Coinspeaker Singapore’s Capella Hotel Group Partners dtcpay to Offer Crypto Payment Options
The Capella Hotel Group, globally recognized for its luxurious hospitality experiences, has entered into a strategic partnership with dtcpay, a blockchain payment infrastructure provider. The deal aims to introduce cryptocurrency payment options across the company’s global properties, including those in the Maldives’ Fari Islands and other premium destinations worldwide.
The partnership, announced on October 7, will enable Capella’s guests to use Digital Payment Tokens (DPTs) to pay for room bookings, dining, and other services. The accepted cryptocurrencies include Bitcoin BTC $64 158 24h volatility: 2.6% Market cap: $1.27 T Vol. 24h: $23.58 B and Ethereum ETH $2 511 24h volatility: 2.9% Market cap: $301.48 B Vol. 24h: $13.66 B , as well as stablecoins like USDT USDT $1.00 24h volatility: 0.0% Market cap: $119.73 B Vol. 24h: $35.80 B , USDC USDC $1.00 24h volatility: 0.0% Market cap: $35.47 B Vol. 24h: $5.99 B , and WUSD [NC], to pay for room bookings, dining, and other services.
Luxury Meets Innovation in Digital Payments
The move marks Capella as one of the first high-end hotels in the world to adopt crypto assets as a payment method. Known for its world-class service and opulent design, the group operates top-tier resorts across several iconic destinations, including Sydney, Bangkok, Hanoi, Ubud, and Hainan.
The award-winning company operates two brands under its portfolio: Capella Hotels and Resorts, celebrated for its beautiful designs and immersive guest experiences that honor local culture, and Patina Hotels & Resorts, a modern luxury lifestyle brand crafted for forward-thinking travelers who value creativity and sustainability.
Thanks to the recent partnership with dtcpay, the group has expanded its payment methods, allowing guests from both hotels to pay for their rooms and dining using any accepted digital asset.
“We are thrilled to announce our partnership with Capella Hotel Group, a true leader in luxury hospitality. By embracing Digital Payment Tokens, Capella Hotel Group can connect with a vibrant and growing segment of tech-savvy travellers who seek modern payment solutions,” said dtcpay.
A Significant Milestone
According to the announcement, guests staying at Capella’s hotel in Singapore can scan a QR code on a dtcpay terminal at the front desk using their digital wallets to complete payments with supported DPTs.
Meanwhile, visitors at Patina Maldives and Fari Islands will be able to make payments via a secure payment link provided by the hotel.
As a payment infrastructure provider, dtcpay sees the collaboration with the hotel as a “significant milestone in redefining payment experiences within the luxury hospitality sector.”
The company is committed to enhancing customer experience across several sectors and delivering innovative solutions that meet evolving consumer preferences.
Low Crypto Adoption Rate in Hospitality
While cryptocurrencies have gained widespread popularity, their adoption in the hospitality sector has been relatively slow. However, forward-looking brands are beginning to embrace the trend.
In 2021, Pavilions Hotels & Resorts and The Chedi Andermatt expanded their payment options to include Bitcoin and other digital currencies. Last year, Palazzo Versace Dubai partnered with Binance to offer guests the ability to settle payments in cryptocurrency.
Now, with more luxury brands like Capella exploring crypto payments, the future of hospitality may see wider adoption of digital assets, providing travelers with more choices in how they experience and pay for their stays.
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Singapore’s Capella Hotel Group Partners dtcpay to Offer Crypto Payment Options
