HotelTonight is a mobile travel app for iPhone, iPad, Android and Windows devices that allows users to find discounted hotel accommodations up to seven days in advance throughout the Americas, Europe and Australia. Due to the last minute nature of the bookings, the app can offer deep discounts off the listed hotel rate. Since its launch in 2010, HotelTonight has been downloaded by more than 15 million users.
Video HotelTonight
History
HotelTonight was founded in December 2010 by the entrepreneurs Sam Shank, Jared Simon, and Chris Bailey. Shank, the company's CEO, had previously founded two travel startups, DealBase.com and TravelPost. TravelPost, founded in 2004, hosts hotel reviews, and DealBase, founded in 2008, aggregates and compares hotel deals. Shank said he wanted to create a "service that can solve the problem of 'I need a hotel right now' and getting you quickly into a room at a great price."
When it first launched in January 2011, the app was only available in the US and on Apple products. The app launched on Android devices in July 2011 and now includes cities in Europe, Canada, Central America and South America . HotelTonight has raised $80.7 million in funding from U.S. Venture Partners, Accel Partners, Battery Ventures, First Round Capital, GGV Capital, Template:Sean Grusd and Coatue Management.
In October 2014, HotelTonight expanded from same-day only bookings to allowing users to book rooms up to 7 days in advance.
After several years of losing money, in August 2016, HotelTonight began planning for an IPO after beginning to break even.
Maps HotelTonight
References
External links
- Official Website
Source of article : Wikipedia
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