Travala Adds Support for VeChain’s Cryptocurrency, VET, As A Payment Option at 2.2M Hotels
VeChain has become the latest cryptocurrency to be added to the travala.com’s cryptocurrency payment portfolio. The addition would open the gates for VeChain token holders to book their travel tickets and over 2.2 million hotels via travala.com using the native VET token.
Travel to 90,000 destinations worldwide with your favorite #cryptocurrency
— Travala.com 🏨 ✈️ 🏡 (@travalacom) August 20, 2020
Travala.com, over the years, has established itself as a noted travel booking platform that allows its customer to book tickets to their favorite destination using cryptocurrency. The platform has already added Bitcoin, Litecoin, Ethereum, and many more cryptocurrencies to its platforms. The services of the platform are available in over 230 countries.
Juan Otero, CEO at Travala.com, shared his views on the importance of this partnership and how it would help them in achieving their goal of broader crypto adoption. He said:
“At Travala.com, we are dedicated to expanding valuable options for our users. Through this partnership, we hope to continue to push the growth of cryptocurrency adoption by enabling our user’s access to VeChain’s reputable ecosystem and fast, user-friendly payment execution.”
Given the vacation rental market size is expected to grow to $114 billion by 2027, travala.com can play a major role in expanding the adoption and use of crypto.
VeChain, on the other hand, is a popular enterprise-friendly public blockchain platform. The blockchain platform association with Travala.com promises to not only expand the use of crypto but also ensure safety and security. VeChain said that its VET token would work as smart money for the users.
Sunny Lu, the co-founder, and CEO at VeChain, commented on their recent association with one of the largest travel booking platforms and said:
“Positioned as the ecosystem enabler, VeChain has been on the path for accumulating real-world applications and client base, and we’re always on the lookout for partnerships amongst a diverse list of industries to widen the adoption of blockchain. We’re pleased to partner with Travala.com to bring users an enhanced travel experience through the utilization of blockchain technology.”