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Luxury travel applies cryptocurrency payment methods globally.
Luxury travel companies like FXAIR and Virgin Voyages are now accepting payments in cryptocurrency, catering to the increasing demand from wealthy young people in the tech and startup sectors. This trend reflects a shift in luxury travel payments, focusing on speed, convenience, and security.
Flexjet Chairman, Kenn Ricci, stated that the demand from young entrepreneurs is substantial, prompting FXAIR to implement crypto. Companies like Jetcraft and FAI Aviation are also following suit, while Virgin Voyages allows purchasing cruises with crypto and some boutique hotels accept both Dogecoin.
Industry leaders believe that cryptocurrency is becoming an important tool in redefining the luxury experience. Mr. Jahid Fazal-Karim (Jetcraft) emphasized the need to adapt to global customers, while Alex Alexandrov (CoinPayments) views this as a milestone in expanding the application of digital assets.