The hospitality industry is slowly opening up to the virtual currency. More recently, Expedia, a maj

Visitors can reportedly make bitcoin reservations online, in-person or through phone. Shrem added that while the hotel will convert a percentage of the sales from Bitcoin to USD to cover some expenses, it intends on keeping a bitcoin reserve as well.
The hospitality industry is slowly los angeles california opening up to the virtual currency. More recently, Expedia, a major online travel agency announced that it would accept Bitcoins for hotel bookings on a trial basis.
This is one of those ideas that seemed to have sprung from three different places all at once," said Michael Gulmann, vice president of global product at Expedia told The Wall Street Journal . "We want to start at a reasonable, small place."
Bitcoin is back on track again after it gained tremendous notoriety for the Mt.Gox exchange meltdown and being used on Silk Road -the online black market - for illegal transactions. A large number of companies are starting to adopt the cryptocurrency for its ease of use and decentralized operations.
"I think bitcoin investing is becoming to this generation what real estate investing used to be. But it's a lot more unusual than real estate, so we're helping people understand, manage and secure it."
New York City has been seeing a lot of Bitcoin activity of late with realtors accepting rent in the virtual currency . A Balinese los angeles california villa also set a record selling for 800 bitcoins a few months los angeles california earlier.