Category Archives: greg greeley

Airbnb agrees to acquire last-minute hotel-booking app HotelTonight

As Airbnb gears up for its big leap into the public markets, it’s expanding its accommodations platform to include more than just treehouses and quirky homes. Today, the company has confirmed its intent to acquire HotelTonight, the developer of a hotel-booking application that lets travelers arrange last-minute accommodations. The deal was previously reported by The Wall Street Journal, which wrote in January that negotiations for the transaction had “gone cold.” Airbnb is expected to complete an initial public offering as soon as this year, though co-founder and […]

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Amazon exec Dave Stephenson tapped to lead Airbnb to the public markets

Airbnb has completed a much-needed hire ahead of its rumored 2019 initial public offering. The hospitality giant has brought on as its chief financial officer Dave Stephenson, a long-time Amazon vice president and former president of Big Fish Games. Stephenson replaces the company’s head of global financial planning and analysis, Ellie Mertz, who served as interim head of finance as Airbnb searched for its replacement for former CFO Laurence Tosi. Tosi, who had previously led finance at The Blackstone Group, left Airbnb in February to focus on his […]

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