Over 1 million houses, apartments, villas, cottages and alternative accommodations are now available for booking on Travala.com
London, August 5 – Travala.com, the leading cryptocurrency-friendly travel booking platform has announced the release of Homes. The website and mobile apps will now have over 1 million holiday homes in 195 countries bookable with crypto, as well as traditional payment methods such as credit or debit cards.
Emerging as the world’s preferred web 3.0 online travel agency (OTA), Travala.com now offers over 1,000,000 homes options covering over 80,000 destinations across the world bookable with more than 30 different forms of cryptocurrency, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and AVA, Travala.com’s native cryptocurrency.
Responding to the recent surge in demand for domestic travel along with alternative accommodation, the addition of Homes, marks Travala.com’s entry into one of the fastest growing verticals of the travel industry. Homes rentals have yet to be touched by the cryptocurrency space and Travala.com is set to change that.
Juan Otero, CEO at Travala.com, said; ‘Travala.com now offers over 3 million travel products bookable with cryptocurrencies and is truly emerging as the world’s next OTA version 3.0. Also, demand for non-hotel accommodation is growing fast so the launch of Homes couldn’t come at a better time.”
The global vacation rental market size is expected to reach USD $114 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.4% over the forecast period. Even with the yearly growth in the vacation rental market estimated to slow in 2020 compared to previous years, there are signs of a quick recovery taking place. For instance, officials from our partner supplier Booking Holdings mentioned in their first quarter earnings call that there is a trend towards domestic bookings and alternative accommodations.
Backed by industry-giant Binance, Travala.com continues to build more products to offer a one-stop-shop solution for its users while also facilitating more ways for the blockchain and crypto community to spend their crypto in travel.
About Travala.com
Founded in 2017, Travala.com is the leading cryptocurrency-friendly travel booking service with 2,200,000+ hotels and homes in 230 countries and 600 airlines globally. Backed by industry-giant Binance, Travala.com is a champion of cryptocurrency adoption, accepting over 30 leading cryptocurrencies in addition to traditional payment methods. The Travala.com value proposition is bolstered by AVA. As the native cryptocurrency of the platform, AVA can be used for payments, receiving loyalty rewards, discounts and bonuses, among several other use cases. For more information, visit: www.travala.com
