US luxury hotel brand to begin accepting Bitcoin payments

US luxury hotel brand to begin accepting Bitcoin payments

Bitcoin penetration in the hospitality industry is set for another expansion as a U.S. luxury hotel chain adopts cryptocurrency as a payment option. The Kessler Collection, an American luxury hotel brand, has begun accepting Bitcoin (BTC) and cryptocurrencies as a payment option.According to a press release issued on Tuesday, the hotel chain has partnered with crypto payment gateway service BitPay to begin accepting Bitcoin. Other cryptos adopted include Ether (ETH), Dogecoin (DOGE) as well as four stablecoins — USD Coin (USDC), Paxos Standard (PAX), Binance USD (BUSD), and Gemini dollar....

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