Last-Minute Mobile Booking App HotelTonight Gets a Big $45 Million Round
Skift Take
HotelTonight's success to date is validation of at least two things: Going mobile-only from day one, and focusing on just one thing, hotels.
The mobile booking sector is hot in the investment community, even if Americans are still very early in its adoption. The last minute hotel booking app company HotelTonight, already red hot among investors, has secured another $45 million in funding, bringing its total take to a whopping $80.85 million.
That means that in less than three years, San Francisco-based HotelTonight, which prides itself on three-tap, same-day bookings on mobile devices for hotels in more than 100 destinations after an initial, one-time registration, has achieved a valuation likely in hund
