Buktrips x StayCal Hospitality Partnership
Buk Technology is a revolutionary hotel inventory tokenization protocol that is changing the way the hotel industry operates. Buk Technology essentially tokenizes a hotel’s inventory, which includes room bookings and other ancillary spends. Buk Technology’s innovative approach provides hoteliers with more control over their inventory while also increasing the efficiency of their operations.
StayCal Hospitality is an established hospitality company operating out of the Bay Area with brands like Best Western, Holiday Inn, Aristocrat hotels, Half Moon Bay, and more. StayCal Hospitality’s commitment to excellence and superior customer service has made them a leader in the hospitality industry.
Through this partnership, Buk Technology will integrate with StayCal Hospitality’s hotel properties, offering tokenization of their inventory to provide better control over room bookings and ancillary spends. With this integration, StayCal Hospitality will be able to streamline their operations and better manage their inventory, resulting in improved guest experiences and increased revenue for the hotel.
This partnership is a testament to the continued innovation and progress in the hospitality industry. Buk Technology and StayCal Hospitality are excited to work together to provide guests with an even better experience while also improving operational efficiency and revenue for hotel properties.
About Buk
BUK is a decentralized, open chain globally accessible protocol, making the conventional hotel inventory distribution and booking experience more flexible and decentralized to benefit all stakeholders — travellers, hotel owners and even middlemen who trade these inventory.
With BUK, every room for each night is a Non Fungible Token which represents the right to stay in that particular room of that hotel for a specific night. However, unlike a traditional booking this token that represents your buking- can be traded and sold to someone else. This offers tremendous flexibility with hotels and intermediaries collecting commissions from these trades. This also opens up major opportunities for better price discovery and timelines that would have once been impossible. With trades and transactions stored securely on the blockchain, participants can benefit from full transparency.
With its standalone protocol layer, BUK paves way for further innovation as developers are able to create their own applications on top of it. Get instant on-chain payouts when your bukings are sold to someone else.
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