Announced
Completed
Financials
Tags
online hotel booking
Private
Acquisition
Online and Social Platforms
online hotel bookings
United States
Venture Capital
Friendly
Completed
Private Equity
Single Bidder
Synopsis
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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