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Swiss hotel now accepting crypto payments

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The Chedi Andermatt, a five-star Swiss hotel, is allowing guests to pay for their accommodation with two of the most important crypto assets.

The Swiss luxury hotel has decided to step into the crypto world and offer its clients a new service. If you want to book a room at the Chedi Andermatt, you now have the option to pay in bitcoin and ether. 

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“We have long known that cryptocurrencies also have a future in hotel operations. In the course of the increasing spread and acceptance of cryptocurrency payments, we are proud to be one of the first Swiss luxury hotels to be able to offer our guests cryptocurrencies as a secure means of payment.”

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Prices are set in fiat currency, so the volatility of the crypto market doesn’t affect customers. The hotel will convert virtual assets immediately into francs, and the service will be available for bills of more than 200 Swiss francs (about $218).

The Chedi Andermatt is not the only luxury hotel to accept this kind of payment.

The Pavilions Hotels and Resorts also announced similar news back in July. The firm stated in a press release that it is collaborating with Coindirect, a crypto payment provider to allow customers to book accommodation using bitcoin, ether, and 40 more virtual assets.

“We pride ourselves on providing partners 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.”

Jesse Hemson-Struthers, CEO and Co-founder of Coindirect

The hotel isn’t the only area that will accept crypto payments. The Pavilions Residences, which are on the market for sale at the group’s Phuket and Niseko resorts, will also welcome virtual currencies for property sales.

“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.”

Gordon Oldham, Founder & Owner, The Pavilions Hotels & Resorts
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