Travelers in general are significantly more likely to own Bitcoin than the general public
. And notably, frequent travelers — those who travel at least five times a year — are more than twice as likely to own Bitcoin than the general public.
Travelers are significantly more likely to own Bitcoin than the general public. And frequent travelers are twice as likely.“While Bitcoin ownership may not necessarily translate to an increased appetite in using cryptocurrency to pay for travel, the correlation between frequent travel and Bitcoin ownership could point to opportunities for travel brands, which can position themselves as trailblazers by being early adopters of alternative payment methods,” writes Roeschke.
At least one-third of small to medium-sized businesses in the United States now accept Bitcoin as payment for goods and services, according to aBut, as of now, very few travel brands have expanded payment options beyond fiat currencies. No major hotel chain or airline permits crypto payments. In 2014, Latvian airline airBaltic became the world’s first carrier to accept Bitcoin, but the practice has not spread in the industry.
And since 2020, travelers have been able to choose between more than 30 cryptocurrencies to book more than 700,000 Expedia Group hotels onWill 2022 be the year when Airbnb or another major travel company hops on the crypto train? In November, Chesky hinted on
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