Travala.com has entered into a partnership with Expedia’s subsidiary Expedia Partner Solutions (EPS) that would allow users to book over 700,000 accommodations available on Expedia using cryptocurrency. Customers can do the booking on Travala.com’s travel booking platform which is cryptocurrency friendly.
Trips and accommodations can be booked with cryptocurrencies which are supported by Travala.com. These include Bitcoin, Ethereum, Binance coin and AVA. AVA also is the website’s native crypto token.
Travala.com clarified that it has access to over two million hotels panned across 230 countries. With the latest partnership with EPS, the site Travala.com could also include Expedia’s booking list in its platform through EPS’s Rapid API. Juan Otera, founder of EPS Rapid says that the platform enables users to unlock, browse and book plenty more accommodations.
“With cryptocurrency adoption on the rise, we want to ensure our users have payment choice and transparent pricing for every trip booked”, Otera elaborated in his statement.
Covid-19 pandemic has hard hit the tourism sector globally and still continues to do so. Despite the threat of continuing coronavirus pandemic crisis, Otera displays confidence in future of tourism sector. Citing his company’s data and predictions he said that there is an increase in room nights booked by 81%. Also Travala.com has witnessed 51% increase in its website traffic in the last week. Otera said he was hopeful that partnership of Expedia and Travala.com would be beneficial in recovery phase while driving the travelers loyalty.
Reports from CNBC and New York Times too suggest an increased interest in traveling despite the pandemic. Expedia has been one of the hardest hit travel platform during pandemic and this partnership is bund to bring back some revenues aiding in recovery.
Travala.com has also merged with another cryptocurrency booking platform, TravelByBit. This is backed by Crypto exchange Binance.
Binance CEO Changpeng Zhao said that Travala.com and TravelByBit had the ability to drive up cryptocurrency’s utility.