10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Duetto acquires financial benchmarking platform HotStats 

  • Eloise Hanson
  • 14 April 2025
  • 2 minute read
Total
0
Shares
0
0
0

This article was written by Boutique Hotel News. Click here to read the original article

image

Reading Time: < 1 minute

Worldwide: Revenue management software Duetto has acquired financial benchmarking platform HotStats.

While terms of the transaction were not disclosed, the entire HotStats team will be joining Duetto as part of the deal.

HotStats provides hotel owners, operators, and investors with insights into the financial performance of their properties against competition. 

The company’s acquisition by Duetto will help to unify revenue streams – including rooms, food and beverage and ancillary services – under one platform. 

“We’re thrilled to welcome HotStats into the Duetto family,” said David Woolenberg, CEO of Duetto. “By augmenting our existing suite of solutions with HotStats’ industry-leading financial benchmarking data asset, we’re able to deliver the industry’s most comprehensive solution for driving revenue and profit optimisation. Together, we will reimagine what’s possible for hotel revenue and profitability.”

Duetto supports more than 6,300 hotels, casinos, and resorts globally. The platform leverages real-time data, predictive analytics, and automation tools to optimise pricing and revenue strategies for its clients. The company acquired by private equity firm GrowthCurve Capital last year. 

Michael Grove, CEO of HotStats, said: “Duetto’s commitment to reshaping revenue and profit optimisation resonates strongly with our complementary focus on actionable financial insights. We see enormous potential in joining forces, extending our impact to help hotels identify opportunities to improve efficiency, better meet customer demand, optimise profitability across every facet of their operations.” 

Adagio expands into Luxembourg with new aparthotel
Trending
Adagio expands into Luxembourg with new aparthotel

Jonathan Langston, founder and retiring chairman of HotStats, added: “HotStats has long been a pioneer in profitability benchmarking, and it is only fitting that the next stage of its evolution will be with an equally visionary hospitality technology provider.”

Houlihan Lokey served as financial advisor and Orrick, Herrington & Sutcliffe served as legal counsel to Duetto. Gately plc served as legal counsel to HotStats.

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Innovation

The strategic imperative of agentic AI in hotel distribution

  • Automatic
  • 5 August 2025
View Post
  • Innovation

Why Hotel Brands Are Turning to Digital Twins to Solve Their Toughest Operational Challenges

  • Automatic
  • 4 August 2025
View Post
  • Innovation

Saudia now using Apple tech to help…

  • Travel Weekly Group Ltd
  • 4 August 2025
View Post
  • Innovation

Dubai Airports launches new smart pickup…

  • Travel Weekly Group Ltd
  • 4 August 2025
View Post
  • Innovation

Belgian wellness hotel achieves digital harmony with STAAH

  • Nashi Dasgupta
  • 3 August 2025
View Post
  • Innovation

Hilton, Wyndham smell the rose-tinted spectacles

  • NewDog PR
  • 3 August 2025
View Post
  • Innovation

OYO Taps IBS Software to Power Global Tech Overhaul

  • Automatic
  • 2 August 2025
View Post
  • Innovation

Painless Parking: Towne Park’s Tech-Enabled Solutions Enhance Guest, Employee, and Owner Satisfaction 

  • Ellen Meyer
  • 1 August 2025
Sponsored Posts
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ

    View Post
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
Last Posts
  • The strategic imperative of agentic AI in hotel distribution
    • 5 August 2025
  • Full Programme For Inaugural Edition Of Fari Islands Festival At Patina Maldives And The Ritz-Carlton Maldives Unveiled
    • 4 August 2025
  • Elegant Hotel Collection Grows Portfolio with Performance-Led Luxury Model
    • 4 August 2025
  • Flagship Steigenberger Icon Europäischer Hof Baden-Baden reopens its doors
    • 4 August 2025
  • Why Hotel Brands Are Turning to Digital Twins to Solve Their Toughest Operational Challenges
    • 4 August 2025
Sponsors
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.