Digital Assets
Are NFT Hotel Room Packages the Future?
Steve Lapekas | December 14, 2022
By Steve Lapekas Hotels and guests are already banking on initiatives that tap into the growing experience economy and Web3 If, at one point, you’ve found yourself muttering the words, “what in the world is an NFT?” Well, you aren’t alone. While the modern world has set an undeniable precedent for digital adoption and savviness in the face of frequent innovation, the introduction of the metaverse and, around the same time, the popularization of cryptocurrency and NFTs left some of us feeling perplexed. Seemingly overnight, NFTs (short for non-fungible tokens) became the talk of the town, with individuals scrambling to get a...
RIP BookingSuite: Protecting Your Hotel’s Digital Assets
Vikram Singh | November 4, 2020
By Vikram Singh On November 30th of this year, Booking/Priceline is shutting down its BookingSuite product, likely affecting hundreds of hotels worldwide. In short, they will stop running websites, booking engines, and revenue management software for their hotel clients. Even with the volume of hotels they amassed on their platform, the headache is clearly not worth it to them anymore. Sadly, they timed the shutdown during the toughest year on record for the hotel and travel industry. In addition to dealing with the pandemic, hotels on their platform now need to gather their digital assets and go vendor hunting. That’s not an easy task e...
