Hotel in San Pedro Belize Accepts Bitcoin as Form of Payment

bitcoin-2Pedro’s Hotel in San Pedro, Belize has started accepting Bitcoin as a form of payment in their Hotel, Bar and Pizzeria. They will become the first hotel in Central America and one of only 4 hotels in the world to accept the currency.

Bitcoin, a relatively young digital currency, has seen increasing acceptance in recent months, particularly by popular online companies like Reddit and WordPress. However, brick and mortar businesses have been slow in understanding the benefits it brings to a local business. The owner of Pedro’s Peter Lawrence saw the potential benefits that Bitcoin could bring to his business. Lawrence said, “With Bitcoin we will be able to lower our transaction cost. It’s perfectly suited to our type of business where nearly all of our reservations are taken online or over the phone.”

Effective March 23nd, a newly constructed Deluxe Room will be available for 1 Bitcoin per night (price subject to change). Bitcoin will also be able to be used to pay for food and drink in the bar by pre-purchasing bar credit in the hotel office.

To check availability, make a reservation or learn more about paying for rooms with Bitcoin, email cindy@pedroshotel.com or call 704-990-8658(US) or +501-226-3825 (Belize). More information about the new Bitcoin option at Pedro’s can be found at http://pedroshotel.com/bitcoin

About Bitcoin

Bitcoin is a peer-to-peer digital currency that can be used to buy and sell goods online without a credit card. Transactions in Bitcoin are anonymous, irreversible and are completed with very low transaction fees. For more information about bitcoin, please visit http://www.weusecoins.com/

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