As of May this year, The Dolder Grand, a five-star hotel based in Switzerland, began accepting bitcoin payments. Swiss 5-star hotel now accepts payments in Bitcoin.
The hotel’s tech partner, Inacta AG, announced the news in March.
Guests could pay for accommodation, food and beverages or spa treatments using bitcoin as soon as the new payment method went live. The hotel itself will not be handling the cryptocurrency. Inapay, Inacta AG’s mobile app converts bitcoin payments into Swiss franc or euro.
André Meier, The Dolder Grand’s director of finance, said in a statement:
“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.”
As part of a pilot project with Inacta AG, the bitcoin payment option was featured earlier. Swiss 5-star hotel now accepts payments in Bitcoin.
Since as early as 2014, hotels across the world have been accepting cryptocurrency payments. Back in February 2014, the service to allow bitcoin users to book hotel stays with the cryptocurrency was started by U.S.-based travel agency CheapAir.
The Sandman Hotel Group, which is based in Canada, started accepting bitcoin as a form of payment for room reservations in July of 2014. In February 2019, Spanish Casual Hoteles started accepting bitcoin payments on a pilot basis.