Hotel technology solution provider Lighthouse has secured a $370 million growth investment from global investment firm KKR, boosting the company’s efforts in product innovation, acquisitions, and global expansion. Lighthouse offers a suite of tools for the hospitality industry, leveraging AI to provide real-time data, market insights, and pricing recommendations. The investment will accelerate the development of data and AI capabilities, as well as support geographic expansion to better serve existing customers and reach new markets.
KKR’s investment aligns with its strategy of supporting technology-focused growth companies, leveraging its extensive industry experience and global network. Lighthouse’s previous $80 million Series B funding round, completed in November 2021, saw participation from existing investors demonstrating confidence in its potential. Lighthouse, formerly known as OTA Insight, underwent a rebranding to consolidate its products and acquired companies under a single commercial platform, reflecting its expanded vision and capabilities.
The company’s core products include rate shopping, market demand monitoring, performance benchmarking, room price parity tools, BI solutions, AI-powered pricing recommendations, and analytics for optimization. Lighthouse recently launched Smart Compset and Smart Summaries features to enhance competitive insights and daily performance summaries. With a strong track record, diverse product portfolio, and commitment to innovation, Lighthouse is positioned for continued growth and leadership in the hospitality technology market. The investment from KKR will play a key role in empowering hotels to maximize revenue generation and enhance the guest experience through data-driven insights and AI-powered solutions.
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