Monday, June 24, 2024 Duetto, a leading global provider of revenue management solutions, has introduced a significant advancement aimed at empowering hoteliers to maximize revenue across every segment, including transient, group, and function spaces. With the resurgence of group business in the global hotel industry, Duetto unveils the latest evolution of its BlockBuster group revenue optimization solution and the integration of its new function space optimization tool, now branded as OpenSpace (formerly MiceRate). BlockBuster facilitates seamless coordination among revenue, sales, and catering teams, ensuring timely and accurate group business quotes at optimal rates.
The enhanced product enables hoteliers to: In a commitment to providing a comprehensive revenue solution, Duetto acquired MiceRate, now rebranded as OpenSpace, in February 2024. This integration makes Duetto the sole provider offering automated, dynamic revenue management for rooms, event spaces, and ancillary services. OpenSpace features algorithm-driven pricing for various events such as weddings, incentives, and conferences, enabling hotels to dynamically optimize all function spaces, including external venues like gardens.
The solution includes a booking engine and quotation tool, streamlining the search process for event planners seeking spaces that match their budget and specific requirements. Together with GameChanger for room rate optimization, ScoreBoard for forecasting and reporting, and Advance for c.
