Sam Shank founded HotelTonight a year and a half ago. Since then he’s raised $36 million from investors for his mobile app.
Hotel Tonight is available on Android, iPad and iPhone devices. It works with 1,500 hotels across 45 cities to bring heavily discounted room rates to mobile devices.
As the name suggests, the rooms are heavily discounted because they’re unsold inventory. For example, if you’re out with friends until all hours in New York City, you can pull up Hotel Tonight, find discounted room rates, and spend the night. Hotels would much rather you reserve rooms last minute than not at all.
Shank’s app has been downloaded 2 million times. We brought him into Business Insider’s office and learned more about his startup.
Produced by Daniel Goodman, Kamelia Angelova, Robert Libetti, and Will Wei
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