TRAVELING THE WORLD WITH TRAVALA: MARCH MONTHLY REPORT SHOWS IMPRESSIVE GROWTH AND PROFITS

Travala.com, the leading online travel agency that accepts cryptocurrencies, has released its monthly report for March 2023. The report highlights the company's progress over the past month, including its financial performance, website traffic, and new partnerships.

Financial Performance

Travala.com's revenue for March 2023 increased by 20% compared to the previous month, reaching a total of $5.0 million. This growth is attributed to increased demand for travel bookings, particularly in the United States, India and Germany. The company's gross profit margin remained stable at 25%, indicating that it is managing its costs effectively.

Website Traffic

Travala.com's website traffic increased by 10% in March 2023 compared to the previous month, with a total of 77,000 unique visitors. This growth is attributed to the company's marketing efforts, including social media campaigns and search engine optimization. The website's bounce rate, which measures the percentage of visitors who leave the website after viewing only one page, decreased from 50% in February 2023 to 45% in March 2023, indicating that the website is more engaging for users.

Comparison to February 2023

Travala.com's performance in March 2023 represents an improvement compared to the previous month. The company's revenue increased, and its website traffic and engagement improved.
In March, the total AVA in giveback rewards distributed to travelers increased to 105,238.78, which is a significant rise from the previous month's figure of 68,115.08. This increase represents a 54% surge in the rewards distributed to travelers from the previous month.

In terms of smart members, as of 1st April 2023, Travala had 6,318 members with a total of 8,194,050 AVA locked, which is slightly lower than the previous month's figures of 6,339 members with 8,239,200 AVA locked. Despite the slight decrease in the number of smart members, the locked AVA amount remains high and represents a significant portion (15.69%) of the circulating supply.

Overall, the increase in giveback rewards distribution indicates that more travelers are using the Travala platform, which is a positive sign for the business. While the number of smart members slightly decreased, the high locked AVA amount indicates that there is still strong demand for the platform, and it remains a promising investment for the future.

Overall, Travala.com appears to be running well, with steady growth in its financial performance, website traffic, and partnerships. However, the company will need to continue to innovate and expand its services to maintain its competitive edge in the online travel industry.

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

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