Accepting Cryptocurrency Payments in the Hotel Industry
The hospitality sector is increasingly adopting cryptocurrency payments, providing travelers with more flexible payment options. Not every hotel in major cities like New York or London currently accepts Bitcoin payments, which makes it essential to plan your accommodations in advance.
This blog explores how to pay for hotel stays using Bitcoin and other cryptocurrencies, along with tips for booking your next business trip, staycation, or vacation. We begin by examining the growing integration of cryptocurrency in the hospitality industry.
Cryptocurrency & Hotel Industry
While hotels have lagged behind in adopting cryptocurrency payments, they are gradually evolving. Platforms like Expedia are now using Travala, a travel booking service supporting over 30 cryptocurrency tokens. This collaboration allows users to make hotel reservations at thousands of locations using popular cryptocurrencies such as Bitcoin, Ether, and Bitcoin Cash.
Importantly, Travala isn’t just a payment gateway; it has partnered with numerous hotel booking platforms to establish a seamless process for crypto-friendly reservations. Reports indicate that approximately 59% of bookings through Travala have involved cryptocurrencies, with Bitcoin accounting for around 21% of these transactions.
Travala’s user-friendly interface simplifies the booking process, enabling even those with limited technical knowledge to make reservations quickly. This efficiency is enhanced as Travala manages payment systems and confirmation notifications promptly.
The collaboration between Expedia and Travala highlights the growing acceptance of cryptocurrency payments in hotel bookings. The critical factor now lies in the willingness of more hotels to embrace this innovative payment method.
Luxury Hotels Where You Can Pay with Bitcoin
For those using Bitcoin for accommodations, luxury hotels are increasingly available. Here are notable options:
- Dolder Grand Hotel in Zurich, Switzerland, allows guests to pay for stays, spa treatments, and other services with Bitcoin. This luxurious hotel partners with the Inapay mobile application to streamline the payment process, with nightly rates starting at approximately $796.
- Sandman Hotel Group in Canada is another notable chain that accepts Bitcoin. With over 44 hotels globally, the group processes cryptocurrency payments through a partnership with GOPayments, ensuring quick invoicing and streamlined transactions.
Both the Dolder Grand and Sandman Hotel Group have been accepting Bitcoin payments for several years, paving the way for other hotels to follow suit. Platforms like Travala and Booking.com often provide the best avenues to utilize Bitcoin for hotel bookings.
How to Book Hotels with Cryptocurrency using Travala
Booking hotels easily with cryptocurrency is a straightforward process via Travala.com, which empowers travelers to view prices in Bitcoin or Ether. With access to over 2,200,000 hotels worldwide, this platform also allows users to book homes, flights, and activities—and pay for everything using crypto.
Occasionally, Travala may redirect users to partner sites where cryptocurrency payments can also be made. For instance, if you wish to book a flight using Bitcoin, TravelbyBit, a Binance-backed company, provides that option as well.
The appeal of Travala.com lies in its extensive hotel collection and excellent customer support, offering competitive pricing and various payment options, including cashback rewards. This platform continuously transforms how travelers integrate cryptocurrency into their journeys, whether to Mumbai, Denmark, or beyond.
Finding Hotels that Accept Bitcoin
Just as you can find Bitcoin ATMs and restaurants, locating hotels that accept Bitcoin is increasingly convenient. Cities around the globe feature advanced hotels equipped with payment stations where you can secure your room with Bitcoin, albeit with a short processing delay due to blockchain technology.
Websites like Bitcoin.travel can direct you to hotels that accept cryptocurrencies, allowing you to compare options for the best rates. As pricing may fluctuate, it’s wise to consult multiple sources to ensure a favorable deal.
By leveraging Bitcoin for hotel stays, you can enjoy a blend of privacy and innovative financial technology. While some identity verification may be necessary for reservations, the overarching benefit of escaping reliance on traditional currencies empowers travelers in their pursuit of exceptional experiences worldwide.