600,000 Hotels Added To Travala’s Crypto Booking Platform
- 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
Travala.com is once again expanding its crypto-powered offerings, this time through a new partnership with Booking Holdings subsidiary Agoda, the firm said in a blog post on 3 August.
According to the announcement, the new strategic partnership has added more than 600,000 hotels to the cryptocurrency-focused travel agency Travala.com. The firm has claimed that it now offers more than 2.2 million properties, in 230 countries and territories, which users can pay for using up to 30 different cryptocurrencies, including Bitcoin (BTC) and the platform’s native token AVA.
The CEO of Travala.com, Juan Otero, said in a statement:
“This strategic partnership with Agoda puts Travala.com in a league of its own. We can safely say we are the world’s largest blockchain-based online travel agency by number of accommodation options available with over 2,200,000 options to book covering 90,124 destinations.”
This is not the first time that Travala.com has partnered with its mainstream industry counterparts. The Binance-backed crypto-powered travel agency forged a partnership last month with Expedia, one of the world’s largest online travel agencies. Through the partnership, users of both platforms now have the ability to book over 700,000 accommodations using more than 30 cryptocurrencies. Back in November 2019, the firm also partnered with travel giant Booking.com, which at the time enabled its users to book 90,000 different destinations using cryptocurrencies.
On Saturday the cryptocurrency-focused travel agency released its July monthly report, which showed that the platform generated around $400,000 in revenue, a 137% month-over-month increase. The report further revealed that more than 60% of all customer bookings were paid using cryptocurrencues, with the most popular being Bitcoin (20% of all bookings) and AVA (16% of all bookings).
- 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
- 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.