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Duetto’s full-service hotel revenue software launched

Duetto rebranded the acquired space optimization tool MiceRate as OpenSpace

Duetto’s full-service hotel revenue software launched

DUETTO, A REVENUE management software provider, recently introduced BlockBuster, a revenue optimization solution, and rebranded its acquired space optimization tool, MiceRate, as OpenSpace, integrating new functions. BlockBuster coordinates revenue, sales and catering teams to optimize business quotes, while OpenSpace automates revenue management for rooms, event spaces, and ancillary services, Duetto said in a statement.

“The addition of OpenSpace, combined with our investment in group management, positions us as a one-stop-shop for hoteliers looking to maximize revenue across their entire property,” said David Woolenberg, Duetto’s CEO. “Now, our customers can leverage Duetto to optimize pricing, manage inventory, and streamline bookings for individual guests, groups, and function spaces – all in a single, unified solution. These enhancements will streamline the group booking process, improve internal communication, and ensure a more seamless experience for both hoteliers and their customers.”


BlockBuster allows hoteliers to balance group and transient bookings with a cohesive pricing strategy, the statement said. It offers insights such as incremental profitability and alternative stay dates to guide decisions on transient displacement for group requests. The solution adjusts pricing based on demand, capacity, and ancillary revenues.

Duetto said the program will automate group wash projections, refine forecasts, and adjust yield capacities based on user inputs and real-time market insights. It offers revenue teams with automation and collaborative tools, enabling rapid responses to group rate inquiries and maintaining real-time records of quotes.

Duetto acquired OpenSpace in February, offering automated revenue management for rooms, event spaces, and ancillary services, with algorithm-driven pricing to optimize all function spaces, including external venues, the statement said. OpenSpace includes a booking engine and quotation tool that streamline the search process for event planners looking for spaces that fit their budget and specific requirements.

Unifocus, a workforce management system provider led by CEO Moneesh Arora, recently partnered with Nonius, a guest-facing solutions company for hotels, integrating their platforms to prioritize guest requests, enabling real-time adaptation, and improving service and staff efficiency.

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Peachtree Group funds Vastland’s VOCE hotel with $130M loan
Photo credit: Vastland Co.

Peachtree finances Vastland’s VOCE Hotel for $130M

Summary:

  • Peachtree Group financed Vastland’s VOCE Hotel in Nashville for$130M.
  • The 25-story development will feature 192 residences and 114 hotel suites.
  • Construction will start Dec. 8, with completion expected in fall 2027.

PEACHTREE GROUP PROVIDED a $130 million construction loan to Vastland Co. for its first VOCE Hotel & Residence in Nashville, Tennessee. Construction will begin on Dec. 8, with completion expected in fall 2027.

The 25-story mixed-use development will include 192 residences, 114 hotel suites, 60,000 square feet of office space, and more than 40,000 square feet of dining and wellness amenities, according to NashvillePost.

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