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Agoda partners Travala.com to bolster Bitcoin and Cryptocurrency adoption

Agoda partners Travala.com to bolster Bitcoin and Cryptocurrency adoption

Written by
Updated on Jun 15, 2024
Reading time 3 minutes
  • Travala.com allows you to pay for holidays in 30 cryptocurrencies worldwide including its native token AVA.
  • Travala.com is going to be the largest travel agency with 2.2 million properties in 230 countries.
  • The partnership will generate massive crypto adoption with users paying for vacations in cryptocurrency.

In the time when bitcoin BTC/USD and other digital assets are on the rise, everyone is investing in bitcoin and partnering crypto-friendly ventures.

The crypto-cordial accommodation firm Travala.com has partnered digitally leading travel entity and subsidiary of Booking Holdings, Agoda.

The Travala.com and Agoda partnership

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Travala.com already has the backing of the biggest cryptocurrency exchange Binance. Agoda approximately owns 600,000 hotels globally, so, this partnership will benefit both the entities. 

Moreover, users around the world will be able to pay in 30 different digital assets for their vacation. Including the native token of Travala.com AVA/USD. Notably, users can also pay in Bitcoin BTC, Ethereum ETH/USD, Binance Coin BNB/USD, ElrondNetwork ERD/USD, and other 27 digital assets.

Beniamin Mincu, the CEO of Elrond Network shared his excitement by posting this tweet:

Indeed, it is very good news for the crypto-community as Agoda is adapting a captivating approach towards the crypto-adoption. In the wake of this partnership, Agoda will bring 90,124 destinations in 230 countries to the Binance backed travel entity.

The vice president of strategic partnership at Agoda, Damien Pfirsch regarding the partnership stated:

“Agoda is pleased to add Travala.com to its list of partnerships, helping it enhance its accommodation offering, and providing its customers with improved travel experience, no matter where their next destination is. Agoda’s technological expertise and private cloud ensure that partners enjoy best-in-class uptime connection to our supply for a smoother customer booking journey, while our strong and extensive relationships with B2B suppliers and accommodation providers’ worldwide means that partners like Travala.com’s customers can easily access Agoda’s competitive rates and variety of inventory.”

Responding to this statement the CEO of Travala.com, Juan Otero said: 

 “This strategic partnership with Agoda puts Travala.com in a league of its own. We can safely say we are the world’s largest blockchain-based online travel agency by number of accommodation options available with over 2,200,000 options to book covering 90,124 destinations.”

Summary

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Travala.com claims to be the champion of cryptocurrency adoption. It is the first firm to accept over 30 different cryptocurrencies in addition to other traditional payment frameworks. 

Now that Agoda has joined the race towards cryptocurrency adoption, it shows the world is steadily recognising the presence and importance of bitcoin and other cryptocurrencies.