YOTEL, Duetto Enter Tech Partnership

Tech-driven hotel chain adopts cloud-based revenue strategy applications to drive profit

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27 February 2020

Duetto Research

San Francisco - YOTEL, the innovative global hospitality brand for smart, tech savvy travellers, has partnered with Duetto, a leading provider of cloud-based Revenue Strategy applications, to streamline its revenue processes and maximize profitability across its European operations.

YOTEL, renowned for its state-of-the-art approach to hospitality, is implementing Duetto's pricing application, GameChanger, and its solution for intelligent reporting, ScoreBoard, in eight properties across the globe, totaling 2,776 rooms.

Using GameChanger, which delivers real-time pricing optimisation, YOTEL will be able to deliver increased value to its guests with a competitive Open Pricing strategy that will also enhance the company's bottom line.

ScoreBoard will enable YOTEL teams, both on-property and at head office, to be able to quickly and efficiently produce forecasts, budgets and multi-property reports, helping to streamline operations and free up more time for strategy.

"YOTEL is a trailblazer when it comes to hospitality - pioneering the smart hotel and now leading the field with its robotic luggage concierge, YOBOT, in the US. We are excited about this partnership and look forward to working together on further innovations in hotel pricing and revenue strategy," said David Woolenberg, Chief Executive Officer of Duetto.

"We are thrilled to partner with Duetto - a company that is as forward-looking about the hospitality business as YOTEL. Our guest-facing product is innovative and technology driven, and it is therefore imperative that our back-of-house operations should be equally cutting edge," said Joe Pettigrew, SVP Commercial Strategy for YOTEL.

YOTEL operates properties in airports and cities around the world. Its YOTELAIR properties in Europe include London Gatwick, London Heathrow, Paris Charles De Gaulle and Schiphol. It also operates hotels in Edinburgh, Amsterdam and Istanbul, as well as properties in the US and Singapore. The brand will open five more hotels across Europe in the next nine months.

ABOUT YOTEL

Inspired by the luxury of first-class travel and uncompromisingly designed around guests, YOTEL takes the essential elements of luxury hotels into smaller, smart spaces and deliver extraordinary value and a sense of community with areas for co-working, social gatherings and exercise in sought after locations. Premium Cabins include YOTEL's signature adjustable SmartBedTM with rejuvenating rain showers and SMART TVs, multi power and USB points and easy connectivity.

YOTEL currently operates seven airport hotels in London Gatwick, London Heathrow, Amsterdam Schiphol and Paris, Charles de Gaulle, Istanbul Airport (2), Singapore Changi and six city centre hotels in New York, Boston, San Francisco, Washington D.C., Singapore and Edinburgh. YOTEL is expanding rapidly with new projects under development globally, including Amsterdam, Porto, London, Dubai, Geneva, Long Island City, Miami, Park City, Mammoth, Atlanta and Melbourne.

YOTEL's major shareholders include a controlled affiliate of Starwood Capital Group, the Talal Jassim Al-Bahar Group, United Investment Portugal and Kuwait Real Estate Company (AQARAT).

YOTEL was created by YO! founder Simon Woodroffe OBE, who inspired by first class travel, translated the language of luxury airline travel into a small but luxurious cabin (www.yo.co.uk).

Visit www.yotel.com for more information.

ABOUT DUETTO

Duetto delivers a suite of cloud applications to simplify hospitality revenue decisions and allow hoteliers to work smarter, increasing organizational efficiency, revenue, and profitability. The unique combination of hospitality experience and technology leadership drives Duetto to look for innovative solutions to industry challenges. The software as a service platform allows hotels and casino resorts to leverage real-time dynamic data sources and actionable insights into pricing and demand across the enterprise. More than 3,500 hotel and casino resort properties in more than 60 countries have partnered to use Duetto's applications, which include GameChanger for pricing, ScoreBoard for intelligent reporting and BlockBuster for contracted-business optimization. Duetto is backed by investors Warburg Pincus, Icon Ventures, Accel Partners, Battery Ventures and Spectrum 28. For more information, please visit https://www.duettocloud.com/.

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