Duetto lands $30M more in investment

Duetto has received a $30-million round of investment. This Series C round was led by Icon Ventures. The San Francisco company had previously raised $33.2 million.

“While the explosive growth in online travel spends continue to accelerate, hoteliers are still struggling with outdated technologies that cannot keep up with today's distribution needs,” Duetto's CEO Patrick Bosworth, said. “In an environment of disruption in which third-party intermediaries are eating into hotel profitability, hotel owners, operators and managers are starved for technology to level the playing field and recapture revenue being lost on commissions. Duetto provides the solution.”

The company said Duetto is the only pricing solution able to handle the complexity of different customer segments, room categories, length of stay restrictions and distribution channels. The company's approach, combining open pricing and Big Data analysis, has enabled Duetto customers to outpace their competitive sets, often seeing twice the rate of revenue growth over their competitors.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


“The rapid development of online technologies has benefited the top lines of businesses worldwide, but has largely bypassed the world's leading hotels and hospitality companies,” said Jeb Miller, general partner at Icon Ventures.  “Duetto is the established category winner in Revenue Strategy, helping hotels and casinos worldwide optimize profitability, and regain competitive advantage. We are excited to bring the full resources of the Icon team to help Duetto scale, and achieve the full potential of the application of Big Data to drive ROI for the hotel industry.”

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