Crypto Booking Service Partnering With Booking.com

In December Travala, a crypto booking service, has seen its revenue increased by over 33.5% month-on-month after the partnership with Booking.com.

On January 1 the company posted in its official blog, that the total number of accommodation nights booked in December reached 1,528, which is 15.2% more than in November. The average room night price went up from $115 to $133, which is translated to 15% increase over month.

Travala’s metrics indicate that generally over 60% of all December bookings were paid in cryptocurrency, with over 9% in the native AVA token and 28% in Bitcoin (BTC) and 8% in Bitcoin Cash (BCH). 37% of payments were made with credit card and PayPal.

In November Travala established partnership with Booking.com, a major accomodation booking provider. Since then, it allows customers to book any room available on Booking.com while paying in cryptocurrency.

Cryptocurrency and tourism

The world becomes more and more interconnected, and tourism and travel industry actively embraces cryptocurrency in order to facilitate transactions and keep pace with the globalization. In November, the U.K-based travel company Alternative Airlines entered a partnership with crypto payment service Utrust to make payments faster and easier.

Moreover, last summer Norwegian low-cost airline Norwegian Air revealed its plans to establish its own cryptocurrency exchange to facilitate Bitcoin payments.