Different sectors in the world are beginning to accept cryptocurrency and the hospitality sector is not out, as Pavilions hotels and resort groups become the first hospitality business to accept crypto payments.
With its first luxury franchise accepting crypto transactions for bookings, the hotel sector is warming up to cryptocurrency.
The Pavilions Hotels & Resorts has embraced crypto, improving the modern luxury experience.
The franchise has collaborated with CoinDirect, a UK-based company, to create a simple, convenient, and secure platform for making cryptocurrency payments from anywhere in the world.
Bitcoin, Ethereum, and over 40 other digital currencies can be used to make reservations.
This includes payments for The Pavilions Residences, which are available for purchase in the company’s resorts in Phuket and Niseko.
“We pride ourselves on providing partners with a platform for instant secure payments with over 40 Cryptocurrencies; this was a critical factor for The Pavilions Hotels & Resorts to ensure the end-to-end payment service is safe, flexible, and easy for guests when booking their next experience at any of The Pavilions Hotels & Resorts’ across the globe. 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.” Coindirect CEO Jesse Hemson-Struthers told Luxury Travel Magazine.
According to the Pavilion, this step will not only strengthen the hotel industry‘s foundation for technical improvements and general digital growth but will also alter the definition of luxury.
Crypto will now enable the ultimate choice in personalizing the experience of top-notch hospitality. Even if the payment gateway is decentralized, guests can pay using their preferred method.
The firm’s owner stated,
“Personalised experiences are at the core of our DNA; allowing this flexibility in payments combined with security and peace of mind for our guests is the next step in personalized and bespoke services. We are proud to lead the industry and enhance ourselves in the digital world with this exciting new crypto payment method available at all of our unique and distinct Hotels and Resorts across the globe.”