Hoteltonight Layoffs

In a company statement shared with the Business Times, founder and CEO Sam Shank said the decision was hard but “necessary,” adding that “HotelTonight is now a more streamlined and focused company.” San Francisco-based hotel booking app HotelTonight has laid off 37 employees — or around 20 percent of its staff.Nov 10, 2015

Recent News and Discussions About Hoteltonight Layoffs

HotelTonight Cuts 20 Percent Of Its Workforce – TechCrunch

HotelTonight Cuts 20 Percent Of Its Workforce

HotelTonight Cuts 20 Percent Of Its Workforce - TechCrunch
Nov 10, 2015 — HotelTonight CEO Sam Shank (pictured above) said the hotel booking startup laid off 37 employees today, 20 percent of its total workforce.


Exclusive: HotelTonight Is Up for Sale Following Layoffs – Skift

https://skift.com/2015/12/02/exclusive-hoteltonight-is-up-for-sale-following-layoffs/

Dec 2, 2015 — HotelTonight has put itself up for sale, according to a source who has knowledge of the circulation of the company’s profit and loss …


HotelTonight Lays Off 20% Of Staff – Fortune

https://fortune.com/2015/11/10/hoteltonight-layoffs/

Nov 10, 2015 — HotelTonight , the San Francisco-based maker of a hotel booking app, has laid off 37 employees, or around 20% of its staff.


From Burning Millions to Turning Profitable in Seven Months

https://review.firstround.com/from-burning-millions-to-turning-profitable-in-seven-months-how-hoteltonight-did-it

HotelTonight went from a monthly burn of $2.5 million to profitability — in just over … It’s human nature to want to postpone layoffs even a week or two, …


Last-Minute Booking Service HotelTonight Lays Off 20 Percent …

https://www.vox.com/2015/11/10/11620548/last-minute-booking-service-hoteltonight-lays-off-20-percent-of-staff

Nov 10, 2015 — HotelTonight , a company that offers last-minute deals on hotel … denied that increased competition is what induced the layoffs , saying, …


HotelTonight Rolls Back Staff | PYMNTS.com

https://www.pymnts.com/news/2015/hoteltonight-sacks-20-percent-of-workforce/

HotelTonight , a last-minute hotel booking service, announced this week that … These layoffs come on the heels of a weak Q3 performance by the startup and …


How HotelTonight Went From Burning Millions to Planning an …

https://www.bloomberg.com/news/articles/2016-08-23/how-hoteltonight-went-from-burning-millions-to-planning-an-ipo

Aug 23, 2016 — Shank sat on a stool at the bar area in HotelTonight’s San Francisco headquarters and promised the rattled survivors that no more layoffs …


Hotel Tonight faces off with Expedia, Priceline with advanced …

https://www.reuters.com/article/us-hoteltonight-bookings/hotel-tonight-faces-off-with-expedia-priceline-with-advanced-bookings-idUSKCN1BI197

Sep 7, 2017 — San Francisco-based Hotel Tonight , which has raised $115 million in venture capital, spent much of last year cutting losses through layoffs …


Airbnb buys HotelTonight in deeper expansion into hotel …

https://www.reuters.com/article/us-airbnb-m-a-hoteltonight/airbnb-buys-hoteltonight-in-deeper-expansion-into-hotel-booking-business-idUSKCN1QO2B4

Mar 7, 2019 — Home-renting company Airbnb has bought HotelTonight , an app for finding hotel … It spent much of 2016 cutting losses through layoffs and …


Airbnb Acquires HotelTonight to Expand Travel Portfolio

https://www.nytimes.com/2019/03/07/technology/airbnb-hotel-tonight.html

Mar 7, 2019 — The acquisition of HotelTonight, a service for travelers seeking … In 2015, HotelTonight laid off 37 employees, or 20 percent of its staff …


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