Announcement • May 21
OwlTing Group Introduces Booking Engine For Agent Checkout Bringing End-To-End AI Agent Bookings To The Hospitality Industry
OwlTing Group, the operating brand of OBOOK Holdings Inc., a global fintech company, announced the upcoming launch of OwlPay Booking Engine for Agent Checkout (the "Service"), a new hospitality booking engine designed to help hotels, B&Bs, Online Travel Agencies (OTAs) and hospitality platforms support AI agent-initiated bookings and payments. The Service integrates three purpose-built layers: OwlPay Agent Checkout for booking confirmation and payment acceptance, OwlPay Agent Wallet for AI agent-authorized payment, and OwlPay Harbor for cross-border supplier settlement, forming an end-to-end pathway for AI agent-driven hospitality bookings. The Service is expected to roll out in June 2026. To bring the Service to market at launch, the Company intends to first onboard its existing hospitality client base through its OwlNest property management system, which serves over 2,800 hotel and accommodation clients worldwide, as the initial deployment audience for the Service. In 2025, gross booking volume across OwlNest client platforms reached approximately USD 280 million, with monthly gross order volume within OwlTing's Asia-focused booking ecosystem reaching approximately USD 30 million in each of March and April 2026. These figures represent the aggregate value of real hospitality transactions within OwlTing's existing client network, not OwlTing revenue and not amounts currently processed through OwlPay. They reflect the Company's immediate addressable audience for initial rollout, not the ceiling of the market opportunity the Service is designed to address. According to Phocuswright Research, global online travel gross bookings are projected to reach approximately USD 1,200,000 million by 2026, with hotels and lodging representing the single largest category within that total and online penetration in the hotel segment rising from 55% in 2024 to 58% by 2026. IDC predicts that 30% of all travel bookings will be executed by AI agents by 2030. The Service is designed to generate revenue across three streams: platform service fees from hospitality operators integrating the Service into their booking infrastructure; payment service fees on multi-currency transactions settled through OwlPay Harbor's licensed cross-border rails; and per-transaction fees on AI agent-initiated bookings processed end-to-end through the Service. The Service is designed to support AI agent-driven hospitality bookings across four steps: Search & Reservation. AI agents acting on a traveler's instructions can search, compare, and select hotels, B&Bs, or short-term rental properties. The Service is designed to carry that conversational request directly into a real booking with the chosen operator. Authorized Payment. OwlPay Agent Wallet serves as the payment layer of the Service, giving the AI agent a self-custody wallet designed to execute payments within the scope of user authorization. Funding paths include the Company's Visa Direct integration, which allows eligible U.S. debit cardholders to fund USDC transactions without a separate exchange account. Booking Confirmation. OwlPay Agent Checkout, the payment confirmation and order-verification module of the Service, built on the x402 open payment standard, is intended to let hospitality operators receive AI agent-initiated bookings, confirm payment, and return reservation status to the booking engine in real time. Settlement is designed to run through OwlTing's licensed rails, allowing operators to receive funds in fiat without managing digital currency balances themselves. Cross-Border Settlement. OwlPay Harbor serves as the back-end settlement layer of the Service and is positioned to extend its existing settlement capabilities into the supplier-payment segment. For OTAs and hospitality platforms that disburse funds to property owners worldwide, Harbor aims to streamline how multi-currency proceeds reach hotels, B&Bs, and individual property owners across jurisdictions. OwlTing plans to bring the OwlNest base online at launch by integrating the Service directly into the property management layer. For hospitality operators not yet building AI capabilities of their own, working with OwlPay and OwlNest is designed to provide a ready path to take AI agent bookings: their guests gain a complete agent-led journey from search through booking and payment, while reservations continue to flow into existing systems as they would from any other channel. With the Service combining Agent Wallet for authorized payment, Agent Checkout for booking confirmation, and Harbor for global supplier settlement, all operating under one licensed framework, backed by Money Transmitter Licenses or their equivalent in 40 U.S. states, OwlPay Booking Engine for Agent Checkout is designed to support the full booking-to-settlement loop as AI agents take on a larger role in the future of hospitality commerce.