Lighthouse, a leading hotel technology solution provider, has secured a $370 million growth investment from global investment firm KKR. This funding, deployed through KKR’s Next Generation Technology III Fund, will support Lighthouse’s product innovation, acquisitions, and global expansion efforts. Lighthouse offers a comprehensive platform that provides real-time data, market insights, competitive intelligence, and AI-powered pricing recommendations for the hospitality industry. Serving over 70,000 hotels in 185 countries, Lighthouse has a high Net Promoter Score (NPS) and aims to enhance its data and AI capabilities with this investment. CEO Sean Fitzpatrick highlighted the importance of customers, team members, and investors in driving Lighthouse’s growth.
KKR’s investment in Lighthouse is in line with its strategy of supporting technology-focused growth companies. Lighthouse’s rebranding a year ago consolidated its products and acquisitions under a unified platform, expanding its vision beyond OTA insights. The company’s core products include Rate Insight, Market Insight, Benchmark Insight, and others. Its recent launch of Smart Compset and Smart Summaries further highlights its commitment to innovation and providing dynamic solutions for the hospitality industry.
With this significant investment and strong product portfolio, Lighthouse is poised for continued growth and leadership in the hospitality technology market. As the industry increasingly relies on data-driven insights and AI-powered solutions, Lighthouse stands ready to empower hotels to navigate market complexities, enhance guest experiences, and maximize revenue generation.
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