STEEM Analysis | steem

One crypto travel booking platform named Travala has recently partnered with the online travel agency giant Booking.com in a move which will allow users of the Travala platform to book accommodation listed on Booking and pay for it with crypto assets.

Even though this announcement is great news for the existing and future users of Travala, its impact on the total crypto adoption is yet to be seen. There will be no change to the user experience at Booking.co – and the partnership might not even serve as much of an opportunity to promote cryptocurrency.

However, the latest cryptocurrency news bring the Travala/Booking.com Strategic Partnership Agreement which has been posted on Booking’s blog. The post reveals that the crypto travel booking startup Travala, thanks to the recent inclusion of Booking.com and its extensive accommodation listings, now allows the platform’s users to pay for stays using cryptocurrency at more than two million destinations.

“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… another huge step towards mass cryptocurrency adoption,” the CEO of Travala Matt Luczynski commented.

This partnership allows our users to access https://t.co/1e1LSHKc2i’s accommodation listings, as well as the listings from several other leading travel suppliers…..

Read full announcement:https://t.co/n1kAx4n9mT

— Matt Lucz (@Mattlucz) November 25, 2019

The crypto travel booking startup Travala and its customers can now use one of more than 20 different digital assets when paying for stays. Still, as with many apparent adoption stories, there is more to this than what immediately catches the eye.

Just like many other high profile examples of crypto acceptance, Travala is apparently only using a payment processing service to make Bitcoin (BTC), Litecoin (LTC) and payments in other digital currencies.

Essentially, Booking.com has only agreed to take the crypto travel booking startup’s option to take payment in fiat currency – and the company’s overall stance has not changed in regards to cryptocurrency payments.

So, at the end of the day, a partnership like this will only benefit the people who are already using cryptocurrency. The deal will be less about genuine acceptance of digital currencies and more about selling a few more hotel rooms for those who want to pay using the cutting-edge payment methods.

However, for individuals who receive pay cheques in Bitcoin (BTC) and other crypto assets, the travel crypto booking startup presents a great option to pay for all of Booking.com listings in a range of digital currencies.