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EMPIREHOTELS - Reinventing Hospitality

Dear friends, check out this video presentation to catch a glimpse on the journey we are about to embark upon.

As we all know, a hotel reservation system works by processing secure online reservations made through a hotel’s website. The data is then passed onto a backend system which can be accessed by hotels to manage bookings. Other features may come with it – for example, the automation of reservation confirmation emails.
Small hotel managers and owners recognize that technology is key to growing their business and increasing their bookings overtime. To sell rooms to capacity and to appeal to a global audience, a hotel reservation system is required.
On another level, many speculate that hospitality success is due to workforce management and employee-guest engagement, which makes a lot of sense. Interpreting the data and analytics behind the business seems like the only practical reason that the hospitality (or any) businesses that are around today have stayed around. Obviously, this is not the only factor especially when it comes to hospitality, hotels specifically. Anyone can sell a room and bed, hotels must sell outstanding service with brand recognition in order to receive consistent customer satisfaction.
But hey, EMPIRE HOTELS is a global platform and application, where users can order rooms and services using fiat and crypto assets, using blockchain and smart contracts.
ABOUT EMPIREHOTELS
Empire Hotels, a revolutionary booking platform, intends to solve this pain point faced in hospitality industry by cutting out commissions for third parties and leveraging the blockchain technology to facilitate better data management and transactions system for hotels. Empire Hotels aims to offer a currency to be used in the hospitality industry, thereby creating an easy-to-use platform for the public, and an API for integration with other systems.
Empire Hotels is a booking platform built on blockchain technology, and it will be able to solve the major problems faced in the hospitality industry and provide the best user experience to guests and the service provider. Which are:
Double booking - The double-booked room is an unavoidable issue. Well-trained staff can prevent booking errors.
Incorrect Data - Incorrect data can put a great amount of stress on both the customer and the front desk agent or manager.
Expensive booking portals - Majority of the hotel bookings happen through online booking portals. The portal charges usually sum up to 15-25% fees on the booking cost.
Platform maintenance - In order to maintain an Over-The-Air service up and running, companies spend resources on infrastructure, software and hardware maintenance.
Financial and transaction fee - The financial institutions between the customer and the hotel will charge a fee to process transactions.
Foreign transaction fee - When booking an international hotel, fee of approximately 3% is discreetly charged from the guest to process the transaction.
Currency Conversion Fee - When someone pays with foreign currency to book a room, the rates applied on the currency conversion are generally higher than what the rates actually are moment of booking.
WHY WE NEED EMPIREHOTELS
Empire Hotels is solving these problems by eliminating any third parties and leveraging the blockchain technology to facilitate a better data management and transactions system for hotels, platform can revolutionise the way the industry runs. Empire Hotels offers a currency to be used in the hospitality industry. This would create an easy-to-use platform for the public and facilitate an API for integration with other systems. The unique architecture of Empire Hotels platform enables the hotel bookings to be executed as crypto transactions. Every transaction is executed and stored in a decentralised P2P network so that the platform can provide improved data management and reduce costs for transactions as compared to other platforms available in the market.
Simple, easy, and fun
Users can browse for hotels and experiences nearby. They can place bookings using both fiat and EMPIRECASHs — our digital asset.
Truly empowering hotels
Even though there are no fees for the registration, a small fee — the smallest on the market — is added to each transaction in order to make the platform viable. Affordable fees for owners; lower prices for users.
Revolutionizing the Hospitality Industry
The developers took care of every little step during the app development process. We want to give the best experience to our users.
The Benefits
Cheaper booking - Using cryptocurrency for hotel bookings can drastically reduce the transaction fees and rule out international payment charges and currency conversion fees. By adopting this strategy, it is possible for the hotel to increase its profit margins while offering to the users the opportunity to book a hotel at a much cheaper price.
Secure and reliable - By using blockchain to process transactions, transparency and security are preserved more than ever. Unauthorised parties will not be able to access confidential user data. Every transaction will have an ID associated with the user if required. All non-sensitive data exchanged during the booking process will be encrypted and saved in the transaction details, protecting both user and hotel against fraud.
Accurate Reservation - Blockchain is a non-centralised solution for the double-booking problem, a classic problem that could not be solved without a trusted entity mediating the transaction. The bookings are executed as crypto transactions in Empire Hotels platform and before confirmation, the timetable for the room is verified on blockchain and this virtually eliminates the possibility of double-booking.
How It works?
The Empire Hotels cross-platform applications interfaces between hoteliers and guests. It works just like any other booking platform; hoteliers can list their hotels on the platform for free and guests can browse through the listed hotels. In the Empire Hotels platform, all booking transactions and inventory management data are stored in the blockchain network for effective data management.
Through the platform, guests can make payment using cryptocurrency - EMPC tokens (it is the utility token powering the platform), which will be converted to fiat and paid to hoteliers by the platform. Guests are rewarded with added services when they use the platform more frequently. The incentive model of the platform is designed to encourage guests to use the platform frequently and to hold the EMPC tokens with them longer to get more benefits.
Empire Cash (EPMC) Token
Empire Cash (EPMC) is a token produced by Empire Hotels to complete payments for services and distribute gifts “and will not be subject to processing fees”. Now and the Future of Empire Hotel For company security to work with Netverify (which “helps prevent fraud, fake or stolen ID use”). Others include Accubits, which “really pushed [Empire Hotel] into the market” and AppInventiv: “an application development company, based in India”. Empire Cash (EPMC) is a token produced by Empire Hotels to complete payments for services and distribute gifts “and will not be subject to processing fees”
Usage of Funds
The Empire Hotels platform will issue Empire Cash tokens (EMPC tokens) to fuel the transactions and incentive models of the platform.
The total supply will be 1,350,000,000 EMPCs. The Initial Coin Offering intends to raise $36,000,000 through its various phases.
The Frequently Asked Questions
When does  EMPIRE  CASH  plan to be registered in crypto exchange?
After the completion of the Sales Token and subsequent token distribution, a list of  CASH EMPIRE is   planned in several major exchanges. Our team has reached an initial agreement with representatives of this exchange, however, we are not free to disclose their names or exact dates for the planned list. Please wait for the official announcement from this exchange.
What is  EMPIRE CASH? -  How do I buy it?
EMPIRE  CASH  is a payment token, which is used as a medium of exchange between service providers and customers in the HOTELS EMPIRE  platform   . This can be purchased at the token sale at, which starts in February 2019. The base price per  EMPIRE  CASH  is \ (1 \ more than 7800 \) ETH (,0000,000128205 ETH). The initial participant of the Sales Token is entitled to receive a bonus.
How many EMPIRE  CASH tokens  have been issued? - Is there a possibility of additional tokens to be issued?
There are a total of 367,200,000 EMPIRE  CASH tokens   issued, ≈85% of them (or 312,000,000) will be available for sale. Smart contracts do not allow for the issuance of additional tokens.
ROADMAP
First Draft Idea – November 2017
The first idea for applications and platforms was designed. Although this idea has changed over time, in November 2017 we first discussed the development of this project.
Smart Contract Design – March 2018
Smart contract development and auditing are important stages in the ICO process. During this stage, crypto-economics, numbers, and inventory are defined.
Whitepaper Development – March 2018
Whitepaper explains the technology and features of our application and platform, as well as plans for the future.
Website Development + Dashboard – June 2018
The website and dashboard wallet was developed using the most modern technology, and was repeatedly tested on many different devices.
ICO Phase – Commenes in January 2019
The ICO phase will begin in January 2019 and will be divided into three parts: Pre-ICO (pre-sales), Phase 1, and Phase 2.
Launch of Applications for Android and iOS – April 2019
The first version of the application will not be beta; it will be fully operational. This version will activate all features from day one and will be updated from time to time.
Launch of EMPIRECASH Payment – July 2019
This feature, scheduled for July 2019, will provide a tool for users to pay via contactless using their cellphones, while attracting from available EmpireCash coins.
TEAM
ADVISORS
For more information, please visit:
Website : https://www.empirehotels.io/
Whitepaper: https://www.empirehotels.io/docs/en/whitepaper-en.pdf
Twitter: https://twitter.com/empirehotelsapp
Telegram https://t.me/empirecash
Facebook: https://www.facebook.com/empirehotelsapp
Instagram: https://www.instagram.com/empirehotelsapp
YouTube: https://www.youtube.com/channel/UCsSnBBk4StaGk1hsu-SQeVw
LinkedIn: https://www.linkedin.com/company/empire-hotels-app

Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

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