Travala’s 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of the Pandemic’

The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption.

According to a third-quarter 2021 report published by Travala, the company has seen “explosive growth” in the firm’s three core services: hotels, flights, and activities.

Travala noted that hotel bookings and flights grew 50% from Q2 2021 and activities increased by 70%.

In Q3, to pay for hotels, 12% of Travala customers used traditional payments, and 13% used travel credits.

While booking services with Travala 8% of users leveraged the Binance Mini-App, 47.4% used a desktop, and 34.4% used a mobile application.

“Even with the last years being the most challenging on record for the travel industry, Travala.com has grown exponentially as the rise in cryptocurrency adoption has more than offset the negative impact of the pandemic,” the CEO concluded.

Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top.

…Read the full story