From Wikipedia, the free encyclopedia
Hotel booking company
Hotel Tonight, Inc.
Type of site
Subsidiary of
Airbnb Founded December 2010; 13 years ago (2010-12 ) Headquarters
San Francisco, California Area served
United States ,
Canada ,
Mexico ,
Caribbean ,
United Kingdom ,
France ,
Spain ,
Germany ,
Italy ,
Australia ,
Japan Owner
Airbnb
Founder(s) Sam Shank Jared Simon Chris Bailey Industry
Hotel ,
Tourism
Services
Travel agency URL
hoteltonight .com
Native client(s) on
HotelTonight advertisement in New York City.
HotelTonight is a
travel agency and
metasearch engine owned by
Airbnb and accessible via
website and
mobile app . It is used to book last-minute
lodging in the
Americas ,
Europe ,
Japan and
Australia .
[1]
[2]
[3]
[4]
[5]
[6]
[7]
History
HotelTonight was founded in December 2010 by Sam Shank, Jared Simon, and Chris Bailey.
[8] When it first launched in January 2011, the mobile app was only available in the US and on Apple products.
[9] The app launched on Android devices in July 2011 and now includes cities in
Europe ,
Canada ,
Central America and
South America .
[10]
[11]
[12]
Fundraising
In May 2011, the company raised a $3.25 million
Series A round from
Battery Ventures ,
Accel Partners , and
First Round Capital .
[13] In November 2011, they raised $9 million from
Accel Partners ,
Battery Ventures , and
First Round Capital .
[14] In June 2012, a Series C round from
U.S. Venture Partners ,
Accel Partners ,
Battery Ventures , and
First Round Capital raised another $23 million.
[15] In September 2013, the company raised $45 million in a Series D round led by
Coatue Management , bringing its total funding to $80.5 million.
[16]
Operations
In October 2014, HotelTonight expanded from same-day only bookings to allowing users to book rooms up to 7 days in advance.
[17] In September 2018, they began allowing bookings through the website.
[18]
In March 2019, HotelTonight was acquired by
Airbnb for approximately $450 million in cash and stock.
[19]
[20]
[21]
References
^ Perlroth, Nicole (December 11, 2012).
"Wallflowers of Silicon Valley Get Asked to Dance" .
The New York Times .
^ Leo, Jen (February 20, 2011).
"Web Buzz: Hotel Tonight app alerts travelers to same-day deals" .
Los Angeles Times .
^ Brady, Paul (February 4, 2013).
"Mobile Booking Taking Off As Early Adopters Become Evangelists" .
HuffPost .
^
"Touch here for a bed" .
The Economist . February 4, 2013.
^ Cohen, Jennifer (January 7, 2014).
"Overwhelmed By Options? Try These 10 Must Have Apps for 2014" .
Forbes .
^ Kennedy, John (March 12, 2014).
"Co-Sign: How You Can Book Last-Minute Hotel Deals For SXSW Music" .
Vibe .
^ Van Grove, Jennifer (April 15, 2014).
"Same-day booking app HotelTonight predicts the future too" .
CNET .
^ O'Shea, Dan (April 26, 2011).
"How a New App Is Helping Hotels Fill Rooms" .
Entrepreneur .
^ O'Neill, Sean (November 22, 2012).
"A boom in same-day hotel booking apps" .
BBC News .
^ Price, Emily (June 20, 2012).
"HotelTonight Expands Into Europe, Now Offering Deals in London" .
Mashable .
^ Ha, Anthony (December 11, 2012).
"HotelTonight Expands To Continental Europe, Adds Language Support, And Launches Gift Credits" .
TechCrunch .
^ Mott, Nathaniel (April 26, 2012).
"HotelTonight Expands to Europe and Canada, Partners With Look.io for Better Robo-Human Relations" .
PandoDaily .
^
"HotelTonight Secures $3.25 Million Series A Funding from Battery Ventures, Accel Partners and First Round Capital" (PDF) (Press release).
Battery Ventures . May 10, 2011.
^ Rao, Leena (November 18, 2011).
"Battery And Accel Put $9M In App For Last-Minute Hotel Deals, HotelTonight" .
TechCrunch .
^ Ogg, Erica (June 5, 2012).
"With $23 million in new funds, Hotel Tonight is going global" .
Gigaom .
^ Shontell, Alyson (September 5, 2013).
"HotelTonight Raises A $45 Million Round Led By A Hedge Fund To Help You Book Cheap, Last-Minute Rooms" .
Business Insider .
^ LEE TREJOS, NANCY (September 26, 2014).
"HotelTonight to let guests book hotels next week" .
USA TODAY .
^ O'Neill, Sean (September 4, 2018).
"Mobile-First Booking Startup HotelTonight Expands to Desktop" .
Skift .
^ Griswold, Alison (March 7, 2019).
"Airbnb is buying into the hotel industry by acquiring HotelTonight" .
Quartz .
^ Ting, Deanna (March 7, 2019).
"Airbnb Is Buying HotelTonight: Here's What That Means" .
Skift .
^ Forman, Laura (March 11, 2019).
"Airbnb Wants to Be a Contender" .
The Wall Street Journal .
External links