A blockchain-based travel booking site has teamed up with a leading online travel agency in a deal that could bring its consumer-focused hotel and airfare reservation marketplace before a global audience. Australia-based Webjet has invested $4.1 million into LockTrip with a view toward integrating the consumer travel site and its LOC blockchain into the Webjet OTA platform — an industry leader in its home country and New Zealand. In addition, Webjet will explore migrating its own enterprise blockchain project, the Rezchain booking verification system, onto LockTrip’s decentralized, proof-of-stake Hydra Chain. That would be a big step towards LockTrip’s ultimate goal …

According to a June 1 announcement, Travala.com also saw its monthly revenue increase by 205% in May compared to April. Still, while the platform is seeing more traction compared to April, May also saw a 60% decrease in room nights booked compared to March. Travala.com sees bookings surge as travel restrictions are lifted Juan Otero, Travala.com’s CEO, told Cointelegraph that the platform is seeing more use as the rest of the travel industry. He explained that domestic travel is seeing growth as the restrictions are being lifted. He said: “We’re fortunate to see our users coming back as soon as …

The head of Facebook's Calibra has claimed that the recent withdrawal of the seven companies from the Libra Association has no impact on the project. Dropouts will still be able to work with Libra In an interview with Yahoo Finance on Oct. 15, Calibra’s David Marcus argued that Facebook’s cryptocurrency project is “absolutely not” in jeopardy after PayPal, Visa, Mastercard, Stripe, eBay, Mercado Pago and Booking quit the Libra Association. Marcus emphasized that companies outside the formal association will still be able to offer services on the platform: “One thing that is not well understood is that you don’t need …

The CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and could become more popular. Glenn Fogel, who was also recently appointed CEO of Booking.com, expressed his support for cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto alongside with major issues in the travel industry, including over-tourism. Potential for a new global currency When asked about the future of payment systems in travel, Fogel emphasized that it needs to be seamless, adding that data security must be prioritized. Predicting that cash …

GuestLeader is going to become the world's first and only Bitcoin compatible booking engine. Once again this is good news for people who like to travel and want to pay using bitcoins for hotel booking. The range of hotels that now accept Bitcoin payment is growing fast. Moreover, a couple of days ago we have posted information that Bitcoin community succeed by taking a chance to convince one of the hotels booking agency GoCityHotels.com to accept bitcoins for their services. For the hotels that don’t participate in digital currency movement yet, the GuestLeader is a servise to turn to. Recently …