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Through a blog on its official webpage that was published on July 6, 2020, Binance-backed Travala.com announced a new strategic partnership with Expedia Partner Solutions (EPS). Travala.com is dubbed as a leading cryptocurrency-friendly accommodation booking platform that has over 2 million hotels in 230 countries spread in all continents.
As a result of the partnership, more than 700, 000 Expedia Group hotels and accommodations are now available through the Travala.com site, whereby it is powered by EPS’s versatile API. Travelers can now book their trips using over 30 different digital assets including Bitcoin, Ethereum, Binance Coin and also the native Travala.com’s cryptocurrency AVA.
What This Partnership between Travala.com and Expedia Will Bring
It is groundbreaking for the hotel industry and also the travel industry as the pre-existing challenges in dealing with fiat and an obsolete banking system will no longer be an issue. However, the travel industry is still miles away from recovering from the COVID-19 pandemic and might require a lot of capital injection to revive it.
With this kind of innovation happening at this unprecedented time in the travel and hotel industry, it will be a huge plus post-COVID as the world seems to be moving towards digital money and transactions.
Senior Vice President at Expedia Group, Alfonso Peredes, stated:
“At EPS we are passionate about innovation and recognize that booking and payment choice continues to evolve in a fast-changing world. Our aim is to support Travala.com to scale their business faster than ever before. Through our expensive travel supply, partner support and cutting edge technology, we specialize in helping partners like Travala.com build fantastic experiences for their travellers”.
“With cryptocurrency adoption on the rise, we want to ensure our users have payment choice and transparent pricing for every trip booked. EPS Rapid is the best API product in the travel industry and this partnership unlocks greater accommodation choice and availability for users, including 4 – and 5 – star hotels in top destinations,” noted CEO and co-founder of Travala.com Juan Otero.
As the adoption of different digital assets goes mainstream at a time when a possible bull ran remains on the next card, the partnership will further help foster the adoption of cryptocurrencies with better transaction speed and also cheaper transaction fees.
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