Cryptocurrencies are spreading rapidly: Now you can also pay with Bitcoin and Ethereum in the Swiss luxury hotel “The Chedi Andermatt”.

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Bitcoin in the Swiss Alps

More and more often it is possible to use Bitcoin as a means of payment. The Swiss luxury and lifestyle hotel “The Chedi Andermatt” is now accepting the cryptocurrencies Bitcoin and Ethereum as a form of payment. For this purpose, the five-star hotel is working together with the payment service provider Worldline and Bitcoin Suisse, a Swiss service provider for cryptocurrencies. in 2017, there are said to have already been initial considerations to offer cryptocurrencies as a payment service for guests. However, they wanted to make the service possible without the sometimes violent price fluctuations.

BTC 5-day chart: Violent price fluctuations are looking in vain in recent days. Source:

This is now to be achieved through the cooperation with WL Crypto Payments from Worldline. By working with WL Crypto Payments, it is possible for the hotel business to offer crypto payments without volatility. Because: The crypto transactions are converted into Swiss francs immediately after confirmation.

Jean-Yves Blatt, General Manager of The Chedi Andermatt, explains:

“We have long been aware that cryptocurrencies also have a future in hotel operations. In the course of the increasing spread and acceptance of cryptocurrency payments, we are therefore proud to be one of the first Swiss luxury hotels to offer our guests cryptocurrencies as a secure means of payment.“

The move is “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,” says General Manager Blatt.

From an amount of 200 Swiss francs (equivalent to around 184 euros), “The Chedi Andermatt”guests can now pay with Bitcoin and Ethereum. About the “Grand Deluxe Suite”, the night for 1,560 Swiss francs (1,436 euros). Or, if the extended family travels along, the “Furka Suite”: 330 Square meters, three bedrooms, fireplace and Turkish bath included, room control via iPad. The night for 15,000 Swiss francs, the equivalent of 13,814 euros.

In addition to the Bitcoin payment option, further crypto projects are planned in cooperation with Bitcoin Suisse. So you can be curious.

Crypto in the luxury sector

Cryptocurrencies have been increasingly used as a means of payment in recent months, and at very different companies. For example, the German star designer Philipp Plein recently accepted cryptocurrencies such as Bitcoin. Altcoins are also spreading: With Dogecoin (DOGE), for example, you can buy luxury apartments in Portugal. And that’s not all: star DJ David Guetta also accepts BTC when selling his luxury apartment. Not to mention the rare diamond that auction house Sothebys has auctioned off for an undisclosed cryptocurrency worth $ 12 million.

And quite apart from that, Bitcoin will officially become legal tender in El Salvador on September 7th. If the model goes to school, other countries could follow suit.

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