Strategic acquisition combines financial benchmarking and AI-driven insights for comprehensive profitability solutions in hospitality
Apr 10, 2025
Duetto, a hotel revenue management specialist, has acquired HotStats, a UK-based hotel benchmarking company. This acquisition aims to enhance Duetto’s platform by integrating HotStats’ financial benchmarking data, allowing hoteliers to better understand both top-line revenue and operating performance across various hotel services. This deal will support Duetto’s mission to unify all revenue streams in one platform, contributing to more effective revenue and profitability optimization.
Key takeaways:
- Duetto acquired HotStats to integrate financial benchmarking data into its existing platform, offering comprehensive insights into hotel performance.
- HotStats, founded in 1997, specializes in hotel profitability benchmarking and market reports for hotel owners, operators, investors, and analysts.
- Duetto, founded in 2012, is a cloud-based system providing revenue management solutions, currently used by over 6,300 hotels globally.
- The partnership enhances Duetto’s ability to optimize pricing, forecasting, and demand while expanding its AI-driven strategy.
- Duetto was acquired by GrowthCurve Capital in June 2024 to accelerate its AI initiatives and growth.
- This acquisition follows Duetto’s earlier purchase of Micerate in February 2024, further strengthening its dynamic revenue management solutions.
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