Duetto acquires HotStats to expand hotel metrics

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.”