above, TRVL can be used for:
Travel: Hosts can list their property and accept payment in TRVL. Guests can book and pay for short-term stays in TRVL. Early hosts and guests who sign up and use the Dtravel platform will receive TRVL rewards as early adopters of Dtravel.
Loyalty: Onboarding initiatives for hosts and guests with 90M TRVL allocated towards community members who contribute to the growth of Dtravel. The Support-to-Earn program allows community members to contribute their time and expertise in exchange for rewards.
Governance: TRVL holders can participate in governance and voting activities that influence how the Dtravel platform is managed.
Protection: 1% of all booking fees are allocated to the Protection Pool, which offers up to US$1 million in protection to give hosts peace of mind when listing their homes with Dtravel.
TRVL powers the next evolution of the home sharing economy on Dtravel, where hosts earn more and travelers pay less. Travelers booking with Dtravel save on fees significantly compared to other home sharing platforms, with hosts paying 0% in fees. The community-owned Dtravel platform is governed by a network of hosts, guests and community members via the TRVL token. The TRVL token will go live on November 26 at 8a.m. EST.
TRVL is the utility token powering the Dtravel ecosystem. The TRVL token centers around 4 main areas - travel, loyalty, governance and protection. Additionally, it gives its holders membership as well as a vote in how the Dtravel platform is run.
Dtravel is a decentralized, global home sharing community that facilitates seamless short-term accommodation discovery, bookings and payments, with significantly lower fees than other home sharing platforms. Conceived by former executives of Airbnb, Expedia and other global technology companies, Dtravel aims to empower its members — including hosts, guests and token holders — to participate in the growth and decision making of a new type of home sharing economy through community governance.
washbnb | May 21, 2021
Washbnb, a tech-enabled linen solution for the short-term rental and hotel industries, has launched a crowdfunding campaign via Wefunder. The startup eliminates the laundry problem for property managers and Airbnb hosts whilst solving a key operational pain point for the reliable supply of hotel-quality bed and linen.
Washbnb is democratizing the investment process as a part of its community-driven strategy to grow the business for all stakeholders involved. By launching its seed round via crowdfunding with Wefunder, everyone has the chance to take a position during a startup company during a booming hospitality sector before travel’s predicted comeback, not just wealthy accredited investors. The short-term rental sector has remained resilient during the pandemic and bookings are now at an all-time high consistent with AirDNA going into a summer of revenge travel.
Washbnb is about to become an important tool for hosts and managers by eliminating common laundry challenges through automated linen procurement and management. As a tech-enabled solution, the corporate controls linen logistics and quality through data insights while exploring the newest in water and logistics tech to make sure an environmentally sustainable and efficient service. The result's an improved guest experience that reduces travel’s footprint while making businesses easier to work and grow.
Daniel Cruz, co-founder, and CEO of washbnb started the corporate in 2020 after handling the gap within the marketplace for an automatic linen solution as an Airbnb host himself battling laundry. Milwaukee-based, washbnb is rooted during a resurgent Midwest city featuring a fast-growing water-tech industry and fertile ground for both hospitality companies and laundry machine manufacturers.
Washbnb pivoted during the pandemic with washhero.org and aims to create a community-driven, sustainable company with zebra stripes. Daniel says: “Our customers drive what we do, and that they love washbnb. We take their biggest challenge off of their plates and that we roll in the hay in higher quality, safer, and far more sustainable way. Hosting may be a great business, just check out Airbnb’s recent IPO, and we’re here to support these great businesses on the bottom, where they have it most. It’s a completely new category of business that must be created. Our customers see that and need to take a position because they need to assist. That’s how we build community.”
Investment at this stage will fuel talent acquisition, research, and development also as future expansion into fast-growing, short-term rental destinations.
Avoya Travel | November 23, 2021
Avoya Travel, one of the travel industry’s most innovative companies, is pleased to announce that it has closed on an investment from funds managed by Certares Management LLC, a global travel, tourism, and hospitality investment firm. Certares joins brothers, Jeff and Michael Anderson, as Co-Owners of Avoya and together are committed to long-term growth and scaling its vacation platform. Terms of the transaction were not disclosed.
“We are honored to welcome Certares as a partner in Avoya Travel. It’s taken tremendous endurance to build our industry-leading platform and we are excited for our brilliant employees, independent travel advisors, and suppliers – especially during these unprecedented times,” “We look forward to partnering with Certares to capitalize on the growth opportunities we see ahead as our industry begins its strong recovery.”
-Jeff Anderson, Co-Owner and Co-CEO of Avoya.
Avoya continues to invest in its people and technology which, despite the global pandemic, has driven record high customer satisfaction ratings. Avoya’s new investment from Certares will further position Avoya as an industry leader and accelerate the company in its pursuit to perfect vacation shopping, planning, and booking.
“We are thrilled to be partnering with the Anderson family as shareholders of Avoya and are cheering on the entire Avoya team,Through three generations of family leadership, Avoya has built an incredible team which has consistently pioneered innovative technology, industry-leading marketing and unmatched relationships with independent travel agencies, travelers, and suppliers. We are delighted to support the next phase of Avoya’s growth.”
-Colin Farmer, Senior Managing Director and Head of the Management Committee of Certares
The Anderson family has developed deep relationships in the travel industry for nearly 60 years and formed Avoya Travel in 2006. Co-Founders and brothers Jeff and Michael Anderson, having managed day-to-day operations for nearly a decade, will serve as Co-CEOs of Avoya. As part of the transaction, Brad Anderson will move to a senior advisory role and Van Anderson will retire. The first generation of the family in travel, Pal and Pat Anderson, started in the industry in Hawaii in 1964.
About Avoya Travel
Avoya Travel is redefining how vacations are booked by connecting travelers with independent travel advisors who deliver personalized service and value. Through its proprietary digital platform and vast demand channels, Avoya offers software and services to thousands of companies including cruise lines, resorts, tour companies, and independent travel agencies. Avoya has won numerous awards for its technology and innovation, including holding multiple patents, and serves travelers in North America and beyond. For more information, please visit AvoyaTravel.com.
Established in 2012, Certares focuses on direct investments in proprietary transactions, leveraging deep sector experience in the travel and hospitality industries, and with a consistent emphasis on partnership with management teams to drive growth. Certares brings together a team with decades of both operational and investment experience in private equity, travel, tourism, hospitality and travel-related business and consumer services. For more information, please visit certares.com.