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Project

600 thousand hotels begin to accept bitcoins worldwide

Customers: Agoda Company

Tourism, hotel and restaurant business

Contractors: Travala
Product: Projects based on blockchain technology

Project date: 2020/08

Within partnership with the platform for the organization of travel Agoda which is a part of Bookings Holdings, the service for armoring of housing of Travala.com supporting crypto - payments began to cooperate with 600 thousand hotels. It became known on August 4, 2020.

In a conversation with Cointelegraph the CEO of Travala.com Juan Otero noted that the total quantity of objects on the platform already exceeded 2.2 million.

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We can tell with confidence that we are the world's largest online agency on the basis of a blockchain by quantity of available options of placement about more than 2.2 million objects of armoring covering 90,124 destination points, - Otero added.
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600 thousand hotels begin to accept crypto worldwide - payments

Activity of Travala.com started in 2017. As of August, 2020 the platform supports 9 fiat currencies and 30 cryptocurrencies, including bitcoin, Bitcoin Cash, Monero, Ethereum, Ripple, Binance Coin and also own Travala (AVA) cryptocurrency.

The blockchain platform is supported crypto - the Binance exchange and cooperates with other tourist services. At the beginning of July, 2020 July the company began to work with the Expedia platform that opened for users of Travala.com access to thousands of additional subjects to placement. Also the company concluded partnership with crypto - TravelByBit service which specializes in armoring of air tickets.

In July, 2020 income of the company was $437.323, it is 137% more than the indicators recorded in June of the same year. In July the number of active monthly users of service exceeded 100 thousand people. The native cryptocurrency of the platform, AVA, is the second most popular means of payment on Travala.com after cryptocurrency bitcoin. In July of 16% of all number of armorings on the platform AVA were paid.[1]

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