Airbnb confirms it has invested in Indian hotel startup Oyo; an industry source says the investment was between $150M and $200M
Airbnb is continuing to widen its focus beyond ‘unconventional’ hotels as it gets ready for a much-anticipated IPO. Following its acquisition of HotelTonight last month …
Source: Airbnb is paying a little more than $400M for HotelTonight, with about half in cash and half in stock
Dennis Schaal / Skift :
Airbnb says it is acquiring discount hotel booking app HotelTonight for an undisclosed sum; HotelTonight was valued at $463M in a March 2017 funding round
Pranav Dixit / BuzzFeed News :
Sources: Airbnb held informal talks to buy discounted hotel booking app HotelTonight; HotelTonight was valued at $463M in a March 2017 funding round
Wall Street Journal :
Standard International launches One Night, a same-day booking app, initially for select hotels in New York and Los Angeles
You won't find any major chain hotels in this app — HotelTonight or Expedia may be able to get you a room in a Hilton or Westin at the last minute …
HotelTonight expands its in-app concierge service, Aces, to 30+ cities
Fitz Tepper / TechCrunch :
HotelTonight lays off 37 employees, 20% of its workforce; CEO says firm is on track to be profitable next year
Anthony Ha / TechCrunch :
HotelTonight launches 7-day advance booking, adds weather forecast, theme browsing features
Moving Beyond Same-Day Bookings, HotelTonight Launches Its 7-Day Reservation System — HotelTonight is moving beyond the same-day hotel bookings that it's known for.
HotelTonight moving past same-day model to include 7-day advance booking as competition grows
HotelTonight Pivots Beyond Same-Day Booking As Competition Heats Up — HotelTonight is planning a major shift to its business model, moving from its same-day booking model to a more flexible offering...
HotelTonight sails past 3 million downloads, as it checks-in to 10 new cities across the US and UK
We first covered same-day hotel-booking app HotelTonight way back in early 2011, when it launched initially for iPhones. Well, a lot has happened since then.