In summary:

  • The team at Travala (AVA) has continually been building despite the Coronavirus having an impact on global travel 
  • The team has since updated both Android and iOS versions of the Travala app
  • They have also released the eagerly awaited Maldives web application
  • AVA/USDT experienced a recent spike to $0.165. Can it be retested in the coming days? 

The majority of cryptocurrencies, led by Bitcoin (BTC), have started on a gradual path of recovering losses experienced during the major market dip of mid-March. When we look at Travala (AVA), the token experienced a new low of $0.06 on the 16th of March. It went on to recover some of its losses with a local top of $0.165 on the 2nd of April. The token is now trading at $0.135 and recent developments by the team might allow the token to retest $0.165 or even allow it to move a bit higher.

Updated Android and iOS

To begin with, the Travala team announced via Telegram that they had updated both the project’s Android and iOS applications.

Launch of Maldives Web Application

Additionally, the team announced the launch of the Maldives Web Application that has been in development for the past 2 years. This app will power a new and improved Key improvements through this upgrade include:

  • A more user-friendly design of
  • Availability of over 2 million hotels and accommodations in more than 230 countries and territories that cover 90,000 global destinations
  • Ease of use of the 3 available payment options of Credit/Debit cards, Paypal and cryptocurrencies
  • 24/7 customer support
  • Loyalty rewards and bonuses
  • Referral program
  • Binance chain-based wallets

Partnerships Amidst the Coronavirus Pandemic

A few days back, Crypto Gazette highlighted a bunch of new partnerships that Travala (AVA) had secured amidst the spread of the global Coronavirus pandemic. The 4 new partners include GRNConnect, RateHawk, Restel & Hotusa and Priceline. The fact that Travala has made deals with these major companies is indicative of the continued dedication of the project despite the drawbacks on the travel industry brought about by the global spread of the Coronavirus.

Optimism that the Travel Industry Recover

In a recent blog post, the team at Travala was optimistic that many countries will start flattening the curve in terms of new confirmed cases of COVID19. With China having reopened Wuhan and allowed travel in Hubei province, hope can have a chance in other countries such as the United States, Germany and Italy where their daily cases seem to be experiencing new highs.

The Travala team summarized their outlook regarding the future of the industry as follows:

In the short-to-medium-term as different regions progress through the initial shocks of the pandemic, we expect renewed interest in travel, much in the same way as China experienced. Long term, we have no doubts the travel industry will be back in full swing.

(Feature image courtesy of Leo Foureaux  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Crypto Gazette or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

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