The Auróra Hotel in Miskolctapolca, Northeast Hungary, is the first hotel in the country to accept Bitcoin as a payment method. According to the management, they have long-term plans for the Bitcoin they receive as payment.
The first Hungarian Bitcoin hotel
One might assume that the first hotel in Hungary to allow guests to settle their bills with Bitcoin would be located in Budapest. However, it is situated in the popular bathing town of Miskolctapolca, a suburb of Miskolc in Northeast Hungary. Wondering what to see there?
The 150-metre-long Cave Bath is one of the most spectacular baths in Hungary. It features indoor and open-air pools, some of which are located in a large natural cave. The bath is open all year round. In front of it, there is a large park with a boating lake. We detailed the wonders and beauties of Miskolctapolca in THIS article, complete with photos.
Photo: FB/Hotel Auróra
Ferenc Kovács, the owner of the local Aurora Hotel, told turizmus.com that they began allowing guests to pay in Bitcoin on 25 May. Mr Kovács explained that they decided to accept Bitcoin due to the management’s innovative attitude and forward-thinking strategy.
The owner’s plans for Bitcoin Income
Visitors choosing to settle their bills with the digital currency can use the Bitcoin Lightning Network, ensuring the transaction remains safe, immediate and low-cost. The hotel does not issue bills in Bitcoin. Instead, guests receive a traditional HUF bill, with the final sum converted to Bitcoin based on the current Bitcoin-forint exchange rate, if needed. According to the hotel, they comply with all relevant regulations regarding the new payment method.
The hotel owner stated that they aim to be pioneers in introducing new technological developments. They believe that independent digital payment methods have a positive impact on society and their guests. Based on their calculations, 0.5% of their revenues will come from Bitcoin transactions, although Kovács acknowledged that this was difficult to predict.
The restaurant of the hotel. Photo: FB/Hotel Auróra
He has long-term plans for the collected Bitcoin, intending to invest it in the hotel’s renovation, modernisation and other innovations over the next 8-10 years.
Read also:
The Role of Bitcoin in Modernizing the Tourism and Travel Industry – Read more HERE
New Hungarian hotel opens in a beautiful forest setting – PHOTOS and details in THIS article
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