One of the major and most popular travel platforms out there, Expedia, has finally considered cryptocurrency as a payment option for its offers. New reports show that Expedia partnered with Travala, allowing its over 700,000 accommodations to be booked with cryptocurrency thanks to Travala.com.
The announcement was shared with the crypto news media outlets on July 6, showing that Travala.com adds more than 700,000 accommodations to its crypto-powered travel platform and its over 2 million options available in 230 countries.
The Senior Vice President at Expedia Group, Alfonso Paredes, recently noted that the company aims to scale up Travala.com and its business faster than it did expand so far. He also said that the firm recognized innovation and stressed the importance of allowing users to choose their preferred payment method.
Support #Crypto adoption and book using #BNB or #BUSD on https://t.co/CL8FxAXFXS. Best price guarantee on 2,000,000+ properties@cz_binance $BNB $BUSD #Binance@Investingcom reports: https://t.co/7PqVEr4Pik" pic.twitter.com/9gpYjVqulm
— Travala.com ✈️ 🏨 (@travalacom) July 6, 2020
All of this is a result of a collaboration that Travala now has with Expedia – dubbed the Expedia Partner Solutions (EPS). EPS is what allowed Travala.com to access the Rapid Application Programming Interface (API), which now allows the firm to offer Expedia’s accommodations to its users.
Expedia partnered with Travala and now we can see that the cryptocurrency bookings are live. Despite the ongoing travel restrictions in many countries imposed by the COVID-19 pandemic, the option is expected to be used by many cryptocurrency holders.
Before this, we could see Travala strucking a similar deal with Booking.com in November 2019, which offered the latter to benefit from crypto payments and add over 90,000 accommodations to its platform. Data shared by the firm revealed that it saw its revenue increasing by 33% after the partnership.
Now that Expedia partnered with Travala, we can expect even more travel bookings paid with cryptocurrency. Travala has helped many platforms leverage its crypto payment options – one of them was the flight booking service TravelByBit and the partnership with the platform in late May. This merger is expected to scale up the platform to give a more thorough service to all travelers wishing to spend their cryptocurrencies.
All in all, we can now see that Travala’s platform is a great option for many companies, merging the field of crypto payments with various offers. Investors following the Bitcoin news can now know that they have a solid option to book travel with crypto.
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