Does it make sense? I thought HT was on the verge of folding
- New SuckerborgDon’t know how much they paid but ya HT was going under. So doubt the price is good, meaning employees probably got nothing.
- Airbnb RealSlimSYes. Airbnb primarily bought it because there’s a huge demand for last-minute stay booking with small supply of hosts who can host last-minute bookings, and HT has the opposite problem as their consumer branding isn’t as well known to guest who have the demand, but they have a huge last-minute supply of boutique hotels partners who can handle last-minute booking.