Travala, a crypto-friendly travel booking platform, has announced growth in bookings as travel demand returns despite the persistent coronavirus crisis and prolonged blockages in many places. His booking revenue in May have increased by 205% and 60% of all bookings have been paid with crypto-currencies.

Travel demand returns despite Covid-19

Travala.com, a website where travelers can book flights with more than 600 airlines and more than 2 million hotels and accommodations worldwide, released its monthly performance report for May on Monday. The global travel industry has been hit hard by the coronavirus pandemic, the economic crisis and the prolonged bottlenecks.

"We have endured some turbulent months due to travel restrictions and border closings resulting in reduced cancellations and reservations," said Travala. However, the company added:

Confidence and the desire to travel returned with a significant increase in demand… Overall, [our] reservation revenues for the month of May amounted to $ 68,162, an increase of 205% compared to April.

Traffic to Travala.com increased significantly during the month, the company said. Direct traffic to the site from the United States increased the most with 541%, followed by Vietnam (118%), the United Kingdom (80%), the Netherlands (56%) and Germany (54%).

In addition, "the total number of nights booked [in May] was 541, an increase of 45.8% compared to April". The main countries booked were the United States, Thailand, Spain, the Netherlands, Australia, Poland and Vietnam.

Over 60% of all reservations were paid for with cryptocurrencies

Travala has listed many business partners in several categories as well as many payment methods on its website. Its travel partners include Booking.com, Priceline and Travelbybit. Its blockchain partners include Binance , Litecoin Foundation, Digibyte , Tron , Huobi, Bitcoin .com, Gemini, Komodo , Waves , Coingate, Gocoin, Kucoin, Crypto.com and Changelly.

The cryptography compatible travel booking website accepts a wide range of cryptocurrencies, such as   BTC  ,   BCH  ,   BNB  , AVA,   USDT  ,   ETH  ,   LTC  ,   XRP  ,   TRX  ,   EOS  ,   ADA  , WAVES ,   XEM  , DAI , QTUM ,   DASH  ,   XMR  ,   XLM  , NANO ,   NEO  and gusd Haida . Overall, the company detailed:

More than 60% of the total reservations in May were paid with cryptocurrencies.

In addition, Travala has provided details of the popular payment methods used on its website. About 21% of all reservations were paid in bitcoin (  BTC  ), followed by its native token AVA (16%), Crypto.com Pay (14%),   BNB   (2%) and other cryptocurrencies (7 %). Meanwhile, credit cards and Paypal accounted for 40%.