HotelTonight company logo

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hoteltonight.com

Founded Year

2010

Stage

Acquired | Acquired

Total Raised

$117.25M

Valuation

$0000 

Revenue

$0000 

About HotelTonight

HotelTonight is an online travel app that allows users to find discounted hotel accommodations throughout the Americas, Europe and Australia. Due to the last minute nature of the bookings, the app can offer discounts off the listed hotel rate.

HotelTonight Headquarter Location

901 Market Street Suite 310

San Francisco, California, 94103,

United States

800-208-2949

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Expert Collections containing HotelTonight

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

HotelTonight is included in 2 Expert Collections, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,487 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

T

Tech IPO Pipeline

286 items

Latest HotelTonight News

Here’s why Airbnb’s 2019 acquisition of HotelTonight could be key to its post-pandemic playbook

Apr 19, 2022

19 April 2022 Launched in January 2011, HotelTonight looked to popularize a part of the travel and leisure sector that its founders felt had been overlooked: last-minute and same-day bookings. The company quickly gained traction as it leaned into its mobile-first experience that resonated well with a younger, more cost-conscious demographic. Ultimately Airbnb acquired HotelTonight on its road to an IPO in March 2019 in a deal reported to be worth more than $400 million. Like many mobile-first, on-demand service-based companies started in the early 2010s, HotelTonight saw similarities with two of the biggest disruptors in that category. “That’s how the world is moving: with Uber, you push a button and get a car; with GrubHub, you push a button and you get food,” HotelTonight CEO and co-founder Sam Shank said during a June 2013 appearance on CNBC’s “ Squawk Box .” “With us, you push a button, and you get a place to stay,” he said. “We’re the app for on-demand shelter.” Launched in January 2011, HotelTonight looked to popularize a part of the travel and leisure sector that its founders felt had been overlooked: last-minute and same-day bookings. “The idea from the start was all about trying to bring the idea to the mainstream that spontaneous travel is just more fun and rewarding,” Jared Simon, the former COO and co-founder of HotelTonight, said in a recent interview. “At the outset, that was not a concept that was mainstream in the least, and we got a lot of pushback about the notion.”

  • When was HotelTonight founded?

    HotelTonight was founded in 2010.

  • Where is HotelTonight's headquarters?

    HotelTonight's headquarters is located at 901 Market Street, San Francisco.

  • What is HotelTonight's latest funding round?

    HotelTonight's latest funding round is Acquired.

  • How much did HotelTonight raise?

    HotelTonight raised a total of $117.25M.

  • Who are the investors of HotelTonight?

    Investors of HotelTonight include Airbnb, Accel, First Round Capital, Battery Ventures, U.S. Venture Partners and 12 more.

  • Who are HotelTonight's competitors?

    Competitors of HotelTonight include OYO Rooms, Holidu, One Night, Expedia, Hotelmize, Pruvo, Bidroom, ByHours, Sykes Cottages, HotelQuickly and 18 more.

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