Tourism and traveling represent one of the world’s largest industries. Booking.com and Airbnb, two of the most known Online Travel Agencies (OTAs) are ranked globally among Top 100 (Booking) and among Top 400 (Airbnb) websites, which definitely proves that traveling represents a very important aspect of life of today's society. One would believe that the popularity of Booking and Airbnb is a result of best prices they offer and of the best quality service they provide. But is it all really like that? The biggest OTAs (not just the two mentioned above) charge up to 30% commissions, which are deducted from the price you pay when booking a certain accommodation. This means that the property owner gets up to 30% less then what you have actually paid. Unfortunately, all these funds are not dedicated to the quality customer support, but rather just to extensive marketing. Luckily, there seems that a solution exists. It is called LockTrip.
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What is LockTrip?
LockTrip is hotels and vacation rentals marketplace with 0% commissions. Their business model is called freemium, which means that the marketplace is free of charge for both accommodation providers and seekers, whereas the operational costs (and profit) are covered from the premium features that marketplace has to offer. Their business model offers travelers to save on average 20% on bookings on Locktrip.
How can you book a room on LockTrip?
First you need to create your account, which is a fast and straightforward procedure. Go to LockTrip, click Register, fill in the required fields and that is it. Just insert your travel destination, time period of your travel, number of nights and other required data. After you find a perfect place for you, you can book it with credit/debit card (there is 2.5% fee) just like you would on Booking or Airbnb. Those that are familiar with cryptocurrencies can also make a booking using LockTrip (LOC) tokens (there is no additional fee for these payment).
Do you not find your favorite hotel on Locktrip?
Just wait a couple of more days and LockTrip will add additional 400.000 hotels to their marketplace. And this is not all. In Q1 of 2019, Locktrip will also start to offer booking flights with 0% commissions! LockTrip's long-term vision is to become all-in-one marketplace for travelers with the best possible prices.
Are LockTrip prices really 20% lower (on average) then on Booking or Airbnb?
The answer is yes. There are quite a lot of reports on savings from travelers all around the world that used LockTrip for booking their accommodation. Here are some of them:
- How we saved 900 Euro when booking hotels for our 2019 EuroTrip? link
- How LockTrip saved 68% on hotel expenses for this traveler? link
- 15-32% savings based on booking quotations. link
Do you have any questions?
If you have any questions/remarks, please do post them in the comments. You are more than welcome to drop your desired hotel, arrival and departure date, number of guests and any other specification in the comments and I will do a price comparison for you.
You can also contact Locktrip's Customer Service.
Please note: accommodation prices in USD on LockTrip are visible only after you create an account. This is due the rate parity agreements, which are signed between property owners and OTAs. All the links in this article that lead to LockTrip site contain my referral code. If you would not like to use it, you can use this link.