Travala's April Report Shows Growth in Revenue and Bookings Compared to March

Travala.com, the leading blockchain-based travel booking platform, has released its monthly report for April 2023. The report showcases the platform's growth and success during the month, highlighting key metrics and achievements.

Financial Performance

Comparing the data for April and March, we can see that the total revenue for April was higher than in March, with a total of $5,150,660 compared to $5,032,276 which is a 2,3% increase month to month. The number of room nights booked and flights booked also increased slightly in April, with 8,255 room nights and 3,776 flights booked compared to 8,183 room nights and 3,686 flights in March.

However, the total amount of AVA in giveback rewards distributed to travelers decreased in April, with 95,861.28 AVA distributed compared to 105,238.78 AVA in March. The number of Smart members and the percentage of bookings made through various platforms remained relatively consistent between the two months.

Website Traffic

One positive trend to note is that the number of monthly active users increased in April to over 82,000, up from over 77,000 in March. Additionally, the majority of bookings in both months were paid for with cryptocurrencies, with USDT, BUSD, and BTC being the top payment options in April, while USDT, Binance Pay, and BTC were the top payment options in March.

Overall, the data suggests that Travala is continuing to generate revenue and attract users, although there may be room for improvement in terms of giveback rewards and attracting new Smart members. However, the increase in monthly active users and consistent use of cryptocurrency payments indicates a strong foundation for the business.

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References
Travala.com Monthly Report: April 2023
Travala.com Monthly Report: March 2023