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Author Topic: Bahrainian Hotel accepts bitcoin Payment  (Read 227 times)
nimogsm
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February 20, 2023, 02:19:51 PM
 #21

We can already book some hotel rooms and flights with Travala using BTC and other cryptos.

But it is nice to see a merchand / hotel accepting direct reservations with BTC (without a third party website managing the reservations I mean). I would love to not involve Binance in it but we cannot have everything  Grin
You are absolutely right,there has been such a service for a long time and it has all the popular destinations in tourism.However, the hotel listed above now has the function of paying for accommodation on the spot,which is also undoubtedly a big plus.I think in the near future such a function will appear in many countries where they are loyal to cryptocurrency.

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February 20, 2023, 03:40:41 PM
 #22

We are very happy to hear this news as the popularity of digital currency Bitcoin is increasing day by day. Bitcoin has been approved in Bahrain for a long time. And I heard earlier in a news that about 5000+ merchants in different regions of Bahrain have approved bitcoin payment transactions. and the Central Bank of Bahrain has approved Bitcoin for crypto online payments through the EazyPay and Binance. Various hotels have introduced bitcoin payments which is a good development for the crypto sector. However, in various countries in the Middle East, transactions are done by Bitcoin and Bitcoin is used through various online payments. We will see more development of Bitcoin in the future and will gain wide popularity all over the world.

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February 20, 2023, 04:55:13 PM
 #23

Finally, Bitcoin is going to enter the world beyond the borders of different countries of the world. A hotel in Bahrain "Novotel Bahrain Al Dana Resort" is set to become the first hotel in the world to offer services to customers through Bitcoin payments. The payment system of this hotel will be through Binance App.
I am not so sure that they are the first establishment in the hospitality sector to accept payment in bitcoins, but it is good news to bitcoin community. It is good to see that another function of bitcoin will be encouraged for use and people who have bitcoins and visit the hotel will have the choice of using their bitcoins to sort bills directly instead of going through the rigors of converting some bitcoins to fiat whenever they need to liquidate some cryptocurrency to assist with bills.

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February 20, 2023, 06:47:25 PM
 #24

We can already book some hotel rooms and flights with Travala using BTC and other cryptos.

But it is nice to see a merchand / hotel accepting direct reservations with BTC (without a third party website managing the reservations I mean). I would love to not involve Binance in it but we cannot have everything  Grin

I see this and it makes me happy Cheesy soon we will see flights and hotels be for an example: 0.00008 BTC. Great stuff.
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February 20, 2023, 06:50:58 PM
 #25

I believe I once heard that several well-known resorts also accepted Bitcoin, but I'm not sure. Obviously, they also accept Bitcoin using Binance Pay. No matter which cryptocurrency payment they accept, the fact that they do so is remarkable. Someone interested in cryptocurrencies, in particular, would like using Bitcoin to pay at those resorts. I had been seeking for a way to pay using Bitcoin while on a tour. I would save a lot of money and have financial freedom as a result. If it becomes higher, the government might intervene with my credit card transaction.

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February 20, 2023, 07:02:16 PM
 #26

Slowly one by one people will see that bitcoin is not as bad as what banking influencers say to the media and indoctrinate the public with their rotten sentences, that is good news from Arab land countries which show that they are not allergic to bitcoin. It doesn't matter through any network service, the most important thing is that the world has touched bitcoin well and slowly it will spread like a virus which is very difficult to find a cure for and the bankers in the end can only watch and use bitcoin as a transaction tool and an alternative investment.
People are getting benefits from Bitcoin and we can't regret the importance of Bitcoin. It has reduced our time and money as well as it has made our life reliable and easier. As a payment option, Bitcoin is fast and secure and I personally prefer it. Day by day people will realize the importance of Bitcoin and I hope it will be adopted by most of the people in this digital world.
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February 20, 2023, 08:29:54 PM
 #27

It's getting easier with a third-party payment gateway that can process crypto, although it's nice to see someone directly accepts Bitcoin.
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February 20, 2023, 11:09:35 PM
 #28

That’s really a great news for all the Bitcointalk community. My only concern is that, is Bitcoin legal at Bahrain ? If it is, then there won’t be any problem for the hotel to use Bitcoins as a payment.

The country must have already accepted bitcoin as legal tender for the central bank to accept and approve the bank to collect payments in bitcoin. Even though it is not yet legal tender in the country, Binance must have managed to persuade the country to allow the hotel to accept only Binance payments.

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But will they able to deal with the inflation and price fluctuations of Bitcoins? I mean it really takes guts to take such steps when large amount of money transactions is required.

Inflation and price volatility must have been the first major issue they addressed before deciding to accept bitcoin as payment. Binance, their partner, would have educated them on the risks involved in the market. I'm sure they've made up their minds and are ready to begin accepting bitcoin payments.

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February 20, 2023, 11:19:47 PM
 #29

Finally, Bitcoin is going to enter the world beyond the borders of different countries of the world. A hotel in Bahrain "Novotel Bahrain Al Dana Resort" is set to become the first hotel in the world to offer services to customers through Bitcoin payments. The payment system of this hotel will be through Binance App. The Central Bank of Bahrain has welcomed the hotel's payment system, and has assured that other hotels will be interested in recognizing the bitcoin payment system as implemented by the hotel.

News:https://cryptopotato.com/arab-world-crypto-adoption-leading-bahrainian-hotel-accepts-btc-payments-report/

I do not think this hotel can be considered as the first hotel to accept bitcoin payments, there are some other hotels in the world already offering this service. Yes, it might be the first hotel in the Asian region to offer such services.

By accepting bitcoin, this hotel will attract a lot of international tourists as they can easily book this hotel in advance using bitcoin and also do not have the hassle to convert their local fiat into local currency Dinar (Bahrainian Currency) to pay the hotel rent.

The Arab countries including Dubai are very much crypto friendly and we are not away from that time when almost every business in these countries will accept bitcoin payments.

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February 20, 2023, 11:27:52 PM
 #30

This is kind of marketing to mention it as the world's first hotel to accept bitcoin and provide services. Already we've got good number of hotels and food chains that accept bitcoin into their businesses. Maybe this hotel falls under certain star category and on that list it is the first to accept bitcoin. A good move from the hotel management. Also I believe this hotel chain have got its hotels located in different countries. They should extend the service on its every property.

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February 21, 2023, 06:30:59 AM
 #31

This is kind of marketing to mention it as the world's first hotel to accept bitcoin and provide services. Already we've got good number of hotels and food chains that accept bitcoin into their businesses. Maybe this hotel falls under certain star category and on that list it is the first to accept bitcoin. A good move from the hotel management. Also I believe this hotel chain have got its hotels located in different countries. They should extend the service on its every property.
The fact is that expedia has been accepting bitcoin payments for many many years now, maybe it is not a hotel directly, but that means you could pay for many things using that. I have booked maybe close to half a dozen hotels so far, and all paid in bitcoin so far as well, been a great experience for myself. I have been using that for my vacations for maybe 5-6 years by now and I can say that it has never let me down.

There is a bit of an issue when it comes to reversing it, obviously when you cancel, then you need to wait for them to pay it back, and it's definitely a difficult one if you used an exchange to send, had a trouble there, but it has been available for over half a decade at least.
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