LockChain - Decentralized Hotel Booking Platform
Sector: Tertiary sector · Industry: Hospitality and catering · Organisation: LockChain LTD · Maturity level: Concept
LockChain is a decentralized booking platform for hotels that uses blockchain technology to enable direct bookings without commissions. The platform eliminates intermediaries like Online Travel Agencies and functions as an all-in-one solution for property management and payments in a subscription model. Hotels can thereby increase their margins and build direct customer relationships.
Documentation status
- Project status: Concept
- Evidence: Evidence medium
- Editorial review: Ufuk Avci, 15 April 2026
Description
Blockchain hotel direct booking eliminates expensive intermediary platforms. Booking.com and Expedia charge 15-25% commission — for a medium-sized hotel with 1 million EUR annual revenue via OTAs, that means 150,000-250,000 EUR in commissions.
Blockchain direct booking architecture: hotels publish availability and prices as smart contracts; guests book directly using crypto or fiat; the smart contract holds payment in escrow; payment is released to the hotel upon check-in; cancellation policies are automated. Winding Tree (Zug 2017, discontinued): TUI, Lufthansa, Air France, Swiss and Nordic Choice Hotels piloted the approach — failed due to network effects. Travala.com: active blockchain-based travel marketplace with 2+ million accommodations and Booking.com partnership, crypto payment enabled. Hotel side: direct customers are more profitable — no commission, direct contact for upselling, no dependency on platform rankings.
Perspectives
B2B — organisations perspective
Hotels can save 15-25% in commissions through blockchain-based direct booking platforms — smart contracts automatically manage booking, payment and cancellation, direct guest communication without platform intermediaries.