Duetto Acquires HotStats in 2025 to Boost Hotel Profit Solutions
DUETTO, A REVENUE management software company, acquired HotStats, a hotel benchmarking and financial reporting company. The acquisition supports Duetto’s aim to provide hoteliers with a view of top-line revenue and performance across rooms, F&B and ancillary services.
The acquisition also reflects Duetto’s focus on expansion under GrowthCurve Capital, which acquired the company last year, Duetto said in a statement.
“We’re thrilled to welcome HotStats into the Duetto family,” said David Woolenberg, Duetto’s CEO. “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.”
HotStats’ focus on hotel profitability benchmarking supports Duetto’s mission to unify all revenue streams under one platform, the statement said. The partnership will provide hoteliers with a view of overall profits to support data-driven decisions and operational efficiency.
Michael Grove, HotStats’ CEO, said Duetto’s focus on revenue and profit optimization aligns with HotStats’ emphasis on financial insights.
“We see enormous potential in joining forces, extending our impact to help hotels identify opportunities to improve efficiency, meet customer demand, and optimize profitability across all areas of their operations,” he said.
Jonathan Langston, HotStats’ founder and retiring chairman, said HotStats has led in profitability benchmarking, and its next phase with a hospitality technology provider is a natural step.
By using analytics, reporting and a product suite, Duetto is a single source for revenue and profitability metrics. HotStats will operate as a subsidiary of Duetto under the name HotStats, a Duetto company, with the entire team joining as part of the transaction.
In January, Duetto’s 2025 hospitality trends report said hoteliers must adopt new technology to stay competitive amid rising costs, AI, personalization, changing revenue metrics, and growing data demands.
