Airbnb Wanted Travelers To Stay In Homes. Now It's Buying HotelTonight.
You can already reserve rooms in boutique hotels, bed and breakfasts, hostels, and resorts on Airbnb; adding HotelTonight will make it easier for people to find hotels to stay in at the last minute when home hosts are already booked, the company said. “Nearly 90% of guests who first used Airbnb to book a hotel room and returned to our platform for a second trip then booked a home,” according to Airbnb.
“A big part of building an end-to-end travel platform is serving every guest, whether they plan their trip a year or a day in advance,” Airbnb CEO Brian Chesky said in a statement announcing the acquisition. With HotelTonight,"we will offer guests an unparalleled last-minute travel experience that provides unique, memorable hospitality on every trip, on any schedule, at any time.”
Airbnb has more than 5 million listings in 191 countries but it has been trying to fashion itself as an “end-to-end travel platform” before its IPO, which is widely expected to happen later this year. In 2017, for instance, it added “experiences”, letting people book cooking classes and guided tours, although it hasn’t really brought in a significant amount of revenue, according to a January
in the Wall Street Journal. The HotelTonight acquisition will increase the supply and diversity of rooms the company has to offer.Caroline O'Donovan · Dec. 20, 2018
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking BusinessAirbnb plans to acquire last-minute booking platform HotelTonight as it pushes deeper into the hotel booking business by bizcarson
Read more »
Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking BusinessWith HotelTonight deal, Airbnb now owns a business known for last-minute hotel discounts.
Read more »
Airbnb buys HotelTonight in deeper expansion into hotel-booking businessHome-renting company Airbnb has bought HotelTonight, an app for finding hotel ro...
Read more »
Airbnb is buying HotelTonight, its biggest acquisition yetHotelTonight offers last-minute hotel bookings, seeking to tap into unused inventory largely in urban areas. Airbnb said the company fits into its model.
Read more »
Airbnb to purchase HotelTonight
Read more »
Airbnb to buy HotelTonight as it battles hotels and online travel agenciesAirbnb is acquiring hotel booking site HotelTonight as it builds an expansion narrative ahead of an eventual IPO.
Read more »
The top 10 Airbnb destinations for spring 2019'Travelers are yearning for local exchanges in less frequented cultural districts over popular hotspots,' says Airbnb.
Read more »
Harley-Davidson buys electric bike maker for kidsHarley-Davidson just bougth StaCyc, a company that makes two-wheel electric bikes for young kids,
Read more »
Dwayne Johnson is buying his dad a house: 'Crazy how full circle life can come'Dawyne Johnson shared a touching video explaining a recent gesture he did for his father to show his thanks by buying him a house on Friday.
Read more »