The acquisition will enable Duetto to accelerate its AI capabilities and overall product roadmap, with products that will be strong additions to the revenue and profit operating system, according to the company. Its pricing engine models a range of demand scenarios rather than a single outcome, improves continuously through reinforcement learning and refreshes prices in real time. Its business intelligence product lets any hotelier ask questions about their business in plain language and get a direct answer, without the need to interpret another dashboard.
“We acquired FLYR Hospitality for what its technology and talented team can do,” said Alex Zoghlin, CEO, Duetto. “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.”
Lukas Hughes, CPO, FLYR Hospitality, added, “What’s impressed me most is how closely our vision for this industry lines up with Duetto’s, and the shared commitment to innovation behind it. Bringing our two worlds together will unlock a new phase of growth and make that vision a reality. On top of that, we’ve built a range of products our customers really believe in—and it’s been great to see how much Duetto values that.”
