Duetto, the market leader in hotel profit optimization software, announced that Red Lion Hotels Corporation (NYSE:RLH) is adopting its revenue strategy solution group-wide.
“In a dynamic on-line environment it was key that we partner with industry leading technologists who will remain at the forefront of innovation,” said Bill Linehan, Chief Marketing Officer at Red Lion Hotels Corporation. “Duetto’s unique ability to price customer segments, offers and discounts independently is truly revolutionary. This technology gives us the data to make rooms available and priced to meet demand. We look forward to a productive partnership with Duetto.”
Duetto’s CEO, Patrick Bosworth, said, “Forward-thinking brands are looking for cutting-edge solutions that allow for flexibility to fully optimize revenue and manage distribution complexity. There are examples everywhere of money being left on the table and that simply leaves an arbitrage opportunity for booking intermediaries -- but hotel companies like RLHC are getting smarter. We are happy to announce them as our partners.”
Last week Duetto announced a Series B funding led by Accel Partners to continue its expansion into key markets throughout the Americas, Europe and Asia. Duetto is deployed at hundreds of hotel and casino properties in 16 countries.
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, Mark Lomanno, former CEO of STR, Rich Barton, former CEO/Co-Founder of Expedia and Sam Shank, CEO and Founder of Hotel Tonight.
About Red Lion Hotels Corporation
RedLion Hotels Corporation is a hospitality company primarily engaged in the franchising, ownership and operation of hotels located in ten states and one Canadian province. As of July 15, 2014, the company has 53 hotels system wide.The company also owns and operates an entertainment and event ticket distribution business. For more information, please visit the company's website at www.redlion.com.