Duetto Introduces New Revenue Management Tool
Thursday May 23rd, 2013 - 12:19PM MR
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
SAN FRANCISCO—Duetto launched its latest revenue management tool, Duetto Insight, which helps hoteliers of small and limited-service hotels forecast demand and optimize pricing.
Duetto Insight aims to offer simplicity in facing complex challenges seen as a result of the proliferation of distribution channels and shorter booking windows. According to Duetto CEO Patrick Bosworth, there is a mass of data available that impacts hotel demand and by pulling in new data sets, such as web shopping, review, airline, weather and macroeconomic data, Duetto Insight offers more accurate pricing decisions.
“The traction we have experienced with larger hotels globally has been tremendous,” Bosworth said. “Smaller hotels were the missing piece and have been largely ignored in terms of RMS solutions. These hoteliers were left with various life products and some garage-built application that strip out too much functionality to be useful until now.”
Tags: • Hospitality • Operational • Suppliers •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.