10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Crypto travellers bring triple the lifetime…

  • Travel Weekly Group Ltd
  • 23 May 2025
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Travolution. Click here to read the original article

image

Travellers using cryptocurrency for booking arrangements spend more than twice as much as regular travellers using fiat money, according to a joint report from Binance Pay and crypto travel platform Travala.

Crypto-based bookings on Travala reached US $80 million in 2024, up from $45 million the previous year. Crypto travellers are also outspending their fiat counterparts, with an average booking value of $1,211 per transaction, more than 2.5 times more than fiat users who spend $469.

Additionally, the report revealed that crypto users were three times more valuable over their lifetime due to longer stays and higher repeat bookings, with crypto travellers 57% more likely to make a repeat hotel purchase.

Juan Otero, CEO of Travala, attributed these travel preferences to the flexible nature of Web3 jobs: “Many also work in the digital asset industry or have flexible, remote work lifestyles, which makes them more likely to travel frequently and stay in one place for longer while seeking out destinations that support seamless, global payments.”

The main benefit of using crypto for travel is its borderless, global utility, said Jonathan Lim, the global head of Binance Pay. 

“Travelers can skip currency exchange lines, avoid foreign transaction fees, and pay instantly using assets they already hold,” he added.

Wyndham Hotels & Resorts adds 25 new hotels in Europe
Trending
Wyndham Hotels & Resorts adds 25 new hotels in Europe

A growing number of crypto users also drives the increase in travellers using crypto to pay for trips. 

Triple-A’s report shows that cryptocurrency ownership has a compound annual growth rate of 99%, significantly outpacing the growth of traditional payment methods. Among crypto owners, 65% express interest in using it for payments.

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Categorizing...

European hotel performance: the best of both worlds in September

  • m.welsch
  • 27 October 2025
View Post
  • Categorizing...

European hotel performance: the best of both worlds in September

  • m.welsch
  • 27 October 2025
View Post
  • Categorizing...

St Giles Hotel Group CEO Abigail Tan on Leading Through Culture and Courage

  • Josiah Mackenzie
  • 27 October 2025
View Post
  • Categorizing...

Where are they now? Catching up with the Hot 25 Travel Startups for 2024

  • By Mileva Sapic
  • 27 October 2025
View Post
  • Categorizing...

8 Beautiful Destinations in Antarctica for a Wildlife Holiday

  • Revfine.com
  • 26 October 2025
View Post
  • Categorizing...

Here we are: Best Talent Management Initiative

  • m.welsch
  • 24 October 2025
View Post
  • Categorizing...

Here we are: Best Talent Management Initiative

  • m.welsch
  • 24 October 2025
View Post
  • Categorizing...

Melia to debut branded residences in Miami

  • Eloise Hanson
  • 24 October 2025
Sponsored Posts
  • What does exceptional hospitality look like today? Download SOCIETIES Magazine

    View Post
  • Winning the World Cup of Demand: A Revenue Management Playbook for Major Events – LodgIQ

    View Post
  • The Practical Guide to Hotel Automation

    View Post
Latest Posts
  • Vision Hospitality Group Adds SpringHill Suites by Marriott Goose Creek to its Portfolio
    • 27 October 2025
  • Nearly 40% of Americans are dining out less frequently
    • 27 October 2025
  • IHG to open first Kimpton hotel in Austria
    • 27 October 2025
  • Sotherly Hotels Enters Merger Agreement
    • 27 October 2025
  • Quore Debuts Quore University Training Platform
    • 27 October 2025
Sponsors
  • What does exceptional hospitality look like today? Download SOCIETIES Magazine
  • Winning the World Cup of Demand: A Revenue Management Playbook for Major Events – LodgIQ
  • The Practical Guide to Hotel Automation
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.