Duetto is building momentum in the displacement of legacy on-premise hotel revenue management systems, with its Duetto Edge solution. Duetto’s SaaS product, Duetto Edge, utilizes Big Data to optimize demand pricing and provide operational
San Francisco, CA (PRWEB) March 05, 2013
Duetto Research, a cloud-based technology firm focused on the travel and hospitality industry, announced that Brad Gerstner, the Chief Executive of Altimeter Capital Management, has joined its Board of Directors.
Mr. Gerstner is a travel industry visionary and investor, who is a leader in identifying promising emerging industry innovators -- including Room 77, Hotel Tonight, and Nor1.
Founded in 2012, Duetto is building momentum in the displacement of legacy on-premise hotel revenue management systems, with its Duetto Edge solution. Duetto’s SaaS product, Duetto Edge, utilizes Big Data to optimize demand pricing and provide operational intelligence for hotels.
Duetto’s CEO, Patrick Bosworth, said, “We are happy to announce that Brand Gerstner has joined the Duetto Board.” He concluded, “Brad brings with him a track record of picking winners in the travel and hospitality space, and providing unmatched insight. We are grateful for his support.”
Brad Gerstner said, “Hospitality is a huge vertical market, with the potential for realizing groundbreaking solutions through Big Data applications. I am happy to be working with Duetto, as it brings some of those solutions to bear on specific industry problems.”
Duetto was launched by Bosworth, a former Wynn Las Vegas executive, along with former Wynn executive Marco Benvenuti, and former Salesforce.com Chief Technology Officer Craig Weissman. The Company uses Big Data to power Duetto Edge, its flagship product, which delivers better insights on demand, improves pricing optimization, forecasting and even hotel operations. Early adopters include Sonesta Hotels and Denihan Hospitality Group. Additional announcements are expected in coming weeks.
Duetto announced the closing of its Series A funding in December.
About Brad Gerstner
Mr. Gerstner is Chief Executive Officer of Altimeter Capital Management, a Boston-based investment firm he founded in November 2008. Prior to Altimeter, Mr. Gerstner was Vice President at PAR Capital Management from 2005 to 2008. Mr. Gerstner also served as Co-CEO of National Leisure Group (“NLG”) from 2003 to 2004. He joined NLG in 2000 after working at General Catalyst, a Boston venture capital firm that had invested in NLG. Mr. Gerstner also served an appointment as Deputy Secretary of State of Indiana.
Mr. Gerstner currently serves on the boards of directors of Orbitz Worldwide, Silver Rail Technologies, Inc., Room 77 Inc., Hotel Tonight Inc., and Trigger Media Group, LLC. Mr. Gerstner is also the founder and Chairman of the board of directors of Room 77, a hotel-focused travel research site. Mr. Gerstner holds a BA degree from Wabash College, a JD from Indiana University and an MBA from the Harvard Business School.
About Duetto Research
Duetto Research provides hospitality executives with cutting-edge solutions to optimize demand, maximize rate, and minimize cost. Powered by leading Silicon Valley technologists and hospitality industry veterans, Duetto is where innovation and insight meet – to help the hotel industry create new standards of efficiency and profitability, and re-think how revenue management is done.
About Duetto Edge
Duetto Edge delivers powerful tools hospitality executives need to achieve profit goals and understand demand and revenue channels better than ever before.
Among the unique benefits of Duetto Edge:
- Cloud-based functionality: with no hardware or software to install and no implementation fees -- updates are automatic, free and frequent.
- On-demand visualizations: expose changing demand patterns so hoteliers can adjust pricing and channel strategies accordingly.
- Automated Alerts: notification of spikes in demand, competitor tactics, channel outages or rate parity discrepancies, and recommend corrective actions.
- Improved productivity: receive critical data and insights anywhere, anytime from a web browser, tablet or mobile device.
- Powerful algorithms: recommend actions to help hotel executives increase rates, expand occupancy and optimize channel mix.