Dynamic pricing for meetings and event spaces
Duetto acquires Micerate
Automated and data-driven
dynamic pricing for meetings
and event spaces.
The function space pricing algorithm calculates daily rates based on historical data combined with current demand patterns.
Open pricing
"It has given us the opportunity to make our prices more flexible whilst reducing the time needed. Our pricing strategy couldn't be implemented if we'd had to calculate manually."
Lutz Frey, General Manager, Atrium Hotel
Set individual pricing rules for individual properties. Package availability, dynamic cancellation conditions, minimum occupancy and much more.
Give your customers an overview of the different, day-specific prices right away. Let them flexibly choose a date according to their budget.
With an interface to your PMS you are able to display live availability your meeting and banquet spaces in order to control demand.
Yield management
Inquiry rating
Evaluate incoming event requests in terms of their revenue potential and take it into consideration when it comes to calculating the price.
Package rate
availability
Define availability and individual conditions for meeting and event packages.
Article-yielding
Regulate product and service prices more individually and define quantity-depending alignments.
Minimum and
maximum occupancies
Determine the minimum and maximum amount for services, products and items in order to offer the right price according to your restriction management.
Dynamic function space charge
Put an end to static function space pricing and optimize its full scope of flexibility.
Daily rates
Take advantage of the price algorithm which compares historical data with current booking patterns. Depending on demand level it will put forward suggestions and align prices automatically.
Duetto acquires Micerate
Sales tools
Live calculation
Let your customers create quotations using the booking engine on your homepage whilst the tool calculates the price in real-time. Upselling options are also calculated live.
Inquiry assistant
Use the inquiry assistant for internal sales of meeting spaces and banquet rooms. Create customer specific offers within a short time frame which are calculated automatically by Duetto.
Booking engine
Your individualized tool for online sales of meeting rooms and banquet spaces. Use it as a white label solution on your homepage.
Generate quotations
Your customers as well as your employees can quickly find their way around the user-friendly booking engine and draw up an individual offer.
Prices are calculated in real-time according to the hotel’s or venue’s pricing rules.
Pricing calendar
Transparency is key: Let your customers decide for themselves which date is worth the price.
Serving the different budgets of your customers helps to run full capacities depending on different demand levels, balancing price with occupancy for maximum revenue.
Real-time availabilities
With live PMS integrations, you will be able to display real-time availability online.
Performance analysis
Performance analysis
Analyze your meetings and events space business performance with detailed performance analysis tools.
Dashboard
Use your dedicated meetings and events revenue dashboard, which displays all the key figures in order to maximise your bookings and rates.
Workshop
This is how Duetto ensures a long-term optimization process by regularly challenging price structures and adapting to current market requirements.