Novum Hospitality has tapped Duetto to provide cloud-based revenue management solutions to more than 20,000 guestrooms across Europe.
The Novum team, looking for innovative ways to boost profitability as travel resumes, focused on digitalization and automation to help drive results.
Duetto's GameChanger application for pricing optimization will help the Novum Hospitality revenue team price unlimited segments, channels, and room types in real-time. The ScoreBoard business intelligence tool will help the team build forecasts and budgets based on real-time data sets in minutes. The BlockBuster application for contracted-business optimization will help the company prepare for contract business returning.
Novum's revenue team will use all three applications in the Duetto Revenue Strategy Platform to make informed decisions on pricing, forecasting, and distribution.
“We want our revenue teams to feel empowered and able to make the best pricing decisions to outperform the market, and technology has to be at the heart of this,” Novum Hospitality CCO Andreas von Reitzenstein said. “By implementing Duetto’s sophisticated platform of solutions, we are giving them the tools to succeed,”
Novum has properties in more than 60 central locations across Europe, under its Novum Hotels, Select Hotels, the niu, Yggotel, and acora Living the City brands. The company is also a franchisee for InterContinental Hotels Group, Accor, and Hilton.