In the past few months, numerous companies have added cryptocurrency support to their payment systems. On Tuesday, the luxury hotel group The Kessler Collection announced that it is now accepting payments in digital currency for accommodations. Thanks to the support of the Kessler Collection, eight luxury hotels can accept payments in crypto assets such as Bitcoin, Ethereum, Bitcoin cash and more.
The Kessler Collection now accepts payments in digital currency in 8 luxury hotels
As crypto assets continue to appreciate in value, this has led numerous merchants and businesses to accept digital assets for payment. On March 9, 2021, Florida-based luxury hotel group The Kessler Collection announced that it had partnered with Atlanta-based Bitpay to accept payments for crypto assets.
The acceptance means that eight luxury hotels in the US are now accepting Bitcoin (BTC), Bitcoin cash (BCH), Ethereum (ETH), Dogecoin (DOGE), and several more assets, including four stablecoins.
Kessler owned facilities include Mansion on Forsyth Park, JW Marriott Savannah Plant Riverside District, Beaver Creek Lodge, Casa Monica Resort & Spa, Elliot Park Hotel, Grand Bohemian Hotel Asheville, Grand Bohemian Hotel Charlotte and the Grand Bohemian Greenville (coming November) 2021).
Crypto is innovating the hotel industry by making payments easier
Richard Kessler, Chairman and CEO of the Kessler Collection, believes that digital currencies “are currently one of the most innovative concepts in the hotel industry”.
“I believe that cryptocurrency will only find acceptance, and the partnership with Bitpay allows us to offer more choices in the payment process,” noted the Kessler manager. Sonny Singh, the chief commercial officer at Bitpay, stated that crypto payments are making the travel industry easier and smoother.
“Bitcoin payments are cheaper than credit cards and make it easier for international travelers to pay. The Kessler Collection is one of the leading luxury hotel groups and is very innovative and serves its customers by paying for Bitcoin and cryptocurrency, ”added Singh.
The announcement states that every hotel property will send an email invoice to guests so they can easily pay using BTC, BCH, ETH, DOGE, USDC, BUSD, GUSD and PAX. The executives of the Kessler Collection believe that the concept of crypto payments enables hotel guests to save a lot more time.
“This move will make it easier for guests traveling around the world, both in terms of time savings when switching to a local currency exchange and in terms of money saved with a lower exchange rate,” said Fravy Collazo, Chief Financial Officer of Kessler.
What do you think of The Kessler Collection accepting crypto assets for payments through Bitpay? Let us know what you think on this matter in the comments section below.
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Accommodation, BCH, Bitcoin, Bitcoin Cash, BitPay, BTC, BUSD, Crypto, Cryptocurrency, Doge, ETH, Fravy Collazo, GUSD, Hospitality Group, Hotels, Kessler Collection, Pax, leading luxury hotel group, Richard Kessler, Sonny Singh, The Kessler Collection, USDC
Photo credit: Shutterstock, Pixabay, Wiki Commons, The Kessler Collection, Casa Monica Resort & Spa, Beaver Creek Lodge,
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