May 18, 2018
How Airbnb overtook Booking.com
According to SimilarWeb data, Airbnb.com’s traffic was 6% behind Booking.com in march 2017, but by march 2018 they held a 20% gain - leaving them behind only TripAdvisor and Expedia.Read more
Few intermediaries currently dominate the market. A brake pad for further innovative development of the distribution of travel offers.
Lufthansa Group is always looking for forward-looking partners who share the vision of a new distribution landscape. The Lufthansa Group is, therefore, working closely with the Switzerland-based startup Winding Tree.
Winding Tree has dedicated itself to the reorganisation of travel distribution. With a decentralised B2B marketplace system powering blockchain-based travel booking transactions, startups and companies will be able to gain direct access to travel service providers' offerings without the inefficiencies given by a setup with many intermediaries.
Simply put, in the future, airlines, hotels and other travel service providers will offer their services on Winding Tree's platform, and companies interested in content will only connect to the B2B blockchain-distributed digital marketplace to present specific offers tailored to their customers' needs. This will result in a large number of new apps for travellers, who will then be able to book Lufthansa Group flights via the offer that best suits their preferences.
Get the full story at BizCommunity
Learn more about Winding Tree's plans to launch a hotel product at BTN
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