News
According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia.
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Travel News
Traveling is a good way to relax, learn and discover something new, even though the process can bring some inconveniences as almost every country has its own currency. The latest travel industry’s news is all about the consideration of using Bitcoin in travel, as it is easy and relatively safe to use, it can be converted into any existing fiat currency and even large amounts of digital money will not be taxed while crossing the border, as it is always kept in one virtual wallet without the need to withdrawal. Anyway, there are many Bitcoin ATMs in various regions, so there is no need to exchange money twice. Nevertheless, traveling with Bitcoin is currently not quite possible, as not all shops and organizations accept it and, in some countries, cryptocurrency is not regulated or allowed to be used.
- Unitize
Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic.
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Expedia now allows its over 700,000 accommodations to be booked with cryptocurrency through crypto travel platform Travala.com.
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Blockchain initiatives are being applied by large companies to reduce intermediaries and costs in the travel industry.
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The CEO of FinTech company CoolBitX says only 10% of countries in the FATF are prepared for the June 24 meeting to discuss the travel rule.
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Cryptocurrency travel website Travala.com saw a 45.8% increase in the total number of room nights booked in May compared to April.
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Travala.com’s proprietary token joins the list of crypto assets accepted by cryptocurrency payment processor, CoinGate.
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Hotel booking service Travala.com and flight booking website TravelByBit — both of which accept cryptocurrencies as payment — announced the merger of their platforms.
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Vietnamese online ticketing agency Future.Travel now accepts Bitcoin payments via the Lightning Network, with funds being converted into local currency at the time of sale.
3874 - Opinion
The integration of cryptocurrencies into the travel industry will change it dramatically, and it will also be a huge step toward mass crypto adoption all over the world.
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The aircraft maintenance, repair and overhaul industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties.
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Travala, a service that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of XEM tokens.
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Revenue of crypto accommodation booking service Travala increased by over 33.5% month-on-month after partnering with Booking.com.
5322 - New Year Special
The New Year is a time for self-development as well as splashing the cash. Here’s how you can spend like royalty in Europe.
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Thailand, one of the most-visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival.
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