Clearcost makes hotel reservation cheaper

KUALA LUMPUR: ClearCost, a startup hotel booking service has launched its pre-ITO for hotel reservation that benefits customers to book rooms for low prices and less advertising expenses for hotel vendors. The pre-ITO set concludes on June 20, 2018.

“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,” said ClearCost founder, Pavel Malyshev.

He also added that travel agencies usually spend up to 15 per cent 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, a statement said.

This community-centric approach aimed to make travel more accessible to customers as they can avoid today’s high prices and focus on their vacation. The approach also benefits the vendors as they receive a constant flow of customers without huge advertising expenses.

Interested parties can use ETH, BTC and other popular cryptocurrencies to participate in the sale. ClearCost will be offering a 20 per cent discount to participants during the pre-ITO as per-token price at this point is US$0.80 (RM3.13).

ClearCost is an innovative blockchain-based booking startup that reduces accommodation costs and cuts hotel marketing budgets. The company aims to transform travel industry by creating a unique booking service. — Bernama