United Kingdom
United States
Asia Pacific
Airbnb buys last-minute hotel booking site
Airbnb has snapped up last-minute hotel booking platform HotelTonight for an undisclosed sum.
It is thought to have paid close to HotelTonight’s market valuation, which was estimated at $463 million last year. The company has raised a total of $126 million from investors.
Like Airbnb, the hotel booking site is based in San Francisco. When the deal is finalised, it will continue to operate as a standalone business with CEO Sam Shank reporting to Airbnb’s president of homes, Greg Greeley.
The company offers late bookings for unsold rooms in the Americas, Europe and Australia, in mostly independent and boutique properties.
Airbnb says same-day bookings on its own platform are up 200% year on year.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Boy falls to death on cruise ship
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel