Luxury Hotel Innovator Leverages Cloud-Based Price Optimization Capabilities for Key Markets in Germany and Austria
BERLIN, March 6, 2017 /PRNewswire/ -- Duetto, the market leader in hotel profit optimization technology, announced today that it will implement its cloud-based Revenue Strategy application, GameChanger, for Ruby Hotels, a disruptive developer and operator of luxury hotels in key markets in Germany and Austria. Under the agreement, Duetto will provide unprecedented market intelligence and the benefits of Open Pricing to help Ruby Hotels better understand customer behavior, build and sustain direct business, and achieve price optimization for the rapidly growing brand. Ruby Hotels' current portfolio includes properties in Munich and Vienna, with further projects under construction in Hamburg and Dusseldorf and more projects in sight.
"We are very happy to announce this partnership with Ruby Hotels, one of Europe's most disruptive and forward-looking lodging companies," said Duetto CEO Patrick Bosworth. "Duetto's cloud-based GameChanger Revenue Strategy application provides the ability to fully optimize revenue, manage distribution complexity and scale quickly. We are excited to partner with Ruby, as we continue to work with the most forward-thinking and innovative brands across the globe."
By adopting Open Pricing, the core element of Duetto's GameChanger application, Ruby Hotels will now be able yield rates more rapidly and with greater flexibility, drawing on web shopping regrets and denials data to better measure price sensitivity.
"Ruby Hotels is an innovator which provides not only luxury at ease for guests, but also the benefits of the latest in technology for its customers, partners and associates," said Michael Patrick Struck, CEO and Founder. "Duetto's predictive analytics match our disruptive business model perfectly, and bring us the benefits of Open Pricing and the ability to forecast demand, better understand our customers and build direct bookings. We look forward to a great working relationship in the years ahead."
Duetto partners with many of the leading hotels and brands around the world. More than 1,500 hotels and casinos in more than 60 countries have partnered to use Duetto's applications, including GameChanger and its Revenue Intelligence application, ScoreBoard.
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 Revenue Strategy and Revenue Intelligence applications that address the challenges of today's hospitality industry, Duetto helps hotels and casinos optimize profits and guest loyalty.
Thanks to rapid marketplace adoption, Duetto is expanding in key markets throughout the Americas, Europe and Asia. More than 1,500 hotel and casino properties in more than 60 countries have partnered to use Duetto's Revenue Strategy and Revenue Intelligence platforms.
About Ruby Hotels & Resorts
The Munich-based hotel group RUBY HOTELS, led by founder and CEO Michael Struck, is breaking new grounds in the hospitality industry with their LEAN LUXURY philosophy. By having a lean organizational structure and concentrating on the essentials, RUBY manages to create a contemporary, affordable form of luxury for the modern, cost- and style-conscious traveler. The group already operates three hotels, with five more under construction. Financially strong partners support RUBY with the planned expansions. The Austrian Soravia Group (www.soravia.at), the investor Michael Hehn, a German family office, a private equity fund, and Michael Struck jointly hold the company shares.
Contact: Michael Frenkel, MFC