Swiss Luxury Hotel Chedi Andermatt to Accept Crypto Payments

Swiss Luxury Hotel Chedi Andermatt to Accept Crypto Payments

Andermatt, Switzerland, September 13, 2021 / TRAVELINDEX / At the reception of The Chedi Andermatt hotel, it is now possible to pay with cryptocurrencies. The Swiss luxury hotel The Chedi Andermatt will reportedly start accepting cryptocurrency payments from its guests for its services. Located in Swiss Alps, the luxury hotel will allow its guests to make payment in both Bitcoin and Ethereum, reported BloombergQuint.

As part of this effort, the hotel has teamed up with Swiss crypto service provider Bitcoin Suisse and payment-service provider Worldline. Other cryptocurrencies would be considered by The Chedi Andermatt in future, according to the publication.

The luxury hotel will allow its guests to make payments in Bitcoin and Ethereum. According to the official report, this luxury residence under the management of Sami Sawiris now allows its guests to settle their bills with Bitcoin and Ethereum. The company added that in the near future, it plans to add other cryptocurrencies as well.

The company stated it began considering taking cryptocurrencies as payment four years ago but it wanted to make sure transactions would be safe and that price fluctuations can be avoided.

Partnership with Worldline and Bitcoin Suisse

The best suite at the five-star hotel, approximately a 110 kilometers drive from Zurich, can cost thousands of dollars per night, and the hotel announced it is partnering with payment-service provider Worldline as well as Swiss crypto service provider Bitcoin Suisse for the effort. Payments by crypto will be immediately converted into Swiss francs once they are confirmed.

Jean-Yves Blatt, General Manager at the Chedi said the company is “making a clear statement to our hotel guests that we are open to new technologies and at the same time offer a new payment experience as an additional service.”

The first European hotel chain that started accepting cryptocurrencies as payment was the Pavilions Hotels & Resorts in June this year. According to its recent report, the hotel is now accepting over 40 different digital currencies.

About The Chedi Andermatt
Surrounded by the natural, year-round beauty of the Swiss Alps, The Chedi Andermatt nestles elegantly among the ski chalets of Andermatt, a village of timeless charms in the Urseren Valley. An effortless two-hour train ride from Zurich brings our guests straight to the idyllic heart of Andermatt, directly opposite the hotel. For GHM’s first Swiss property, the Asian brand synonymous with style, service and serenity, chose renowned architect Jean-Michel Gathy to design these 123 spacious guest rooms and suites. Traditional materials such as warm woods and natural stone create intimate yet visually striking accommodations while the extensive facilities include fine restaurants and cosy lounges, a ski-in living room with sports boutique, comprehensive spa and wellness centre with a tranquil retreat of hydrothermal baths and a duo of swimming pools against the stunning outdoor Alpine landscape.