SAN FRANCISCO, Jan. 14, 2015 /PRNewswire/ -- Duetto, the market leader in hotel profit optimization technology, announced a partnership with Vantage Hospitality Group, Inc., to make its Revenue Strategy Solutions available to more than 1,200 hotels operating under multiple brands within the Vantage system.
"We are pleased to have Duetto join Vantage's Preferred Vendor program," said Roger Bloss, president, founder and CEO of Vantage. "Duetto's unique ability to price customer segments, offers and discounts independently gives our hotels the data to make rooms available and priced to meet demand. We believe Duetto's products are the gold standard for Revenue Strategy in the hotel industry -- and we are glad to make them available to our members throughout the world."
Under the agreement, Duetto's Revenue Strategy Solutions will be made available to the members of Vantage's brands, including Americas Best Value Inn®, Canada's Best Value Inn®, Lexington® by Vantage, Country Hearth Inn & Suites®, Jameson Inn & Suites® and 3 Palms Hotels and Resorts®.
"We are happy to announce this partnership with Vantage, one of the biggest, most dynamic and fastest-growing companies in the hotel industry," said Duetto CEO Patrick Bosworth. "Increasingly, hotel companies and owners are looking for a solution that allows for flexibility to fully optimize revenue and manage distribution complexity. We provide that solution – and look forward to working with Vantage's members to make sure they never leave money on the table again."
Duetto's solutions are currently deployed at hotel and casino properties in 16 countries and in all segments of the hotel industry. The company recently announced a $21 million funding led by Accel Partners to continue its expansion into key markets around the globe.
Duetto delivers dynamic, intelligent revenue strategy solutions to the world's leading hotels, allowing them to maximize profits through superior, actionable data to better manage pricing, revenue and business mix decisions. Leveraging a cutting-edge, cloud-based architecture, combined with a feature-rich product set, Duetto transforms the way hotels price and sell rooms.
Duetto has attracted many of the highest regarded investors and advisors from the hospitality and technology industries, including, among others, Accel Partners, Thayer Ventures, Battery Ventures, Altimeter Capital, Trinity Ventures, Benchmark Capital, Leland Pillsbury, founder, Co-Chairman and CEO of Thayer Lodging, Marc Benioff, founder, Chairman and CEO of Salesforce.com, and Mark Lomanno, former CEO of STR.
About Vantage Hospitality Group, Inc.
Headquartered in Coral Springs, FL, Vantage Hospitality Group, a Top 10 Hotel Company with over 1,200 hotels independently owned and operated, is the only hotel company to be ranked on Inc. 500/5000 List of America's Fastest-Growing Private Companies for eight consecutive years. Vantage's first hotel brand, Americas Best Value Inn, is a leader in the limited-service segment (including Value Inn Worldwide and Canada's Best Value Inn) throughout North America and is the world's 10th largest hotel chain. Lexington by Vantage (including Lexington Inn, Lexington Hotel and Lexington Legacy) is Vantage's midscale to upscale brand, with locations worldwide. In July 2014, Vantage entered into an agreement to acquire the Jameson Inns & Suites, Country Hearth Inns & Suites, America's Best Inns & Suites, 3 Palms Hotels & Resorts, and Signature Inn brands. Members of the Americas Best Value Inn and Lexington brands are eligible for expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program, information about which may be found at www.franchiseregistry.com. Vantage continues to grow through affiliations with Vantage Hotel Management (management and operations covering all brands and independent properties), Vantage Insurance Services (a full-service insurance agency specializing in insurance for the hospitality industry), and Brown Nester Hospitality Services (offering comprehensive hotel brokerage and related services). Visit www.JoinABVI.com, www.JoinLexington.com, www.VantageHospitality.com, www.VantageHotelManagement.com, www.VantageInsuranceServices.com or www.BrownNester.com for more information. Lexington franchises are offered by Lexington Franchising, Inc., a wholly-owned subsidiary of Vantage Hospitality Group.
Contact: Michael Frenkel, MFC PR – New York