Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments Soar

The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before.

AccessTimeIconAug 3, 2020 at 5:39 p.m. UTC
Updated Sep 14, 2021 at 9:39 a.m. UTC
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  • Agoda's 600,000 hotels are now bookable on, on which users can pay for their vacations in up to 30 different cryptocurrencies, including bitcoin and the native ava token, CEO Juan Otero told CoinDesk.
  •, which has the backing of Binance, forged a similar partnership with Expedia in early July. It's been working to rebound from the revenue woes and booking lows of this spring's COVID-19 lockdowns.
  • Otero said "all the pent-up demand" made July a month for the record books: generated $400,000 in revenue ("up 100% month-over-month") and saw nearly 70% of all customer bookings paid for with crypto ("up +10% since June").
  • "Over 20% of the total bookings for July came via our integration with Expedia," Otero said. "We’re expecting to see another nice boost with Agoda's hotels too."


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