Luxury Hotel Group Pavilions to Accept Cryptocurrencies
The company will allow guests to book rooms using bitcoin, ethereum and 40 other digital currencies.
Jul 7, 2021 at 1:40 a.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MX5U3WE34NB3NDUJMUIWG6MWTM.jpg)
The Pavilions Hotels & Resorts, a high-end hotels group, will begin accepting cryptocurrency to book accomodations on Wednesday, the company said in a press release.
- “Allowing this flexibility in payments combined with security and peace of mind for our guests is the next step in personalized and bespoke services,” said Pavilions founder and owner Gordon Oldham.
- Pavilions' portfolio of 14 properties in Europe and the Asia Pacific region includes locations in Madrid, Rome, Lisbon, Bali, Thailand, Mongolia and the Himalayas.
- Hotel guests will be able to pay in cryptocurrencies directly through each hotel’s reservations center, and in the future will also be able to pay via website booking engines.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)
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.