A new phase of growth begins to turn Travala.com into a leading online travel agency and continue to push the mass adoption of cryptocurrencies

London, United Kingdom –– Tuesday 24th March, 2020 — Travala.com appoints Juan Otero as new Chief Executive Officer (CEO). Juan is a serial tech entrepreneur and innovation advocate with 15+ years’ experience in building, scaling and leading disruptive companies. He previously held a management position at one of the world’s leading travel booking agencies, Booking.com. Juan also founded and successfully raised multiple venture capital rounds for one of Europe’s fastest-growing digital companies. This company was later sold to The Michelin Group (ML). His extensive background and experience in tech have also led to his involvement as an Advisor in several leading start-ups, start-up accelerators such as Silicon Valley’s Founder Institute and government organizations such as the European Institute of Innovation & Technology (EIT) and the European Commission in Brussels.

Travala.com, the world’s leading cryptocurrency-friendly hotel and accommodation booking service, has spent the last three years building the foundations to bridge the gap between the traditional booking experience and next generation decentralised booking experiences. Juan Otero commented: “I am incredibly excited to take the CEO role and help Travala.com reach its next phase of growth. As a team we plan to turn Travala.com into a leading online travel agency and pave the way for decentralized travel technology and mass adoption of cryptocurrencies.”

Matt Luczynski, former CEO, appointed as new Chief Strategy Officer (CSO). Matt’s focus will shift to planning Travala.com’s future innovations and long-term objectives. Here’s what he had to say about these changes: “Having led and formed the foundations of Travala.com over the past three years, it is now time to pass on the baton of CEO. This will allow me to focus my energy on innovating within the company, which has always been my passion. I am passing the role on while the company is in a strong position, having completed multiple funding rounds from crowdfunds and blockchain funds along with increasing revenues. Going forward you can expect to see the benefits of moves made over the past 12 months of operations as we continue on our journey. I look forward to being a key part of the company in the CSO role, pushing ahead with my long term vision and the company’s ethos of accelerating the mass adoption of cryptocurrencies.”

Travala.com was always envisioned to be more than a simple travel booking platform. It is our intention to decentralise aspects of our business, introduce more compelling use cases to our native cryptocurrency AVA and give control to our community in certain areas. Our focus going forward will be to ensure we progress towards this vision.

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Juan Otero, CEO of Travala.com is available for interview

About Travala.com:

Founded in 2017, Travala.com is the leading cryptocurrency-friendly hotel and accommodation booking service with 2,000,000+ properties in 230 countries. We are a champion of cryptocurrency adoption, accepting over 26 leading cryptocurrencies in addition to traditional payment methods. The Travala.com value proposition is bolstered by AVA. As the native cryptocurrency of the platform, AVA can be used for payments, receiving and redeeming loyalty rewards, discounts and bonuses, among several other use cases For more information, visit: www.travala.com