Nigerian luxury shortlet, George Residence announces bitcoin acceptance

by | Apr 23, 2021

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

George Residence has just become the first Nigerian apartment-hotel to accept the cryptocurrency, Bitcoin, as a means of payment.

Starting this week, guests at the luxury shortlet apartment will be able to make reservations and bookings using the world’s fastest growing currency.

DSC 7140 scaled

George Residence, which only came to the forefront of the Nigerian hospitality industry in 2020, says it decided to accept Bitcoin because it has all the benefits of FIAT currency, combined with advantages of electronic transactions, swift payment confirmations and no physical items to handle.

“Bitcoin permits our guests a faster and more secure way to enjoy the comfort we offer,” said the CEO, ‘Yanju George. “Our residents desire simplicity, and we are excited to be able to offer that to them.”

HBP09140 1 scaled

The shortlet will be partnering with top cryptocurrency brokerage firm, Coinnest Africa, which offers services that allow merchants to accept Bitcoin easily from anywhere across the world, at very minimal charges.

“It is clear to us that Bitcoin is the currency of the future and it is only right that we are strongly positioned, so we do not get left behind.” said ‘Yanju. “We are also making Bitcoin our primary reserve to hedge against fiat inflation.”

DSC 8439 HDR scaled

ABOUT GEORGE RESIDENCE

Located in the heart of Lekki Lagos, George Residence is Nigeria’s leading premium shortlet.

Since opening its doors in 2020, people have flocked to its unique and luxury experience, making it one of the biggest players in the Nigerian hospitality industry. George Residence plays host to celebrities, expats and business executives against the backdrop of state-of-the-art facility, affluence and palatial ambience.

George Residence is known for delivering an unforgettable and one-of-a-kind five-star hospitality experience. For more information, visit georgeresidence.com

Brand Press
Brand Press

This Brand Press article wasn’t written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More Brand Press

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap