A Switzerland 5-star hotel, The Dolder Grand, is reported to begin accepting bitcoin payments soon.
“Many of the improvements in our service in recent years were made possible by advances in technology. As we believe Bitcoin is here to stay, it only seems natural to offer more choices in the payment process.” The Dolder Grand’s director of finance, André Meier, said in a statement.
In a tweet, the Dolder Grand said, “We are very proud to have taken a step towards accepting cryptocurrency. The Dolder Grand is the very first luxury hotel in Switzerland where guests can pay with Bitcoin.”
Once the new payment method is finally adopted, guests can pay for accommodation, food and beverages or spa treatments using bitcoin. Inacta it is worthy to note that AG’s mobile app Inapay will then convert bitcoin payments into Swiss franc or euro “as soon as the payment has been completed.”
In accordance with the report by CoinDesk, the move was announced by a hotel partner, Inacta AG, which claimed that the cryptocurrency payment option is going to be available on May 1. “Once the new payment method goes live, guests can pay for accommodation, food and beverages or spa treatments using bitcoin. Inacta AG’s mobile app Inapay will then convert bitcoin payments into Swiss franc or euro “as soon as the payment has been completed,” according to the statement, meaning that the hotel itself won’t handle cryptocurrency. “
As CoinDesk noted, hotels throughout the world have been accepting cryptocurrency payments since 2014. For instance, the U.S.-based travel agency CheapAir started service to allow bitcoin users to book hotel stays with the cryptocurrency back in February 2014 and has in May of last year added bitcoin cash, litecoin, and dash as payment options. And in July of that year, that is, 2014, Canada-based Sandman Hotel Group started accepting bitcoin as a form of payment for room reservations. The Spain-based Casual Hoteles is being reported as the last one to add the payment option on a pilot basis, in February of this year.
In an interview with CryptoGlobe Jeff Klee, the founder and CEO of the company revealed that accepting bitcoin was one of the “best decisions” he’s ever made, as it helped CheapAir grow thanks to the cryptocurrency community.
CNN has agreed that the idea of Dolder Grand coincides with Fortune 500 firm Avnet revealing it is accepting crypto payments after partnering with crypto payments firm BitPay.
