WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN

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WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
THE TRAVEL REWARD CURRENCY

       Rewarding the Traveler
Synchronizing the Hospitality Industry

     WhitePaper
              Version 0.6
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Table of
Contents
SEC. 01    Executive Summary                                           04

SEC. 02    Introduction                                                05

SEC. 03    Critical Hospitality Industry Pain Points	                  06

SEC. 04    Market Analysis	                                            07

     4.1   	Overview of Key Tourism & Hospitality

                  Sector Figures                                       07

     4.2   	Market Segmentation                                        12

     4.3   	Local Market Growth                                        12

SEC. 05    Hotelier Coin Platform                                      13

     5.1   	Project Goals and Mission                                  13

     5.2   	Keys to Success                                            13

     5.3          Business Description                                 14

     5.4          Highlights - Revenue Stream                          14

     5.5          Hotelier Coin - USP Hotelier Coin vs LoyaltyPoints   16

SEC. 06    Platform Functionality                                      17

     6.1          HotelierMart.com                                     18

     6.2          Hotelier Exchange - A Secondary Hotel Room

           	Marketplace - B2B                                          24

     6.3          Brand Position                                       26

     6.4   	Additional Features                                        30

     6.5   	User Stories                                               34

SEC. 07    Hotelier Coin DEX                                           37

SEC. 08    Hotelier coin Tokenomics                                    37

     8.1          Token Capital Market’s Team                          38

     8.2          The Value of the Utility Token                       38

     8.3          Hotelier Coin’s Ecosystem                            39

     8.4   	Using Hotelier coin as a Payment Option                    40

     8.5          Token Model                                          40

     8.6   	Demand Drivers                                             41
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
8.7            B2B Tokens                                  41

    8.8       	Group Tokens                                     42

    8.9             The Economy of the Token – Growth Factors   43

SEC. 09       Blockchain Technology Application                 44

SEC. 10       Token Details                                     45

SEC. 11       Roadmap                                           48

SEC. 12       THE CORE TEAM                                     48

SEC. 13       Core Founding Partners                            53

    13.1            Hotel Tech Provider                         53

    13.2            Strategic partners                          55

SEC. 14       Marketing                                         56

    14.1      	Promotion Implementation                         56

    14.2      	Promotion Channels                               56

    14.3            Target Audience                             57

SEC. 15       Terms and Conditions                              58

SEC. 16       Sources                                           58

     rewarded with hoteliercoin
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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1. Executive Summary
Hotelier Coin’s team of international luxury           booking and travel reward platform,
hoteliers, blockchain and fintech experts              a Decentralized & Centralized exchange where
partnered with the best travel tech professional       bulk hotel rooms futures can be traded, an
around the globe to build a legacy that will power     integrated end-to-end fintech wallet where hotel
the greatest change the hospitality and travel         owners, service
industry has seen in decades.                          providers and travelers can finally have access
                                                       to a platform and pay for services with no
The ultimate hotel booking & travel reward             middlemen, high fees or lack of efficiency.
platform, where the loyalty points are replaced
with loyalty coins, which can be monetized for         Vacation homeowners now have access to
the very first time, with a unique cash-back option    integrated property management system which
in HotelierCoins. Travelers and hotel owners have      connects multiple booking channels,
access to an unparalleled loyalty program where        electronic door lock, revenue management
both receive instant cashback in HotelierCoin          data, and accounting module starting at as little
tokens. Furthermore, you can hire city chef or city    as $15/room, and HotelierCoin, the borderless
host to enhance your travel experience, curated        travel reward currency that will synchronize and
by the virtual travel genie – Tanya.                   reward the entire hospitality industry. Boutique
                                                       Hotels can finally outsource specialized services
For the first time, in Hotelier Exchange, hotel room   on demand. Independent hotels can now
nights tokens can be traded as a commodity in          compete with established brands.
a secondary hotel room marketplace with an
intuitive ask and bid process and smart contracts      Join the future of hospitality where all
that will simplify B2B negotiations.                   stakeholders in the sector, including travelers,
                                                       crypto-investors, hospitality owners, operators,
Together, they created a blockchain-powered 360°       wholesalers, corporate travel buyers, suppliers
solution comprised of a revolutionary hotel            and service providers are seamlessly connected.

Mission Statement
HotelierCoin is on a mission to disrupt the travel
loyalty program by replacing loyalty points with
loyalty coins.

To be the ultimate decentralized travel
application by rewarding & synchronizing the
hospitality & travel industry, where everyone
benefits in a single place.
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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2. Introduction
                                                       team of hospitality experts, a reality that they
                                                       are now ready to disrupt with HotelierMart.com,
                                                       Decentralized / Centralize Hotel Room Exchange
                                                       and HotelierCoin – The Travel Reward Currency.
                                                       This solution will bridge the gap and connect all
                                                       stakeholders, including travelers, crypto-
                                                       investors, service providers, hospitality owners
                                                       and operators.

                                                       HotelierCoin’s 360° solution will reshape how
                                                       the entire industry works, eliminate the need for
                                                       intermediaries, and empower stand-alone hotels
                                                       to access the market and a variety of
                                                       hospitality solutions. HotelierCoin will simplify
                                                       the hotel room booking and registration
                                                       processes for customers, prevent fraudulent
                                                       activities, and ensure the reliability and
                                                       transparency of interactions between all market
                                                       participants while opening the door to
                                                       boundless opportunities for further simplification
                                                       of processes, satisfaction and profit maximization
                                                       in the hotel business.

Every day, hotel owners, service providers and
travelers around the globe find themselves
immersed in a hospitality industry that hasn’t
changed in decades. Endless moving parts,
inefficient processes and high fees can turn the
most promising of experiences or business
opportunities into a true nightmare. Above all
there is no single inclusive travel reward program
which brings the entire hospitality & travel
industry together.

Despite its exponential growth and potential, the
hospitality industry lacks a comprehensive
solution that simplifies operations, reduces fees
and connects all the moving parts in the sector.
It is an all too familiar reality for HotelierCoin’s
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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OBJECTIVES
HotelierCoin aims to become a one-stop shop            With core partnerships, revolutionary technology
platform for independent hotel operators,              and a diverse team of experts, we will empower
provide substantial benefits for everyone in the       small operators, hotel owners and travelers around
value chain, and build a decentralized hospitality     the globe to rethink and streamline the entire
community of hospitality service providers, hotel      hospitality infrastructure.
& vacation homeowners and travelers - rewarded
with HotelierCoin, the travel reward currency.

3. Critical Hospitality
Industry Pain Points
NO COMPREHENSIVE LOYALTY PROGRAM | $100 BILLION IN LOYALTY POINTS ARE UNCLAIMED

Across the ecosystem, valuation of points is managed by brands, and points cannot be monetized,
share or traded.

In a highly competitive industry, it is incredibly       No common platform for hospitality vendors and
difficult to stand out and get the attention of          service providers.
travelers, especially for unbranded hotels.
                                                         Scattered and expensive operational
High booking commissions (Online Travel                  infrastructure (Property Management Systems,
Agencies charge up to 25% booking fee).                  Channel Management, Point of Sale, Purchasing
                                                         and Accounting Software).
High markup by the Tour Operator (ITOs charge
a 30% commission).                                       Zero monetary incentives for travelers.

High sales payroll cost for bulk room sales (B2B),       Fraudulent reviews and profiles that can affect
time-consuming negotiations and legacy contract          hotel reputation, guest experience and the
signing procedures.                                      industry as a whole.

Bank charges (2.5-5% Credit and Payment                  Cluttered and duplicated traveler preferences
Gateway fees).                                           that lead to inefficient personalization and
                                                         a lackluster experience.
Multiple banking solutions and requirements.
                                                         Cash flow (30-120 days payment terms for bulk
Forex commissions (3-6%).                                inventory and little protection from payment
                                                         default).
Providers are in desperate need of an Uber-like
infrastructure with real-time interactions and           B2B: legacy rate & contract negotiation &
effortless transactions.                                  signing process

No loyalty and recognition programs able to align        Small tour operators and other individual service
independent hotels, leisure activities and guests.

Being aware of these challenges and peculiarities, the HotelierCoin team has developed a unique
technological solution that will unite all the hospitality industry participants and effectively eliminate
obstacles to enable an economical, safe and comfortable way of traveling.
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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        4. Market Analysis
        4.1 Overview of Key Tourism & Hospitality Sector Figures

                                                                                                                                   Direct contribution                   Total Contribution

                                                                                                                                                                      7.58          7.17          7.61
                                           8
Economic impact in trillion U.S. dollars

                                                                                                                                                        6.99
                                                                                                                                          6.63
                                                                    6.32          6.33                        6.24          6.44
                                                      6.03                                      6.08
                                           6

                                           4

                                                                                                                                                               2.36          2.23          2.31
                                               1.91          1.99          1.94          1.89          1.93          1.99          2.06          2.16
                                           2

                                           0

                                                                                                                                                                2014                2015          2016
                                                      2006     2007          2008         2009          2010         2011          2012           2013

        The graph shows the direct and total economic impact of travel and tourism on the global economy from 2006
        to 2016. The direct economic travel and tourism contribution amounted to approximately 2.31 trillion U.S. dollars in
        2016. The direct travel and tourism contribution include commodities, accommodation, transportation,
        entertainment and attractions.
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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   International Tourist
   Arrivals Worldwide
                                             The graph shows the number of international
                                             tourist arrivals worldwide from 1996 to 2016. In 2016,
                                             the number of international tourist arrivals
                                             worldwide surpassed 1.2 billion

                                             1 300
International tourist arrivals in millions

                                                                                                                                 1 235

                                             1 200
                                                                                                                     1 133        1 189

                                             1 100
                                                                                                             1 035       1 087

                                             1 000                                                     953
                                                                                                 929          995
                                             900
                                                                                        851    911
                                                                                                     894
                                             800                                  760
                                                                                         809
                                                                            698
                                             700                    674

                                                             605          678     689
                                             600     563           627
                                                           589
                                             500
                                                                        0   1   2   3 4   5   6 7 8   9
                                                       96 997 998 999 00 00 00 00 00 00 00 00 00 00 010 011 012 013 014 015 016
                                                     19   1   1   1  2    2   2   2 2   2   2 2 2   2   2 2 2  2    2  2    2

         The number of international tourist arrivals has increased steadily almost every year. By 2030, international tourist
         arrivals are expected to exceed 1.8 billion. Travel and tourism made a total contribution (direct, indirect and
         induced) of 7.61 trillion U.S. dollars to the global economy in 2016.
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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    GLOBAL                                                Global
    INTERNATIONAL                                         Travel
    TOURISM REVENUE                                       Activities
                                                          Marketplace
It is not surprising that global leaders have
placed great emphasis on the promotion of                 Tours & Activities
tourism in their countries. In 2016 , international
tourism revenue amounted to 1.22 trillion U.S.
dollars.                                              Punctuation:
                                                      We delved into the state of travel activities, specif-
                                                      ically tours, activities and attractions, to assess the
                                                      market landscape, the challenges ahead and the
                                                      opportunities for distribution in the broader travel
    Global Hotel                                      marketplace.

    Industry                                          While the industry tends to focus on flights and
                                                      hotels, the activities available are what truly inspires
    Retail Value                                      travelers to visit a specific destination. Leisure tourist
                                                      activities, the aggregate of in-destination spending
                                                      on tours, activities, attractions and events, are the
The global hotel industry revenue amounted to         third largest segment, accounting for 10% of the
554.64 billion U.S. dollars in 2016 . With the        global industry revenue.
emergence of new lodging sectors,
including vacation homes and homestays,               Currently, small suppliers are the driving force
significant growth is expected.                       behind the sector, more than half of tours and
                                                      activities suppliers generate less than $250,000
                                                      in annual revenue. From reservation to redemption,
                                                      business is still mostly manual, and more than 80%
                                                      of gross bookings are made offline. HotelierCoin
                                                      aims to address this by providing suppliers with an
    Global Hotel                                      effective management tool that leverages the full
                                                      power of technology.
    Industry
    Occupancy Rate
In 2014 , the occupancy rate (the ratio of
rented or used rooms to the total amount of
available rooms) of hotels in all global regions
had increased year on year, suggesting
growing demand. Europe was the region
with the highest occupancy rate in 2014 ,
at 68.8 % , closely followed by the Asia Pacific
region, at 68.6 %.

While strong post-recession gains appear to
be cooling off, the hotel sector is projected to
sustain strong 5-6% growth throughout 2018 ,
setting up the industry to hit a record-breaking
$170 billion in gross bookings. Healthy
business and leisure demand is helping the
industry achieve strong fundamentals,
including peaking average daily rates (ADR)
(+2.4% 2017 YTD October) and revenue per
available room (RevPAR) (+3.0% 2017 YTD
October). Hovering around 66% , occupancy
seems to have hit a peak.
WHITEPAPER REWARDING THE TRAVELER SYNCHRONIZING THE HOSPITALITY INDUSTRY - VERSION 0.6 - HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
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     Key Facts
      $100 BILLION IN LOYALTY POINTS ARE UNCLAIMED. 77% of consumers participate in a retail loyalty program.
      46% have joined a hotel program & 40% are part of an airline program.

      For the first time in history, in 2012, there were more than one billion tourist trips. A year-on-year growth of
      over 4% is expected to continue for the foreseeable future.

      In 2016, the revenue generated through online travel bookings amounted to 513 billion U.S. dollars, this
      figure is forecasted to reach 567 billion U.S. dollars by 2019.

      In 2016, the sector added over $7.61 trillion U.S. dollars to the global economy – nearly 10% of the Global
      GDP, and significantly more than the combined GDPs of Latin America and the Caribbean.

      In 2017, Expedia’s annual revenue was $10.2 billion, with the market capture of 6%. 2018, Expedia’s annual
      revenue reached USD 11.2 Billion. 2018, gross bookings were $99.73 billion, a 13% rise over 2017.

      Leisure market potential of $129 billion with 1M activities; the potential is three times the size of the car
      rental market. It’s projected to reach $183 billion by 2020.

Tour & Activity Suppliers’s
Technology Adoption
                                Have it already          Not yet, plan to do so in the next year

Tickets or vouchers delivered via email

Third-party reservation system

Inventory direct connect

Automatic ticket scanning and validation

Base: Total destination activity businesses N = 1,636
Source: Phocuswright’s Tours & Activities Come of
Age: The Global Travel Activities Marketplace
2014-2020
                                                                        0%                  35%               70%
Global Tours & Activities Total & Online, 2014-2020 (US$B)
Global Hotelier Pte. Ltd - October 2019
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Global Tours & Activities
Total & Online, 2014-2020 (US$B)

                                 Tours & Activities           Online
140

70

0

            2014          2015           2016          2017            2018          2019           2020

       Source: Phocuswright’s Tours & Activities of Age: The Global Travel Activities Marketplace
       2014-2020

      T&A                              The T&A landscape is bursting with small local companies. 80% of them
                                       are still operating offline. 82% of service providers are taking bookings

      Suppliers
                                       by phone or email. Most typically lack the resources and/or expertise to
                                       implement online distribution of their products.

Suppliers by Annual                                                T&A Booking by channels
                                                                     Email, Phone, Fax 82%
Gross Revenue
     35 %

                   25 %      24 %

                                             15 %

                                                         1%

$100M
Global Hotelier Pte. Ltd - October 2019
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4.2 Market Segmentation

               Wholesaler
               35.7%                                      Corporate Travel
                                                          -B2B,16.2%

     Crypto Holders
     /Travelers
     13.0%

                                                     Hotel Owners
                                                     16.8%
                                Service Provider
                                /Vendor
                                18.4%

4.3 LOCAL MARKET                                          B2B - Online Sale
                                                          B2B - Leisure Service Provider
                                                          B2B - Stand-alone Supplier

Growth
                                                          Crypto Investor

      200%

      150%

      100%

      50%

      0%

                          2020            2022     2024                 2026
Global Hotelier Pte. Ltd - October 2019
                                                                                                           13

5. Hotelier Coin
Platform
HotelierMart.com is where the entire hospitality       Even individual travel service providers can list
ecosystem comes together in one platform. From         their services. Independent hotel owners get
stand-alone hotel owners, service providers,           access to international talent, supplies, and the
vendors and tech solution providers to casual          ability to reduce costs by outsourcing specific
hotel staff and travelers, everyone is connected       jobs that can range from revenue management,
by one borderless currency, smart contracts, and       sales and marketing to a global world-class
a sophisticated blockchain solution – discover         reservation call center.
a digital revolution unlike any other.
                                                       Peer-to-peer booking, and cross border
                                                       payment options are now available to everyone
5.1 project Goals                                      – including the often-overlooked vacation
                                                       rentals, freelance service providers and small
Hotelier Coin’s currency, Hoteliercoin, knows          tour operators – through a crypto fintech wallet
no bounds. It can be used to increase both             with debit card. With the help of blockchain
supply and demand in the hotel business, build         technology, HotelierCoin is also set to improve
a decentralized community, reward and connect          guest recognition and satisfaction. All guests’
the hospitality & travel industry seamlessly. Our      preference data is stored and shared in the
main goal is to create a holistic hospitality          blockchain, giving the operator access to the
platform that will be a true win-win for all           necessary information to offer a highly
participants, from travelers, hotel owners,            personalized experience.
vendors and service providers to hotel staff.
                                                       HotelierCoin is a true technological
                                                       breakthrough that bridges the gap between

5.2 Keys to                                            the current state of affairs in the hospitality
                                                       industry and the future of hospitality, connecting
success                                                the digital and utility world.

By using blockchain in its early stages of digital
evolution, we are harnessing the trust, safety, and
decentralization inherent to the technology to rev-
olutionize the hospitality industry. By using block-
chain’s potential to its full extent, we are able to
reduce fees, improve processes and add value to
hospitality owners, travelers and investors.

It is not limited to big brands or a single aspect
of the industry. Independent hotels are now finally
able to compete with more prominent brands
while maintaining their unique identity.
Global Hotelier Pte. Ltd - October 2019
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5.3 Business description
This is how our platform brings the entire hospitality industry together:

      HotelierMart.com
      B2C- Hotel & Travel Booking Platform                                                   Hotelier Coin
      Curated by Tanya - The Travel Genie                                      The Travel Reward Currency
                                                                              Rewarding Both Hotel Owner
      B2B - The Hotel Room Exchange                                                             & Traveler
      A Secondary Hotel Room Market Place
                                                                                             Travolier.com
      B2E - Corporate Travel Booking                                                    The Travelers Club
      Extranet

      Hotelier Coin - Stable
      The Borderless Travel Payment
      Currency                                                              Specialized Hospitality Services
                                                                                    Revenue & Reservation
      Intregrated Fintech Wallet                                                              Management

      Hotelier Coin - Debit Card
                                                                                        Global Call Centre
      Peer-to-Peer                                                                Bespoke Travel Manager
      Verified City Host, Local Chef & Leisure
      Service Provider

5.4 Highlights - Revenue Stream
Beyond the rise of HotelierCoin as a travel utility currency, the HotelierCoin platform will earn
revenue from:

B2B / B2E: From the Booking fees %, the buyer and seller will each receive up to 2% cashback in
HotelierCoin tokens.

Hotel 2 Vendors: From the Booking fees %, the Vendor and Hotel will each receive up to 4%
cashback in HotelierCoin tokens.

B2C: From the Booking fees % fees, travelers and the hotel owner will each receive up to 4% cash-
back in HotelierCoin tokens.

P2P: 0.05% fee for P2P token transfers or token resale.

Payment Gateway: 0.25% of the transfer amount.

HTLC-Stable: the exchange commission is 0.1% onwards

Hotelier Exchange DEX/ Centralize: Commission from 0.1% onwards
Global Hotelier Pte. Ltd - October 2019
                                                                                                                15

5.5 Hotelier Coin - USP

Loyalty Points + Air Miles + Cryptocurrency =

Hotelier Coin

                     LOYALTY POINTS ARE REPLACE WITH LOYALTY COINS

                                                              Points cannot be Traded, or Monetized or
                                                           Transferred Points can only be redeemed within
                                                               the brand’s ecosystem Points are earned
                                                                           only for traveler
 Coin can be Traded, Monetized, Transferred P2P -
    through a crypto exchange / Personalized
                  fintech wallet                                                         Individual brands set
                                                          Unused points expires            the valuation of
                                                                                              the points

                                 Tokenomics drives
  Coin never expires              the valuation of
                                    HotelierCoin                                        The smart contract
                                                           Member has access to
                                                                                       manages HotelierCoin
                                                          preferred B2C bar rates
                                                                                       emission in Ethereum
                                                              than B2B rates
                                                                                            blockchain
                                The smart contract
Hotelier StableCoin for
                               manages HotelierCoin
CROSS BORDER travel
                               emission in Ethereum
       payments
                                    blockchain
                                                             Points valuations are constant as per the tier;
                                                               points value doesn’t change against city
                                                                           average room rate

    Cashback in HotelierCoin for both traveler
      & directly contracted hotels generates
     demand & valuation for the HotelierCoin
                                                               Hotel brands pays the hotel owner a fixed
                                                              negotiated low room rate against the loyalty
                                                             points; furthermore provides a complimentary
     HotelierCoin provides access to exclusive                   room upgrade as per the loyalty tiers
       member deals across multiple branded
       & independent hotels, vacation home
 not limited to airlines, car rental, airport transfer,
             or hiring leisure operators

                                HOTELIER COIN VS LOYALTY POINTS
Global Hotelier Pte. Ltd - October 2019
16

solutions and
advantages
Decentralized Exchange (DEX): For the first time,    Integrated end-to-end hotel property
hotel rooms can be traded as a commodity in          management system starting at as little as $15/
a secondary hotel room token marketplace with        room with all features ranging from door locks,
ask and bid options. Cancellations or cancellation   accounting and channel manager to
penalties may soon become a thing of the past as     housekeeping management.
purchased tokens can now be resold in one click.
                                                     Access to a cutting-edge booking system that
HotelierCoin: One travel reward currency for         enables verified reviews and comprehensive
the entire hospitality ecosystem. It can be used     preference profiling.
seamlessly to purchase room nights, leisure
experiences, peer-to-peer transfers, traded          Travolier - loyalty and recognition programs
or monetized and so much more.                       tailored to travelers. Win-win transactions with
                                                     cashback offers for travelers and hotels.
Individual fintech wallets for all users, built-in   Loyal member get access to exclusive deals and
payment gateway, HTLC-Stable Euro, complete          higher cashback in HTLC, as well earn HTLC for
end-to-end banking solutions.                        posting travel contents.

Access to Millennials, Digital Natives and the       Smart contracts and Blockchain technology to
$250B+ cryptocurrency market.                        protect data, simplify negotiations and increase
                                                     efficiency.
Seamless access to wholesale hospitality products,
specialized hospitality services and vetted
hospitality staff in seconds, paid in HTLC.

Robust B2C Platform offering seamless hotel room
booking and added features such as car rentals,
airlines, leisure activities and packages, curated
by virtual travel genie -Tanya.
Global Hotelier Pte. Ltd - October 2019
                                                                                                                                                                                   17

6. Platform Functionality
Explore how HotelierCoin works and what makes it an innovative solution ready to synchronize an entire industry.
From the booking infrastructure, blockchain, smart contracts and a borderless utility currency to a decentralized
exchange where secondary tokens can be traded and many other cutting-edge features, discover how Hotelier
Coin allows hotel rooms to be traded as a commodity for the first time, simplifies operations and transforms the
hospitality ecosystem.

                                         B2B
                   Bulk Room Nights Trading
                                                                                                                       Hotels 2 Vendors

                                                                                                                               Transaction fee on all
                                                                                                                  services/products/subscriptions sold to the hotel
                     Bulk Room Nights Trading
     Buyer                                                           Seller                       Vendors                                                                  Hotel

                                                                                                                                   Platform fee 12%
                           Platform fee 6%

                                                                                                                                                                      4%
                                                                2%

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              2%

                         Hotelier Coin                                                                                          Hotelier Coin
                           Platform                                                                                               Platform

                                                                                           B2C

                                                                               Room Nights
                       Travelers                                                                                            Hotel Owners
                                                                               Platform fee 12%

                                                                                                                     4%
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                                                                              Hotelier Coin
                                                                                Platform
Global Hotelier Pte. Ltd - October 2019
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6.1 HotelierMart.com
B2C / B2E – Platform

                 EARN HOTELIER COIN WITH EVERY TRANSACTION @HOTELIerMART.com

     Multi Branded & Independent Hotels, Vacation
                                                      Booking Platform for VERIFIED TRAVELER
     Homes, Car Rentals, Airlines & Travel Packages

                                                           the travel reward currency

                   B2B / B2E - BOOKING EXTRANET For Small & Medium Size Enterprise

                                                       Hire VERIFIED CITY HOST - with similar
     Hire VERIFIED LOCAL CHEFS / HOMEMAKERS
                                                       passion, from art, history, adventure,
                                                       wide-life to culinary lovers

               TRAVEL BOOKING EXPERIENCE IS
               CURATED BY TANYA - VIRTUAL
                                                                   rewarded with hoteliercoin
               TRAVEL GENIE

                           tRAVOLIER - The ultimate travel loyalty program
             Beyond Earning Cashback, Travelers Earn Rewards For Uploading Travel Content

         Monetize or Trade Your Hotelier Coin         Redeem Your Hotelier Coin @HotelierMart.
             Through Crypto Exchange                  com to Access to Exclusive Member’s Deal

POWERED, SYNCHRONIZED & REWARDED WITH
HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
                                                                                                                19

                                                            We offer the first of its kind coin reward to our
                                                            members, thanks to our implementation and
Introducing Hotelier                                        integration of blockchain technology to take
Coin Rewards –                                              luxury recreation to the next level.

Travolier

                                                            Purchase More –
                                                            Earn More

                                                            HotelierCoin holders don’t need to be loyal to
                                                            one brand to earn loyalty rewards. Members can
                                                            earn HotelierCoin by booking from multiple hotel
                                                            brands, stand-alone hotels, vacation homes,
                                                            airlines, car rentals, airport transfers, vacation
                                                            packages, including usage of independent
                                                            leisure service providers like city hosts or city
                                                            chefs.

                                                            Our loyalty program is Travolier. A program set
                                                            aside to reward travelers, hotel and vacation
                                                            homeowners, leisure service providers and travel
                                                            influencers.

Earn HotelierCoin while exploring the world. Hoteliercoin
                                                            With it, travelers get access to exclusive hotel
as an instant cashback reward with every purchase at
                                                            rates, travel managers, personalised fintech wal-
Hoteliermart.
                                                            let and debit cards. You can also earn cashback
                                                            in HotelierCoin with every transaction within our
For the first time, a blockchain powered loyalty program
                                                            parent website Hoteliermart.com to become a
that grows and empowers the traveler in you. Loyalty is
                                                            Travolier as members that hold HotelierCoin are
priceless, but we do our best to reward it — piggy bank
                                                            called. Hoteliercoin can be earned via activities
your journey with HotelierCoin rewards!
                                                            like posting travel posts, pictures and reviews for
                                                            helping and growing our travel community.
The most powerful travel reward currency, which can be
traded, monetized, or redeem for future travel expenses.

BECOME A TRAVOLIER
MEMBER TO UNLOCK
EXCLUSIVE DEALS
As soon as you enter the Travolier programme,
we are set to offer you exclusive deals, services
and special attention while exploring with us.
Whether on holiday or travelling for business, we
do everything we can to meet your needs and
make your trips as pleasant as possible
Global Hotelier Pte. Ltd - October 2019
20

Start Collecting Loyalty coin
Start collecting coins right away by booking directly on our brand website.

Travolier who spends over USD 5k in Hoteliercoin becomes Ultimate Travolier. A status that changes
to lifetime ultimate Travolier after holding it for 5 years.

This comes with perks like:

               Personal travel manager for travel plans

               Increased cashback

               Upgrades on services; and much more

Membership Level
Earning in our loyalty program is based on membership level. The Travolier membership
levels are categorized as Travolier (Member), Ultimate and Special Categories Executive
and Influencers.

Travolier      Everyone who enrolls to be a member and holds HotelierCoin

               Benefits: Exclusive Members Rate with up to 2% Cashback in HotelierCoin

               Access to global call center (travel managers) for USD 3 per reservation - travel
               managers to curate your vacation.

Ultimate       Travolier who spends USD 5K per month in HotelierCoin for 12 months, after 5 years of
               Ultimate Status, automatically qualifies for lifelong Ultimate’s.

               Or Ultimate membership can be bought for USD 750 per year.

               Benefits: Exclusive Members Rate with up to 4% Cashback in HotelierCoin with one room
               night a year for USD 250 Will received HTLC via Airdrop as per the HotelierCoin spent
               per month.

               Complimentary access to global call center - travel managers to curate your vacation.

               *Ultimate program to start after 6 months launch of Travolier Program, 6 months
               spending will also be taken into consideration.
Global Hotelier Pte. Ltd - October 2019
                                                                                                         21

Community Points for both Travolier and Ultimate Travolier

            Earns 01 community points for every travel post & pictures with #Travolier, #Betravolier,
            #HotelierCoin #Cityname #hotel or restaurant name

            Earn 05 Community points for assisting other travolier with travel plans – by commenting
            their travel blogs.

            1000 Community Points qualify for 100 USD worth of Hotelier Coin which can be
            redeemed through HotelierMart.com

            Influencers: This category are design for Travel Bloggers to monetize their contents
            and influence.

            *Community Points program will be launched in 12 -24 months of Travolier program

Influencers: This category are design for Travel Bloggers to monetize their contents and influence.

            Earns 05 community points for every travel post & pictures with #Travolier, #Betravolier,
            #HotelierCoin #Cityname #hotel or restaurant name

            Earn 15 Community points for assisting other travolier with travel plans – by commenting
            their travel blogs.

            1000 Community Points qualify for 100 USD worth of Hotelier Coin which can be
             redeemed through HotelierMart.com

            *Community Points program will be launched in 12 -24 months of Travolier program

Executive Membership for USD 750 per year per company

            Benefits: Exclusive Members Rate with up to 2% Cashback in HotelierCoin to the individual
            traveler and 2% cashback to the company.

            Company will be received HTLC via Airdrop as per the HotelierCoin spent per month.

            Complimentary access to global call center - travel managers to curate your
            business travel.

            Access to B2E booking platform with company name: travel.standardbank.hoteliermart.com

            *Executive program and B2E platform to start after 3 months launch of HotelierMart.com

            *HotelierCoins are cryptocurrency, which can by earned for every transaction at Hotelier-
            Mart.com, SearchStays.com and Travolier for every travel content contribution. HTLC will
            be listed in crypto exchange where coins will be traded or monetized. HTLC can also be
            redeem at Hoteliermart.com for booking hotels, vacation homes, airline tickets, airport
            transfers, car rental including hiring city hosts.
Global Hotelier Pte. Ltd - October 2019
      22

Hotelier Coin in Numbers
600 000+ hotels in 185+ countries, over 5 000+ cities
600 Airlines
Airport transfers in 120 countries
Car rentals available in 140 countries
150 000+ Vacation homes through SearchStays.com
Leisure Service Providers
One Loyalty Program, with One Hotelier Coin

And numbers keep growing!

      Whenever we travel, it is priceless to share
      memories with friends and loved ones. Travolier is
      a travel social media hub merged with a traveler’s
      club, where users can share travel post,
      experience, or book vacation. The platform helps
      members to curate their perfect holiday and
      capture memories. The platform is a next-gen
      traveler’s club; where members also get instant
      cash back in HotelierCoin for every transaction
      made on the HotelierMart.com, from booking
      travels & hotels to sharing of pictures of social
      media travels. Beyond earning HotelierCoins,
      Travolier members get access to exclusive
      members rate, up to 40% discount! loyalty
      rewards like no other reward scheme. Members of
      the club get access to exclusive benefits, special
      privileges, awesome gifts as well as surprises and
      get rewarded in HotelierCoin for every transaction.    experiences that we seek as travelers, and what
                                                             drives the unwavering passion that lives within
      Travel to discover is not what we do, it is who we     each of our club members.
      are. It is an essential part of our being. Travolier
      was created based on the conviction that the           Among the most respected and luxurious hotels
      connections we make and the knowledge that we          in the city and all over the world, we plan to
      gain from each travel experience is born out of        provide the most beautiful and unforgettable
      our curious nature and desire to evolve as             moments in line with the expectations of you
      individuals. This belief is what underpins the         and your loved ones. If you wish to earn
Global Hotelier Pte. Ltd - October 2019
                                                                                                           23

HotelierCoin as a loyalty reward for following our     incentivization of platform users across the
brand between your leisure, business and               different membership levels so that we can have
professional commitment, then joining                  a truly disrupted and decentralized loyalty
Travolier is a must. In addition to your free rights   program of the travel & hospitality industry that
to membership, we offer you special perks for all      is transparent, secure and benefits everyone.
assisted services including booking from
multiple hotel brands, stand-alone hotels,             The goal of the company is not only focused on
vacation homes, airlines, car rentals, airport         disrupting the loyalty program of the travel
transfers, vacation packages as well as usage of       & hospitality industry or challenging its biggest
independent leisure service providers like city        problems, but also building a legacy and
hosts or chefs and we don’t stop here – we will        heritage that will stand the test of time. With
curate your reward you as per your passion!            core partnerships, revolutionary technology and
                                                       a diverse team of experts, the company is set to
Hotelier Mart, a blockchain-powered hotel              empower small operators, rethink the entire
booking platform that is points-based is the           industry infrastructure and innovate via building
parent company that operates the Club and              a synchronized hospitality club of service
provides luxury management services to its             providers, hospitality vendors and tech solutions
members. Currently, the platform features over         unlike any other. Travolier Loyalty program is
600K+ hotels in 185+ countries around the world        designed to include independent travel and
and counting, including Dubai, Cairo, Rome,            hotel operators in the unified loyalty program –
London, New York, Delhi and Paris among others.        where everyone wins!

Travolier is set to take hospitality, recreation and
luxury travel to the next level via interaction and
Global Hotelier Pte. Ltd - October 2019
    24

    6.2 Hotelier Exchange
    A Secondary Hotel Room
    Marketplace - B2B

                                                                       Legacy negotiation process is    Corporates, Wholesale travel
                                                                         replaced with unique Ask      agents can buy multi-branded
                                    Traditional hotel voucher system          and Bid options           bulk room night tokens and
                                     is replaced with Hotel tokens -                                      redeem or resell within
                                   backed with room nights (futures)                                           the exchange
  “For the first time, hotel room
  night’s backed tokens will be
traded as a commodity and sold
  in a secondary marketplace -
the hotel room night exchange,
 complete with a “bid and ask”                                                                                                         Smart contracts and Ethereum
  process, and smart contracts                                                                                                          Blockchain to protect data,
    that will make negotiations                                                                                                            simplify negotiations
         incredibly easy”.                                                                                                                 & increase efficiency

                                                                       Marriott Tokens
                                                                       Hilton Tokens
                                                                       Holiday Inn Tokens
                                                                       Golf Club Tokens
                                                                       *LHR Tokens
                                                                       *Leading Hotels of the World

                                                                                   E XC H A N G E

    UNLOCK THE HOTEL ROOM NIGHT FUTURE
    WITH HOTELIER COIN
Global Hotelier Pte. Ltd - October 2019
                                                                                                                    25

For the first time, hotel room nights will be traded as a commodity, hotel owners can finally have complete control
over their hotel rooms while maximizing profit and simplifying processes, and token holders can use Hoteliercoin
to purchase vacations, new experiences and invest in exciting opportunities.

For bulk room nights, price negotiations have                 the buying price depending on demand –
never been easier. Ask and bid options,                       cancellations or cancellation penalties may
blockchain and smart contracts disrupt the                    soon become a thing of the past.
traditional way of selling room nights through
corporate channels and enable smooth                          Wholesalers, corporate buyers and hotels have
transactions. Full or partial funds are instantly             access to a KYC-verified trading platform. The
transferred to the hotel’s assigned wallet in return          hotel revenue manager dictates the initial sale
for room night tokens. Hotels can keep their                  price and initiates the smart contracts. The
Hoteliercoin funds in their wallet or convert them            wholesaler and corporate buyer negotiate
to HTL-Stable Euro Currency or fiat currency                  through the ask and bid process. Next, they
(currency that a government has declared to be                acquire hotel room tokens along with the smart
legal tender, e.g., US dollar and Euro) through our           contract. The hotel will also have an option to
Core Partner’s payment gateway option and                     buy back unused hotel room night tokens using
customized fintech wallet.                                    Hotelier Coin’s trading platform.

Wholesalers and Corporate Travel Procurement                  At any given time, the hotel can only sell up
can secure bulk rooms and get a guaranteed                    to 20% of its room inventory through the hotel
rate for the following financial year. Additionally,          room trading platform with an unlimited term.
wholesalers can resell room night tokens to travel            The hotel can only issue new hotel room night
agents or travelers, and corporate buyers can use             tokens against the redeemed tokens. The 20%
the room night tokens they purchased for                      room cap in supply will secure the hotel room
business travels for their executives or incentive            night tokens price in the secondary room
trips. Both wholesalers and corporate buyers will             marketplace against the demand. The hotel will
have access to a secondary market where they                  be able to benefit from additional revenue per
can sell unused hotel room night tokens through               available room (REVPAR) – a crucial KPI for hotel
the HotelierCoin platform, above or below                     performance.

Hotel room night tokens can be filtered by:

     Brand                                    Location                             Interests and Activities

                                              British Columbia Boutique
     Marriott Worldwide tokens                                                     Golf tokens
                                              Hotels tokens

     Marriott Dubai tokens                                                         Ski tokens

     Marriott Americas                                                             Safari tokens

     JW Marriott Marquis Times                                                     Group of resorts offering
     Square in New York                                                            similar activities

Room night tokens can even be gifted with our simple token transfer system that enables seamless peer-to-peer
and business-to-business transactions secured with smart contracts. No back and forth, no high fees,
no middlemen.
Global Hotelier Pte. Ltd - October 2019
26

6.3 Brand Position

      HotelierMart.com              Traveler’s club,   a Secondary    the travel reward
       Hotel & Travel               Rewarding With     Hotel Room         currency
      Booking Platform               Hotelier Coin     Market Place
Global Hotelier Pte. Ltd - October 2019
                                                                                            27

   6.4 Additional Features
   Architecture Overview of the Hospitality Cloud

Windows / MAC         ‘‘OUR PREFERRED ALL-IN-ONE APPROACH’’
Desktop
Tablet
Phone

                        PMS            Distribution

                    Third Party Interface Incl.                              OTAs direct
                    Premise Access
                    Control Systems
Global Hotelier Pte. Ltd - October 2019
28

Online Booking
Platform
hoteliermart.com

Architecture Overview of the Travel Cloud

                                                                                                Flights

     B2B / B2E

                                                                                                Hotels

                                                                   Won
     B2C                                           B2B / B2C
                                                                 Contracted
                                                  Management
                                                                Management

                                                                                                 Car
                                      Booking                                  Customer
                                     Processing                               Management
     CSBT

                                                         Mid Office
                                                                                              Transfers
                                      Vendor                                     MIS
                                    Management                                  Report
     White Label

                                                    Supplier
                                                    Extranet                                 Sightseeing
                                                                  CMS
                                                  Management

     XML Feed

                                                                                           Holiday Packages

     Mobile Apps

                                                                                            Other Services
Global Hotelier Pte. Ltd - October 2019
                                                                                                                                   29

Fintech Wallets
Digital wallets to all Hotelier Coin users after KYC verification. Users will easily be able to convert Hoteliercoin to
HTLC-Stable Euro or fiat currency.

Architecture Overview of the Fintech Wallet
& Banking Solution

  Wallet & Payment                                                          Exchanges
  Digital / Crypto Wallet                                                   Crypto     Crypto
  Multi-sig Wallet                                                          Crypto     Fiat
  Debit Card / Credit Card                                                  Fiat       Fiat
                                                                            Crypto     Traditional Instruments (stocks, bonds, etc.)
  NFC Payment                                                               Fiat       Traditional Instruments (stocks, bonds, etc.)
  ATM Withdrawal

  Banking Services                                                          Products & Services
  P2P Banking (Regional/                                                    Retail                        Education
  International)                                                            Advertising                   Food & Beverage
  Escrow (Regional/International)                                           Insurance                     Restaurants
                                                                            Professional Services         Courier Services
                                                                            & Advisory                    (international)
Global Hotelier Pte. Ltd - October 2019
30

6.4 Why                                   address some of the most pressing
                                          problems and needs in the industry.

Hotelier
                                          3. A One-Stop Shop
Coin                                      for Everyone

1. Travolier -                            With Hotelier Coin, hotels can now
                                          outsource specialized services on
Holistic Travel
                                          demand, travelers have access to
Loyalty Program
                                          unparalleled loyalty and recognition
                                          programs, hospitality suppliers and
Travolier offers an access to
                                          service providers can easily list their
                                                                                    4. Fraud and Debt
a seamless booking infrastructure
                                          services and products, and the hotel      Prevention
with exclusive travel deals up to
                                          room booking, and bulk room sale
40% Hotel Discounts, Upgrades                                                       Blockchain is eliminating some
                                          process becomes effortless.
and Cashback in HotelierCoins.
                                                                                    of the most prevalent issues
HotelierCoin loyalty tokens has the
                                          Access to a hotel property                surrounding trust and fraud in
power the revamp the travel loyalty
                                          management system with built-in           a vast number of industries. For the
program.
                                          channel manager, point of sale,           hotel owner, our system guarantees
                                          housekeeping management and               an end-to-end platform that stops
HotelierCoin users and volume
                                          accounting. All hotel tech solutions      withheld operator payments, bogus
purchasers are eligible for an
                                          are available for as little as $15 per    guest reviews, and attacks by hostile
unparalleled incentive program:
                                          bedroom per month on a sliding            competitors who use reviews and
one third (up to 4%) of the total
                                          scale. As a result, small operators       ratings to undermine other hotels.
booking commission is paid back to
                                          can now compete with branded
the traveler and to the hotel owners
                                          hotels. Independent hotel owners
in HotelierCoin.                                                                    The smart contract technology
                                          can even have access to
                                                                                    allows for payments to be taken,
                                          a personalized landing page to
For experienced travelers, lifestyle                                                held and released automatically,
                                          dramatically reduce website building
executives are available on call 24/7                                               within the distributed ledger of
                                          expenses. All hotel owners, travelers
to assist with travel plans and                                                     the blockchain. No more damaging
                                          and even one-person travel
booking on nominal fees per use,                                                    payment cycles or bankrupt tour
                                          companies can have access to
paid in HotelierCoin or virtual travel                                              operators. The finances are all
                                          a fintech wallet that can be used
genie – Tanya can curate your                                                       locked in place, verifiable and
                                          for all banking transactions.
travel itinerary
                                                                                    tamper-proof.
                                          The future is here. A future where
2. Created by a Team
                                          Hotelier Coin brings hotel owners,        In a similar way, reviews are
of Experts
                                          service providers and travelers           permanently tied to specific booking
                                          together in a single platform.            experiences and individual guests.
Hotelier Coin is the brainchild of
                                                                                    Impossible to fake or alter
a team of experts with decades
                                                                                    maliciously. The current review
of experience in innovation, hotel
                                                                                    systems allow anyone to turn
management, hospitality tech,
blockchain and finance who
understand the challenges that                                                      a garden shed into a top-rated
modern hotel owners, travelers                                                      luxury restaurant. Hotelier Coin’s
and all stakeholders in the industry                                                review system changes everything.
face every day. That is why they
designed a new solution that will
Global Hotelier Pte. Ltd - October 2019
                                                                                                            31

                                                       Blockchain is the perfect way for travelers to
                                                       secure their preference data. It is well-distributed,
                                                       accessible and, above all, safe. Modern guests
                                                       expect a consistent, individual, high-quality
                                                       personal service. A stunning 93% of travelers
                                                       worldwide agree that a personalized service is
                                                       more important than digital services. To do that,
                                                       hotels need data.
                                                       With our purpose-built hospitality blockchain,
                                                       Hotelier Coin’s room management system
                                                       protocols and embedded data secured by the
                                                       main Ethereum blockchain, owners can have
                                                       access to detailed information to offer
                                                       a bespoke experience designed to delight.
                                                       As hotel details and booking systems are all
                                                       fundamental parts of our RMS-PMS system,
                                                       resorts will remain fully compatible across multiple
                                                       browsers, platforms, and devices. Similarly, guests

5. Ultra                                               will no longer need to go through multiple steps
                                                       to complete a simple booking operation. Entry,

Low Fees
                                                       management, and control of personal data will be
                                                       coordinated via the Hotelier Coin’s platform and
                                                       DApp, entirely separated from the room booking
                                                       process. The goal is to make the entire process
As the digital revolution unfolded, travel agents      as streamlined and traveler-friendly as possible –
                                                       select a room, set the dates, click.
and package holiday operators were gradually
replaced by ever-more predatory online booking
engines. Expedia and Priceline provide robust
access to countless clients, but the cost is equally
massive with booking fees that range from 15%
to 20%. For the Wholesale segment, the margin
is about 30%, considering the chain of service
delivery personnel and logistic expenses. As the       7. Access
                                                       to a New
brick and mortar stores crumble, the monopolistic
dominance enjoyed by the decades-old internet
booking giants keeps getting stronger.

In addition to these commissions, bank fees end
up decreasing incoming revenues even more. By
                                                       Generation
the time the money gets to the resort owner, it is
a tiny fraction of what it originally was.
 HotelierCoin positively disrupts these                Blockchain engineering is at the cutting edge of
relationships. By operating with Hoteliercoin          social technology. Innovators and Early Adopters
tokens, banks and financial middlemen are              of all generations are already entirely on board,
no longer part of the picture. When guests             with the Early Majority closely following. For
purchase, the money is there, and smart                Millennials and Digital Natives, this technology
                                                       is a natural environment, resulting in a large
contracts ensure that the agreement is clear
                                                       number of excited and informed people with
to the hotel and guest. As soon as the contract
                                                       global connections and a deep interest in
executes, the interests of all parties are secured.    international affairs, foreign nations, and
HotelierCoin relies on blockchain efficiency rather    authentic experiences.
than legacy systems and human assets.
                                                       This market segment has traditionally been

6. Data
                                                       challenging for resort owners to make headway.
                                                       The archaic systems of the old hospitality industry
                                                       do not resonate with the thought leaders on the

Management                                             cutting edge. HotelierCoin is the opportunity to
                                                       gain access to this market segment of passionate

that Works
                                                       individuals and engage them in a manner that
                                                       other hit-and-miss peer-to-peer room swapping
                                                       platforms cannot.
Global Hotelier Pte. Ltd - October 2019
32

                                                        to keep your data secure. This protocol provides

8. Superior
                                                        unprecedented flexibility and peace of mind.

                                                        Currently, traditional travel agents and online

Guest
                                                        booking engines do not do much to help in this
                                                        regard. Data storage costs, security issues, and
                                                        lack of motivation keep personal data to the bare

Experience
                                                        minimum. Individual hotel chains may put some
                                                        effort into gathering information but, due to

                                                        the nature of operations and lack of an efficient
For decades, travel planning has been                   system, it is usually an unsuccessful effort.
a suboptimal experience. Before the internet,
international travel involved dealing with endless       HotelierCoin allows travelers to set up
agents, middlemen and service providers. Good           information about their personal preferences
prices often depended on who you knew at which          and expectations even before their trip begins.
company. Travel agents then emerged to help             With the help of smart contracts, the hotel
travelers negotiate, but their competence varied        owner can deliver the tailored service at an added
widely and there was no way to attest the quality       cost or free of charge, travelers will know about
of the service.                                         that beforehand. The data is then secured using
                                                        blockchain technology, ensuring that only you and
The internet simplified this scenario. Internet         those you previously authorized can have access
travel brokers such as Expedia provided price           to it. Only you can update or alter that data.
comparison services and attempted to streamline         We allow you to get straight to the heart of what
processes. However, to this day, the experience         makes a perfect stay in a fun and secure manner.
remains cumbersome. There is little transparency,       You can choose to provide that information or not,
no cross-site functionality, no effective and fully     it is completely up to you. We do not store that
secure information storage systems, and limited         data, it isembedded within smart contract
reliable standard metrics to assess available offers.   protocols, safe, perpetual, and unhackable.
Reviews are often bogus, and the rating system          Whenever you want to book a room, all you need
can sometimes be deceptive. Hotelier Coin               to do is decide what you want to share with your
addresses these concerns directly to offer              destination resort.
a superior guest experience.

9. FULL DATA
CONTROL
control over your data, ensuring that it remains
tamper-proof, transferable and accessible only
to those you choose to share it with. For the first
time, you do not need to rely on a central entity
Global Hotelier Pte. Ltd - October 2019
                                                                                                                            33

10. Airtight
Security
The smart contract system
provides a rock-solid set of
guarantees between two parties
– travelers to hotel or business
to business. No third party is ever
involved, not even Hotelier Coin.
The booking fee is secured by the
legally-binding Ricardian contracts
embedded in the blockchain ledger
system and then released to
the resort.

Because both parties accept the
contract, the agreement between
                                          reviews in an attempt to affect the
                                          reputation of another hotel. This
                                                                                     13. Investment
you and the hotel is always
accurate and binding. Last- minute
                                          innovative review system benefits
                                          everyone, from travelers to resorts.
                                                                                     Opportunity
price changes and double bookings
are all prevented by contractual
terms with pre-agreed penalties.
There is no middleman to add              12. FLEXIBILITY                            Value is an arbitrary human
complexity to the situation or craftily                                              construct. The only reason fiat
undermine your rights. Schedule
                                                                                     currencies are valuable is that we
changes and cancellations are
                                          HotelierCoin employs                       agreed to assign a value to them.
allowed, with pre-agreed terms
                                          sophisticated inventory management
and options. The process is entirely                                                 Currently, two of the main issues
                                          systems connected across all our
peer-to-peer, only in the highly                                                     causing the most concern in altcoin
unlikely case of a complex dispute        destination resorts. They provide
                                                                                     investment circles are sustainability
will HotelierCoin get involved.           detailed, precise and unfailingly
                                                                                     and asset intangibility.
                                          accurate data in real time, allowing
                                                                                     The Hoteliercoin token circumvents
                                          us to give travelers unprecedented
                                                                                     both problems due to its tangibility
11. Transparency                          access to room availability and rate
                                                                                     and scalability.
                                          information on demand.

Another significant area of concern                                                  Hoteliercoin’s supply and demand
                                          If it is in the system, you can book it,
is the unreliable review process.                                                    will be governed by public trade
                                          pay with your Hoteliercoin balance
Positive and negative ratings and                                                    guidelines, this works as a security
                                          and, through smart contracts,
reviews are incredibly easy to create
                                          guarantee that your room will be           measure for the Hoteliercoin token
and edit. As a result, travelers never
                                          available when you get to your             as an investment vehicle. In the
really know whether the reviews are
close to reality. This situation can      favorite destination.                      future, HotelierCoin will provide
dramatically affect the guest                                                        investors with the chance to trade
experience, the reputation of hotels      If you choose to use Hotelier              in Room Night Futures backed by
and the entire industry. Hotelier         Coin, you can set up incredibly            utility for B2B. HOTEL-backed
Coin’s system eliminates this             flexible alerts to inform you              token instruments with a pre-
problem. Reviews are only allowed
                                          whenever specific criteria are             specified fulfillment date will be
within the scope of a smart contract
                                          matched. You can easily customize          made available for select highly
which means that each review
reflects a genuine stay and is            location, dates, amenities and price       desirable hotel room nights.
attributable to a real user. All          range in Hoteliercoin or fiat currency
information is then stored in our         equivalent. Whether you are looking        These strictly limited instruments will
sidechain protocols and secured           for 5-star hotels in Dubai for less        operate up to a year in advance and
by the main Ethereum blockchain,          than 400 Hoteliercoin tonight or
                                                                                     will be tradable in the same way as
where it is impossible for anyone,        want to get notified when an air-
other than the reviewer, to alter.                                                   any other cryptocurrency. Backed by
                                          conditioned room with a 40” flat
Brand managers cannot pressure                                                       guaranteed occupancy mediated by
                                          screen TV is available for any May
HotelierCoin to alter, hide, promote                                                 guest-flexible smart contracts, they
                                          2019 Tuesday in a Southeast Asian
or misuse review data, as we have                                                    will provide an excellent opportunity
no access to it. Competitor brands        hotel for less than $200,
                                                                                     for investors.
cannot create countless negative          HotelierCoin can make that happen.
Global Hotelier Pte. Ltd - October 2019
34

                                            14.                                   1. Travelers

                                            Beyond                                Bob and Alice
                                                                                  purchased some Hoteliercoin tokens

                                            Hotel                                 during the private sale. They log into
                                                                                  the HotelierCoin platform, their wal-

                                            Room
                                                                                  let shows their current Hoteliercoin
                                                                                  balance and its approximate fiat
                                                                                  equivalent. After quickly customizing

                                            Leisure                               their search, they find themselves
                                                                                  looking at hotels in Bali available in

                                            Partners                              August.

                                                                                  Several hotels look good to them, so
                                                                                  they read some of the reviews with
                                                                                  real photos and compare the overall
                                                                                  scores. They know that this
                                                                                  information is real, provided by
                                                                                  genuine guests. They decide on a
                                                                                  hotel called The Tudor Grand, look
                                                                                  over the smart contract terms and
                                                                                  book. Within moments, the smart
                                                                                  contract is activated, and the
                                          HotelierCoin will offer more than       appropriate amount of Hoteliercoin
                                          just rooms. We intend to provide        is debited from their balance.
                                          a full suite of travel and leisure      Alternatively, Bob and Alice can
                                          options. Your Hoteliercoin tokens       simply pay with their HotelierCoin
                                          will be able to get you from your
                                                                                  debit card. In August, they arrive at
                                          doorstep to your favorite hotel room
                                                                                  The Tudor Grand and their room is
                                          or your favorite restaurant at your
                                                                                  fully tailored to them. Bob and Alice
                                          dream destination. As we expand,
                                                                                  made
                                          we will be seeking out and
                                                                                  a special request for this in their
                                          incorporating all sorts of leisure
                                                                                  profile, a fruit basket on the bedside
                                          activities, from museums and
                                                                                  table, feather pillows, and reserved
                                          galleries to adventure tours and
                                                                                  spots in the hotel’s restaurant for
                                          extreme sports.
                                                                                  every other night of their stay.

                                          With our dedicated travel club, we
                                                                                  They have a lovely time and, when
                                          will also allow our users to access
                                                                                  they leave, they are only too happy
                                          discounted special offer promotions
                                                                                  to give HotelierCoin and The Tudor
                                          directly from our tourism partners,
                                                                                  Grand a glowing review. Bob and
                                          maximizing the value and rewards
                                                                                  Alice will also have an option to
                                          that come with using HotelierCoin
                                                                                  redeem Hoteliercoin tokens with a
                                          as your preferred reservation
                                                                                  world-class concierge (call center),
                                          partner.
                                                                                  a dedicated lifestyle executive is
                                                                                  arranged on request to orchestrate
                                                                                  the travel requirements. The ultimate
                                                                                  objective of the lifestyle executive

                                          6.5 USER                                is to meet/exceed travelers’
                                                                                  expectations.
                                          STORIES                                 Mobile Check-in was done via our
                                                                                  Decentralized App, KYC verification
                                          The following case studies illustrate
                                                                                  included, Hoteliercoin was used for
                                          the way that HotelierCoin and
                                                                                  payment, preference updates before
                                          Hoteliercoin will function in
                                                                                  the trip and requests during the
                                          real-world situations.
                                                                                  stay were communicated via DApp.
Global Hotelier Pte. Ltd - October 2019
                                                                                                                        35

                                          Satisfaction Manager has already         Satisfaction Manager has already

2. Manager                                been notified of their requirements.
                                          In their morning meeting, she
                                                                                   been notified of their requirements.
                                                                                   In their morning meeting, she

Helen runs The Tudor Grand
                                          informs Helen that everything is in      informs Helen that everything is in
                                          place. Since Bob and Alice have no       place. Since Bob and Alice have no
Hotel in Bali. The morning of Bob         further requests, Helen does not         further requests, Helen does not
and Alice’s arrival, her property         need to worry about them during          need to worry about them during
management system checks to verify        their stay. When they leave, the         their stay. When they leave, the
feather pillows in the room, assigns      smart contract executes, and the         smart contract executes, and the
the task to the housekeeping              hotel bank account is                    hotel bank account is credited with
attendant and informs room service        credited with the appropriate sum in     the appropriate sum in US dollars or
that the room will need a fruit           US dollars or Hoteliercoin transferred   Hoteliercoin transferred to the hotel
basket. The hotel restaurant already      to the hotel wallet.                     wallet.
has the required bookings for their
chosen evenings.                          Should there be a late cancellation      Should there be a late cancellation
                                          or no-show, the manager does not         or no-shows, the manager does not
The property management system            need to charge the credit card.          need to charge the credit card. The
does not automatically handle a few       The smart contract will be written       smart contract will be written to
of the more individual preferences        to secure the interests of both the      secure the interests of both
in Bob’s and Alice’s smart contract       Traveler and Manager, avoiding           Traveler and Manager, avoiding
– Alice would like a red sun lounger      disputes. Partial payment as per the     disputes. Partial payment as per
reserved for her during daylight          terms of booking can be written via      the terms of booking can be written
hours – but Helen’s Guest                 smart contracts.                         via smart contracts.

                                                                                   for next year as Tudor coins for B2B

                                         3. Owner                                  at $125 per room night inclusive of
                                                                                   breakfast and taxes, they also list

                                         Craig is the CEO of Woods,                a live event for B2C, connected with
                                                                                   the channel manager and sold as
                                         Inc., a large chain of luxury             per availability on the best available
                                         hotels in the Asia Pacific region,        rate. The hotel downloads the
                                         including The Tudor Grand.                Hoteliercoin wallet. Craig swiftly
                                           HotelierCoin approaches him             observes a noticeable uptick of im-
                                         regarding listing his resorts and         mediate cash flow, no bank charges,
                                         an agreement is reached. Property         and low
                                         Management System specialists from        booking fees. Craig decides to
                                         both HotelierCoin and Woods, Inc.         convert most Hoteliercoin to
                                         work together to write the smart          HTL-Stable Euro or fiat currency and
                                         contract as per the agreed details,       keeps 25% in Hoteliercoin to pay his
                                         and very soon Craig’s hotels are          vendor or for business travel across
                                         listed on the system, for B2C and         Hotelier Coin’s network.
                                         B2B. Tudor lists 1,000 room nights

                                          Sometime later, he receives an alert
                                          notifying him that HotelierCoin is

4. Investor                               opening a room futures instrument
                                          for next May for a group of Woods,

Jacob is enthusiastic about               Inc. hotels on North America’s West
                                          Coast. He knows that there’s an
cryptocurrencies and sees the
                                          important blockchain conference
potential for Hoteliercoin to do well.
                                          being organized in Seattle at
He buys into the private sale and
                                          a specific time and that this includes
holds onto his stock. A year later, he
                                          hotels close to the venue. Rooms are
is pleased to see that Hoteliercoin
                                          going to be difficult to get, close to
has increased significantly in value
                                          the date. He chooses to
and that there is a lively market in
                                          purchase multiple branded - hotel
both the token and the leisure
                                          room tokens - night futures at
options available for redemption.
                                          a standard rate over the conference
He is not currently in the market for
                                          period using some of his
a holiday but, looking at his home
                                          Hoteliercoin balance. He activates
city, he sees that there is a Saturday
                                          an alert to inform him when the
course on fusion cookery running
                                          futures hit twice their current value,
tomorrow with an open slot at a
                                          or when there are less than two
very tempting
                                          weeks left for the conference. Jacob
price. He decides to book it, so
                                          also has an opportunity to trade his
clicks a button and, the next day
                                          multiple branded hotel tokens within
learns several new culinary tricks.
                                          the HotelierCoin platform.
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