Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this years World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in fiat.
Nice opportunity, one more reason for me to consider travelling abroad and utilize my bitcoin holdings. It is certainly a good news for the bitcoin community that new places are accepting bitcoin payments as it will increase the awareness about bitcoins.
However, this can also come with some problems. What about the price functions ? Think about doing advance booking at current bitcoin rates and then he is asked to pay more at time of arrival due to prices changing. It can also affect the Hotel revenue in case there is major drop in bitcoin prices.