Offering users up to 40% savings on hotel stays, Travala.com is named as official accommodation partner for the Litecoin Foundation.

London, United Kingdom –– May 9, 2019 — Travala.com, the leading blockchain-based hotel booking platform, has announced a strategic partnership with Litecoin Foundation to accelerate the use of cryptocurrency payments. Kickstarting the partnership with Litecoin Foundation is the #TravelWithLitecoin campaign, in which Travala.com and Litecoin Foundation will enable users to save up to 40% on hotel bookings through Travala.com and Litecoin’s LoafWallet. Travala.com will also be the official accommodation partner for the upcoming Litecoin Summit. Illuminating the real-world usability of cryptocurrencies for modern consumers, the collaboration is envisaged to further drive the success of the digital economy.

Commenting on the partnership, Matthew Luczynski, CEO and Founder of Travala.com said, “The consumer is in the driver seat when it comes to achieving mass-market cryptocurrency adoption, and we’re delighted to embark on this journey with the Litecoin Foundation with a unified goal: to bring the mainstream use of cryptocurrencies into everyday life. This is a proud milestone for us as we continue building out our platform to welcome those who share the same vision for the crypto economy.”

Similar to #PayWithLitecoin, the #TravelWithLitecoin campaign encourages the Litecoin community to use LTC as a form of everyday payment wherever their journey may take them. In addition to booking plane tickets, gift cards, vintage collectibles, and private travel, LTC holders can now book their hotel stays with ease through the Travala.com platform and Litecoin’s LoafWallet.

“With the token economy wielding its influence on the travel landscape, #TravelwithLitecoin is an excellent demonstration of how the industry is keeping abreast of the changing times, amid the rise of the 21st-century consumer. Our partnership with Litecoin will enable a more inclusive and flexible travel experience for users, as they embrace the versatility of cryptocurrencies as a payment solution,” added Luczynski.

With a reach of over 210 countries and territories, Travala.com’s portfolio of over 82,000 destinations serves as a gateway to a more inclusive travel booking experience. Offering a consumer-based application of blockchain technology, Travala.com is able to provide a better-optimised booking platform and an equitable pricing model that benefits both consumers and hotel partners alike. In addition to accepting Litecoin, Travala.com offers other leading cryptocurrency payment methods on its platform, including PayPal, Visa and MasterCard.

“We are excited to work with Travala.com to make it easier for Litecoin users to #TravelWithLitecoin,” said Charlie Lee, Creator of Litecoin and Managing Director of the Litecoin Foundation. “Nothing aids mass adoption more than real-world use cases, and the opportunity to use a global currency like Litecoin to travel around the world is a powerful one.”

As part of the collaboration, Travala.com will be the official accommodation partner for the upcoming Litecoin Summit. The flagship conference will run from October 28-29, 2019 in conjunction with Evolv’s Vegas Blockchain Week. With an impressive lineup of some of the world’s leading experts and visionaries within the blockchain and crypto space such as Charlie Lee, Anthony Pompliano, and Tim Draper. The two-day summit seeks to provide a platform for users, developers, and businesses interested in Litecoin and the overall industry. The event welcomed a number of industry leaders, influencers, and visitors in 2018 during its inaugural launch in San Francisco, California.

Users can now plan and book their accommodation for this year’s Litecoin Summit on Travala.com.

About Travala.com:

Offering an average of 15% savings on bookings, Travala.com is the blockchain-based travel agency transforming the future of the online travel industry. With a portfolio of over 567,928 properties across 210 countries and territories, spanning 82,311 destinations, Travala.com leverages on the token economy to deliver a more streamlined booking process and fairer pricing system for consumers and merchants alike.

For more information, visit: https://www.travala.com/

About Litecoin Foundation:

The Litecoin Foundation is a Singapore-based non-profit organization created to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies. Litecoin was created by Charlie Lee in 2011 as a transaction-friendly cryptocurrency. It is commonly thought of as the “silver” to Bitcoin’s gold and has key technical differences that make it superior to Bitcoin for payments due to its faster transaction speeds and lower fees.

For more information, visit: https://litecoin-foundation.org/