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REVENUE MANAGEMENT
Segmented Revenue Strategy Delivers Success for Noble House
Teams are freed up to spend more time focusing on strategy and compression nights, than reporting and data entry. The combination of machine and human insights helps build profitable, demand-based strategies.
Open Pricing: Many of the Noble House properties have multiple room types and as such, they needed a system that enabled them to yield all segments, room types, and distribution channels independently and in real-time. Room-type pricing strategies have proved very successful.
Flexible Segmentation: As traveler patterns change and business travel slowly returns in a new ‘bleisure’ format, flexible segmentation enables Noble House properties to constantly adapt to changing market needs.
"Our goal is to make lasting improvements so we can grow the business the right way. The long-term gains of having one streamlined platform that all our properties use will be very beneficial. And it really makes our lives a lot easier."
Ian McClendon
General Manager at The Edgewater Hotel, part of the Noble House Hotels & Resorts portfolio.
"Our goal is to make lasting improvements so we can grow the business the right way. The long-term gains of having one streamlined platform that all our properties use will be very beneficial. And it really makes our lives a lot easier."
VP, Revenue Management & Distribution, Noble House Hotels & Resorts` Darrell Stark said, about their decision: "There are a couple of things that really separate this product. One is the ease of use. And then there is tracking that can be embedded into a booking engine, which provides essential data that was not available before Duetto. Having the ability to track and understand what is happening in the funnel, has been a big game changer for us."
Konai Kai Resort & Spa – RevPAR up 14%, ADR up 10%
Portofino Hotel & Marina - RevPAR up 29%, ADR up 2%
The Edgewater – RevPAR up 42%, ADR up 10%
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