Distribution within the hospitality industry has become outdated and untrustworthy. Katanox is re-piping this issue, by enabling a direct solution between travel sellers and accommodation providers, in turn providing more choices for travellers.
By providing direct contracting, travel sellers and independent online agencies' commissions will be significantly increased, and accommodation providers can take full control of their distribution by defining the terms of trade while also lowering their distribution costs. This results in Katanox being seen as an attractive solution for these companies.
Recently, Katanox secured a license from the Dutch National Bank, enabling the company to offer regulated payment services across the European Economic Area, streamlining transactions and cutting costs for accommodation providers and buyers. AS the company continues to expand its payment offerings and build products, this development sets the stage for significant growth and new opportunities in the hospitality industry.
Kirsty
Company Specialist at Welcome to the Jungle