Duetto to Provide Revenue Strategy Solutions for Posadas

New York – Duetto, the market leader in hotel profit optimization technology, announced today that it will implement its Revenue Strategy solutions for Posadas, bringing new insights on pricing and demand to more than 145 hotels encompassing approximately 23,500 rooms in Mexico. Posadas is Mexico's largest hotel chain and is known for superior locations and guest experience, high-quality facilities, and outstanding guest technology.

"We are very happy to announce this agreement with Posadas, one of the premier hotel companies in Latin America," said Duetto CEO Patrick Bosworth. "The pace of change in the marketplace is accelerating, and Duetto's Revenue Strategy solutions bring flexibility to fully maximize revenue and manage distribution complexity. Posadas is an innovator in both guest service and loyalty, expanding its efforts to engage its most loyal customers even more effectively — and we are excited to bring a new level of insight and revenue optimization as we roll out our solutions at Posadas hotels throughout Mexico."

By adopting Open Pricing, a core element of Duetto's approach to price optimization, Posadas will now be able yield rates more rapidly and with greater flexibility, drawing on loyalty pricing to engage its most valued customers.

Enrique Calderón, Vice President of Posadas Hotel Operations, said: "For the Group, the Duetto partnership represents a great opportunity to advance in technological innovation, allowing us to further reinforce the business and operating strength across all our brands. We expect to continue to grow our average rates, through efficient processes that will allow us to accomplish our goal of doubling the number of Posadas hotels by 2020, taking advantage of economies of scale."

He concluded, "Duetto is a state-of-the-art Revenue Strategy tool, which leverages Big Data to customize and optimize rate strategy management and execution for every hotel in the group — a big advantage."

Duetto is rapidly expanding worldwide throughout Europe, Asia, Africa and the Americas. More than 1,000 hotels and casinos in more than 50 countries have partnered to use Duetto's Revenue Strategy solutions.

About Duetto

Duetto delivers the most powerful Revenue Strategy solutions to the world's leading hotels and casinos, allowing them to better manage pricing, revenue and business-mix decisions with superior, actionable data.

The unique combination of hospitality experience and technology leadership enables Duetto to provide new insights on pricing and demand as a true cloud-based software-as-a-service. With solutions that address the challenges of today's distribution landscape, Duetto's applications are a GameChanger — optimizing profit and guest loyalty.

More than 1,000 hotels and casinos in more than 50 countries have partnered to use Duetto's Revenue Strategy solutions.

About Posadas

Posadas is the largest hotel operator in Mexico, with 145 hotels and more than 23,500 rooms in beach and city destinations located throughout the country. Thanks to the positioning of its Live Aqua, Grand Fiesta Americana, Fiesta Americana, Fiesta Inn, Gamma, One and The Explorean by Fiesta Americana brands, Posadas is an internationally recognized Mexican company. Its leadership has been acknowledged by several organizations and publications, such as the International Association of Hotels & Restaurants, which ranks Posadas among the top 70 hotel operators in the world. Posadas also owns Fiesta Rewards, the biggest loyalty and reward program in Mexico; two long-term vacation membership programs: Fiesta Americana Vacation Club and Front Door Leisure Residences, a private residential club; and KIVAC, a point-based vacation program. Posadas has been listed on the Mexican Stock Exchange (BMV) since 1992. For further information, please visit: www.posadas.com

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Revenue Management