Guests of the Pavilions Hotels & Resorts can now pay for their accommodation with over 40 cryptocurrencies, including BTC and ETH. The service will be available from today – July 7th.|ba369bb690c1a7fa9c4c580b7e1084cf|
According to a recent press release, The Pavilions Hotels & Resorts partnered up with the cryptocurrency trading platform Coindirect to provide its clients the option of digital asset payments.
The hotel group guests can choose among more than 40 different virtual currencies to book their accommodation, with the two largest by market capitalization – bitcoin and ether being two of them.
The CEO and co-founder of Coindirect, Jesse Hemson-Struthers – pointed out the benefits of the mutual partnership:
“We pride ourselves on providing partners a platform for instant secure payments with over 40 cryptocurrencies. Guests can take advantage of paying in the cryptocurrency of their choice, based on the currency and location they are situated in at the time of booking, offering more freedom and a contemporary, personalized service.”
In his turn, the founder and owner of The Pavilions Hotels & Resorts – Gordon Oldham – opined that payment flexibility is something that the guests would appreciate. Furthermore, he revealed that the hotel group “is proud to lead the industry in the digital world with this exciting new crypto payment method.”
In addition, The Pavilions Residences – located in Phuket and Niseko – will also accept digital assets for property sales. The implementations are set to be enabled from today – July 7th and are already marked as an option on the official website of the hotel group.
The Pavilions Hotels & Resorts recently announced its new hotels in Phuket, Thailand, and Palawan Islands, the Philippines. Thus its portfolio expanded to 14 locations globally, including exotic destinations such as Bali, Himalayas, Mongolia, Niseko alongside major European cities.|356e676513e0ef891865aca81a982c17|
The hotel company based in New Jersey – Wyndham Hotels and Resorts – entered a partnership deal with the international crypto start-up Bakkt to experiment with a Bitcoin reward program.
Guests of the hotel group will be able to claim these types of rewards using the Bakkt application. Moreover, clients could convert Bitcoin into cash or discounted gift cards. It is estimated that with this move, Bakkt could grant exposure to the largest digital asset by market capitalization to millions.
Sheela Zemlin – chief revenue officer at Bakkt – commented:
“Even with the volatility we’re seeing in the market, there’s broader adoption from customers and businesses, and there’s an uptake in acquiring digital assets.”
For its part, the Bitcoin futures platform – Bakkt – launched its long-anticipated application at the beginning of April.
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