Arab World Crypto Adoption: Leading Bahrainian Hotel Accepts BTC (Report)

Novotel Bahrain Al Dana Resort was reportedly the first hotel to accept cryptocurrency as a method of payment.

W Dubai – The Palm and Palazzo Versace Dubai are two other hotels that have adopted digital assets in the last few months.

Cryptocurrency: How to Enter the World

Recent data shows that CoverageNovotel Bahrain Al Dana Resort has partnered with Eazy Financial Services in order to enable guests to pay their accommodation bills in cryptocurrency. To enable this offering via Binance, the hotel will have specially-designed terminals placed at its outlets.

This move was approved by the Central Bank of Bahrain, making Novotel Bahrain Al Dana Resort one of the first to offer such a payment option. Amid Yazji, General Manager, commented:

We are delighted to announce that Eazy Financial Services, a partner of ours, has made it possible for us to adopt the most recent digital payment technology in order to keep up with technological developments and provide the best service to our guests.

This four-star luxury hotel overlooks the Arabian Gulf. It offers its guests a swimming area, private sandy beach, a gym, and other amenities. TripAdvisor is the leading platform for collecting millions of opinions on organizations in the tourism industry – Placed Novotel Bahrain Al Dana Resort is one of the top ten hotels in Bahrain for 2023.

Manama’s pearl does not represent the only Arab region resort that has adopted digital assets. Two resorts in the UAE – W Dubai-The Palm and Palazzo Versace Dubai-have already joined the digital asset bandwagon.

These are the latter Accepts Bitcoin (BTC), Ether(ETH) and Binance Coins (BNB), with the latter also Support Shiba Inu (SHIB).

Other Hotels are Part of the Club

As CryptoPotato reported In 2021, Pavilions Hotels & Resorts partnered with Coindirect to allow customers to book their accommodations via 40 digital assets (with BTC & ETH included).

Jesse Hemson -Struthers, CEO of Coindirect, stated that guests can pay in cryptocurrency of their choice based on where they are located at the time. This allows them more freedom and offers a personalized service.”

The hotel group covers many areas on the globe, including Bali, Phuket and the Himalayas, Rome, Amsterdam, and Rome.

The crypto wave was also captured by the Chedi Andermatt, a Swiss hotel in the Alps. Allowing Guests can settle their bills in BTC and ETH. Only 200 CHF ($215) is required to apply the offer. Double rooms are relatively inexpensive at around $700. This limit is easily accessible.

By David Warsh

David Warsh is a leading expert in the field of cryptocurrency and blockchain technology. With over a decade of experience in the industry, he has a deep understanding of the intricacies of digital currencies and the potential they hold for revolutionizing various industries.