Duetto Acquires HotStats to Further Accelerate Expansion in the Hospitality Software and Data Ecosystem

Apr 10, 2025 - 11:45
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Duetto Acquires HotStats to Further Accelerate Expansion in the Hospitality Software and Data Ecosystem
Duetto, a leading provider of revenue management software for the hospitality industry, today announced the acquisition of HotStats, a global leader in financial benchmarking for hotels. The acquisition accelerates Duetto’s ambition to become the definitive revenue and profit operating system for the hotel industry, equipping hoteliers worldwide with a differentiated view of both their top-line revenue and operating performance across rooms, food & beverage, and ancillary services.

San Francisco, CA —  Duetto, a leading provider of revenue management software for the hospitality industry, today announced the acquisition of HotStats, a global leader in financial benchmarking for hotels. The acquisition accelerates Duetto’s ambition to become the definitive revenue and profit operating system for the hotel industry, equipping hoteliers worldwide with a differentiated view of both their top-line revenue and operating performance across rooms, food & beverage, and ancillary services.

— Source: Duetto— Source: Duetto
— Source: Duetto
We’re thrilled to welcome HotStats into the Duetto family. 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 optimization. Together, we will reimagine what’s possible for hotel revenue and profitability. David Woolenberg, CEO of Duetto

HotStats’ core offering in hotel profitability benchmarking enriches Duetto’s mission to unify every revenue stream under one platform. This new partnership will give hoteliers a clear, actionable view of their overall profits, driving data-backed decisions that increase efficiency and elevate the guest experience.

Duetto’s commitment to reshaping revenue and profit optimization 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, optimize profitability across every facet of their operations. Michael Grove, CEO of HotStats
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. Jonathan Langston, founder and retiring Chairman of HotStats

This acquisition spotlights Duetto’s dedication to strategic expansion under the ownership of GrowthCurve Capital, which acquired Duetto last year. By developing and employing advanced analytics, robust reporting, and an ever-evolving product suite, Duetto affirms its status as a go-to partner for hotels seeking a unified source of truth for their revenue intelligence and profitability metrics. The entire HotStats team will be joining Duetto as part of the transaction.

Houlihan Lokey served as financial advisor and Orrick, Herrington & Sutcliffe served as legal counsel to Duetto. Gately plc served as legal counsel to HotStats. Terms of the transaction were not disclosed.

About Duetto

At Duetto, we create cloud-based software to unlock revenue and profit potential for hoteliers, leveraging our years of hospitality and technology experience.

Built with an Open Pricing methodology, we bring all your data together so you can capture dynamic demand, make optimal inventory decisions, and increase efficiency in real-time.

Globally trusted, more than 6,300 properties in 60+ countries are using our products. These include GameChanger for yielding and distribution, ScoreBoard for reporting and forecasting, BlockBuster for group business, Advance for real-time, 24/7 revenue management, and OpenSpace for function space optimization.

Named the world's #1 revenue management system in 2025, 2024, 2023, and 2022 in the HotelTechAwards, we're dedicated to becoming the revenue and profit operating system for the hotel industry.

Duetto — greater in every way.

For more information, please visit duettocloud.com.

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