Designed by and for hoteliers, the new add-ons have been specifically built to answer the needs of hoteliers trying to gear up for re-opening or a resumption of business after running on low occupancies in recent months.
The two new features have been developed to enable revenue leaders to centralize control over their revenue strategy, while still empowering properties with pricing flexibility for their localized strategy.
Enterprise Rate Guidelines - This feature enables revenue teams to set scalable strategies and roll them out across regions or entire brand portfolios in minutes.
Min/Max - This helps revenue leaders control and safeguard automated price optimization. In addition, the data this delivers enables hoteliers to understand the true parameters of their pricing strategy.
These two new features enable teams to optimize using controlled automation. This controlled automation gives senior revenue teams certain control over rates, as they set pricing guidelines that relate to brand, property type and region, while empowering revenue managers to make adjustments within these parameters, pulling on their years of experience working in the field.
"As hotels start to rebound many revenue teams are going to be expected to do more with less," said David Wollenberg, CEO, Duetto. "The new GameChanger features will improve efficiencies, streamline the decision process and enable hotel companies to implement new strategies across their portfolio in a matter of minutes."
GameChanger is Duetto's pricing application. Its AutoPilot feature enables hotels to automatically optimize rates within their own, unique pricing guidelines. GameChanger lets revenue teams yield unlimited segments, channels and room types in real time. Enterprise Rate Guidelines and Min/Max bounds are new features offered free of charge to all GameChanger subscribers.
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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: 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.