1 Million Holiday Homes Now Bookable Through Travala
- With the addition of the new offering, Travala.com now has over 3 million accommodations around the world.
- Available on the sites’ “Homes” booking section, the new offering is in response to a growing demand for alternative accommodations.
Illustration from Freepik
Crypto-focused online travel agency Traval.com has once again increased its reach, and is now offering a total of 3 million accommodation options, the firm said in a blog post on 5 August.
According to the announcement, the platform added around one million new holiday homes to its portfolio, bookable through the sites’ new home booking section called “Homes”. Spread across 195 different countries, the homes and apartments can be payed for using 30 cryptocurrency options, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Travala.com’s native AVA token, and more.
The CEO of Travala.com, Juan Otero, said in a statement:
“Travala.com now offers over 3 million travel products bookable with cryptocurrencies and is truly emerging as the world’s next OTA version 3.0. Also, demand for non-hotel accommodation is growing fast so the launch of Homes couldn’t come at a better time.”
Covering over 80,000 destinations across the world, the new alternative accommodation option is in response to rising customer demand. The blog post pointed out that Travala.com will be one of the first companies to bring cryptocurrency payments to the home rentals business. It also noted that its parent company, Booking Holdings, revealed that there is a trend towards domestic bookings and alternatives to traditional hotels in its first quarter earnings call.
Travala.com has been rapidly expanding its crypto-powered offerings for a while now. Back in July, the firm partnered with online travel agency giant Expedia, not only enabling its users to pay for accommodations with cryptocurrencies, but also adding the new destinations to its platform. At the start of this week, the firm also announced a strategic partnership with Agoda, a subsidiary of Booking Holdings, which added an additional 600,000 hotels to the crypto-focused travel agency.
- By partnering with Agoda, Travala.com now claims to have reached over 2.2 million property listings in total.
- July has been a record month for the crypto-focused travel agency, with around $400,000 in revenue.
Illustration from Freepik
- A partnership with Travala.com makes the new payment options possible.
- The collaboration has also allowed Travala.com to add over 700,000 accommodations to its growing list of 2 million options.
- Travala.com accepts more than 28 cryptocurrencies as payment, among which is now Cardano’s ADA.
- The last six weeks have seen a steady increase in travel bookings, showing recovery of the industry after the pandemic.