Today, we're excited to finally announce our partnership with Hotels.com! Lolli users will now be able to "stack sats" (aka earn bitcoin) when they book travel with one of the top travel sites in the world.
Whether it's booking business travel, a weekend getaway or planning a once in a lifetime trip, travel is one of the most popular ways Lolli users are stacking sats. Priceline, Booking.com, Hotwire, Hilton, Marriott, and VRBO have all been incredible partners so far, rewarding our users with bitcoin. We are excited to have yet another amazing bitcoin-friendly travel partner join us in our mission of making bitcoin accessible to all.
Thinking Globally
Bitcoin is inherently global. It's arguably the first digital asset that everyone can technically own and trade freely, no matter where they are in the world. It's global decentralized network is one of the many things that makes it so powerful. Our mission and goal from the beginning has been directly in line with the ethos of bitcoin. We want to democratize the world of commerce, making money easily accessible to everyone, all over the world. By taking something that everyone does, like shop and travel, Lolli makes easy for everyone to earn and own bitcoin, risk-free.
As an early stage startup, you have to be extremely focused in order to be successful and not run out of capital. We love the idea of being a global company but have to stay laser focused on making Lolli the best possible experience for our users before spreading ourselves too thin. With rave reviews and 5 stars across every app marketplace, our team has done an amazing job so far in offering a high-quality experience to our users. Now, we are starting to think about expansion.
Our strategy to take bitcoin worldwide to partner with international merchants that will help us scale internationally and truly make bitcoin accessible to everyone as we continue to grow.
Hotels.com has 85 websites in 34 languages, and lists over 325,000 hotels in approximately 19,000 locations worldwide!
We believe we have an amazing partner in Hotels.com as we look to expand internationally in the coming months.
Travel Merchant Adoption
According to SimilarWeb, we now have 2 of the top 3 travel sites in the world with Booking.com and Hotels.com, providing near complete coverage of almost every major hotel across the world.
Airbnb (#2 travel site in the world) has been holding out to partner with Lolli but their top competitor, VRBO.com (#11 travel site), has been one of our top performing merchants, giving people the ability to easily earn bitcoin when they rent homes and apartments. VRBO boasts properties in 190 countries around the world.
Direct hotel brands like Marriott (#6 travel site in the world) and Hilton (#10 travel site) have also performed incredibly well on Lolli.com.
Travel and Earning By the Numbers
In 2018, domestic and international travelers spent nearly $1.1 trillion in the U.S. alone. Domestic travelers spent $933 billion and international travelers spent $156 billion in the U.S.
$327.3 billion was spent on business travel while $761.7b was spent on travel for leisure.
So, how much bitcoin is being left on the table in the US alone?
Imagine for a moment, that just 5% of U.S. travelers used Lolli to earn bitcoin. That's $55 billion in spending across 16.2 million people. At ~3.5% bitcoin back, that's about $1,925,000,000 (~170,354 BTC) in bitcoin earned per year. All with a few taps on your keyboard.
1% of U.S. = $11 billion spent across 3.24 million people = $385,000,000 (~34,007.12 BTC)
10% of U.S. = $110 billion spent across 32.4 million people = $3,850,000,000 (~340,170.91 BTC)
25% of U.S. = $275 billion spent across 81 million people = $9,625,000,000 (~850,427.27 BTC)
source: The U.S. Travel Association
How to Earn When You Book
When booking your next trip, start your by opening www.lolli.com/stores and search for Hotels.com. Activate the deal by clicking "Shop Now". From there you will be able to book a hotel anywhere in the world and earn up to 3.5% bitcoin back!
Need some ideas or inspiration to book your next trip? Want to stack the max amount of sats? I encourage you to reach out to our amazing customer support team who can assist you in booking your next trip and earning the most amount of bitcoin back: support(at)lolli.com
Safe travels and happy stacking!
Alex & The Lolli Team
PS. Don't forget to share when you're #stackingsats with Hotels.com on Twitter and make sure to tag @trylolli!