SmartTrip PROJECT SUMMARY

Travel and tourism industry is the world’s fastest growing sectors, with bookings hitting close to $1.6 trillion in 2017, against an estimated 284 billion US dollars spent by travelers from the United States alone in 2016. A strengthening global economy lies at the heart of industry growth. Each year, the global traveler pool is flooded with millions of new consumers from both emerging and developed markets, many with rising disposable incomes and a newfound ability to experience the world. The use of the most innovative digital technologies has been one of the prime movers of this growth creating such online travel giants as AirBnb and TripAdvisor. But Things have taken a drastic turn with the invention and use of blockchain technology for business transactions because of its decentralized structures, speed and smart contracts amongst other benefits.

Although growth has been exponential with travel industry but there are still numerous challenges confronting the industry to date, though unfortunate. These are ugly experiences once they occur things goes wrong eventually spoil a vacation. It will be interesting and memorable to have travelers and tourists have new experience to share after embarking on any new trip, but that is yet to be a reality.

WHY TRAVELLERS CANNOT GET WHAT THEY WANT
Global travel industry has grown by 3.1% in 2016 - faster than the global economy as a whole; moreover, it has been the sixth year in a row that the travel industry has overperformed the global GDP. Experts agree that travel will remain one of the movers of the world economy in the next decade

PROBLEM FACED BY TOURISTS:
Who among us does not look forward to every upcoming trip, hoping that it will prove to be unforgettable, authentic, and overall amazing? And yet, quite often the tourists’ hopes are dashed: they are disappointed with their accommodation and food; they get ripped off by tour guides and taxi drivers, and eventually miss many of the key sites. In the end, they return home and lament that the trip did not meet their expectations.
1.Difficulties preparing for a trip
2.Difficulties on the road
3.Issues faced by local travel service providers
4.Financial issues
5.Communication and technology issues
6.Finding service providers.
7.Language barrier.
8.No compensation for bad service.
9.Money and commissions.
10.Paying more.
11.Cultural etiquette.
12.Safety Missed attractions

One and the same problem lies at the root of all these issues and many others: there is no single tool that would allow tourists to build a perfect trip. As a result of insufficient preparation, lack of information, and difficulties finding and contacting the best service providers, tourists end up getting low value for their money.

ISSUES FACED BY LOCAL TRAVEL SERVICE PROVIDERS

Financial issues
Communication and technology issues

The Smart Trip Platform is designed as the ultimate solution to the issues plaguing both travellers and travel service providers: it is an ecosystem that allows all users to connect directly, plan trips efficiently and quickly, save money, and participate in a dynamic community. Smart Trip Platform will not only provide an extremely wide range of services - from boat rentals to safaris - but will also act as a true knowledge base. It is a brand-new model of travel - minimizing time spent on research and maximizing the authenticity of the experience. What’s more - the platform will serve as a fully developed social network, where users can post photos, videos, and blogs.
Smart Trip project is promising, an investment that guarantees a lifetime benefit. I therefore invite to join this project (TASH).