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...
Last-minute travel app HotelTonight books $23M in funding
Last-minute hotel booking is proving to be big business for HotelTonight, a one year-old San Francisco-based startup that just closed $23 million in additional funding. — Launched in 2011, HotelToni...