Lighthouse, a market intelligence platform, has acquired HQ Revenue, a Berlin-based company that also specializes in market data.
Terms of the deal were not disclosed, but the statement said the acquisition would “accelerate investment and innovation” for both the company’s bottom line and Lighthouse (formerly OTA Insight) customers.
This is the fifth acquisition for Lighthouse, which earlier this year announced the acquisition of Stardekk, allowing it to expand into the distribution space.
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“We are excited to partner with Headquarters Revenue as we share a shared commitment and passion for delivering innovative data, products and services to our customers and partners,” said Sean Fitzpatrick, CEO of Lighthouse. “There is,” he said.
“Our teams share the same mission and are passionate about helping hospitality companies make better commercial decisions to generate more revenue.”
The statement added that the headquarters’ revenue capture is part of Lighthouse’s strategy to integrate platforms to “deliver next-generation commercial platforms.”
Roland Henn, CEO of Corporate Revenue, added: “Our focus on delivering great products, great data, and great customer experiences has been the foundation of our success. By working with Lighthouse, we will expand this work and give our customers even more. We can bring value and expand our global footprint.”
