A luxury hotel chain based in the USA, Kessler Collection has announced that they will be accepting payments in cryptocurrencies going forward.
The Doges Have Been Let Out Again
For starters, four stablecoins, Bitcoin and Ethereum will be available as payment methods, as well as, somewhat surprisingly, Dogecoin.
Although Dogecoin was regarded as a joke for most of its existence, Elon Musk has taken the altcoin whose most memorable appearance prior to this was appearing on a Ford car at a rally.
The announcement comes in the wake of the partnership formed with BitPay, which will take care of the payment processing part of the transaction.
Sonny Singh – the Chief Commercial Officer of BitPay – praised the initiative, commending Kessler Collection for their acceptance of innovative technologies and payment methods.
“The Kessler Collection is one of the premier luxury hotel groups and is being very innovative and catering to their customers by allowing them to pay in Bitcoin and cryptocurrency. Bitcoin payments are cheaper than credit cards and help international travellers make payments easier.”
In turn, Richard Kessler – the chairman and CEO of the luxury hotel chain – motivated his company’s decision to accept cryptocurrency, stating that he believes the acceptance of crypto will only go up from now on – and that his business intends to get in on the action early.
“This as one of the most innovative concepts in the hospitality industry right now. I believe cryptocurrency is only going to gain acceptance and partnering with BitPay allows us to offer more choices in the payment process.”
Cryptocurrencies in tourism aren’t necessarily something new – in fact, certain airlines and travel agencies have been in the business of Bitcoin since as far back as 2013 – however, a luxury hotel allowing payments in cryptocurrency is somewhat of a novelty.
So if you didn’t spend your fortune on 2 pizzas back in the day, you may be interested in putting that money towards a vacation – with room service pizza, naturally.
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