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Our Corporate Finance team advises HotStats Limited on their sale to Duetto

15 April 2025

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Our Corporate Finance team recently provided HotStats Limited lead advisory and tax support on its sale to Duetto, led by Jack Griggs, Corporate Finance Senior Manager and Phil Snell, Business Tax Partner.

HotStats Limited is a global leader in hotel performance benchmarking, providing in-depth financial and operational analysis across a wide range of hotels worldwide. Their specialist platform enables hoteliers to make data-driven decisions by offering valuable insights into profitability and performance.

Duetto is the leading revenue strategy platform for the hospitality industry, serving over 6,300 hotels, casinos, and resorts globally. The acquisition of HotStats accelerates Duetto’s vision to become the definitive revenue and profit operating system for the hotel industry.     

David Woolenberg, CEO of Duetto, commented: “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 optimisation. Together, we will reimagine what’s possible for hotel revenue and profitability.”

Michael Grove, CEO of HotStats Limited, commented: “I’m extremely grateful to Jack and Phil at James Cowper Kreston for their outstanding support. Their input was invaluable — bringing experience, clear strategic thinking, and exceptional responsiveness. Their advice was instrumental, and I would recommend James Cowper Kreston without hesitation.”

Jack Griggs, who led the transaction at James Cowper Kreston Corporate Finance, commented: “We are delighted to have supported HotStats Limited on this significant transaction. HotStats has built a strong reputation for benchmarking operational performance, while Duetto has long been the leader in top-line strategy. The acquisition brings together those complementary strengths to deliver the industry’s leading solution for revenue and profit optimisation – offering critical insights to the hospitality sector. It marks an exciting chapter in HotStats’ journey, and we look forward to seeing the team continue to grow and succeed under Duetto’s ownership.”