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Airbnb is making what could be its biggest acquisition yet, plunging fully into the hotel space by acquiring HotelTonight, the provider of last-minute, boutique options for a night’s stay.The announcement further cements Airbnb’s transformation from a mere platform for wayward travelers looking for a spare room in an off-beat home into a full-fledged travel company that is increasingly similar to the hotel incumbents it began to replace more than a decade ago.
As said here by Theodore Schleifer