The determinants of the adoption of cryptocurrencies in the tourism industry : Application to the case of hotel room reservations
Les déterminants de l'adoption des cryptomonnaies : application au cas des réservations de chambres d'hôtels
Résumé
While players in the tourism sector have demonstrated a growing interest in cryptocurrencies, only 8% of French people declared having already invested in cryptocurrencies in 2021. This research focuses on the determinants of the adoption of new cryptocurrency technology in the case of hotel room reservations on online platforms offer payment in Bitcoin by adapting the UTAUT model. A quantitative study carried out with 189 respondents residing in France shows that perceived usefulness, ease of use and perceived risk are major determinants of the intention to use cryptocurrencies. More surprisingly, the attitude towards new technologies does not have a significant effect on the intention to adopt this means of payment. These results highlight consumer gaps in understanding cryptocurrencies and specifically blockchain, the infrastructure that should negate the usefulness of cryptocurrencies to consumers as well as reduce their perceived risk. This research shows that tourism stakeholders who wish to democratize the use of crypto-assets must set up awareness-raising actions with travelers by insisting on the usefulness and security provided by this technology.
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