Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

skift.com

So how much is Airbnb shelling out to acquire HotelTonight? The deal price was a little more than $400 million, with about half in cash and half in stock, which comes in at slightly less than the latest valuation of the last minute booking hotel company. A good deal for AirBnB (and probably HotelTonight considering the stock component), the company is certainly cementing itself as the one stop shop for all things travel experience ahead of the coming IPO.

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