Case Study

Artyzen Hospitality Group sees pricing (r)evolution

Virjinia vassileva

Duetto · 十二月 12, 2024

Discover how Artyzen Hospitality Group transformed their revenue strategy by adopting our revenue management system (RMS). Through dynamic pricing, data accuracy, and operational improvements, they streamlined processes and positioned themselves for growth.

Why it matters: Artyzen faced challenges with their tiered best available rate (BAR) pricing, which used a manual score-based system to track seasonality. This approach missed opportunities for dynamic rate adjustments, limited flexibility, and consumed significant manual time.

The team recognized the need for a more flexible, automated, and data-driven approach. After exploring their options, our unique Open Pricing model proved to be the ideal solution.

Top 3 Core Objectives: Artyzen aimed to modernize their revenue strategy by implementing our solution to enhance operational efficiencies through data insights.

Streamline pricing: Transition from a tiered system to real-time, dynamic pricing to respond faster to market changes and demand fluctuations.
Enhance forecasting: Gain better insights into booking trends, market shifts, and revenue performance through advanced reporting and data analysis.
Automate decisions: Implement advanced automation for pricing strategies and inventory management to reduce reliance on manual adjustments and improve accuracy.

"Since implementing Duetto, we have not only optimized our pricing strategy and enhanced our forecasting processes and data-driven decision-making, but also adopted various automations. These advancements have significantly streamlined our operations, greatly supporting our efforts to drive profitability across our properties."

Donie Llenado

Area Director of Revenue and Reservations

👍 Area Director of Revenue and Reservations Donie Llenado said that Duetto’s advanced tools have enabled Artyzen Hospitality Group to achieve better forecast accuracy, smarter pricing decisions, and improved operational efficiency.:

"Since implementing Duetto, we have not only optimized our pricing strategy and enhanced our forecasting processes and data-driven decision-making, but also adopted various automations. These advancements have significantly streamlined our operations, greatly supporting our efforts to drive profitability across our properties."

⚖️ The selection process: During their research process, Donie Llenado evaluated Duetto's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that Duetto was the best fit solution:

Area Director of Revenue and Reservations Donie Llenado said, about their decision: "Duetto’s Open Pricing model and suite of solutions stood out to us for their innovation and adaptability. The combination of GameChanger and Scoreboard gave us the tools to optimize bookings and forecast revenue efficiently in a fraction of time, all while maintaining or even improving the accuracy."

📈 The results: Since implementing our RMS, Artyzen Hospitality Group has seen a transformation in how they manage pricing, inventory, and operations across their properties.

Dynamic pricing agility: By adopting our Open Pricing model, Artyzen Hospitality Group can now dynamically adjust rates in real-time based on market conditions, ensuring competitive rates.
Enhanced data: The brand is now analyzing booking trends and segment data with greater precision, monitoring performance more accurately.
Operational efficiency: Automation has streamlined workflows, such as pricing restrictions and inventory controls, saving time and resources while enabling data-driven decision making.