Aofex

Travala Adds Over 600k Hotels to Its Crypto-Powered Booking Service

UTC by Benjamin Godfrey · 3 min read
Travala Adds Over 600k Hotels to Its Crypto-Powered Booking Service
Photo: Unsplash

Travala.com, a crypto-powered online booking service, has added 600,000 hotels to its list of offerings thanks to the partnership with Agoda.

Hotel booking service Travala.com has added more hotel service providers to its online crypto powered booking service. Known for its strategic partnerships, Travala made the new additions with the partnership it struck with Bookings Holdings subsidiary Agoda.

Speaking to Cointelegraph, Travala’s CEO Juan Otero noted that the total number of properties on the platform stands at a record 2.2 million. He said:

“We can safely say we are the world’s largest blockchain-based online travel agency by a number of accommodation options available with over 2,200,000 options to book covering 90,124 destinations.”

Forging a new use case for digital currencies, Travala stands as a pivotal firm in helping to drive crypto’s global adoption and integration with key businesses.

Travala: Bolstering Travel Industry with Blockchain Innovations

Travala.com was founded in 2017 by a team of travel experts, as well as fintech and blockchain veterans. Since its inception, Travala.com has grown from a small start-up to the world’s leading blockchain-based travel booking platform trusted by thousands of customers worldwide as their preferred online travel agency.

The company is moved by the vision to align travel booking with the core tenets of decentralized technology. With this, the Travala platform promotes accessibility to anyone, anywhere, and offers censorship-resistant and peer-to-peer transactions, as well as build open-source technology controlled by software and governed by users.

With the underlying technology, Travala has successfully created a frictionless travel booking experience that incorporates the next generation of blockchain technology and tokenized incentives. By introducing cutting edge user experience and multiple cryptocurrencies and traditional payment options alongside benefits tied to our proprietary cryptocurrency AVA, our customers know they are booking with a platform of the future with transparent pricing and backed up by competitive pricing that comes with a guarantee.

Travala’s Strategic Partnerships

Part of Travala’s big game plan is to forge strategic partnerships to position itself as the goto online booking sites around the world. The partnership with Agoda involves the platform’s 600,000 listed hotels and payment for booking any of these hotels can be done using any of Travala’s 30 supported cryptocurrencies. The firm has an existing relationship with Swipe to enable AVA token payments with Visa.

The company also forged a similar alliance with Expedia in early July, the Expedia partnership also added to its list of available booking spots for its customers in top travel destinations around the world.

As a blockchain-based outfit, Travala is backed by Binance and also has an alliance with TravelByBit, a crypto-powered flight booking service.

Travala Booking Service Getting Back to Normal

The COVID-19 situation brought about a difficult situation for all travel agencies around the world including Travala. Since most countries are affected by a border lockdown as well as inter-country restrictions, patronage for Travala was at a very low ebb for the better part of the first half of 2020.

Travala reported total revenue of $437,323 for the month of July which includes hotel bookings, flight booking service, and listing fees. This represents an increase of over 137% compared to June and making this the best month so far for Travala.com

The company exceeded 100,000 Monthly Active Users (MAU) while the total number of room nights booked was 1,964, which is an increase of 100% compared to June. The platforms native cryptocurrency AVA was also used appreciably as 16% of all bookings in July were paid in the native AVA token, making it the second preferred crypto payment option after Bitcoin (BTC).

As a company advancing the course of global payment integration with digital currencies, Travala is a company to watch out for in the coming months

Altcoin News, Blockchain News, Cryptocurrency news, News
Benjamin Godfrey

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Related Articles