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New Deal


Announced

Completed

Airbnb acquired HotelTonight, expanding its hotel-booking business.

Financials

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Transaction Value-
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Capital Bid For100%
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Tags

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online hotel booking

Private

Acquisition

Online and Social Platforms

online hotel bookings

United States

Venture Capital

Friendly

Completed

Private Equity

Single Bidder

Synopsis

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Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers. Financial terms were not disclosed. The acquisition of HotelTonight accelerates Airbnb work to build an end-to-end travel platform that serves everyone, meeting enormous demand from—and for—boutique hotels. "Working with the incredible team at HotelTonight, we will offer guests an unparalleled last-minute travel experience that provides unique, memorable hospitality on every trip, on any schedule, at any time." Brian Chesky, Airbnb Co-Founder, CEO and Head of Community.

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