Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking Business

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Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking Business
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Airbnb wants to become the go-to place for anyone booking a trip—even if they want to stay in a hotel by bizcarson

In this Monday, March 13, 2017, photo, Airbnb co-founder and CEO Brian Chesky is interviewed during a luncheon meeting of the Economic Club of New York. Airbnb wants to become the go-to place for anyone booking a trip—even if they want to stay in a hotel. The company, which built a business valued at $31 billion by matching travelers to homeowners with a room to spare, said Thursday it plans to acquire last-minute booking platform HotelTonight.brand, including its website and booking app.

with the hotel industry for years. Even as Airbnb and the hotel industry have waged acrimonious fights in cities like New York over the past 10 years, it has gradually warmed up to at least the boutique and luxury hotel industry. In February 2018, that hotels would be a separate category on its website. At the time, it already had 24,000 boutique hotel rooms and over 180,000 B&Bs. Those numbers have more than doubled in the past year, according to Airbnb.of being a go-to for more than just bespoke vacation homes or shared apartments. Started in 2010 by Shank, a travel entrepreneur, HotelTonight became known for offering great deals on last-minute hotel bookings via its website and app.

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