Lighthouse secures a $370 million investment from KKR to enhance its commercial intelligence platform for the travel and hospitality industry, aiming for global expansion and advanced product innovation.

Target Information

Lighthouse, formerly known as OTA Insight, is a premier commercial intelligence platform that caters to the travel and hospitality industry. The company offers a comprehensive suite of tools designed to assist revenue managers, commercial leaders, and accommodation owners in driving incremental bookings and streamlining operations. Lighthouse's platform utilizes proprietary technology to process over 400 terabytes of travel and market data daily, leveraging artificial intelligence to provide real-time insights, thus empowering customers to make informed operational decisions. With over 700 employees worldwide and an impressive Net Promoter Score (NPS) exceeding 70, Lighthouse has established itself as the leading provider in this sector.

The company aims to enhance the accessibility and affordability of hospitality data and tools. CEO Sean Fitzpatrick emphasizes the commitment to transforming commercial strategy in the $15 billion travel and hospitality technology market. This growth investment led by KKR is poised to accelerate Lighthouse's mission to innovate further in product offerings and facilitate strategic acquisitions and global expansion efforts.

Industry Overview

The travel and hospitality technology market is a dynamic sector that has been growing rapidly in recent years, fueled by technological advancements and the increasing demand for enhanced customer experiences. The industry encompasses a broad range of solutions, from property management systems t