One of Europe’s largest family-run hotel groups, Novum Hospitality, announced that they implemented Duetto, hospitality’s innovative software as a service provider of revenue strategy solutions, to provide cloud-based revenue management solutions to yield more than 20,000 hotel rooms across Europe.
Novum Hospitality offers a portfolio of three- and four-star hotels in more than 60 central locations across Europe, under its Novum Hotels, Select Hotels, the niu, Yggotel, and acora Living the City brands. The company is also a franchisee for InterContinental Hotels Group, Accor, and Hilton.
Novum Hospitality’s portfolio, which includes many city-center hotels, is looking for innovative ways to boost profitability as travel resumes. They are focused on digitalization and automation to help drive optimal results across the portfolio.
“As a leading provider of powerful hospitality applications, Duetto not only recognizes challenges within our industry but also provides solutions that assist in simplifying the complexities of distribution while maximizing overall profitability. We are delighted about this team-up and look forward to successful cooperation,” commented David Etmenan, Chief Executive Officer & Owner, Novum Hospitality.
“We want our revenue teams to feel empowered and able to make the best pricing decisions to outperform the market, and technology has to be at the heart of this. By implementing Duetto’s sophisticated platform of solutions, we are giving them the tools to succeed,” said Andreas von Reitzenstein, CCO, Novum Hospitality.
The revenue team at Novum Hospitality will utilize all three applications in the Duetto Revenue Strategy Platform to make informed decisions on pricing, forecasting, and distribution.
Duetto's GameChanger application for pricing optimization will allow the Novum Hospitality revenue team to price unlimited segments, channels, and room types in real-time. The ScoreBoard business intelligence tool will enable the Novum Hospitality revenue team to build forecasts and budgets in minutes, based on real-time data sets. And the BlockBuster application for contracted-business optimization will ensure Novum Hospitality’s readiness for contract business returning.
“Novum has a strong history of delivering world-class hospitality to its customers and strong business results to its many stakeholders. We are honored to be partnering with them as they look for new ways to increase revenue and profitability,” said Michael Schäffner, VP of Sales EMEA, Duetto.