Airbnb is buying HotelTonight, its biggest acquisition yet

  • 📰 latimes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 82%

United States News News

United States United States Latest News,United States United States Headlines

HotelTonight offers last-minute hotel bookings, seeking to tap into unused inventory largely in urban areas. Airbnb said the company fits into its model.

, seeking to tap into unused inventory largely in urban areas, and the app has been a travel-industry darling since it launched in 2010.

Airbnb said HotelTonight appealed to it because the company fits into Airbnb’s model and will help it cater to growing consumer demand for same-day bookings. HotelTonight’s app and website will continue to operate independently, but Airbnb will consider eventually integrating its boutique hotels and bed-and-breakfast listings onto its site. Once the acquisition is complete, HotelTonight founder and Chief Executive Sam Shank will report to Greg Greeley, Airbnb’s president of homes.

HotelTonight has leaned toward boutique hotels that offer quirky guest experiences with board games or pillow-fight kits in the lobby. “Hotels are catering to this idea of providing experiences, Instagram-able moments for millennials, and we help people get this for a great price,” Shank said during the October interview.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hmmm..... think I might just up the nightly rate of my AirBnB listing then

I've yet to find any real deals on the HotelTonight site. Why does the site even exist?

Bad News!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airbnb buys HotelTonight in deeper expansion into hotel-booking businessHome-renting company Airbnb has bought HotelTonight, an app for finding hotel ro... I absolutely love how this model is pricing me out of living in the neighborhood I’ve lived in for 15 years. Glad y’all are making extra money.
Source: Reuters - 🏆 2. / 97 Read more »

Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking BusinessWith HotelTonight deal, Airbnb now owns a business known for last-minute hotel discounts.
Source: Forbes - 🏆 394. / 53 Read more »

Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking BusinessAirbnb plans to acquire last-minute booking platform HotelTonight as it pushes deeper into the hotel booking business by bizcarson bizcarson Do you think they will stop forcing pregnant women to stay in hotels filled with toxic fumes?
Source: Forbes - 🏆 394. / 53 Read more »