LockTrip saves you 23% in Istanbul

Have you been to Istanbul before? If not, it is definitely overdue! With more than 15 million citizens and a long history going back thousands of years, Istanbul is a perfect fit especially for those who are interested in history and culture.

Dolmabahce Palace

One of the architectural highlights of Istanbul is the Dolmabahce Palace. Built in 1856 by the Ottomans, this palace fulfills every criteria of beauty. At the cost of more than 35,000 kg Gold, a huge complex with 285 rooms was built on the shore to the Bosporus.

Be advised that only 25,000 visitors are allowed per day. Coming in the morning will greatly improve your chances of getting in.

Hagia Sophia

Hagia Sophia is considered the epitome of Byzantine architecture and an absolute must when you visit Istanbul. Built in 537 by the Romans, this structure served for almost a millennium as a Basilica and was quickly turned into a mosque after the Ottoman conquest of Constantinople (Istanbul) in 1453.

You can quickly see how Christian and Islamic elements mix into a very unique appearance.

Enjoy the Food

Istanbul has a lot to offer from a culinary perspective. From meat lovers to vegetarians, everyone will find a delicious dish to broaden their flavor horizon.

Where to stay?

Through our 0% commission policy, we are able to offer you significant savings compared to other booking sites. Our internal price comparison analysis showed that you can expect average savings of 23% for the city of Istanbul.

Please note that this is an average, which has been calculated from a sample of many hotels. Prices for individual hotels/rooms will show significant deviation.

Below is a small selection from 1,500 Hotels in Istanbul that can be booked on our marketplace.

1. Celine Hotel

→ View on our Marketplace

2. Seven Hills Palace Hotel

→ View on our Marketplace

3. Neorion Hotel

→ View on our Marketplace

You can browse all 1,500 Hotels in Istanbul here.

Did you know that you can earn up to $100 for sharing your experience after booking with LockTrip? Here is how it works.

Team LockTrip wishes you a great stay in Istanbul!
Locktrip saves you 23% in Istanbul

Announcing #LOC Economy 2.0

LockTrip was born out of an idea drafted back at the beginning of 2017. An idea for creating a new generation shared economy that could potentially make an impact and bring a new meaning to the blockchain as a technology and to the global hospitality industry.

Now, two and a half years later, as we are in a culmination stage of the product prototyping period, we are closer than ever to turn the new generation economic model into a reality. The concept that originally was just text in a whitepaper, has been put to the test and was validated by thousands of users on our marketplace application.

Thanks to this test, we were able to gather real market data and work with the numbers in order to iterate a more robust and effective economic design that could potentially lift the project to its next level. Some of the objectives being to:

• unlock unlimited scalability potential

• minimize price volatility exposure for hosts and LockTrip as a company

• enhance adoption of LOC from hosts side

• increase the economic impact of each individual booking

• enable LOC economy to grow stronger with any force-majeure price drops as well as unrelated market oversold conditions (e.g. when LOC price drops significantly while bookings are being generated, this to have a long term beneficial effect on the economy)

• minimize costs and improve pricing on a large percentage of bookings

Introducing LOC Economy 2.0

1. Exploration of the challenges that accompany our current LOC economy. We have outlined 6 main challenges and enriched your understanding through explanatory visuals.
2. Presentation of our solutions and a detailed analysis of how they affect the challenges outlined in section 1. Comparing the efficiency of the old vs. new economy by taking in 3 key factors and providing graphical representations.
3. Summary of Impact. Listing 12 bullet points that summarize the analysis of section 2.
4. Simulations and a dynamic simulation tool for you to play with. Presenting you a total of 5 pre-set scenarios we’ve made (1 detailed focusing on user base growth with reference to affiliates and viral effect, 1 lightweight version that would be easy to play with, and 3 highly dedicated ones to showcase key effects of the new economy).
5. Conclusion and a short FAQ

Click Here to Open LOC Economy 2.0

Major changes require strong arguments. This is why we prepared a 25-page argumentation document, which leads you through our own thinking process and demonstrates how we came up with the solutions. You will notice that we worked a lot with data to verify the effectiveness of each upgrade.

To give you the same experience, we added booking volume/price simulations to the document, so that you can confirm each argument first-hand. Here is a quick overview of the document structure:

We can’t wait to get your feedback on it! Take your time though. We know that the material we present is very information-dense and requires some serious thinking to grasp all aspects of it.

We will be hosting a survey next week as soon as we have the feeling that the concept has been well-understood and discussions matured towards a general consensus.

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