If you鈥檙e looking for a last-minute hotel booking app, just acquired it. According to , Airbnb bought , its second announced acquisition in 2019. Terms of the deal were not disclosed.
In a statement to the Times, Airbnb CEO said 鈥渁 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.鈥 For now, Airbnb told the Times that HotelTonight will continue to operate as a 鈥渟tand-alone business.鈥
The HotelTonight deal marks Airbnb鈥檚 20th acquisition, according to 附近上门. HotelTonight raised nearly $127 million from investors. Previous rounds were led by investors like Accel and Battery Ventures.
Looking at Airbnb’s acquisition history, the HotelTonight deal is notable, but not out of left field. As far back as 2011, Airbnb acquired , a German company that helps students rent out their spaces to other students. It has also purchased , which offers personalized villas; , which zeroed in on micropayment services; and other competing marketplaces for rental homes like .

Yet none of these deals have come so close to Airbnb鈥檚 potential IPO, which we have written about before. What this does to the company鈥檚 timing of its public debut is anyone鈥檚 guess. But given that Airbnb has raised a known total of $4.4 billion, the travel rental giant likely has some cash, and time, to burn.
Stay up to date with recent funding rounds, acquisitions, and more with the 附近上门 Daily.


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