The Kessler Collection is set to make history as the first luxury hotel group to accept cryptocurrency as a form of payment.

The hotel group will also be the first in the world to partner with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services.

All eight corporate-owned hotels in the collection will accept Bitcoin, Ethereum, Dogecoin and several other cryptocurrencies as payment, effective immediately.

“This is one of the most innovative concepts in the hospitality industry right now,” said Richard Kessler, chairman and CEO of The Kessler Collection, in a press release statement. “I believe cryptocurrency is only going to gain acceptance, and partnering with BitPay allows us to offer more choices in the payment process.”

Airlines and travel agencies began accepting Bitcoin as early as 2013, and the move will make it easier for guests traveling globally, both in time saved from going to a local currency exchange and in money saved with a lower exchange rate.

“The Kessler Collection is one of the premiere luxury hotel groups and is being very innovative and catering to their customers by allowing them to pay in Bitcoin and cryptocurrency,” said Sonny Singh, chief commercial officer of BitPay, in a press release statement. “Bitcoin payments are cheaper than credit cards and help international travelers make payments easier.”

Each Kessler Collection property will send an email invoice to guests allowing them to pay from their crypto wallet through BitPay. Customers will be able to pay in BTC, BCH, ETH, DOGE, and stable coins USDC, BUSD, GUSD, and PAX.

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