RATE Group | Crypto Travel Booking Site Travala Sees 46% Monthly Increase in Bookings Despite Pandemic
89787
post-template-default,single,single-post,postid-89787,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Crypto Travel Booking Site Travala Sees 46% Monthly Increase in Bookings Despite Pandemic

02 Jun Crypto Travel Booking Site Travala Sees 46% Monthly Increase in Bookings Despite Pandemic

Posted at 06:27h in Cryptocurrency News by

According to a June 1 announcement, Travala.com also saw its monthly revenue increase by 205% in May compared to April. Still, while the platform is seeing more traction compared to April, May also saw a 60% decrease in room nights booked compared to March.

Travala.com sees bookings surge as travel restrictions are lifted

Juan Otero, Travala.com’s CEO,  told Cointelegraph that the platform is seeing more use as the rest of the travel industry. He explained that domestic travel is seeing growth as the restrictions are being lifted. He said:

“We’re fortunate to see our users coming back as soon as they have the opportunity to travel again, even if it is just locally or for short weekends nearby. […] The increase is mainly driven by domestic travel.”

Data shared by Travala.com also shows that 60% of the bookings made through the platform in May were paid for in cryptocurrency. Bitcoin (BTC) was used for 21% of the payments, the firm’s AVA token for 16%, 23% used other crypto…

Source link

Tags:
, , , , , , , , , ,