The luxury hotel from the United States, the Kessler Collection now accepts hotel room payments in bitcoin, dogecoin, and ether. According to the company, this policy will make it easier for consumers globally.
The luxury hotel group, which owns hotels in Alabama, Colorado, Georgia, Florida, North Carolina, and South Carolina, announced the policy last Tuesday and was encouraged by institutions such as Tesla and the Dallas Mavericks to also pledge to adopt digital money as payment.
Customers at the Kessler Collection hotel will be able to pay in bitcoin, bitcoin cash, ether, dogecoin, as well as Binance USD, Gemini Dollar, and PAX.
However, many investors argue that if bitcoin is used for hotel payments it will be difficult for transactions to invest. It was denied by the Head of Operations and Business Strategy at Kraken, Thomas Perfumo, who said an investor could easily buy and transfer additional crypto without reducing their holdings, all within minutes or hours.
The current price of bitcoin digital currency continues to strengthen. The increase in crypto prices is even closer to bitcoin’s record that occurred in February.