Cryptocurrency travel booking platform Travala.com saw a significant increase in the number of rooms booked through its platform after its recent integration with travel booking giant Expedia.
According to, Juan Otero, the CEO of Travala.com, the company’s sales with bookings increased by 75% in the next two weeks Your partnership with Expedia. The total number of reservations grew by 68% In the same period.
Otero explained that The proportion of reserves paid with crypto assets has also increased significantly:
“We are also seeing a sharp increase in the number of reservations paid with cryptocurrencies, especially the native AVA token, which has become the preferred crypto payment option after Bitcoin. From 59% of all reservations in June, after the recent partnership with Expedia, they became in July paid up to almost 70% with cryptocurrencies. “
According to Otero in February before the global pandemic of COVID-19, Travala.com hit monthly reserve values near $ 400,000, with 60% paid in cryptocurrencies. He expects the company to outperform this month Monthly booking proceeds of $ 200,000.
Associations are driving the growth of Travala
Otero believes that The partnership with Expedia is an important factor in the growth rate of Travala.com. He explained:
“The relaxation of travel restrictions has definitely impacted our recovery. However, the acceleration in growth that we have seen since partnering with Expedia is of great importance as we will be working with leading travel providers such as Expedia, the platform at Travala.com increasingly competitive. “
The CEO also stated that Travala.com is talking to many other potential business partners.
Actually, The travel platform, which is made possible for payment with cryptocurrencies, already had significant associations at the beginning of this year. In February, integrates with Hong Kong-based cryptocurrency payment provider Crypto.com, while in May Travala has partnered with another cryptocurrency travel platform, TravelByBit.