Keen travellers now have the option to manage and book their desired accommodation using Bitcoin (BTC). The holiday booking platform, Travala.com, an already existing crypto-friendly service have teamed up with Expedia. The partnership enables users to organise and pay for their accommodation, including hostels and hotels using Bitcoin.
The partnership has allowed Expedia Partner Solutions (EPS) to implement an API system to permit payments via Bitcoin. This is very exciting news for retail consumers and for those who buy and sell cryptocurrency as this brings with it, a real-life utility. For those aware of industry news, this contrasts with their 2018 launch with Coinbase and Bitcoin services which was an earlier attempt at implementing crypto to their payment methods. This project was soon after removed.
Those registered with these booking platforms now have access to over 30 different cryptocurrencies for which they can complete their purchases with. As more and more real-world uses come into effect for digital assets, more people are exploring and participating in the ecosystems – particularly Bitcoin (BTC) and Ethereum (ETH).
Vice President of Expedia Group, Alfonso Paredes, declared during an interview that the partnership is of great significance to the company and cryptocurrency space. He sees the potential functionality of such a payment system and is keen to introduce more options for their users as the technology and cryptocurrency industry advances.
The company also not that they have seen an 81% increase in online bookings while the overall visitors’ traffic for the platform has increased by 50%.
CEO and co-founder of Travala.com, Juan Otero, states their usage data shows the want for traveling is returning. There is an 81% increase in bookings for rooms while the website’s traffic has gone up by 50%.