Web3 is built around decentralization, taking power and control from the hands of a few private institutions and placing it back in the hands of individuals in the form of collective ownership. This report explores the foundational principals of Web3 and applies them to the context of the travel industry, where a few large entities dominate the playing field. In a space where companies, governments, and travelers are closely intertwined, Web3 presents unique possibilities for radically transforming how they interact with one another.