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Casino hotels comprise only a tiny fraction of hundreds of thousands of hotels across the world. Perhaps due to this limited scope, the industry lacks universal performance metrics, and casino customers might find frustratingly varied booking experiences across different brands.
From personalized pricing to emerging booking channels, AI is set to reshape revenuemanagement, guest experience, and overall business strategy. Here are my five cents for navigating these changes and positioning your hotel, resort, or casino, for success in an AI-driven world.
Duetto, a global leader in revenuemanagement solutions, and SHR (an Access company), a leading provider of innovative and intelligent technology solutions for hotels and resorts, today announced a strategic partnership designed to revolutionize the casino resort industry.
When it comes to revenuemanagement, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenuemanagement strategy can help casinomanagers market their casino to the right audience and price their products to boost bottom-line revenue.
Crestline Hotels & Resorts, LLC announced the appointment of Leah McFarland as senior vice president of revenue strategy. McFarland joins the Crestline team from MCR Hotels where she was vice president of revenuemanagement and […] The post This Week’s Comings & Goings appeared first on LODGING Magazine.
San Francisco, CA – June 27, 2024 – Duetto (“Duetto” or the “Company”), a leading provider of revenuemanagement software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders.
Cendyn announces that The Maho Group has selected Cendyn to power CRM, revenuemanagement, and business intelligence at two St. Maarten resorts, the Sonesta Maho Beach Resort, Casino & Spa and Sonesta Ocean Point Resort.
Katie Moro, Vice President Data Partnerships, Hospitality, Amadeus added, “We’re pleased to extend our partnership with Duetto to ensure that hoteliers have access to the industry’s leading forward-looking market insight for their revenuemanagement strategies.
Revenuemanagement software (RMS) provider Duetto has unveiled a brand refresh that incorporates the mathematical “greater than” symbol and a new color palette. Our original logo was taken from the iconic curves of the Alfa Romeo Duetto,” said David Woolenberg, CEO, Duetto.
GrowthCurve Capital has acquired Duetto, a provider of revenuemanagement software for the hospitality industry. Duetto offers innovative solutions that simplify hotel operations and optimize revenue, according to the company. GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders.
In this role, he will be responsible for leading the company’s commercial strategies on revenue, distribution and digital marketing to maximize efficiencies, increase profitability and accelerate growth portfolio-wide, according to EOS Hospitality, which currently operates a portfolio of 50 hotels and resorts, totaling more than 7,000 keys.
[New York, 13 August] – Mews , the industry-leading hospitality cloud , and Duetto, a leading provider of revenuemanagement software for the hospitality industry, have now exceeded 600 joint hotel customers, driving revenue growth for hoteliers globally.
The discussion centered on AI’s impact and use cases within hotels and casinos now and in the near future. When property and revenuemanagement meet data and AI, your property isn’t just smart, it’s a financial genius,” he said. Gaming and hospitality leaders are viewing AI as promising,” he said.
Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenuemanagement. Yield management enables the adjustment of prices and inventory to meet seasonal demand, resulting in better revenuemanagement in hotels.
LONDON, June 6 2024 – The Access Group , a $1.3bn+ business management software provider, has added global hotel and casino technology specialist SHR to its expanding AI-powered end-to-end platform for hotels.
SHR provides distribution, guest and revenuemanagement software to over 1500 independent, group, casino and long-stay hotels. The company drives £2 billion in revenue per year through its Windsurfer CRS, selling 19 million room nights and managing 6.6 million reservations.
The Access Group , a business management software provider, has added global hotel and casino technology specialist SHR to its AI-powered, end-to-end platform for hotels. “SHR is undoubtedly the world’s leading automated hotel technology platform and a significant addition to our hospitality offering.
Using data from various systems, including your PMS, revenuemanagement system (RMS) , and customer relationship management (CRM) system, hotels can strategically leverage data to implement dynamic pricing strategies and personalized, segmented, and tailored campaigns via their CRS. The revenuemanagement system (RMS).
It’s useful for businesses such as hotels, restaurants or casinos that have unique or variable rent costs. EBITDAR stands for earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs (EBITDAR).
This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue.
Based in Melbourne, Page brings 30 years of hospitality expertise in which he has overseen a broad spectrum of hotel operations across multiple luxury brands throughout Asia-Pacific including new launches in gateway cities, casino and convention hotels, flagship brands, and company-owned assets.
Many people have access to the software, including the general managers, guest-services managers, revenuemanagers as well as sales and marketing teams who use it for insight into guests’ booking history, purchasing patterns, needs and preferences based on how they interacted with a hotel’s website.
Revenuemanagement. Property management. Recreation encompasses entertainment businesses and other businesses that provide activities designed to help people rest, relax or have fun. The list is long, and includes: Movies and theaters. Music and comedy acts. Zoos and museums. Spectator and participatory sports. Swimming pools.
We have yacht clubs, we have charter fishing entrepreneurs, we have casinos, we have cruise line headquarters, we have Expedia, we have everything. Then we have Harris Casino, same thing full night of tour, meet and greet with the president, meet the VP of finance, tour the casino floor. Or an agent, what does a casino host do?
Hospitality revenuemanagement software provider Duetto has unveiled its 2025 hospitality trends report, revealing that increased costs, AI, personalization, evolving revenue metrics and data are the biggest challenges the industry will face this year, according to the global survey of hoteliers.
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