Duetto, a revenue and profit software developer for the hotel sector, has acquired FLYR Hospitality, a provider of automated revenue management and business intelligence systems for accommodation operators.
Financial details of the deal have not been disclosed.
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The transaction will add FLYR Hospitality’s AI-centred revenue platform, including business intelligence tool, and AI capabilities into Duetto’s core Revenue & Profit Operating System.
This addition builds upon Duetto’s existing portfolio of applications, which covers revenue management, group business, automated analytics, and financial benchmarking.
Duetto plans to utilise FLYR Hospitality’s infrastructure to accelerate the development of its AI capabilities and broader product release schedule, integrating these tools directly into its operating system.
It will also utilise the combination to give hoteliers a clearer view of revenue and profit, alongside automated explanations and pricing recommendations.
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Under the combined platform, operators will be able to select between Duetto’s customisable tools offering manual oversight and FLYR Hospitality’s automated pricing software, which calculates room rates in real time alongside its reporting tools.
This integration will permit accommodation providers to adjust their software deployment as their operational requirements change, without needing to migrate to alternative software vendors or affect commercial results.
Duetto CEO Alex Zoghlin said: “We acquired FLYR Hospitality for what its technology and talented team can do.
“FLYR Hospitality’s pricing science and plain-language BI are some of the best in the category, and combined with our own ML platform, world class RMS, and HotStats’ data, we can give every hotelier, however sophisticated their team, however complex their portfolio, a genuine path to better performance.
“This is a bigger step toward the vision we have for Duetto: giving hoteliers the full picture of their commercial performance and the operational tools to act on it.
“We’re huge fans of what FLYR Hospitality’s team have built, and this will help us bring that vision to more hoteliers than ever before.”
