Azeri Hotel Booking Platform Hotels24 Adds Bitcoin Gold (BTG) Payment Option

2018-7-26 14:54

The Azerbaijan-based hotel booking platform, Azeri, is now accepting BTG as a payment option for their cryptocurrency for international and local spots – regardless of nationality.

Azeri, one of the internet’s largest providers of hotel booking services has added the cryptocurrency BCG to it’s list of available currencies accepted for making payments to the company. The official site of Azeri, Hotels24, is one of the largest web-based services for tourists looking to make reservations online. The reason for the sudden adoption of Bitcoin Cash is to attract a new client-base, according to company representatives who gave a statement on Monday.

https://t.co/aRsR629Tdq Partners With Bitcoin Gold. https://t.co/ZMxivNoumP Book your hotel and Pay by #BTG #BitcoinGold

— Hotels24.az (@Hotels24az) July 25, 2018

It’s not a surprise, considering the company already accepts several other cryptocurrencies as viable payment solutions for their services. Bitcoin Gold is only the latest of several including, Dash, Ethereum Classic, Bitcoin, Litecoin, and Bitcoin Cash. The smart move to use BCG as a payment solution increases the user clientele with the need for much effort on Azeri’s end. The successful integration took little to o time or effort for BCG and the technical staff at Azeri.

Integration has already been completed, making BCG a live payment solution on Hotels24 at the time of this writing. The website, who is already providing global services to hotels around the world, is one of the leaders in bringing cryptocurrency to the mainstream market, making an accepted currency to pay for roughly 200 of the near three quarter of a million Azeri hotels worldwide.

It’s possible the move was made as a direct feedback response by customers on the website. Analysts, inquiries by potential customers about BCG or a combination of both would be reason for taking immediate action regarding the installation of a new payment method on company websites. There’s no real number on how many reservations Hotels2 receives on a monthly basis, but it’s likely higher than anyone imagines.

Azerbaijan, previously of the Soviet Union holds large quantities of natural gas, among other resources. Large amounts of profit from the countries natural resources has gone into the improvement of tourism, which has steadily increased over the last few years, making it a desired travel destination by people from all over the world.

The number of tourists entering the country each year is growing at a rapid rate, alleviating a lot of financial pressure the country faced when transitioning from being a part of the republic to a sovereign state. More than 2.6 million tourists visited the country in 2017 alone, with 2018 projecting even larger numbers. The rate of growth for tourism is growing in the country at a consistent basis each year of more than 10% at minimum. The adoption of Bitcoin Gold by the Azeri Hotel Group will likely help spike that number even higher by the end of the second half of the year, 2018.

What is your take on the recent increase of large business groups now accepting various cryptocurrencies as viable payment options for goods & services? Tell us your thoughts in the comment section below.

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