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.”