
Juan Otero is the CEO quoted in a December 2024 post by Travala, the crypto-native travel booking service whose loyalty program runs on the AVA token, and Travala's monthly reports add up to third-quarter 2026 gross revenue 24.53% below the same quarter of 2025. The quarter came to $22.49 million, and each month trailed the same month of 2025.
Travala's reports for the third quarter of 2025 each put a year-on-year growth figure in the headline, and its reports for the same three months of 2026 carry none. Rebuilt from the six monthly totals, the comparison shows a $7.31 million drop from the $29.80 million of the 2025 quarter. The slide also ran inside 2026, with September's total 8.57% below July's.
Juan Otero at a Glance
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Item
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Detail
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Role
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CEO of Travala, per its December 2024 post
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Company
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A crypto-native travel booking service
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UK directorship
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Travala Limited, August 2019 to February 2022
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Milestone
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Over $100 million gross yearly revenue, December 2024
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Q3 2026
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$22.49 million gross revenue, 24.53% below Q3 2025
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On Phemex
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Both AVA pairs delisted in August 2026
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Who Is Juan Otero?
Otero is the executive Travala quoted when it announced its $100 million revenue milestone. The company's December 2024 milestone post names him "Juan Otero, CEO of Travala," and it gives no start date for his time in the job.
Otero's company takes crypto at checkout for hotel stays and flights, the step that retailers planning to accept crypto payments were still weighing in 2022.
If you search for Juan Otero, you'll also meet a footballer of the same name, so adding Travala to the search is the quickest way to the chief executive.
Juan Otero's Career Background
The UK public register dates one earlier role. Companies House lists Juan Otero Vila as a director of Travala Limited(company 11023186) from August 2019 to February 2022. The register shows that UK company as dissolved, while Travala's monthly booking reports ran on through September 2026.
Beyond that directorship and the CEO title, Travala's six monthly reports and its December 2024 post carry no biography of Otero. The reports name no executive at all, so across those seven documents his record is a title and a quote.
What Does Travala Do?
Otero's company sells trips and lets customers pay for them in crypto. Its reports call it "the leading crypto-native travel booking service" and count more than 2.2 million properties in 230 countries plus more than 600 airlines. They also say it accepts over 100 cryptocurrencies alongside traditional payment methods.
Gross revenue is Travala's own label, and the reports say what it counts. The 2025 reports count accommodation and flight bookings along with activities and concierge services, and the 2026 reports add car rentals. So the figure measures gross bookings, the value of the trips customers bought, and the reports print no net revenue or profit line beside it.
Paying for a hotel room in crypto is the everyday spending that crypto payment cards built on stablecoins chase from the card side, and Travala works it from the merchant side.
Is Travala Legit?
Travala is a working booking business by the numbers Otero's company publishes, which log $22.49 million of gross revenue for the third quarter of 2026. Those numbers come from the company alone, because the six monthly reports carry no auditor's name, and they show bookings shrinking from a year earlier. For a traveler, legit also means the hotel honors the booking, and a gross-revenue report can't measure that.
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Month
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2025
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2026
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July
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$9,669,869
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$7,889,402
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August
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$10,498,575
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$7,385,660
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September
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$9,630,533
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$7,213,612
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Third quarter
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$29,798,977
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$22,488,674
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July fell 18.41%, August 29.65% and September 25.10%, each measured on the same month of 2025.
The longer 2026 list of booking types makes the fall harder to explain away. The three 2026 reports add car rentals, so the drop didn't come from counting fewer kinds of booking. August did the most damage. Its total ran $3.11 million below August 2025, the strongest of the three 2025 months. A year earlier the quarter held level, with September 2025 only 0.41% below July 2025.
Method: each month's figure is the "total gross revenue" line of its own report, for July 2025, August 2025 and September 2025. The 2026 figures come from the July 2026, August 2026 and September 2026 reports, and each change divides by the earlier figure.
The September 2026 report's text labels its $7.21 million total as August's, so each month in the table comes from the report that carries that month's name.
What Has Travala Reported About Its Revenue?
In December 2024 Travala announced it had passed "$100 million in gross yearly revenue," and Otero called it "a huge milestone" before adding that "for us, it's just the beginning."
A $100 million year averages $25 million a quarter. The third quarter of 2025 beat that pace by 19.20%, and the third quarter of 2026 fell 10.05% short of it, both measured on the $25 million average. So the 2026 quarter ran below the yearly pace that Otero called the beginning.
The December 2024 post also said customers pay millions of dollars a year for bookings in BTC and AVA, two of the digital payments and currencies Travala takes, without giving their share of the total.
None of the six monthly reports quotes Otero or any other executive, so his December 2024 comment is the only executive voice beside these figures.
How Is the AVA Token Connected to Travala?
AVA powers the AVA Smart Program, the loyalty tier that Travala's December 2024 post says it offers with the AVA Foundation, and the monthly reports say Smart members can get up to 10% back in Bitcoin or AVA on bookings. The post that quoted Otero also set out a plan to hold part of Travala's treasury in Bitcoin and AVA.
If you hold AVA, that post says the rewards you receive and redeem in BTC or AVA depend on your membership tier.
Both Phemex AVA pairs are delisted, the AVAUSDT perpetual since early August 2026 and the AVA/USDT spot pair since mid-August 2026. Futures use leverage, and a leveraged position is closed automatically if losses reach its margin.
Ava AI (AVAAI) is a different coin built around Holoworld's Ava, one of the AI agents in crypto, and Phemex has delisted its pairs as well.
Frequently Asked Questions
What is Travala?
Travala is a crypto-native travel booking service, in the words of its own monthly reports, and it accepts more than 100 cryptocurrencies alongside traditional payment methods. Its December 2024 revenue post quotes Juan Otero as CEO, and its Smart loyalty tier pays rewards in Bitcoin or AVA.
How does Travala work?
Customers book hotel stays and flights on Travala and pay in crypto or by traditional methods. Travala publishes its gross revenue each month, and the three months of the third quarter of 2026 add up to $22.49 million.
Who owns Travala?
Travala's monthly reports and its December 2024 milestone post name no owner or shareholder. The December 2024 post quotes Juan Otero as Travala's CEO, and Companies House listed him as a director of the UK company Travala Limited from August 2019 to February 2022.
Can you trade AVA on Phemex?
Phemex closed both of its AVA pairs in August 2026, the perpetual in early August and the spot pair in mid-August. Neither the AVAUSDT perpetual nor the AVA/USDT spot pair has been listed again.
Disclaimer: This article is for informational purposes only and is not financial advice. Cryptocurrency trading involves substantial risk. Always do your own research before making investment decisions.
