A new generation of blockchain-based native OTAs could soon proliferate on the market. Pinktada is the first fintech platform that promises to fundamentally change the way hotels are marketed and bookings are acquired.
On Pinktada, each unique combination of hotel, room and night becomes a distinct token, a Room-Night-Token (RNT). When travelers make a reservation, they purchase an RNT, which entitles them to use a specific room (or room category) on a specific night.
Lyon Hardgrave, CEO & Co-Founder of Pinktada, explains what it means to tokenize hotel reservations and how blockchain/NFT technology helps to increase the sale of non-refundable reservations, ensuring revenue for hotels and providing flexibility to the traveler in case of changes in travel plans.
SPEAKERS
Lyon Hardgrave
Pinktada CEO
