Airbnb Is Buying Last-Minute Hotel Room App HotelTonight, Giving Itself Pre-IPO Momentum

Airbnb is taking another step into the broader travel industry with a new expansion into boutique hotels. The company, which built its business on renting homes, has agreed to purchase HotelTonight for an undisclosed amount. A travel app that helps users find last-minute hotel rooms at discounted rates, HotelTonight was valued at $463 million in […]