Combined Offering Expected During First Half of 2016
NEW YORK, 2016-Mar-04 — /Travel PR News/ — TravelClick, a global provider of innovative cloud-based solutions that enable hotels to grow revenue, and Duetto, a market leader in hotel and casino profit optimization technology, have joined forces to integrate TravelClick’s Demand360® data into Duetto’s GameChanger revenue strategy application to make Open Pricing an even more powerful tool in today’s complex distribution landscape. Hoteliers can further leverage Duetto’s core functionality that enables hoteliers to independently yield all segments, channels, offers and room types in real time with TravelClick’s unique insights into future demand by segment and channel.
Hotels that subscribe to TravelClick’s robust, market-leading business intelligence data, Demand360, can integrate its powerful data into Duetto’s GameChanger solution. Demand360 is the only intelligence product available to the hotel industry that provides visibility to future occupancy levels by segment and channel for a competitive set of hotels. Integrating this data seamlessly into Duetto’s solution will deliver advanced, real-time pricing recommendations to help hotels transform revenue strategy and drive more profitability. The integration is expected to be completed in the first half of 2016.
“We look forward to seeing mutual clients of TravelClick and Duetto benefitting from this important partnership,” said Greg Sheppard, Vice President, Business Intelligence Products, at TravelClick. “Duetto’s core value is in bringing powerful data sets to change how rate decisions are made, and there is no data that’s more powerful than TravelClick’s Demand360 solution. Integrating Demand360 into Duetto’s solution will not only transform hotels’ revenue management speed and accuracy, but it will also help to drive occupancy and optimize ADR.”
Patrick Bosworth, CEO and co-founder of Duetto, said, “The pace of change in today’s market demands greater flexibility and innovation to fully optimize revenue, manage distribution complexity and adapt to rapidly changing market conditions. Duetto is excited to join forces with TravelClick and integrate Demand360, an innovative and important solution, into our GameChanger application. This partnership is ultimately a win-win for customers, because combining such powerful demand data with Open Pricing enables hoteliers to stay further ahead of the curve in an increasingly competitive marketplace.”
TravelClick and Duetto hold confidentiality, security and legal policies with the highest regard. Hoteliers will only have access to data for their own properties and an aggregated view of their competitive sets. No individual competitive information will be shared.
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About TravelClick, Inc.
TravelClick (TravelClick.com) provides innovative cloud-based solutions for hotels around the globe to grow their revenue, reduce costs and improve performance. TravelClick offers hotels world-class reservation solutions, business intelligence products, and comprehensive media and marketing solutions to help hotels grow their business. With local experts around the globe, we help more than 38,000 hotel clients in over 160 countries drive profitable room reservations through better revenue management decisions, proven reservation technology and innovative marketing. Since 1999, TravelClick has helped hotels leverage the web to effectively navigate the complex global distribution landscape. TravelClick has offices in New York, Atlanta, Chicago, Barcelona, Bucharest, Dubai, Hong Kong, Melbourne, Myrtle Beach, Orlando, Ottawa, Paris, Shanghai, Singapore and Tokyo. Follow us on twitter.com/TravelClick and facebook.com/TravelClick.
About Demand360
Demand360 is TravelClick’s most comprehensive market intelligence product and the only product that provides near real-time insights into demand and selling rates of hotels on market-by-market basis. Today, Demand360 contains detailed multi-channel booking data for over 20,000 hotels which account for nearly $100 billion in annual room revenue. TravelClick aggregates and normalizes booking data from hundreds of sources daily which in turn provides sophisticated competitive market intelligence.
About Duetto
Duetto delivers the most powerful revenue strategy solutions to the world’s leading hotels and casinos, allowing them to better manage pricing, revenue and business-mix decisions with superior, actionable data.
The unique combination of hospitality experience and technology leadership enables Duetto to provide new insights on pricing and demand as a true cloud-based software-as-a-service. With solutions that address the challenges of today’s distribution landscape, Duetto’s applications are a GameChanger — optimizing profit and guest loyalty.
Thanks to rapid marketplace adoption, Duetto is expanding in key markets throughout the Americas, Europe and Asia. More than 1,000 hotels and casinos in more than 50 countries have partnered to use Duetto’s revenue strategy solutions.
TravelClick Media Contacts:
Danielle DeVoren / Caitlin Kasunich
KCSA Strategic Communications
212.896.1272 / 212.896.1241
ddevoren@kcsa.com / ckasunich@kcsa.com
Duetto Media Contact:
Michael Frenkel
MFC PR
212.808.6559
michael@mfcpr.com