Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto

Since September 7, Palazzo Versace Dubai guests have had the option to pay for services rendered in cryptocurrency. To allow guests to purchase gift vouchers in digital currency, the hotel plans to offer a crypto payment option on its e-commerce platforms.

Cryptocurrency Infrastructure Provider

Palazzo Versace Dubai is a luxury hotel that offers cryptocurrency payment. According to a Business Traveller Report, Palazzo Versace Dubai guests will be able to pay their hotel bills starting September 7th using bitcoin, ethereum and binance coin (BNB).

The report states that Binance, the largest cryptocurrency exchange platform in the world, is Binance's "cryptocurrency Infrastructure Provider." It will allow guests to pay with crypto for their dining and spa experiences. Additionally, guests can use its e-commerce platforms and make payments to purchase gift vouchers or items in the flower shop.

Palazzo Versace Dubai accepts crypto. This is the latest addition to the growing number of companies in the country who have adopted cryptocurrency.

"Pioneers of Innovation in the Hospitality Business"

Monther Darwish (managing director Palazzo Versace Dubai, founder of Palazzo Hospitality) is quoted as saying that the hotel's decision not to accept cryptocurrency payments was a sign of the future. Darwish stated:

We are still the innovators in innovation and growth within the hospitality industry. We have also made a bold move to accept cryptocurrencies as payment in order to make our business more future-oriented.

Nadeem Ladki from Binance's Middle East and North Africa business development head, also commented on the decision of the luxury hotel to accept crypto payments.

"Palazzo Versace's capability to accept virtual currency payments is a sign of the innovation in the Dubai hospitality industry as we move towards a digital future. We look forward to continuing our partnership with you." Ladki explained.

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By: Terence Zimwara
Title: Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto
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Published Date: Tue, 13 Sep 2022 08:30:43 +0000

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