It’s been quite a while now since travel website CheapAir.com has started accepting bitcoin. About eight months, in fact.
And now, it has been announced that the website has surpassed over $1.5 million in bitcoin revenue. Impressive! The travel site initially started their bitcoin-acceptance program with just flights, and later in February of this year announced they would also be accepting the digital currency for hotel bookings.
The $1.5 million in revenue encompasses both airline tickets and hotel reservations purchased by thousands of customers, and will certainly go to show you that the demand for bitcoin-accepting travel sites is, well, high.
San Francisco-based Coinbase is processing the transactions on the company’s behalf, and CheapAir.com isn’t the only travel firm with whom Coinbase works. Another major travel website, Expedia.com, recently began accepting bitcoin for hotel bookings, adding later that sales paid for with the digital currency have exceeded their expectations.
To celebrate the milestone, CheapAir.com is holding a sweepstakes of sorts, offering one lucky individual a trip to London that includes paid-for hotel and airfare. The prize also comes with a free pass to the Inside Bitcoin Conference taking place from 15-16 September 2014.
Individuals looking to get in on the fun can tweet #CheapAirBitcoin and explain why they deserve the free ride in the United Kingdom in under 122 characters.
CheapAir.com will be deciding whose sob story is best on July 23rd. Hang on while I submit my entry!