revenue management
GrowthCurve Capital Acquires Duetto
Duetto | June 27, 2024
San Francisco, CA – June 27, 2024 – Duetto (“Duetto” or the “Company”), a leading provider of revenue management software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. Terms of the transaction were not disclosed. Duetto offers innovative solutions that simplify hotel operations and optimize revenue. With a focus on organic product development, data and integrations, Duetto connects disparate systems into a cohesive, efficient platform that drives profitability and g...
Duetto and SHR Partner to Transform Casino Loyalty Pricing
Duetto | June 25, 2024
The partnership enables casinos to maximize revenue by delivering personalized online guest experiences. San Francisco, June 25, 2024 - Duetto, a global leader in revenue management solutions, and SHR (an Access company), a leading provider of innovative and intelligent technology solutions for hotels and resorts, today announced a strategic partnership designed to revolutionize the casino resort industry. Using Duetto’s Dynamic Rate Engine (DRE), SHR Group will enable its casino customers to deliver real-time personalized pricing online to maximize revenue, as well as increase occupancy and guest satisfaction. The newly certified SHR&l...
Agilysys to Highlight AI Advantages Along With PMS and POS Innovations at HITEC 2024 June 25–27
Agilysys | June 24, 2024
– Agilysys Guestsense.ai™ artificial intelligence now powers revenue management and operating efficiency across PMS and POS hospitality solution platforms – – InfoGenesis omnichannel enterprise POS platform now available for ‘sell anything to anyone anywhere’ flexibility – – IG Fly™ light-to-carry, unified all-in-one POS system for managing orders, payments and printing ‘on the fly” is now available – – Mobile-first Agilysys Guest App is a unified hub to enhance guest experience and revenue upsell opportunities – ALPHARETTA, GA (June 24, 2024) — Agilysys, Inc., a leading global provider of hospitality soft...
DerbySoft Launches Strategic Partnership With IDeaS
DerbySoft | June 24, 2024
Integration ensures operators save time, execute revenue strategy, and maximize revenue opportunity DALLAS, June 24, 2024—DerbySoft, the leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world's leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types. This partnership integrates IDeaS' G3 Revenue Management System with Property Connector, DerbySoft's Digital Distribution System, providing connectivity services to individual properties and small chains. G3 RMS provides...
Jonas Hospitality Debuting Unified Platform at HITEC 2024
Jonas Hospitality | June 20, 2024
Jonas Hospitality is excited to announce the official debut of our new Unified Platform at this year’s HITEC in Charlotte. We will be providing live demos of the Jonas Hospitality Unified Platform at Booth 1838. The Jonas Hospitality Unified Platform is a comprehensive technology suite that empowers independent hotels, resorts, hotel brands, chains, and management companies; streamlining your operations, revenue management, distribution, and marketing. Using our proprietary integration engine Jonas ARC, the Jonas Hospitality Unified Platform brings together industry-leading technology from our brand portfolio as well as third-party syst...
Revenue Management in Real Life: The Art of Saying No
Fabian Bartnick | June 19, 2024
As a seasoned revenue manager and a parent, I've come to realize that the principles of revenue management aren't confined to the boardroom or the hotel lobby—they extend right into our living rooms. Today, let's dive into the art of saying no and draw some amusing correlations between revenue management and real-time parenting with my two little darlings, Rafa (10) and Hayden (9). Setting Boundaries: The Hotel and the Home Imagine your hotel as a bustling kindergarten. Your guests, much like children, have high expectations and boundless energy. As revenue managers (RMs) and general managers (GMs), we often feel like the teachers tryi...
Occupancy vs ADR, the Never Ending Discussion in Revenue Management
Patrick Landman | June 6, 2024
By Patrick Landman Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. ‘How can I make more profit with my hotel?’ Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. Which is it? So what is it, Occupancy or Average Room Rate (ARR)? The answer is of course both! As t...
AI and Human Input: Hospitality Leader Andrew Rubinacci Shares His Recipe for Revenue Management Success
Alan Young | May 15, 2024
By Alan Young When I asked Andrew Rubinacci to describe the early days of his illustrious hospitality career, his answer was one you might not expect—“I was a guinea pig,” he’ll say with a smile. “I was, quite literally, the first revenue manager at InterContinental Hotels Group (IHG).” Today, Rubinacci is a well-known name in an industry of hotel revenue and technology experts, bringing over 25 years of commercial leadership experience to the table and a resume that includes a number of executive positions ranging from Chief Commercial Officer at Omni Hotels & Resorts to Senior Vice President of Distribution & Reve...