Have Bitcoin, Will Travel? 4 Strategies for Crypto-Holidays
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Have Bitcoin, Will Travel? 4 Strategies for Crypto-Holidays

A host of companies–including luxury ski resorts and at least one surf town—let you pay for R&R services with digital cash.

By R.T Watson
Tue, Mar 29, 2022Grey Clock 3 min

MAYBE YOU’RE still flush with crypto cash. Or perhaps your Bitcoin portfolio is hemorrhaging value amid the recent turbulence. Either way, if turning digital assets into rest and relaxation sounds appealing, you have options. Marko Jovic, a 41-year-old telecom engineer from Belgrade, Serbia, began using crypto to pay for vacations in 2021. He said despite a recent fall in value he can pay for a lot of things with his crypto. “You can basically do anything you want with crypto,” said Mr. Jovic.

Now that you can get debit cards linked to cryptocurrency portfolios, it’s never been easier to use digital cash while on the move. But for travelers who want to avoid the extra fees associated with using a crypto card, the alternative is to seek out merchants willing to accept cryptocurrency like Bitcoin directly. Luckily, a growing list of companies, hotels and destinations are eager to do business with crypto consumers. Here, a few up-to-the-minute moves:

1. Book a trip via an online travel agency

Travala.com has emerged as the leader among the handful of online booking sites that accept crypto. It may offer fewer routes and destinations than traditional air-travel sites do and sometimes list slightly higher prices, said Mr. Jovic, who recently used it to book a flight to Budapest, but he finds the ability to pay with crypto outweighs those factors. While Travala co-founder and CEO Juan Otero, who worked at Booking.com in the late 2000s, agrees his company needs to be more competitive on airfare, he argues that its luxury hotel offerings compare well to rivals’. Of Travala’s monthly active users, Mr. Otero said, an-above average number opt for “four- and five-star hotels.” Omar Hamwi, a 37-year-old crypto professional from Washington, D.C., and self-described loyal customer of Travala, booked a stay most recently at the five-star Fairmont Orchid in Hawaii. “I have idle crypto so I generally do like to use it when I can,” he said.

2. Buy a flight ticket directly with the airline

You can book flights directly with at least one crypto-friendly airline—AirBaltic, Latvia’s premier carrier which services more than 70 destinations, primarily in the Baltics and Europe—but if you’re not flying out of Riga, it may be hard to take advantage. Still, according to the airline, since it began accepting crypto back in 2014, more than 1,000 customers have purchased tickets that way.

3. Reserve a swanky hotel

The Chedi, a chic luxury resort in the Swiss Alps lets guests pay with Bitcoin or Ethereum, as long as they’re spending more than $200 when paying for rooms or services like ski rentals and spa days—easily done since room rates generally start at $650 a night. The Pavilions Hotels & Resorts, a boutique hotel group with locations in Europe and Asia including Rome, Amsterdam, Bali and Phuket, also accepts cryptocurrency bookings. For travelers who prefer to spend their crypto gains stateside, there’s the Kessler Collection, whose portfolio include several hotels in the southern U.S., as well as a ski lodge in Beaver Creek, Colo.

4. Visit a ‘cryptopia’

If anything close to a crypto Utopia exists, it’s the surf town of El Zonte, El Salvador, otherwise known as “Bitcoin Beach.” There, travelers can grub on pupusas after a day of surf lessons at El Zonte’s point break, and pay for it all with Bitcoin. “Most of the merchants accept Bitcoin,” said Carol Souza, a Brazilian influencer focused on educating people about crypto. Other cities are expected to follow suit. Earlier this month, the small picturesque city of Lugano, Switzerland, announced it is also adopting cryptocurrency as legal tender.

Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: 28 March 2022.

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When people talk about making a seachange, chances are this is the kind of property on the NSW South Coast that they have in mind.

Open for inspection for the first time this Saturday, 24 Point Street Bulli offers rare absolute beachfront, with never-to-be-built-out north facing views of the ocean. Located on the tip of Sandon Point, this two-storey property is a surfer’s dream with one of Australia’s most iconic surf breaks just beyond the back wall.

On the lower floor at street level, there are three bedrooms and two bathrooms, including a family bathroom and an ensuite in the master suite. A fourth bedroom is on the upper floor, along with the main living area, and is serviced by its own bathroom. 

While this would make a spectacular holiday home, it is well equipped for day-to-day living, with a spacious gourmet kitchen and butler’s pantry set into the articulated open plan living area on the first floor. A separate media room to the street side of the property on this level provides additional living space. 

Every aspect of this property has been considered to take in the light and views, with high ceilings internally and spacious, north facing decks on both levels to take in views of rolling waves. If the pull of the ocean is irresistible, it’s just a 100m walk to feel the sand between your toes.

The house is complemented by a Mediterranean, coastal-style garden, while the garage has room for a workshop and two car spaces.

An easy walk to Bulli village, the property is a 20 minute drive from the major hub of Wollongong and just over an hour to Sydney.

 

Open: Saturday August 6 2pm-3pm Auction: Saturday September 3 Price guide: N/A but expected to exceed $5.3m paid in March for 1 Alroy Street 

Contact: McGrath Thirroul – Vanessa Denison-Pender, 0488 443 174