Coronavirus isn’t stopping Travala
Coronavirus isn’t stopping Travala
Crypto

Coronavirus isn’t stopping Travala

By Alfredo de Candia - 2 Mar 2020

Chevron down

Travala‘s latest monthly report was published yesterday – covering the month of February – which shows that, despite the vicissitudes of the Coronavirus, the platform has recorded an increase in hotel bookings.

As the report shows, even in February Travala saw a double-digit increase, almost 35%, compared to January, with over 2300 rooms booked, despite the spread of the Coronavirus and its impact in the crypto world.

Among the various destinations preferred by travellers, the US is in the first place, followed by Thailand, England, Spain, Dominican Republic, Germany and Australia. There is a shortage of Asian destinations perhaps precisely because of the virus.

As far as the use of cryptocurrencies is concerned, they once again beat fiat with 57% against 43%; the most used crypto assets were BTC with 23%, AVA with 11% and then ETH in third place, but the report also mentions USDT, BCH, Crypto.com and Dash.

It should also be noted that the Travala platform allows locking AVA tokens to receive discounts on bookings and, the total number of SMART users who have staked these tokens has exceeded a thousand units, locking a total of over 4 million AVA, over 650 thousand dollars: this is 11% of the circulating supply of 35 million AVA.

In short, once again, despite the difficulties of the last period above all due to the closing of borders and meeting places, this has not affected in any way the growth of the tourism sector and the use of crypto as a method of payment.

Even the price of the AVA token, with a value around $0.16 and occupying the 429th position on CoinMarketCap, seems not to have been particularly affected by the impact of the virus, and indeed has seen a recovery of just under +6%.

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.