TRAVEL TECHNOLOGY

TRVL Token Launch Announced on Four Platforms

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.

About TRVL
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.

About Dtravel
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.

Spotlight

We regulate certain key facilities and services to get people and cargo on and off aeroplanes at New Zealand’s three major airports.

Spotlight

We regulate certain key facilities and services to get people and cargo on and off aeroplanes at New Zealand’s three major airports.

Related News

TRAVEL TECHNOLOGY

Huawei and Skyscanner Enter Partnership to Enhance Petal Search and Petal Maps

Huawei & Skyscanner | May 31, 2022

Huawei and Skyscanner entered a partnership to bring new flight search capabilities to Huawei users using Petal Search. This partnership will allow millions of travelers to find the best flights, hotels, and car hire options. Skycanner has enhanced Petal Search and Petal Maps on the Huawei Mobile Services through its market-leading flight search capabilities. Its extensive network of over 1000 suppliers can help Huawei users easily search for and compare flights, hotels, and car hire options around the globe. "We're pleased to be partnering with Huawei to be powering flight discovery in Petal Search with our industry leading API. Petal Search users will now be able to find millions of flight combinations to destinations throughout the world, all in the palm of their hands with the most competitive flight prices and fast results. Our collaboration comes at an important time for the travel industry and we're looking forward to winning both globally and locally together in the coming months and years ahead." -Sonja Balcer, Director of Affiliate Marketing from Skyscanner The Skyscanner integration will be available to 40 million monthly active users of Huawei Petal Search in 170 countries and over 28 million monthly active users of Petal Maps in 160 countries. It will be available in Europe before the rest of the world. Petal Search users can enjoy access to the same coverage, content, and competitive pricing just like native Skyscanner users. "As tourism picks up and consumer confidence grows, we think this is the perfect time to encourage consumers to get back out there. We want to support adventurous mindsets by building new and existing partnerships with travel and search brands to help build Petal Search as an efficient and reliable travel companion," -Jaime Gonzalo, VP of Huawei Mobile Services Europe. Jaime added: The arrival of Skyscanner to Petal Search showcases our commitment to providing our users with more choice, and sets a new milestone for our dedication to working with market leaders and innovators. Petal Search leverages the latest technological innovation to provide consumers with cognitive search capabilities globally. It aims to provide a search experience populated with high-quality content and services, partnering with leading brands and businesses across all industries to make the everyday needs of Huawei users as effortless as possible.

Read More

TRAVEL TECHNOLOGY,BUSINESS TRAVEL

Cathay Pacific Airways Extends Partnership with Sabre

Sabre | June 21, 2022

On June 20, Sabre, a leading software and technology provider in the travel industry, announced an enhanced partnership with Cathay Pacific Airways. This partnership will allow Sabre-connected travel agencies across the world to access dynamic New Distribution Capability (NDC) content from Cathay Pacific through the Sabre travel marketplace. Sabre gets extra traction on its NDC roadmap while creating additional modern airline retaining opportunities for Cathay Pacific. Additionally, the partnership Sabre-connected agencies to shop, book and service Cathay Pacific content to create more personalized experiences for the end traveler. At the beginning of this year, Cathay Pacific chose Sabre’s Fares Manager and Fares Optimizer solutions to achieve strategic pricing and intelligent offer creation. "As we move further into recovery, it's vital that we are able to create more differentiated content that is reflective of travelers' wants and needs today and tomorrow, Having created that content, we need to make sure that as many travelers as possible have access to it, whether through direct or indirect channels. That's why we're delighted to be joining Sabre's Beyond NDC family at this key moment for the travel industry." -Cathay Pacific General Manager Sales and Distribution Martin Xu. " NDC is more important than ever as the travel industry seeks to capture the tailwinds of recovery, and 2022 is gearing up to be a key year for our NDC efforts," said Kathy Morgan, Vice President, Channel Delivery, Sabre Travel Solutions. "A critical enabler in creating a more dynamic distribution environment where it is easier to adapt to changing marketing conditions, NDC is a win-win-win for the airline, agency and traveler, so we're thrilled to have Cathay Pacific join us as we continue to drive our long-term Beyond NDC retailing and distribution vision forward. Sabre is set to advance its capabilities as the agreement builds on a busy NDC roadmap. Cathay Pacific resumed flying to more destinations following changes to some travel curbs in Hong Kong.

Read More

DESTINATION AND TOURISM,INDUSTRY OUTLOOK

Travel Advisors See Strong Demand for Luxury Trips This Summer

Internova Travel Group | July 05, 2022

Dream destinations, multigenerational vacations and a desire for unique experiences are some of the trends driving luxury travel for the summer in 2022, according to travel advisors from the Global Travel Collection (GTC). The United Kingdom tops the list of international destinations booked by GTC travel advisors, a spot it's held for the last five years. Other places in the top 15 include Italy, France, Israel, Spain, Switzerland, Mexico, the United Arab Emirates, Greece and Germany, followed by South Africa, Ireland, Australia, the Dominican Republic and Portugal. Luxury travel advisors with GTC brands report that their clients are excited to travel again, with some booking multiple trips. And they're willing to spend more to get the vacation experience they want. But that high demand is driving up prices, and hotels are stretched thin due to staffing shortages, limiting availability. "Europe is in high demand this summer, with destinations like Greece, Spain, Portugal and Italy the most booked, My luxury travel clients do a combination of experiences, like cooking classes, hiking/biking excursions and immersive activities connecting them to the place, as well as making sure they have dining reservations at the top spots." -Tiffany Bowne, with All Star Travel Group, a brand within Global Travel Collection. Carolyn Consalvo, with Global Travel Collection's Andrew Harper, remarked that beach vacations and Alaska cruises are very popular. "I would say most people are looking for destinations where they can be outdoors a majority of the time," she said. "Bucket lists are becoming to-do lists,Many of my clients want to travel to their dream locations," with destinations as varied as the Maldives, southern Italy's Amalfi coast, Australia and Hawaii. -Shayna Mizrahi, with In The Know Experiences, also part of Global Travel Collection Remote work has also opened up new possibilities, she added. "The demographics of my most active luxury travelers today are young professionals, who now can work remotely from anywhere and are choosing to combine this with unique luxury trips. Luxury travelers are eager to make up for the time they couldn't spend seeing the world with friends and family over the past two years. I'm doing multiple multigenerational trips — grandparents not wanting to miss any more time and taking their family on an unforgettable trip of two to three weeks, said Diana Castillo, with Protravel International of Global Travel Collection. Laura Triebe, also with Andrew Harper, is also handling more requests for multigenerational vacations and bucket-list destinations like Hawaii and Africa. I think the client that calls now is more serious about traveling and is willing to adjust to an ever-changing world. With rising prices and limited availability in some vacation spots, luxury advisors are putting their skills and experience to the test. Clients are willing to pay to get what they want," and that includes upgrading their accommodations, said Michelle Summerville, with In The Know Experiences. More people want to travel in the best way possible, better than they have in the past," she said. The greatest challenge in selling luxury travel right now is the severely limited space and availability for flights and hotel rooms in the most desirable destinations, said Leslie Tillem, with Tzell Travel Group of Global Travel Collection. We are seeing extraordinary demand in luxury travel across the spectrum, leading to a lack of availability at any price. Bridget Kapinus, with Andrew Harper, concurs. Demand is high for last-minute travel. She's also contending with factors like a scarcity of hotel rooms and higher costs for flights. Travelers who had never used an advisor before started to seek them out to help navigate COVID-19 entry and testing requirements. Now, they're sold on the value of a travel professional. "Your time is precious, and you want the assistance of an expert to help you plan your vacation, said Angie Licea, President of the Global Travel Collection. Our luxury travel advisors have years of experience putting together trips for their clients, as well as firsthand knowledge of the world's most popular destinations. They stay on top of the trends in luxury travel and deliver concierge-level service. Plus, travelers have the comfort of knowing that there's a human being they can call whenever they have a question or concern. My travels throughout these past 18 months have been our best marketing,said Castillo, of Protravel International. "We have shown our clientele that travel can be pleasant and enjoyable and that we can help set up all the requirements they may need in order to make their vacation seamless. Mizrahi, with In The Know Experiences, has also been sharing details about her travels, something her clients appreciate immensely. Her firsthand experience "is something that no Google search or website can provide. About Global Travel Collection Global Travel Collection (GTC), a division of Internova Travel Group, is the world's largest collection of international luxury travel agencies, including the well-established networks of Protravel International, Tzell Travel Group, and Colletts Travel, as well as Andrew Harper, In the Know Experiences, All Star Travel Group and R. Crusoe & Son. GTC advisors and agencies are industry leaders in providing premium travel services to leisure travelers, corporate executives and the entertainment industry. The combined global reach and leverage translates into value, recognition, and preferential treatment for its world travelers. About Internova Travel Group Internova Travel Group is one of the largest travel services companies in the world with a collection of leading brands delivering high-touch, personal travel expertise to leisure and corporate clients. Internova manages leisure, business and franchise firms through a portfolio of distinctive divisions. Internova represents more than 70,000 travel advisors in over 6,000 company-owned and affiliated locations predominantly in the United States, Canada and the United Kingdom, with a presence in more than 80 countries.

Read More