Airbnb Acquires Last-Minute Booking Service HotelTonight
SAN FRANCISCO (AP) — Airbnb is acquiring last-minute booking service HotelTonight in order to boost its offerings. The two San Francisco-based companies announced the deal Thursday. Terms weren't revealed. HotelTonight co-founder and CEO Sam Shank will lead Airbnb's boutique-hotel category. HotelTonight will operate separately, offering discounted rooms for last-minute trips. It has partnerships with thousands of hotels in North and South America, Europe and Australia.
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