Bitcoin News and Finance
The Kessler Collection Jumps Into Crypto, 8 Luxury Hotels Now Accept Digital Currencies Skip to main content

The Kessler Collection Jumps Into Crypto, 8 Luxury Hotels Now Accept Digital Currencies

The Kessler Collection Jumps Into Crypto, 8 Luxury Hotels Now Accept Digital Currencies

During the last few months, a great number of businesses have been adding cryptocurrency support to their payment systems. On Tuesday, the luxury hotel group called The Kessler Collection announced it is now accepting digital currency payments for accommodations. The Kessler Collection’s support means eight luxury hotels will be able to accept payments in crypto assets like bitcoin, ethereum, bitcoin cash, and more.

The Kessler Collection Now Accepts Digital Currency Payments at 8 Luxury Hotels

While crypto-assets continue to accrue value, it has sparked numerous merchants and businesses to start accepting digital assets for payment. On March 9, 2021, the Florida-based luxury hotel group The Kessler Collection announced it has partnered with the Atlanta company Bitpay in order to accept crypto-asset payments.

The Kessler Collection Jumps Into Crypto, 8 Luxury Hotels Now Accept Digital Currencies

The acceptance means that eight luxury hotels in the U.S. now accept bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), dogecoin (DOGE), and several more assets including four stablecoins.

The Kessler-owned establishments 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 Nov. 2021).

Crypto Adds Innovation to the Hospitality Industry by Making Payments Easier

Richard Kessler, chairman and CEO of The Kessler Collection believes that digital currencies are “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,” the Kessler executive noted. Sonny Singh, the chief commercial officer at Bitpay explained that crypto payments add more ease to the travel industry and less friction.

“Bitcoin payments are cheaper than credit cards and help international travelers make payments easier. 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,” Singh added.

The announcement details that each hotel property will send an email invoice to guests so they can easily pay with BTC, BCH, ETH, DOGE, USDC, BUSD, GUSD, and PAX. The Kessler Collection executives think the crypto payment concept makes it so hotel guests can save a lot more time.

“This move will make it easier for guests traveling globally, both in time saved from going to a local currency exchange and in money saved with a lower exchange rate,” Kessler’s chief financial officer, Fravy Collazo insisted.

What do you think about The Kessler Collection accepting crypto assets for payments via Bitpay? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory