Lighthouse Acquires The Hotels Network, Its First Deal Since Raising $370 Million: Exclusive

Lighthouse was among multiple business-to-business travel companies that collectively raised billions of dollars last year in part to fund acquisitions and generate growth.

Lighthouse, a tech platform meant to help hotels drive revenue, has made its first acquisition since raising $370 million last year.

The company acquired The Hotels Network, a Barcelona-based tech company focused on marketing and distribution for hotels. The deal means a new offering is coming to the Lighthouse platform.

The Hotels Network has more than 20,000 hotels in its client portfolio, including brands Minor Hotels, One&Only Resorts, H World International and Preferred Hotels & Resorts. All 140 employees and founders are joining Lighthouse, growing the company to more than 850 employees.

“This is the biggest acquisition we have made, both in terms of the size of the