The Travala crypto booking platform is in the cryptocurrency news now, after seeing a 205% jump in its booking revenue and 60% of all bookings paid with crypto. The platform has reported the booking growth as demand for travel returns after the coronavirus crisis and extended lockdowns in many places.
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As the COVID-19 cases fade out in many regions across the world, the Travala crypto booking platform sees increased interest. For your information, Travala is a website where travelers can book flights from over 600 airlines and more than 2 million hotels and accommodation options worldwide.
Published this Monday, its monthly performance report shows that the global travel industry has been severely hit by the coronavirus pandemic, economic crisis and extended lockdowns. As the platform said in the post:
“We have endured a turbulent few months, due to travel restrictions and border closures resulting in cancellations and reduced bookings. Confidence and a desire to travel are returning with a significant increase in demand … Overall [our] booking revenue for the month of May was $68,162 which is an increase of 205% compared to April.”
The traffic to the Travala crypto booking platform grew substantially during the month, as the company detailed. According to its stats, direct traffic to the site from the United States alone grew at most at 541%, followed by Vietnam with 118% increase, the UK with 80% increase, the Netherlands with 56% increase and Germany with 54%.
Moreover, “the total number of room nights booked [in May] was 541, which is an increase of 45.8% compared to April,” as the platform said. In this manner, the top countries booked were the US, Thailand, Spain, the Netherlands, Poland, Vietnam and Australia.
What’s also interesting in the Bitcoin news is the fact that more than 60% of all bookings were paid with cryptocurrencies. Travala listed many business partners across a wide array of categories and numerous payment methods on its website. Some of the most vocal partners include the names of Binance, Bitcoin.com, Huobi, Gocoin, Changelly, Booking.com, and Travelbybit.
For those of you who don’t know, the crypto-friendly travel booking platform accepts a wide range of cryptocurrencies including BTC, BCH, USDT, ETH, LTC, XRP, EOS, ADA, WAVES, DAI, DASH, XMR, NANO, XLM, NEO, GUSD and others.
“Over 60% of the total bookings in May paid with cryptocurrencies,” the company concluded.
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