Travala.com Monthly Report | May 2021

Travala.com introduced Monthly Report for May 2021: 4894% Year-on-Year Growth with Monthly Revenue in Excess of US $3.4M.

Total revenue for the month of May was $3,404,245 which includes accommodation bookings, flight bookings, activity bookings and integration fees. This represents a 4,894% year-on-year growth compared to May 2020.

• The total number of room nights booked was 5,426, up over 27% compared to April 2021.
• The total number of flights booked was 940, up over 37% compared to April 2021.
• 4,894% year-on-year revenue growth compared to April 2020.
• 17% of all bookings in May were paid in the native AVA token, making it the most preferred crypto payment, followed by Bitcoin and Binance Pay.
• A new record number of Smart members with 5,899 has also been reached as of 1st June 2021.
• A total of 9,314,000 AVA are locked representing 18.74% of the circulating supply.
• Booking numbers across our platforms by percentage were – Desktop 53%, Mobile Apps 31%, Mobile Web 11%, Binance Marketplace 5%
• The number of monthly active users (MAU) in May exceeded 183,000.
• 72% of all bookings in May were paid with cryptocurrencies.

What is Travala.com?

Founded in 2017, Travala.com has grown from a small start-up to the world’s leading blockchain-based travel booking platform trusted by thousands of customers worldwide as their preferred online travel agency.

At Travala.com, they connect travellers with one of the world’s largest selection of incredible places to stay, including everything from hotels, apartments, villas and hostels to 5-star luxury resorts. The Travala.com platform currently offers 2,200,000+ properties covering 90,124 destinations in 230 countries and territories, and with prices up to 40% cheaper than mainstream travel booking platforms.

They have successfully created a frictionless travel booking experience that incorporates next generation blockchain technology and tokenised incentives. By introducing cutting edge user experience and multiple cryptocurrency and traditional payment options alongside benefits tied to our proprietary cryptocurrency AVA, our customers know they are booking with a platform of the future with transparent pricing and backed up by our Best Price Guarantee.

The Travala.com value proposition is bolstered by AVA. As the native cryptocurrency of the platform, AVA can be used for payments, receiving and redeeming loyalty rewards, refunds, and as a store of value, among several other use cases.

📰 INFO:

https://blog.travala.com/travala-com-monthly-report-may-2021/