Hotel Big Data Innovator Duetto Research Announces That Brad Gerstner Joins
SAN FRANCISCO, Calif., March 5, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Duetto
Research, a cloud-based technology firm focused on the travel and hospitality
industry, announced that Brad Gerstner, the Chief Executive of Altimeter
Capital Management, has joined its Board of Directors.
Mr. Gerstner is a travel industry visionary and investor, who is a leader in
identifying promising emerging industry innovators -- including Room 77, Hotel
Tonight, and Nor1.
Founded in 2012, Duetto is building momentum in the displacement of legacy
on-premise hotel revenue management systems, with its Duetto Edge solution.
Duetto's SaaS product, Duetto Edge, utilizes Big Data to optimize demand
pricing and provide operational intelligence for hotels.
Duetto's CEO, Patrick Bosworth, said, "We are happy to announce that Brand
Gerstner has joined the Duetto Board." He concluded, "Brad brings with him a
track record of picking winners in the travel and hospitality space, and
providing unmatched insight. We are grateful for his support."
Brad Gerstner said, "Hospitality is a huge vertical market, with the potential
for realizing groundbreaking solutions through Big Data applications. I am
happy to be working with Duetto, as it brings some of those solutions to bear
on specific industry problems."
Duetto was launched by Bosworth, a former Wynn Las Vegas executive, along with
former Wynn executive Marco Benvenuti, and former Salesforce.com Chief
Technology Officer Craig Weissman. The Company uses Big Data to power Duetto
Edge, its flagship product, which delivers better insights on demand, improves
pricing optimization, forecasting and even hotel operations. Early adopters
include Sonesta Hotels and Denihan Hospitality Group. Additional announcements
are expected in coming weeks.
Duetto announced the closing of its Series A funding in December.
About Brad Gerstner
Mr. Gerstner is Chief Executive Officer of Altimeter Capital Management, a
Boston-based investment firm he founded in November 2008. Prior to Altimeter,
Mr. Gerstner was Vice President at PAR Capital Management from 2005 to 2008.
Mr. Gerstner also served as Co-CEO of National Leisure Group ("NLG") from 2003
to 2004. He joined NLG in 2000 after working at General Catalyst, a Boston
venture capital firm that had invested in NLG. Mr. Gerstner also served an
appointment as Deputy Secretary of State of Indiana.
Mr. Gerstner currently serves on the boards of directors of Orbitz Worldwide,
Silver Rail Technologies, Inc., Room 77 Inc., Hotel Tonight Inc., and Trigger
Media Group, LLC. Mr. Gerstner is also the founder and Chairman of the board
of directors of Room 77, a hotel-focused travel research site. Mr. Gerstner
holds a BA degree from Wabash College, a JD from Indiana University and an MBA
from the Harvard Business School.
About Duetto Research
Duetto Research provides hospitality executives with cutting-edge solutions to
optimize demand, maximize rate, and minimize cost. Powered by leading Silicon
Valley technologists and hospitality industry veterans, Duetto is where
innovation and insight meet – to help the hotel industry create new standards
of efficiency and profitability, and re-think how revenue management is done.
About Duetto Edge
Duetto Edge delivers powerful tools hospitality executives need to achieve
profit goals and understand demand and revenue channels better than ever
Among the unique benefits of Duetto Edge:
*Cloud-based functionality: with no hardware or software to install and no
implementation fees -- updates are automatic, free and frequent.
*On-demand visualizations: expose changing demand patterns so hoteliers can
adjust pricing and channel strategies accordingly.
*Automated Alerts: notification of spikes in demand, competitor tactics,
channel outages or rate parity discrepancies, and recommend corrective
*Improved productivity: receive critical data and insights anywhere,
anytime from a web browser, tablet or mobile device.
*Powerful algorithms: recommend actions to help hotel executives increase
rates, expand occupancy and optimize channel mix.
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