Duetto to Provide Revenue Strategy Solutions for NH Hotel Group

Duetto Brings Open Pricing to One of the World's Largest Hotel Companies, Adding Close to 400 Hotels Worldwide

Jan 19, 2016, 04:23 ET from Duetto

LONDON and MADRID, Jan. 19, 2016 /PRNewswire/ -- Duetto, the market leader in hotel profit optimization technology, announced today that it will implement its revenue strategy solutions for NH Hotel Group, bringing new insights on pricing and demand to close to 400 NH hotels encompassing approximately 60,000 rooms in Europe, the Americas and Africa. NH Hotel Group is one of the world's top 25 hotel chains, and is known for superior locations, facilities, guest service and guest technology.

"We are very happy to announce this agreement with NH Hotel Group, one of the premier hotel companies in the world," said Duetto CEO Patrick Bosworth. "As we enter 2016, the pace of change in the marketplace is accelerating ever more quickly, and Duetto's revenue strategy solutions bring flexibility to fully optimize revenue and manage distribution complexity. NH has long been recognized as an innovator – and we are excited to bring a new level of insight and revenue optimization as we rollout our solutions at NH properties worldwide."

By adopting Open Pricing, a core element of Duetto's approach to price optimization, NH Hotel Group will now be able optimize its advance pricing model and bring to its entire commercial team state of the art technology, improving decision-making process and time to market.

"At NH Hotel Group, we take pride in staying on the leading edge, not only in property management and guest service, but also in the technologies we use to operationalize our business, especially to optimize profit and build revenues," said Fernando Vives, Senior Vice President, Commercial Strategy and Pricing.  "We are pleased to launch our partnership with Duetto. Together, we will raise the bar of excellence and innovation in revenue strategy at NH properties around the world."

Duetto is rapidly expanding worldwide throughout Europe, Asia, Africa and the Americas. More than 1,000 hotels and casinos in more than 50 countries have partnered to use Duetto's revenue strategy solutions.

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.

More than 1,000 hotels and casinos in more than 50 countries have partnered to use Duetto's revenue strategy solutions.

About NH Hotel Group

NH Hotel Group is a consolidated trusted operator and one of the leading urban hotel companies in Europe´s business segment with a wide presence in America. Over 35 years of experience position it as a reference in excellent service and customer care.

The Company operates close to 400 hotels with almost 60,000 rooms in 29 countries, hosting more than 16 million guests a year across Europe, America and Africa in top destinations such as Berlin, Madrid, Amsterdam, Buenos Aires, Rome, Vienna, Mexico City, Barcelona, and New York.

Recently, and as part of its five year strategic business plan, NH Hotel Group has redefined a new brand architecture that brings together the Group's new value proposition and adapts to different consumer profiles and locations. Along these lines, the Group has structured its hotel portfolio under the following brands: NH Collection, premium hotels located in major capitals across Europe and America; NH Hotels, three or four-star urban hotels for guests who demand an excellent location with the best value for money; new, unconventional and cosmopolitan hotels each with a unique personality inspired by the cities where they are located; and Hesperia, the Group's resort proposition.

The Group's main motivation is the satisfaction of its customers, and with its more than 18.000 committed employees trained to offer an exceptional service, NH Hotel Group aims to deliver memorable experiences and exceed guest expectations.

As a responsible company and benchmark in the hospitality industry, responding to what the Company's stakeholders expect from it is of key importance for NH Hotel Group. The Company offers hotel services designed to fulfill customers' expectations while providing efficient and sustainable solutions for today´s and future´s challenges.

NH Hotel Group is a listed company of the Madrid stock exchange market.

Contact: Michael Frenkel, MFC PR
For Duetto
(212) 808-6556
michael@mfcpr.com

SOURCE Duetto



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