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REVPAR GURU & BitPay Launch the World¹s First Bitcoin Compatible Hotel Booking Engine

Thursday, May 08, 2014
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RevPar Guru
RevPar Guru

REVPAR GURU is partnering with BitPay, the world leader in business solutions for Bitcoin digital currency, to offer GuestLeader, the world¹s first and only Bitcoin compatible hotel booking engine, which is available through REVPAR GURU¹s revenue management system. Now, hotels of any size ¬ from small, boutique properties to large, international hotel chains - can accept Bitcoins quickly and easily as a form a payment via the booking engine on their own brand.com site.

When booking a stay with a hotel that uses the GuestLeader booking engine on their brand.com site, guests will have the option to select Bitcoins as their preferred method of payment. BitPay processes all transactions; the company receives the Bitcoins from the guest and alerts the hotel that a booking has been made (and paid for). BitPay will then send payment to the hotel on the next business day in the hotel¹s currency of choice (out of a possible list of 10 currencies).

With this revolutionary technology, hotels have the ability to reach new customers in emerging markets (as Bitcoins are a borderless, digital currency) without paying the high transaction fees that many banks charge for international transactions. Also, hotels receive their funds in only one business day, as opposed to transactions handled through the bank, as many banks hold international funds for up to two weeks.

To find out more about GuestLeader, the world¹s first and only Bitcoin compatible booking engine, or to arrange an interview with REVPAR GURU and BitPay, please contact Andrea Carr at acarr@revparguru.com.

REVPAR GURU helps hotels to analyze complex data - including historical rates, the rates of competing properties in the same destination, pricing trends and environmental factors - to determine the right rate, at the right time, to secure the highest number of bookings. REVPAR GURU's system calculates room rates up to a year in advance, and continues to update the rates automatically multiple times every day as factors change, across all online channels ¬ including OTAs and direct channels. To compliment this unique system REVPAR GURU also offers an Automated Reservation Delivery software and an Advanced Booking Engine, which now accepts Bitcoins. In short, helps hotels to increase their occupancy and their revenues. It's just that simple.

Headquartered in Miami, Florida, additional information can be found at www.revparguru.com or by calling +1.786.478.3500.

About BitPay
BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for the Bitcoin digital currency. Visit https://bitpay.com.
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