Ruby Hotels and Resorts updates revenue strategy with Duetto

Ruby Sofie in Vienna

Ruby Hotels, a disruptive developer and operator of luxury hotels in key markets in Germany and Austria, will implement Duetto’s cloud-based revenue strategy application, GameChanger. Under the agreement, Duetto will provide market intelligence and the benefits of open pricing to help Ruby Hotels better understand customer behavior, build and sustain direct business, and achieve price optimization for the rapidly growing brand. Ruby Hotels' current portfolio includes properties in Munich and Vienna, with further projects under construction in Hamburg and Dusseldorf and more projects in sight.

“Ruby Hotels is an innovator which provides not only luxury at ease for guests, but also the benefits of the latest in technology for its customers, partners and associates,” CEO and Founder Michael Patrick Struck said. “Duetto’s predictive analytics match our disruptive business model perfectly, and bring us the benefits of open pricing and the ability to forecast demand, better understand our customers and build direct bookings.”

By adopting open pricing, the core element of Duetto's GameChanger application, Ruby Hotels will now be able yield rates more rapidly and with greater flexibility, drawing on web shopping regrets and denials data to better measure price sensitivity.

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.


Suggested Articles

The company's main markets are still substantially affected by the measures rolled out to combat the COVID-19 health crisis.

Revenue per available room and occupancy increased over Q2, but uncertainty around the industry’s recovery remains.

The integration aims to provide hoteliers with seamless and complete visibility over group, catering and event sales performance activity.