RoomKeyPMS, Duetto continue partnership for open pricing

RoomKeyPMS has integrated with Duetto to serve hotels with revenue and property-management software solutions. This integration mainly serves single properties with 100+ rooms and multiproperty chains that make up both RoomKeyPMS and Duetto's main user segments. Duetto customers recorded an average year-over-year RevPAR Index lift of 6.5 percent in 2016.

Duetto's automated revenue strategy application uses cloud technology to help hotels increase their ADR and occupancy. It takes booking history and environmental variables into account to determine the best daily rate for a particular hotel. Rather than apply tiered rates to specific room sizes, Duetto suggests flexing rates to the optimal price at a specific time based on demand.

"As the industry moves towards complete end-to-end integration of PMS and revenue management platforms, this particular integration is built on technology fundamentals that ensure the best information flows between these two systems," said Tim Major, CEO of RoomKeyPMS. "The progressiveness of this integration benefits the total hospitality environment."

The RoomKeyPMS integration fully supports Duetto's open pricing model, which optimizes rates for maximum revenue and yields each customer segment, room type or distribution channel independently. The partnership means that RoomKeyPMS, a highly interfaced hotel software provider, will reflect rates from Duetto in real-time to potential hotel guests in their booking engine, connected to GDS and booking through channel managers.