London, United Kingdom. 9th May 2019 — Travala.com, the leading blockchain-based hotel booking platform, has announced a strategic partnership with Litecoin Foundation to accelerate the use of cryptocurrency payments.
Kickstarting the partnership is the #TravelWithLitecoin campaign, in which Travala.com and Litecoin Foundation will enable users to save up to 40% on hotel bookings through Travala.com and Litecoin’s LoafWallet. Travala.com will also be the official accommodation partner for the upcoming Litecoin Summit. Illuminating the real-world usability of cryptocurrencies for modern consumers, the collaboration is envisaged to further drive the success of the digital economy.
Commenting on the partnership, Matthew Luczynski, CEO and Founder of Travala.com says: “The consumer is in the driver seat when it comes to achieving mass-market cryptocurrency adoption, and we’re delighted to embark on this journey with the Litecoin Foundation with a unified goal: to bring the mainstream use of cryptocurrencies into everyday life. This is a proud milestone for us as we continue building out our platform to welcome those who share the same vision for the crypto economy.”
Similar to #PayWithLitecoin, the #TravelWithLitecoin campaign encourages the Litecoin community to use LTC as a form of everyday payment wherever their journey may take them. In addition to booking plane tickets, gift cards, vintage collectibles, and private travel, LTC holders can now book their hotel stays with ease through the Travala.com platform and Litecoin’s LoafWallet.
“With the token economy wielding its influence on the travel landscape, #TravelwithLitecoin is an excellent demonstration of how the industry is keeping abreast of the changing times, amid the rise of the 21st century consumer. Our partnership with Litecoin will enable a more inclusive and flexible travel experience for users, as they embrace the versatility of cryptocurrencies as a payment solution,” adds Luczynski.
With a reach of over 210 countries and territories, Travala.com’s portfolio of over 82,000 destinations serves as a gateway to a more inclusive travel booking experience. Offering a consumer-based application of blockchain technology, Travala.com is able to provide a better-optimised booking platform and an equitable pricing model that benefits both consumers and hotel partners alike. In addition to accepting Litecoin, it offers other leading cryptocurrency payment methods on its platform, including PayPal, Visa and MasterCard.
“We are excited to work with Travala.com to make it easier for Litecoin users to #TravelWithLitecoin,” says Charlie Lee, Creator of Litecoin and Managing Director of the Litecoin Foundation. “Nothing aids mass adoption more than real-world use cases, and the opportunity to use a global currency like Litecoin to travel around the world is a powerful one.”
As part of the collaboration, Travala.com will be the official accommodation partner for the upcoming Litecoin Summit. The flagship conference will run from 28th-29th October 2019 in conjunction with Evolv’s Vegas Blockchain Week. With an impressive lineup of some of the world’s leading experts and visionaries within the blockchain and crypto space such as Charlie Lee, Anthony Pompliano, and Tim Draper, the two-day summit seeks to provide a platform for users, developers, and businesses interested in Litecoin and the overall industry. The event welcomed a number of industry leaders, influencers, and visitors in 2018 during its inaugural launch in San Francisco, California.
Users can now plan and book their accommodation for this year’s Litecoin Summit on Travala.com.