Half of all hotel bookings in the U.S. are made three days or less before arrival. The app Hotel Tonight helps last-minute travelers find deals on rooms. Last year, the company earned $300 million in gross booking volume. Hotel Tonight co-founder and CEO Sam Shank joins "CBS This Morning" to discuss the app.

Hotel Tonight CEO on last-minute lodging

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Go beyond the weekday broadcast with "The CBS Morning Podcast.” Listen to in-depth and insightful conversations with newsmakers, authors, executives, celebrities and CBS News reporters.  Subscribe to "CBS Mornings ON THE GO" for the all the news you need to know to start your day in less than 20 minutes.

Go beyond the weekday broadcast with "The CBS Morning Podcast.” Listen to in-depth and insightful conversations with newsmakers, authors, executives, celebrities and CBS News reporters.&nbsp;Subscribe to <a href="https://podcasts.apple.com/us/podcast/cbs-mornings-on-the-go/id1487204915" rel="noopener noreferrer">"CBS Mornings ON THE GO" </a>for the all the news you need to know to start your day in less than 20 minutes.

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Hotel Tonight CEO on last-minute lodging

Hotel Tonight CEO on last-minute lodging