HotStats CEO: How Benchmarking P&L Data Is Changing the Future of Hotels
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So I think people are just trying to to get their heads around where the opportunities are going to be and you know uh some understanding of how to predict what's going to happen this year and and beyond.
We also help investors and um banks and and other the kind of money people in the industry um to keep an eye on what's happening from a from a wider level um and also right the way down to kind of buying and selling a hotel.
So you put those two ang those two things together and and that's the kind of superpower that I think duet and hot stats now now have and there's never trending in amounts of things that we can do with that.
I think there's a real opportunity there. um the place that we the part that we'll play in it certainly in the short term will be the fact that will be the place that you'll be able to manage your profitability for your and your performance for your um for your real estate class.
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HotStats CEO: How Benchmarking P&L Data Is Changing the Future of Hotels In an era where profitability is a growing challenge for the hospitality industry, data-driven decision-making has become the "superpower" for successful hotel operators. In this exclusive interview from the Atlantic Ocean Hotels Investors Summit, we sit down with Michael Grove, CEO of HotStats, to discuss their recent acquisition by Duetto and the future of hotel performance benchmarking. Michael explains why the industry must shift its focus from simple "room revenue" to a total revenue picture that manages every aspect of the P&L. Discover how the integration of HotStats’ deep profitability data with Duetto’s revenue management software is enabling hoteliers to optimize ancillary streams like wellness and F&B. We also explore the critical role of AI in removing mundane administrative "noise," allowing hotel staff to spend more time where it matters most: with the customer. Don’t miss these key insights into how technology can boost profitability while embracing sustainability for a greener future Do you think hotels should focus more on total revenue management or doubling down on room rates? Share your strategy in the comments below! 💬 If you’re in hotel investment, revenue management, or hospitality tech, LIKE this video 👍, SUBSCRIBE for more data-driven industry insights 🔔, and hit the bell for updates. 🎥 Other Recommended Videos / Playlists https://youtube.com/playlist?list=PL8lnsQMrJiEetixtqMjk3x_KBL1rECx-M&si=ApOHJW90uvEXdTiF https://youtube.com/playlist?list=PL8lnsQMrJiEclBq3cl9WKaRq4AmMVArVz&si=hV5dEHG4v4mrfuf3 https://youtube.com/playlist?list=PL8lnsQMrJiEcGMfdtLwx8U8tNCBcyESy6&si=zQC5cM1qPO62ioXs Travel And Tour World is more than a magazine – it’s a global trade communication platform for the travel and hospitality ecosystem. We provide digital publications, industry-specific reports, exposure at travel trade shows, and advertising solutions tailored for businesses in tourism, hospitality, airlines, cruise lines, and MICE sectors. We connect industry professionals with curated content that fosters new opportunities, strategic partnerships, and growth in international markets . Whether for brand visibility, networking, or thought leadership, TTW empowers global stakeholders to shape the evolving travel industry with innovation and collaboration. With this approach, Travel And Tour World continues to foster meaningful connections with the industry leaders contributing to the growth and success of the industry. Subscribe for weekly travel industry insights and exclusive content! #HotStats #HotelManagement #HospitalityData #TravelTech #HotelProfitability #Travel2026 #AIinHospitality #RevenueManagement #Duetto #TravelAndTourWorld #HotelManagement #AIinTravel #RevenueManagement #SustainabilityInHotels #HospitalityInnovation #HotStats #Duetto #ProfitabilityInTravel #TechForHotels #HotelTech #HotelInvestment #Hospitality #Sustainability #DataAnalytics #HotelProfitability #Duetto #HotStats #HotelBenchmarking #ESG #AInHospitality #HotelOperations 🔗 Website Link Visit us: https://www.travelandtourworld.com/ Connect With Us: 🔗 Facebook: https://www.facebook.com/ttwemagazine 💼 LinkedIn: http://www.linkedin.com/company/travel-and-tour-world 📸 Instagram: https://www.instagram.com/travelandtourworld 🎬 YouTube: https://www.youtube.com/user/TravelAndTourWorld