5-Star Swiss Hotel Set to Accept Bitcoin Payments

The Dolder Grand, a five-star hotel based in Switzerland, will begin accepting bitcoin payments starting next month.

The news was announced Tuesday by the hotel’s tech partner, Inacta AG, which said that the payment option would be made available on May 1.

Once the new payment method goes live, guests can pay for accommodation, food and beverages or spa treatments using bitcoin. Inacta AG’s mobile app Inapay will then convert bitcoin payments into Swiss franc or euro “as soon as the payment has been completed,” according to the statement, meaning that the hotel itself won’t handle cryptocurrency.

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