- Which hotels accept crypto payment today?
- Two that we verified against a live page on the hotel’s own site: Hotels 705 in Porto, which accepts BTC, ETH, USDT, USDC and Solana through PAYCEK; and The Kessler Collection in the United States, which keeps a BitPay page listing Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Shiba Inu and Wrapped Bitcoin alongside five stablecoins. A third case, Palazzo Versace Dubai, announced it in 2022 but has no live service page we could verify today. In every case, confirm with the hotel before booking.
- How do you actually pay for a hotel in crypto?
- It differs from hotel to hotel, and that is the practical difference worth knowing. At Hotels 705 you book by email and receive a payment link valid for 90 minutes that is non-refundable. At The Kessler Collection you ask a front desk agent at check out, and the payment goes through BitPay from a digital wallet. In both cases the guest approves the transfer from their own wallet, usually against a QR code or an address.
- What is the difference between paying in Bitcoin and paying in a stablecoin such as USDC?
- Bitcoin is volatile: its value against the dollar can move within minutes. A stablecoin such as USDC or USDT is designed to hold a value pegged to another asset, usually the dollar. In practice, if a room costs 500 dollars, a stablecoin keeps that simple relationship, while paying in Bitcoin means working out how much of the coin equals 500 dollars at that moment.
- How do refunds work on a booking paid in crypto?
- It depends on the policy set in advance, and that is the most important thing to check before paying. At Hotels 705, for example, the payment link is explicitly non-refundable. In other cases a refund may be calculated on the quantity of coin actually paid, on the monetary value of the booking on the day of payment, or on another mechanism. If the rate moved between booking and cancellation those methods return different amounts, so the rule has to be written and clear before you approve.
- Does the hotel have to hold Bitcoin in order to accept crypto?
- Not necessarily, and this is the point most people miss. A payment system can take the digital currency from the guest and pay the business in its ordinary currency. From the guest’s side they paid from a digital wallet; from the hotel’s side nothing changed financially. If that model spreads, we will not need to look specifically for a hotel that accepts Bitcoin.
- Is paying in crypto cheaper than paying by card?
- Not necessarily. Paying by card abroad may carry a currency conversion fee and a transaction fee, while paying in crypto carries a network fee that moves with congestion and sometimes a payment provider fee as well. Which is cheaper depends on the amount, the currency and the network, so compare the final total rather than the headline percentage.
- Can you pay in crypto at SherryStay?
- Not yet. We are working on adding the option to pay in selected cryptocurrencies alongside our existing payment methods, but as of today paying in crypto is not available on the site. The hotels mentioned in this article accept crypto directly, not through us.
- What risks should you know about before paying in digital currency?
- Four main ones: rate volatility if you pay in a currency that is not stable, the absence of some of the consumer protections a card provides, the finality of a blockchain transfer which makes a mistake hard to reverse, and questions of regulation and tax that differ country by country. This article is general information and is not financial or tax advice.