Skip to content

Search

Latest Stories

Duetto acquires HotStats to expand hotel metrics

HotStats will operate as a Duetto subsidiary, with the full team joining as part of the deal

Duetto and HotStats teams at 2025 acquisition announcement

Duetto, a revenue management software provider, acquired HotStats, a hotel benchmarking company, to expand its hotel revenue and performance tracking across rooms, F&B and ancillary services.

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.

More for you

Fed interest rate July
Photo credit: Chip Somodevilla/Getty Images

Fed holds rates steady despite Trump pressure

Summary:

  • The Federal Reserve held interest rates steady and gave no signal of a September cut.
  • Developers and brokers are calling for lower borrowing costs to unlock supply and revive stalled deals.
  • The Fed’s decision followed surprise news that the U.S. economy grew 3 percent in Q2.

THE FEDERAL RESERVE held its key interest rate steady and gave no indication of a cut in September, despite growing pressure from President Trump and his Fed appointees, USA Today reported. The July 30 decision keeps the Fed’s benchmark rate at 4.25 percent to 4.5 percent for a fifth straight meeting.

Keep ReadingShow less
Peachtree Group loan
Photo credit: Peachtree Group

Peachtree backs $42M loan for AFC deal

Summary:

  • Peachtree provided a $42 million floating-rate loan to Banyan Street Capital for the acquisition and repositioning of Atlanta Financial Center in Buckhead.
  • The deal delivers capital at a reset basis, with comps pricing 98 percent higher, reflecting strong collateral and execution.
  • It recently launched a $250 million fund to invest in hotel and commercial assets mispriced from market illiquidity.

PEACHTREE GROUP PROVIDED its first mortgage loan to Banyan Street Capital for the acquisition and repositioning of the 914,774-square-foot Atlanta Financial Center in Buckhead, Georgia. Peachtree said the office sector is at an inflection point, similar to the retail segment previously.

Keep ReadingShow less
Trump’s Proposed Visa Fee Threatens Seasonal Hospitality Workforce

Report: Trump visa fee sparks summer staffing fears

Summary:

  • Trump’s proposed $250 Visa Integrity Fee faces pushback from groups relying on seasonal J-1 workers from Latin America and Asia.
  • J-1 visa holders often work as housekeepers, amusement park staff, and lifeguards from pre-season through Labor Day; more than 300,000 use the visa annually.
  • DHS and the State Department have not clarified how the fee will be implemented or who qualifies for a refund.

A $250 VISA Integrity Fee in President Donald Trump’s Big Beautiful Bill is drawing criticism from groups that rely on seasonal workers from Latin America and Asia on J-1 and other visas, Newsweek reported. The organizations warn the cost, though sometimes refundable, could reduce the summer workforce that supports U.S. beach towns and resorts.

Keep ReadingShow less
Wyndham & Grubhub Offer Free Delivery to Guests & Staff

Wyndham, Grubhub offer free delivery to guests, staff

Summary:

  • Wyndham Hotels & Resorts is partnering with Grubhub to offer free product delivery to guests and staff at nearly 6,000 U.S. hotels across 20 brands.
  • A Grubhub account is required to activate the complimentary Grubhub+ membership; no credit card is needed and the membership does not auto-renew.
  • Wyndham recently deployed Elavon’s cloud payments interface to more than 6,000 U.S. and Canadian franchisees.

WYNDHAM HOTELS & RESORTS and Grubhub, an online ordering and delivery platform, will offer item delivery to guests and staff with no delivery fees and other benefits. The service is available at nearly 6,000 U.S. hotels across 20 brands, with orders placed through the Grubhub app on-site or by scanning a hotel QR code.

Keep ReadingShow less
U.S. Hotel Construction Hits 20-Quarter Low in June

CoStar: Hotel construction drops in June

Summary:

  • U.S. hotel rooms under construction fell year over year for the sixth straight month in June, hitting a 20-quarter low, CoStar reported.
  • About 138,922 rooms were under construction, down 11.9 percent from June 2024; the luxury segment had 6,443 rooms, up 4.1 percent year over year.
  • Lodging Econometrics recently said Dallas led all U.S. markets in hotel construction pipelines at the end of the first quarter, with 203 projects and 24,496 rooms.

THE NUMBER OF U.S. hotel rooms under construction declined year over year for the sixth straight month in June, reaching a 20-quarter low, according to CoStar. Additionally, more than half of all rooms under development are in the South, mostly outside the top 25 markets.

Keep ReadingShow less