Duetto and Sabre Hospitality Enable Denihan to Manage all Room Segments and Room Types Dynamically, Driving Higher ADRs with an “Open Pricing” Strategy
Wyckoff, NJ -- (SBWIRE) -- 12/18/2013 -- Denihan Hospitality Group’s hotels now manage room pricing dynamically to drive higher Average Daily Rates (ADR), thanks to the integration of Duetto’s revenue strategy software solution with Sabre Hospitality’s SynXis CRS. The integration went live at Denihan properties in November, and marks the first interface between the two systems. By working together using standard HTNG messaging, Duetto and Sabre Hospitality were able to expedite the delivery of their joint solution.
“We are excited to introduce this new interface, which builds upon our successful relationships with both Duetto and Sabre Hospitality,” said Thomas Botts, EVP and Chief Customer Officer, Denihan Hospitality Group.
He concluded, “Sabre Hospitality has taken a huge leap forward by creating an RMS interface that is optimized to handle open pricing methodologies rather than BAR rates. This is the future of hotel revenue management. We are delighted to partner in this innovation, which promises not only to provide unsurpassed flexibility, greater control and help drive higher ADR’s – but also allows the SynXis CRS to function as the system of record for rates and availability.”
Legacy Revenue Management Systems updated rates through hurdles and bid prices alone, prohibiting a hotel from pricing dynamically and yielding rates independently.
David Meltzer, Sabre Hospitality’s Chief Commercial Officer, called the integration “a dramatic step forward,” adding that “We are pleased to expand our SynXis platform to allow forward-thinking brands, like Denihan, to integrate with innovators like Duetto, whose solutions are helping the the hotel industry optimize rates.”
Patrick Bosworth, Duetto’s CEO, concluded: “Sabre Hospitality is proving why it is at the forefront of CRS innovation - by embracing new ways of managing pricing and availability through a robust, flexible interface. We are delighted to partner with Sabre Hospitality to move our industry forward together.”
About Denihan Hospitality Group
Denihan Hospitality Group is a privately-held, full-service hotel management and development company that owns and/or operates 14 boutique hotels in major urban markets in the U.S. Over the past 50 years, the Denihan family has built a world-class lodging investment platform within the boutique hotel space, creating value by acquiring, repositioning and managing independent hotels.
The Denihan portfolio includes properties operating under The James and Affinia Hotels brands, as well as Manhattan luxury independents, The Surrey and The Benjamin, and additional independent affiliates in New York City. Denihan’s hotels include an impressive list of chef-driven restaurants and bars, including Iron Chef Geoffrey Zakarian’s The National Bar and Dining Rooms at The Benjamin; David Burke Kitchen at The James New York; Daniel Boulud’s Café Boulud at The Surrey; David Burke’s Primehouse at The James Chicago; and Art Smith’s Art and Soul at the Liaison Capitol Hill, an Affinia hotel in Washington, D.C.
The company’s uniquely guest-centric approach, refined through three generations of Denihan leadership, has made it an industry leader in hospitality, property and restaurant development, as well as hotel operations, management and marketing.
More details can be found at http://www.denihan.com.
About Sabre Hospitality Solutions
Sabre Hospitality Solutions provides technology to the global hospitality industry. It operates one of the industry's largest Software-as-a-Service businesses, with its reservations and property management system, marketing and distribution software, and Internet marketing and e-business solutions used by more than 18,000 hotel properties around the world. Each year, it generates more than $5.85billion in revenue for its customers.
Sabre Hospitality Solutions is part of Sabre Holdings, a global travel technology company serving the world's largest industry- travel and tourism. For more information please visit: www.sabrehospitality.com.
Duetto provides 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, Thayer Ventures, Battery Ventures, Benchmark Capital, Altimeter Capital, Trinity Ventures, Lee Pillsbury, founder and Chairman of Thayer Lodging, and Marc Benioff, founder, Chairman and CEO of Salesforce.com, Mark Lomanno, former CEO of STR, Rich Barton, former CEO/Co-Founder of Expedia and Sam Shank, CEO and Founder of Hotel Tonight.
For more information please visit: www.duettoresearch.com.
Press Release Source: AB Newswire
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