Airbnb finalizes HotelTonight acquisition

|About: Airbnb, Inc. (AIRB)|By:, SA News Editor

Airbnb (AIRB) closes its purchase of last-minute hotel booking platform HotelTonight.

Reports on the previously announced acquisition put the price tag around $400M, but AIRB hasn't confirmed. HotelTonight was last valued at $463M during a 2017 private funding round.

Previously: Airbnb confirms plans to acquire HotelTonight (March 7)

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