LATOKEN
The Hotelium token (HTL) is an utility token of ERC-20 type on the Ethereum blockchain. They are the foundation of the whole Hotelium ecosystem as they will give clients and hotel owners access to the decentralized Hotelium platform. Our ledger will keep record of all transactions and execute booking and payments via smart contracts.
Hotelium platform is a booking marketplace connected to decentralized and public ledger. It allows customers, property owners and service providers to do business with each other with no intermediaries and therefore without any third party commission. With established services fees represent from 15 to 25 % of the total price! Both parties will benefit with the Hotelium platform.
Tourism is one of a few constantly growing industries, with last year 1.3 billion people crossing the borders of their homelands either for business or leisure. According to the World Tourism Organization (UNWTO) a 4% growth in hotel business is expected this year, next to a record 170 billion dollars in gross bookings.
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