Crypto Adoption Boosts Travel: Travala Rises From The Ashes

Travala.com, the leading crypto-friendly travel platform, reported an “explosive growth” during the third quarter of 2021, and the use of cryptocurrencies played the main role. Its blockchain-based platform allows customers to realize payments in over 50 digital coins. CEO Juan Otero stated back in July that 70% of the bookings were being paid by digital coins, getting to see over $1 million gains every week. He also commented that With more people holding cryptocurrencies and more businesses accepting it for real-world things, travel is naturally a desirable experience to use crypto, Related Reading | Australian Woman Travels to Ten Countries in 12 Weeks on Cryptocurrency Alone Travala partnered with Viator, the company owned by Tripadvisor, and Expedia Group -even though Expedia does not directly accept payments by bitcoin-. By these partnerships alone they offer over 700,000 hotels and accommodations and 400,000 bookable activities that can be purchased with cryptocurrencies. Otero had stated earlier that “Travala.com offers over 3 million travel products, making us not just the biggest crypto-friendly [online travel agency], but one of the largest overall.” In hotel bookings alone, 75% of them were paid by cryptocurrencies, leaving 13% paid by travel credits and only 12% by traditional currencies. Travala’s native AVA altcoin raised to the top with 14% of use, followed by Binance Pay with 12% and Bitcoin at 8%. ...