Luxury hotel innovator leverages cloud-based price optimization capabilities for key markets in Germany and Austria.
BERLIN – Duetto, the market leader in hotel profit optimization technology, announced 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.
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