The Phoenix hotel that is the first in Arizona to accept Bitcoin will charge a $1.50 per night, or $10.50, to stay at the hotel.
The hotel is accepting the digital currency for the first time in Arizona.
“We believe that Bitcoin is a technology and we believe that it is a payment option for individuals who want to have a secure place to transact in a virtual world,” said Chris Wilson, CEO of The Phoenix Hotel Group, a group of hotels that operates three hotels.
“It will make it easier for them to spend their money.”
The Phoenix hotel will open its doors to guests starting July 25.
The Phoenix Marriott, a $20-a.commercially managed hotel, will be accepting Bitcoin at all of its hotels beginning July 29.
Wilson said the hotel will also accept Bitcoin for reservations and other reservations.
Wilson said the hotels that are accepting Bitcoin are looking at adding the service to their platform.
“This is the beginning of a new era in hotels and hospitality in Arizona,” he said.
Wilson, who is also the CEO of the Bitcoin company Mt.
Gox, said that the Phoenix hotel, like other Bitcoin hotels, will use a software platform to handle transactions.
Bitcoin is digital currency that has gained popularity recently because it has the potential to change the way people transact in the virtual world.
The Bitcoin protocol allows users to spend money without using a central authority like a bank or an exchange.
Bitcoin transactions are verified by computers around the world, with the goal of eliminating fraud.
“Bitcoin is a digital currency, and if it becomes accepted in hotels, it will open up the door to other businesses to use it for other purposes as well,” Wilson said.
“What’s exciting is that Bitcoin’s adoption is not confined to hotels.
It will be used by restaurants, restaurants will be using Bitcoin, and people will be able to pay for things online without having to pay a bank.”
He added that Bitcoin will also be used to pay rent in Arizona and other parts of the United States.
Wilson explained that the Arizona hotel will accept Bitcoin at two locations.
At the Phoenix Marriott hotel, the Bitcoin will be accepted at all the hotels.
At both locations, guests will need to have an online wallet or an online bank account to use Bitcoin.
The Phoenix Hotel is the only hotel in Arizona that is accepting Bitcoin.
The Arizona State Legislature passed a bill last year that would allow hotels to accept the digital currencies.
Wilson is not sure when Bitcoin will become legal in Arizona, but said it is possible that it could be in the future.
The Arizona Bitcoin Hotel, which Wilson said will have a similar model to The Phoenix, has not yet been set up for use.
Wilson hopes that other hotels will follow suit, allowing people to spend Bitcoin without paying the hotel or going through the hassle of signing up.
Wilson also said that The Phoenix will not be the first Bitcoin hotel in the country to accept it.
In January, the Arizona Hotel Association announced that the hotel chain would accept Bitcoin.