EZYSTAYZ - Book accommodation, rent out properties and experience travel

How to Deal with 13 Common Challenges in the Hotel Industry?

Not all the challenges in hotel industry are unique, but many are common in hospitality as well as in other industries.

Are you frustrated and truly wish to overcome the challenges in hotel industry?

Don’t fret! Despite a volatile market, year-on-year you’re witnessing a rise in travelers globally who aim to get the best hospitality services at the best price.

A high tourist influx makes travel and hospitality industry very lucrative business which always have something new to offer to guests in every age.

What is the need of knowing challenges in hospitality industry?
Despite hospitality businesses being a profitable one, hoteliers shared their problems and challenges out of which a few major hotel management problems and solutions are discussed here:

1. Hiring and retaining the staff
2. Change in marketing trends and dynamics
3. Operational issues
4. Rising cost of daily consumables
5. Housekeeping issues
6. Change in guest expectations
7. Irregular cash inflows
8. Data security challenges
9. Maintaining online reputation
10. Losing loyal customers
11. Change in technology
12. Hotels are not data driven
13. The growth of local hospitality hosts and rising competition

To solve room rental issues, make a reservation. Today I introduce to everyone the EZYSTAYZ project

EzyStayz already has a fully functioning website with over 800,000 property listings worldwide. But the EzyStayz website is structured as a part of a bigger network that works through one blockchain-based platform to fulfil various B2B functions. EzyStayz will partner with multiple providers to make transactions seamless, thus acting as a bigger umbrella for existing cryptosolutions. The platform is designed to encourage participation through a two tier reward levels targeting short term and long term participants as well as stimulating referrals.

The EzyStayz website is the heart of the short term rental blockchain-powered ecosystem. Key elements of the platform are the digital wallet, website, modular features, and EzyStayz token (EZY).

THE PROBLEMS EZYSTAYS SOLVE

The centralized rental market represented by huge online booking platforms has a number of flaws:

1. Centralization : A centralized service can block your account without any explanation depriving you of the possibility to use its services.
2. High fees for property owners : The rental platforms take a lion’s share of their profits to themselves.
3. Third-party governance: The users have to depend on the good will of such platforms and have no control over their money until the withdrawal
4. No way to pay with cryptocurrencies: Bitcoin and its alternatives has become quite popular over the past few years. But since it is quite volatile and risky, the chances that big platforms will soon implement it are very low.

EZYSTAYZ’ SOLUTION

1. A decentralized marketplace for travelers and property owners : We created a decentralized platform where travelers can connect with the property owners directly. A blockchain-based
   account can be neither blocked or suspended.
2. Reasonable fees for property owners: Our fees will be much lower than those imposed by centralized services, so property owners can gain higher profits and reduce costs.
3. Deals governed by smart contracts: Users will no longer have to entrust their funds to the third-parties. All the deals will be governed by the code and the funds will be released automatically once the conditions are met.
4. A possibility to pay with crypto: User will be able to pay with our native EZY token or with a variety of other cryptocurrencies enjoying fast transactions and small fees.

Modular Features
The EzyStayz platform is designed with beneficial components equipped with the infinite potential of internet for scalability purposes. It has been reported that realty software increases the accuracy and maximizes the profit. Landlords and tenants can greatly benefit from the modular features of cloud based property listing software. Landlords with multiple rental properties find real estate management software as extremely useful. Blockchain-based real estate management software offers myriad benefits to the landlord, tenant, and property management firm. The feature of comparing different property units adds elegance to the credibility and reputation of property listing management software.

Smart Contracts
The cornerstone of any reliable security system is authentication and the adoption of smart contracts will enable EzyStayz to solve the common issues of the property rental market, which are a lack of transparency and efficiency, and a higher incidence of inaccuracies that creates a greater potential for fraud.

By offering a 100 percent incorruptible resource, whereby the sender and recipient of funds was logged, and where “digital ownership certificates” for properties are saved, the blockchain would effectively make forged ownership documents and false listings a thing of the past. The unique “digital ownership certificates” would be almost impossible to replicate, and would be directly linked to one property in the system, making selling or advertising properties you don’t own part of property DNA.

Putting these smart contracts on the blockchain will give a strong element of permanence and immutability attached to them, which will allow us to:

✔ enable near real-time settlement of recorded transactions, removing friction and reducing risk, but also limiting ability to charge back or cancel transactions.

✔ allow any two parties to transact directly with each other without the need for a trusted third party.

✔ retain a public history of transactions and a secure source of proof that the transaction occurred on the blockchain.

Why paying with cryptocurrency?
Digital cryptocurrencies are the new trend that has quickly gained popularity over the last few years, and there’s a good reason behind it.
Cryptocurrencies have made it possible to send payments instantly to any part of the world at low fees bypassing banks and government regulations. On the other hand, the irreversibility of such transactions without the receiver’s consent reduce the risk of fraud and chargebacks. This is what makes the blockchain technologies a real gem for B2C eCommerce.
Here are some facts proving that cryptocurrencies are becoming a new standard for eCommerce payments:

A survey from HBUS revealed that 20% of the US citizens have invested into cryptocurrency as of April 2019.
According to numerous reports, more and more industries start implementing the blockchain technologies into their operations: healthcare & medicine, content delivery networks, education and many more.
Microsoft, Newegg, and Dish Network accept payments in Bitcoin
Intuit offers “Pay by Bitcoin” service for its QuickBooks Online customers.
The global market Overstock.Com accepts payments in crypto
You can pay with bitcoins at Subway and Starbucks
Expedia accepts Bitcoin payments for travel
PayPal currently accepts Bitcoin and is considering adding Ethereum as a method of payment.

THIS IS A PROJECT WE SHOULD REFER. BRING A LOT OF UTILITIES FOR USERS IN THE HOLIDAYS

Website: https://io.ezystayz.com/
Whitepaper: https://io.ezystayz.com/#/whitepaper
Facebook: https://www.facebook.com/ezystayzofficial
Instagram: https://www.instagram.com/ezystayz
Twitter: https://twitter.com/ezystayz2014
Telegram: https://t.me/EzyStayzofficial
Medium: https://medium.com/@ezystayz
Youtube: https://www.youtube.com/channel/UCDvQOHa-9pwh_PEEsgjsFWQ/featured
Author :
Name BCT: taocungkhovl
Link Profile BCT: https://bitcointalk.org/index.php?action=profile;u=2376475
Username Telegram: @dtetgzzdas