New hotel booking startup aims to reduce accommodation costs and hotel marketing budgets by introducing a pioneering booking service.
MOSCOW – ClearCost, a hotel booking service, announced the launch of its pre-ITO, which will conclude on June 20, 2018. The ITO will commence on July till October 2018. Aiming to change the $1.4 trillion hotel reservation market, the startup offers a win-win solution for both vendors, who minimize their advertising expenses, and customers, who are able to book rooms for record-low prices.
ClearCost founder Pavel Malyshev said, "Our project is a web-based travel club. Membership will allow travelers to book thousands of hotels worldwide with fair prices and no unnecessary fees. Travel agencies usually spend up to 15% of revenue on marketing and then add these expenses to the room booking price. ClearCost can sell the accommodation cheaper and save customers money by eliminating these additional costs."
This community-centric approach is based on a partnership that aims to make travel more accessible to customers so they can avoid today's high prices and focus on their vacation. Vendors benefit as well, as they receive a constant flow of customers without huge advertising expenses.
"The project's goal is to offer transparent pricing without any hidden fees in the hotel reservation process. Here, even infrequent travellers will have an opportunity to save up to $500 on hotel deals with just $50 worth of tokens," added Pavel.
ClearCost plans to conclude the pre-ITO stage on June 20, 2018. Interested parties can use ETH, BTC and other popular cryptocurrencies to participate in the sale. ClearCost will be offering a 20% discount to participants during the pre-ITO. The per-token price at this point is $0.80. Participants can at any time use tokens to make a hotel reservation at cost price.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
