Articles tagged “hoteltonight”

Hotels

Airbnb Outlines 2021 Vision After Weathering $4.6 Billion Pandemic Year Loss

Airbnb CEO Brian Chesky said what the company's customers really want are unique stays and experiences offered by individual hosts. That means expanding Airbnb's hotel business doesn't seem to be the priority it once was. And, oh yeah, the proliferation of corporate hosts like Sonder and others, doesn't mesh with what Chesky believes travelers desire.

Dennis Schaal, Skift | 7 months ago

Mergers and Acquisitions

HotelTonight Investors See Huge Gains on Airbnb IPO

You can't make this stuff up. Airbnb's payout to HotelTonight of 3.2 million shares didn't appear very attractive when Airbnb's business almost collapsed in the spring. On paper, though, it's all looking very good right now.

Dennis Schaal, Skift | 9 months ago

Online Travel

Airbnb Rolled Up $809 Million in Acquisitions in 3 Years on Way to IPO

If Airbnb hasn't already devoted resources anew to HotelTonight and expanding its hotel business, the short-term rental giant assuredly will once it goes public. After all, in addition to Google, Airbnb sees online travel agencies, with their wide breadth of accommodations' offerings, as its most significant set of competitors.

Dennis Schaal, Skift | 10 months ago

Coronavirus

Airbnb CEO to Tech Platform Peers: Clean Up Your Own Content or the Government Will

The proverbial handwriting is on the wall for Airbnb, Facebook, Google, Tripadvisor, and Yelp, among others. The regulators are coming! The regulators are coming!

Dennis Schaal, Skift | 1 year ago

Hotels

New Owner Airbnb Will Not Dilute the HotelTonight Brand, CEO of Booking App Says

Airbnb’s focus on adding independent hotels instead of all-and-sundry is a smart approach. The vacation rentals company made more than $1 billion in revenue for the second quarter and intends to go public during 2020. It can't afford to meddle with the model.

Raini Hamdi, Skift | 2 years ago

Online Travel

Skift Global Forum Preview: Why Airbnb Turned to HotelTonight for Its Data Savvy

HotelTonight's acquisition by Airbnb last March represented a happy outcome, but it wasn't inevitable. Back in 2015, HotelTonight faced layoffs and fundraising hiccups. Here, co-founder and CEO Sam Shank shares some of the ways he got his company back on track.

Sean O'Neill, Skift | 2 years ago

Meetings

Why Is Airbnb Still Missing the Mark With Corporate Event Planners?

Airbnb keeps on improving its business travel platform. So when will the events industry finally take advantage of it?

Isaac Carey, Skift | 2 years ago

Hotels

Airbnb Tests Hotel Integration by Adding Some HotelTonight Partners

It will be tremendously complex for Airbnb to transition from an alternative accommodations site into one that also offers lots of hotels. The coming business model changes and technology challenges will get sorted out, but it will be rocky for quite some time.

Dennis Schaal, Skift | 2 years ago

Hotels

Airbnb Will Invest Up to $200 Million in India’s Budget Hotel Chain Oyo

So it's finally confirmed. Airbnb is investing up to $200 million in India's budget hotel chain Oyo, a deal that India Oyo observers say has big upsides for both companies.

Raini Hamdi, Skift | 2 years ago

Online Travel

What Happened to the HotelTonight Clones?

In light of Airbnb buying HotelTonight, Skift looks back at the many copycats of the mobile-first hotel booking agency. Where are they now?

Sean O'Neill, Skift | 2 years ago