After four years of debate, guests may finally pay using Bitcoin (BTC) and Ether (ETH) at a five-star hotel in the Swiss Alps.
Guests at the Chedi Andermatt Hotel may now settle invoices totaling more than 200 Swiss francs (approximately $218) using Bitcoin or Ethereum, according to Blick, a Swiss news site.
As a result of this change, the hotel appears to have set its prices in fiat currency in order to prevent the danger of price fluctuation.
There are 123 rooms and suites at the Chedi Andermatt, which debuted in 2013 and costs 1,300 francs a night in high season, or roughly 0.03 BTC or 0.45 ETH.
According to Coinmap data, it looks that there is also a vacation rental in the area that accepts Bitcoin.
“We have long known that cryptocurrencies also have a future in hotel operations,” says the hotel’s general manager Jean-Yves Blatt. “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.”
Many firms now accept digital assets, but Switzerland has always been a friendly place for bitcoin enthusiasts.
Known as “Crypto Valley” because of its high number of blockchain and cryptocurrency firms and tokens extensively recognised in the area, Zurich, Switzerland’s canton of Zug, is home to a number of blockchain and cryptocurrency enterprises.
Taxpayers in Zug will be allowed to pay their taxes in bitcoin for the first time starting in February, the city said.