The new interface between HQ revenue Market Intelligence and Duetto’s GameChanger enables joint customers to see the current room rate for a list of chosen competitors, as well as showing competitor averages. The interface pulls rates from a wide range of online distribution channels, including online travel agencies, as well as Brand.com sites from competitor hotels.
The integration enables hoteliers who use the Market Intelligence software by HQ revenue to compare competitor rates to their own, up to 365 days in the future.
This will assist hotel revenue managers in both short-term yielding and longer-term revenue strategy. The ability to accurately benchmark will enable hoteliers to adapt to market changes in real-time.
“We are very proud of our collaboration with Duetto: Now our mutual customers are able to see in Duetto the rates of their comp set, taken directly from our system,” said Roland Hehn, CEO at HQ revenue. “It’s an important first step as we work towards offering our customers even more relevant market data to help them boost their revenue strategy.”
“Through this integration, Duetto customers can leverage channel-specific competitive pricing data from HQ plus direct through our Open Pricing solution, GameChanger. This enables hoteliers to optimize revenue at a marketplace level with greater emphasis on channel contribution and lead time,” explained Marco Benvenuti, Chief Marketing and Strategy Officer for Duetto.
While finalizing their technology partnership, Duetto and HQ revenue trialed their new integration with Ruby Hotels.
“We are happy about the integration of two very strong tools we use in our revenue management. The integration of both systems will help us to gain even deeper market insights,” said Tobias Koehler, Group Director Marketing & Commerce at Ruby Hotels.
Duetto is hospitality’s only Revenue Strategy Platform. A powerful suite of cloud applications addresses the industry’s complexity in distribution and technology, providing solutions that increase organizational efficiency, revenue, and profitability.
The unique combination of hospitality experience and technology leadership drives Duetto to look for new and innovative solutions to the industry’s greatest challenges. Duetto delivers software-as-a-service to hotels and casinos that leverage dynamic data sources and actionable insights into pricing and demand across the enterprise, enabling a holistic and more profitable Revenue Strategy.
Duetto’s fully deployed hotel clients using GameChanger have recorded an average RevPAR Index lift of 6.5%. More than 2,500 hotel and casino properties in more than 60 countries have partnered to use Duetto’s applications, which include GameChanger for Open Pricing, ScoreBoard for intelligent reporting, PlayMaker for personalization, and BlockBuster for contracted-business optimization.
About HQ revenue
HQ revenue is the pioneer of Europe’s hotel market intelligence revolution. Since its foundation in 2012, the company has successfully brought forward cutting-edge revenue management technologies. It is now Europe’s market leader, serving about 2,000 customers with its innovative software, and is enjoying steady growth in foreign markets too.
HQ revenue offers a platform in the revenue management technology landscape that provides accurate real-time data to hoteliers and revenue managers. The product is an effective decision-aiding tool and empowers hoteliers with a complete overview of the most important distribution channels. This allows for quick and efficient analyses and timely reactions to shifts in demand and occupancy, putting HQ revenue customers ahead of their game.