Airbnb buys HotelTonight, makes further inroads into hotel booking

Airbnb buys HotelTonight, makes further inroads into hotel booking

The logos of Airbnb Inc. sit on banners displayed outside a media event in Johannesburg, South Africa, on Monday, July 27, 2015. Photographer: Waldo Swiegers/Bloomberg

Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering.

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