Award Date

May 2023

Degree Type

Thesis

Degree Name

Master of Science (MS)

Department

William F. Harrah College of Hospitality

First Committee Member

Mehmet Erdem

Second Committee Member

Ozgur Ozdemir

Third Committee Member

Hyelin Kim

Fourth Committee Member

Makbule E. Anlamlier

Number of Pages

160

Abstract

Cryptocurrency payments (CPs) are an innovative technology that can disrupt the hospitality industry. However, studies on the antecedents of CP adoption are scarce. To bridge this gap, this study targeted Gen Y and Z, the potential primary user groups, to explore the determinants of intention to adopt CPs. A mixed-methods approach was used to capture the depth and breadth of understanding of factors that impact Gen Y and Z customers’ CP adoption intentions. Study 1, a qualitative study, was utilized to acquire contextualized components. In parallel, Study 2 used a quantitative approach to validate the proposed research model, which combined the unified theory of acceptance and use of technology with the innovation diffusion theory and incorporated the combined model with additional variables derived from Study 1. This study also examined generational differences as a moderator. Study 1 identified personal innovativeness and perceived risk as additional variables. Study 2 included CFA and PLS-SEM analysis, and the results showed that all the proposed factors, except social influence, have a significant impact on intention to adopt CPs. In addition, generational differences have a partial moderating effect. Findings, implications, and suggestions for future studies were also discussed.

Keywords

Blockchain Technology; Cryptocurrency Payments; Generation Y; Generation Z; Hotel Industry; Intention to Adopt

Disciplines

Business Administration, Management, and Operations | Marketing

Degree Grantor

University of Nevada, Las Vegas

Language

English

Rights

IN COPYRIGHT. For more information about this rights statement, please visit http://rightsstatements.org/vocab/InC/1.0/

Available for download on Friday, May 15, 2026


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