Duetto - The Platform Leader in Revenue Strategy
Duetto Revenue Management is a cutting-edge revenue strategy platform designed to help hotels optimize pricing and maximize profitability. Leveraging advanced analytics, machine learning, and real-time data, Duetto provides comprehensive solutions for dynamic pricing, forecasting, and revenue optimization. The platform adjusts room rates in real-time based on market demand, competitor pricing, and other factors, ensuring optimal pricing strategies that drive revenue and profit. It also automates yield management, enabling hotels to make data-driven decisions about room rates and inventory control without manual intervention.
In addition to dynamic pricing, Duetto excels in data-driven forecasting, using historical data and market trends to predict future demand and revenue. The platform offers detailed reports and insights, helping hotel managers understand performance metrics, identify trends, and make informed decisions. With advanced analytics tools, Duetto analyzes booking patterns, guest behavior, and market conditions to uncover opportunities for revenue enhancement. It also provides rate recommendations and applies restrictions like minimum length of stay (MLOS) and closed to arrival (CTA) to maximize occupancy and revenue. Overall, Duetto empowers hotels to make smarter, data-driven decisions that enhance revenue performance and improve operational efficiency.
In short, Duetto aggregates all the hotel's data and provides intelligent rate updates, restrictions, and analytics to optimize revenue:
- Dynamic Pricing/Profit Maximization
- Automatic Yield Management
- Data-Driven Forecasting
- Reporting and Data Insights
- Advanced Analytics
Communication
The communication between Visual Matrix and Duetto is integral to maintaining accurate and optimized hotel operations. Visual Matrix uploads crucial data to Duetto, including reservation data (excluding personal information), group data, inventory levels, and hotel statistics, which are updated every night during the audit.
Visual Matrix receives important updates from Duetto, such as rate adjustments (including peak dates) and restrictions like minimum length of stay (MLOS), closed to arrival (CTA), and soft close. The information from Duetto is clearly identified within Visual Matrix descriptions, ensuring seamless integration and clarity for hotel management.
For more information or to get connected with Duetto, please contact Visual Matrix Sales.
Related Articles
FAQ - Revenue Management / Using VM RM with Best Rev or Duetto
Can I use Visual Matrix rate level restrictions if I use BestRev or Duetto for pricing? Yes — you can use Visual Matrix’s Rate Level Open/Close restrictions while letting BestRev or Duetto manage the actual pricing. However, you must enable ...Visual Matrix Revenue Management Live! 🎥
Watch Video VM Revenue Management Live! (Patent Pending) will protect you from a day selling out in advance before you had an opportunity to react, raise or lower rates based on your occupancy & booking window, close or open rates levels and even set ...States Where OTAs Collect Revenue Tax on Behalf of Hotels
In certain States, online travel agencies (OTAs) like Expedia are required to collect and remit taxes directly to the State for reservations paid through their platforms. In these cases, hotels typically invoice the OTA for the total amount paid by ...FAQ - Duetto-Visual Matrix-CRS Integration
Does Duetto need to match the Channel Manager's Room Types directly? No. Duetto must match VM, and VM handles translation to the Channel Manager. Who sets up the initial configurations? The Channel Manager shares the packet with the property/brand, ...FAQ - Revenue Management / Reports
Estimated Forecast Report What does the Estimated Occupancy Forecast report show? It displays projected room occupancy and ADR for future dates, adjusted based on a selected trend model: None, Historical Year-over-Year, or Pickup Year-over-Year. Why ...