Duetto, a prominent provider of revenue management software for the hospitality industry, has announced its acquisition of HotStats, a leader in hotel financial benchmarking. This strategic move furthers Duetto’s ambition to become the ultimate operating system for hotel revenue and profitability, delivering a holistic view of performance across rooms, food and beverage, and other essential services.
Why This Matters
HotStats’ expertise in profitability markings will now enhance Duetto’s offerings, helping hoteliers unify revenue streams under one platform. The partnership enables data-driven decision-making, improved efficiency, and enriched guest experiences.
Key Leaders’ Statements
David Woolenberg, CEO of Duetto, expressed his enthusiasm for the acquisition: “We’re thrilled to welcome HotStats into the Duetto family. This collaboration allows us to deliver the industry’s most comprehensive tools for revenue and profit optimisation. Together, we aim to reimagine what’s possible in hotel revenue and profitability.”
HotStats CEO Michael Grove added: “Duetto’s focus on reshaping revenue optimisation aligns perfectly with our commitment to actionable financial insights. Joining forces unlocks enormous potential to help hotels improve efficiency, meet customer demand, and maximise profitability across their operations.”
Strategic Growth and Vision
This acquisition highlights Duetto’s dedication to expansion under the ownership of GrowthCurve Capital, which acquired Duetto in 2024. Combining advanced analytics, robust reporting, and innovative product development, Duetto cements its status as a leader in the hospitality software ecosystem.
HotStats’ team will integrate with Duetto as part of this transaction, ensuring a seamless transition that benefits hoteliers globally. Legal advisors included Houlihan Lokey, Orrick Herrington & Sutcliffe, and Gately plc, although the terms of the acquisition remain confidential.
This collaboration marks an exciting new chapter in hospitality technology, equipping hotels with helpful tools to optimise both their revenue and operational performance.
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