BitPay Partners With Software Provider For New Hotel Booking Tool

GuestLeader, a hotel booking tool, was developed by BitPay and hotel revenue management software provider REVPAR GURU.

AccessTimeIconMay 6, 2014 at 10:01 p.m. UTC
Updated Dec 11, 2022 at 7:46 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now
Billed as "the world’s first and only bitcoin-compatible booking engine,”  GuestLeaderhttp://www.revparguru.com/advanced-booking-engine/ is a new hotel booking tool that has been launched by bitcoin merchant processor BitPay and REVPAR GURU, a hotel revenue management software provider.

GuestLeader is being advertised as a way for hotels to quickly integrate bitcoin payments and take advantage of the benefits enjoyed by bitcoin-accepting merchants.

Customers can use GuestLeader to make a reservation and then pay using bitcoin at checkout, while hotels that want to accept bitcoin as a form of payment can do so without the technical know-how required by other solutions.

REVPAR said in its 6th May announcement:

"Hotels of any size will have the ability to accept payment in bitcoins (and by doing so, attract a new and emerging customer) without having a great deal of technical knowledge."

How GuestLeader works

GuestLeader functions like most traditional hotel booking tools - the customer fills out guest information and selects the room they would like to reserve.

At checkout, the customer can opt to pay using bitcoin instead of a credit card. They scan the QR code that appears on the screen, which authorizes the transaction.

BitPay acts as the payment processor, converting bitcoins into fiat and depositing the funds into the hotel’s bank account. In this way, a hotel that uses GuestLeader is only indirectly accepting bitcoin. GuestLeader also features smartphone and tablet functionality, and can also be deployed across social media platforms such as Facebook.

More hotels sign up for bitcoin

As bitcoin becomes increasingly prominent as a payment system, a rising number of hotels have begun accepting digital currency.

In February, California-based travel booking agency CheapAir announced that it would accept bitcoin payments. The service offers bitcoin reservations for more than 200,000 hotel locations worldwide.

For more on CheapAir's latest decision to expand its bitcoin travel offerings, read our full report here.

Hotel room service image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.