Amadeus and Duetto Expand Partnership to Deliver Enhanced Market Insight
Leading hospitality revenue management service provider Duetto and Amadeus partner to provide more robust business intelligence to hoteliers looking to optimize their revenue strategies
The value and impact of revenue management systems have played an increasingly important role in helping hotels build a recovery plan in the face of changing market conditions caused by the pandemic. Hoteliers realize that access to forward-looking data has been essential to optimize pricing strategies. Amadeus‘ Demand360® solution, which provides 12-months of on-the-books, forward-looking data and 24 months of historical hotel occupancy data for more than 30,000 hotels globally, is the ideal partner to Duetto, enabling hoteliers to make smarter decisions and develop more effective revenue strategies.
Today, Amadeus and Duetto announce the extension of their data partnership. As a result, participating hoteliers can gain access to the breadth and depth of business intelligence provided by Amadeus’ Demand360 solution inside their Duetto Revenue Management System (RMS), enriching and improving decision-making for Duetto’s customer base of hotels and resorts. The expanded partnership will immediately benefit mutual customers, and from now on, will extend to participating hotels in Duetto’s entire base of customers.
“Amadeus’ Demand360 has been an essential business intelligence tool since its inception over a decade ago, evolving to drive revenue strategies in real-time for future stay dates,” says Lloyd Biddle, Director of Enterprise Solutions, Duetto. “Expanding the partnership between our two companies will better serve the interests of our mutual customers. The two-way data exchange will improve hotels’ revenue insight in both platforms, by providing a competitive edge to those who can anticipate market trends. It will also enhance the Duetto algorithms that produce system recommendations to Demand360 participating hotels for forecasting, pricing, and inventory controls.”
“With fiercer competition and leaner teams, revenue managers are managing multiple properties now rather than a single hotel,” comments Ahmed Youssef, EVP BI & Data Products, Hospitality, Amadeus. “This kind of data partnership will give revenue managers a more robust business intelligence framework that in turn will enable foolproof pricing strategies for the multiple properties they manage.”
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 4,000 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.