You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)
Bitcoin (BTC) rewards shopping app Lolli has expanded its business by adding major booking service Hotels.com to its partners, the company announced in a blog post on June 25. You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)
With the new partnership, the New York-based firm now has two of the world’s top three travel websites including Booking.com and Hotels.com, Lolli said in the announcement, citing data from traffic analytics service SimilarWeb.
Founded in March 2018, Lolli allows users to earn Satoshis (sats), the smallest unit of bitcoin currency worth of 0.00000001 BTC, while shopping online. The firm claims to be the first bitcoin rewards application with over 500 brands as partners, including flagship brand of American global hotel service Hilton, as well as Marriott, VRBO, and Priceline, among others.
Following the partnership with Hotels.com, Lolli now enables global travellers to earn up to 3.5% bitcoin back from purchases on the website, the company said in the announcement.
Hotels.com is a major online accommodation service listing more than 325,000 properties in about 19,000 locations over the globe.
Prior to the announcement of the partnership, Lolli initiated a giveaway quiz on Twitter, promising to give one million satoshis, 0.01 BTC (around $100) to the person who first guesses the new partner.
Back in November 2018, Lolli raised $2.25 million in an oversubscribed seed round from investors including Digital Currency Group.
Bitcoin is no stranger to the travel industry, however. Cheapair was one of the first to accept BTC in 2014. More recently in April, United Kingdom’s largest travel management company Corporate Traveller announced it will be accepting bitcoin for payments.
Crypto.com: Buy, Sell and Pay With Crypto
Crypto Booking Firm Travala Partners with Travel Giant Booking.com
Travala, a service that allows its users to pay for hotel stays with cryptocurrency, will now let its customers reserve any hotel that is bookable through Booking.com.
Travala announced in a press release on Nov. 25 that it has already integrated Booking’s accommodations to its platform. The new feature will purportedly allow users to book 90,000 different destinations using cryptocurrencies.
Pay For Your Stay With Crypto
Travala’s customers can pay with its proprietary AVA token and 20 major crypto assets including Bitcoin (BTC), Ether (ETH), Dash (DASH), Bitcoin Cash (BCH), Litecoin (LTC), EOS, Stellar (XLM), Cardano (ADA), Binance Chain (BNB), Monero (XMR), Tron (TRX), XRP and Dai (DAI). The firm’s CEO Matt Luczynski commented:
“This partnership allows our users to access Booking.com’s accommodation listings, as well as the listings from several other leading travel suppliers, which is a fantastic use case for our own AVA token and another huge step towards mass cryptocurrency adoption.”
Also on Nov. 25, Travala announced that its proprietary token was listed on the decentralized exchange Binance DEX and is currently trading against Binance Coin on the platform.
Crytpo expands into tourism
Different travel and tourism companies worldwide have begun adding support for cryptocurrencies as payment options. Earlier this month, Alternative Airlines, a travel company based in the United Kingdom, partnered with cryptocurrency service Utrust to facilitate payments with crypto.
Earlier this summer, the co-founders of Scandinavian air carrier Norwegian Air announced plans to launch their own cryptocurrency exchange, which will subsequently facilitate the airline’s acceptance of cryptocurrency payments.
Crypto Booking Service Sees 33% Boost After Partnership With Booking.com
Cryptocurrency-accepting booking service Travala has seen its revenue for the month of December go up by over 33.5% month-on-month following a partnership with Booking.com.
According to a post published on the firm’s official blog on Jan. 1, Travala has also seen the total monthly number of accommodation nights booked through the service reach 1,528 in December, which is a 15.2% increase since November. Furthermore, the average room price increased by over 15%, from $115 to $133 over the same period.
Over 9% of December’s bookings were paid in Travala’s proprietary token, AVA. Furthermore, 28% of them were paid in Bitcoin (BTC), 8% in Bitcoin Cash (BCH), 37% with credit card and PayPal while the rest with other crypto assets. Overall, over 60% of the total bookings were paid for in crypto.
In November, Travala partnered with travel accommodation booking giant Booking.com. Since the cooperation started, the service started allowing its users to book any stay available on Booking.com while paying with cryptocurrency.
Crypto And Tourism
The tourism and travel industry is increasingly accepting cryptocurrency to facilitate transactions in an increasingly interconnected and global world. In November, Alternative Airlines, a travel company based in the United Kingdom, started a collaboration with cryptocurrency service Utrust to facilitate payments with crypto.
Furthermore, last summer the Scandinavian air carrier Norwegian Air announced that the firm plans to launch its own cryptocurrency exchange to facilitate the airline’s acceptance of cryptocurrency payments.
You Can Now Get, You Can Now Get