Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Capella Hotel Group embraces cryptocurrency
    Cryptocurrency

    Capella Hotel Group embraces cryptocurrency

    October 16, 20242 Mins Read


    Two Capella hotels now accept cryptocurrency payments, signalling a new standard for guest services and financial operations in high-end travel and hospitality. Olivia Palamountain reports

    Capella Hotel Group has announced it will begin accepting Digital Payment Tokens (DPTs) aka crypto at two of its flagship properties: Capella Singapore and Patina Maldives, Fari Islands.

    The Singapore-based hotel group has partnered with dtcpay, a DPT payment service provider licensed by the Monetary Authority of Singapore, to facilitate these transactions without exposing guests to price volatility risks.

    How does it work? At Capella Singapore, guests can now settle their bills by simply scanning a QR code on a dtcpay terminal at the front desk during check-in or check-out. The hotel currently accepts DPT payments for all charges to the room that can be settled upon departure.

    At Patina Maldives, Fari Islands, payments can be made through a secure link. Find further details abou

    The Capella properties currently accept five types of digital tokens:

    1. WUSD (Worldwide USD)
    2. USDT (Tether)
    3. USDC (USD Coin)
    4. Bitcoin (BTC)
    5. Ethereum (ETH)

    This range of options offers guests the benefits of swift, secure transactions and the convenience of avoiding currency conversions for international payments.

    With more than 560 million people globally owning digital currencies, Capella’s adoption of DPTs is poised to appeal to a new segment of travellers. From an operational standpoint, this initiative is expected to reduce settlement times and enhance the overall customer experience.

    Cristiano Rinaldi, president of Capella Hotel Group, says: “We are proud to be one of the first Singapore-based hotel groups to accept digital payment tokens, testifying to our commitment to innovation and unparalelled service. This is just the beginning of our journey into the world of digital assets, and we look forward to exploring more innovative ways to enhance the guest experience through technology.

    “By integrating digital payment tokens, we’re not only enhancing convenience but also significantly boosting operational efficiency. This technology allows for fast, secure transactions, reducing the complexities often associated with international payments.”

    The group plans to extend this payment option to more Capella and Patina properties in the future, signalling a broader shift towards digital currency adoption in the luxury hospitality sector.

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Five Strategies to Strengthen Your Position as a Reputable Broker

    Cryptocurrency

    Investing in Green Crypto: Why Bitcoin.ℏ Could Be the Future of Digital Currency

    Cryptocurrency

    China bans cryptocurrency: Fact vs fiction

    Cryptocurrency

    ECB Reaffirms Commitment to Cash as Digital Euro Advances

    Cryptocurrency

    Currency Dominance in the Digital Age

    Cryptocurrency

    Federal Report Charts Path For U.S. To Dominate World Cryptocurrency Market

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Johnson Electric Holdings And 2 More Top Picks

    Cryptocurrency

    A top trader predicts the cryptocurrency market to hit $10T cap

    Precious Metal

    Gold Remains Rangebound, Silver is Weak; Technical and Sentiment Analysis

    Editors Picks

    If You’d Invested $1,000 in Norwegian Cruise Line Stock 5 Years Ago, Here’s How Much You’d Have Today

    July 13, 2024

    Taux : +55Pts sur les T-Bonds en hebdo, Bunds/OAT stables

    April 11, 2025

    Le contrôleur de la ville de New York soumet des propositions d’actionnaires à Wells Fargo & Company

    March 19, 2025

    Silent Hill et Metal Gear Solid 3 Remake vont faire de grosses annonces

    June 10, 2025
    What's Hot

    Federal Cuts Threaten Agroforestry Projects Across US

    April 28, 2025

    5 conseils pour une adoption efficace de l’IA

    June 18, 2025

    This Tweet By Trump’s Energy Department About Going Back To Coal Is Getting Torn Apart For Being “Delusional”

    August 4, 2025
    Our Picks

    Boomers Regret Retirement Saving Plans, Taking Social Security Early

    October 20, 2024

    DGFT notification on precious metal trade ensures consistency between customs duties and import regulations: GTRI

    May 19, 2025

    I’d forget buy-to-let! These 5 property investments all yield more than 7%

    July 12, 2023
    Weekly Top

    Congress’s “One Big Beautiful Bill” Will Shrink Renewable Energy Investments—Yet Some Technologies Are Preserved

    August 4, 2025

    ‘I will not be OK for a while’

    August 4, 2025

    NJ among states with highest property taxes. Here’s where it ranks

    August 4, 2025
    Editor's Pick

    Santander Launches Openbank in the US, Expanding Its Consumer Banking Business Nationwide

    October 21, 2024

    India Showcases Agricultural and Processed Food Excellence at AAHAR 2025 with APEDA’s Dynamic Participation

    March 11, 2025

    Bible Prophecy Comes Alive as Globalists Pushing Hard for Digital Money

    April 22, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.