Sandman Hotel Group Accepts Bitcoin for Hotel Reservations

Sandman Hotel Group Accepts Bitcoin for Hotel Reservations

Sandman Hotel Group is proud to announce they are now accepting bitcoin as a valid form of payment. As the first Canadian hospitality company to accept bitcoin, guests can now make reservations at over 40 hotels across Canada using the online currency.

Bitcoin is the world's most widely used alternative currency with a total market cap of approximately $8.1 billion.

“Vancouver hosted the TED talk summit earlier this year. This event brought a diverse and tech savvy group of travellers and presenters to the city. Our hotels had a number of enquiries regarding payment through alternative payments including bitcoin. As a customer focused company with an eye on technology, we decided to incorporate this emerging technology as a payment option,” said Salim Kassam, Vice President of Marketing for Sandman Hotel Group.

“There is a great deal of concern regarding the fluctuation in values of bitcoin. This can be seen to a certain extent in any traditional currency. Bitcoin has seen larger fluctuations; however, we mitigate this by taking an instantaneous exchange value and converting them to Canadian dollars."

“We feel that bitcoin and cryptocurrencies may be here to stay. We can tell you without question that more and more of our customers are seeking to pay with this currency, and our job as hoteliers is to be accommodating to the changing needs and requests of our guests.”

Sandman has partnered with bitcoin payment processors Coinbase for the initiative. Coinbase is an international digital wallet that allows you to securely buy, use, and accept bitcoin currency.

To make a reservation using bitcoin is extremely simple. Guests visit Sandman’s website and select bitcoin as the payment option. An e-invoice is sent to the guest and they accept and transfer their bitcoin payment into Sandman’s bitcoin account which is hosted by Coinbase. Once the payment is confirmed, so is the reservation.

About Sandman Hotel Group

Sandman Hotel Group is a collection of Canadian and UK hotels owned by Northland Properties Corporation. With head office based in Vancouver, the company currently has 44 properties across Canada and the UK under the brands Sandman Inns, Sandman Hotel & Suites, and Sandman Signature Hotels & Resorts.

To find out more about Sandman Hotel Group, go to http://www.sandmanhotels.com/

About Coinbase

Founded in June of 2012, Coinbase is a bitcoin wallet and platform where merchants and consumers can transact with the new digital currency bitcoin.


Related News

Sandman Hotel Group Now Accepts Bitcoin Reservations

Vancouver-based Sandman Hotel Group has started accepting bitcoin as a form of payment for room reservations. Sandman claims the move makes it the first Canadian hospitality company to accept bitcoin. The group operates 44 hotels across Canada, and says guests can now make bitcoin reservations at every one of them. Customer requests. Salim Kassam, Vice President of Marketing for Sandman Hotel Group, pointed out that Vancouver hosted the TED talk summit earlier this year, which brought in a diverse, tech-savvy group of travellers. "Our hotels had a number of enquiries regarding payment....

Sandman Hotel Group Now Accepts Bitcoin Across 44 Properties in Canada

Vancouver-based Sandman Hotel Group has announced that they have become one of the latest companies in the hospitality industry to turn to digital currency as a means of getting paid. Guests will be able to make reservations at 44 hotel properties scattered across Canada using nothing but bitcoin thanks to a partnership with San Francisco-based Coinbase, who's processing transactions on their behalf. "Vancouver hosted the TED talk summit earlier this year. This event brought a diverse and tech savvy group of travelers and presenters to the city. Our hotels had a number of enquiries....

The Dubai Hotel Accepts Crypto Payments, Here’s What We Know

Dubai hotel, The Manor Hotel by JA is now accepting crypto payments. After their partnership with Binance, now guests can use Binance coin (BNB), Bitcoin (BTC) or Ethereum (ETH) to pay for the hotel fare. The hotel has joined the payment gateway which is managed by Binance to facilitate these asset payments. This crypto payment […]

CheapAir.com Now Taking Bitcoins For Hotel Reservations

It's wasn't terribly long ago (late November, in fact) that CheapAir.com had begun accepting bitcoins for flights. We're now at the start of February, and the company will now begin accepting bitcoins for hotel reservations at over 200,000 properties around the world. The move comes amidst the success of bitcoin flights. CheapAir.com CEO Jeff Klee said that the company has "been really pleasantly surprised by the response," noting that they've made "a lot more" sales paid for with bitcoin than they initially anticipated. The move expands horizons for bitcoin enthusiasts with an interest in....

Life on Bitcoin couple pays for hotel and flights in bitcoin

Austin and Beccy Craig, the Utah-based couple living on bitcoin for 90 days, have overcome yet another hurdle and paid for a hotel and flights in bitcoin. The couple, whose experiences are being filmed for a documentary titled Life on Bitcoin, managed to pay for flights to and from Atlanta plus a hotel room in the city via Bulgaria-based company Simply Travel. "Travel is challenging, but the biggest challenge was connecting with the right travel agency. Since we started speaking with Gregor Amon, the CEO at Simply Travel, it's all logistics," explained Austin. Currently, the website only....