Over 60 percent of Bookings on Travala Paid Using Crypto
In 2019, there was a steady growth in the number of rooms booked through Travala.com. The latest report of Travala shows that another milestone was crossed in the previous month. From November to December, the number of booking increased by over 15 percent.
Likewise, within the same time, the average price per room night increased by approximately 16 percent when the bookings peaked.
Interestingly, over 60 percent of the bookings last month were paid with cryptos. Customers used Bitcoin the most (28 percent), and then the native AVA token of the platform (more than 9 percent). Others include Bitcoin cash (8 percent), Ethereum (4 percent), Binance coin (3 percent), Dash (3 percent), Monero (2 percent), and other cryptocurrencies (6 percent). Thirty-seven (37) percent of the transactions were carried out using credit cards and PayPal.
Various cryptos are accepted by the payment gateway of Travala. They include XRP, LTC, TRX, NAN, XRB, ADA, DAI, and TUSD. This allows cryptocurrency supporters to pay for its services using any of the coin. The token of the platform (AVA) is established on the NEO network and it is for fueling its Smart discount and loyalty program which offers a maximum of 10 percent savings on bookings for customers using Travala.com wallet.
The website of Travala is offering users the opportunity to book rooms in more than two million hotels and accommodations globally. Two months ago, it was reported that the travel agency announced a partnership with Booking.com, with the addition of ninety thousand destinations in more than 230 countries.
The partnership popularized Travala, placing it among the online travel agencies with the largest worldwide reach by number of bookable hotels.
This year, the travel agency is planning to enable the growth of its user base and improve user experience. Travala wants to enhance the AVA token utility and expand its partner network within the first quarter of 2020.
Travel.com is likewise planning the addition of new payment methods that include crypto and local payment options.
Featured image courtesy of Travala Blog. Source: Cryptopress.