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Hammer & Nails Celebrates 2023 Achievements and Unveils Ambitious Plans for 2024 Expansion

Hammer & Nails

Hammer & Nails Grooming for Guys, a leading name in the men's grooming sector, is excited to highlight its significant accomplishments in 2023 and unveil ambitious plans for further expansion in 2024. During the last decade, there’s been a pivotal shift in how self-care for men is prioritized. According to data gathered by market insight company Statista this year, the global male grooming market is estimated to be worth about 115 billion dollars by 2028. Aaron Meyers, CEO of Hammer & Nails, states, "The modern man is craving a place that is just for them. A place that treats them with respect and helps them look and feel their best. They are tired of impersonal take-a-number chop shops. Hammer & Nails addresses this underserved market by offering flexible, budget-friendly membership options while delivering a luxury experience.” In September, Hammer & Nails achieved a significant milestone by opening its second shop in Connecticut. This strategic move placed the brand in the heart of the popular Darien Commons/Noroton Heights area, solidifying its regional presence. Florida also became a focal point for Hammer & Nails with the signing of strategic multi-unit expansion plans. This visionary move aims to establish new Hammer & Nails establishments in key Floridian markets, including Miami, Orlando, and Tampa, showcasing the brand's commitment to growth and excellence. The Lone Star State witnessed the debut of Hammer & Nails in San Antonio, Texas, as well, with the opening of its 29th U.S. location in December 2023. Elsewhere in the state is a significant strategic statewide expansion plan led by seasoned area developer Frank Muller. The plan includes enhancing the brand's presence in all major Texas cities. Rounding out the 2023 openings included new locations in South Reno, Nevada, and Lewis Center, Ohio. These remarkable achievements underscore the robust demand within the men's grooming sector, propelling Hammer & Nails into a rapid expansion phase. With over 70 licenses actively in development and 31 existing thriving locations nationwide, the brand continues to be a trendsetter in the industry. Looking ahead to 2024, Hammer & Nails is poised for further growth. New locations are set to open across the country and the brand expects to double in size again in 2024. Hammer & Nails is recognized for its commitment to excellence by industry publications. It has received recent accolades as a franchise business in the grooming sector by Entrepreneur's Franchise 500 and Franchise Business Review's Top 200 Franchises. Hammer & Nails is a distinguished grooming destination dedicated to providing men with an exceptional grooming experience in an upscale environment. With a focus on quality, relaxation, and rejuvenation, Hammer & Nails has become synonymous with luxury in the grooming industry. Visit https://hammerandnailsgrooming.com/ to learn more. Contact Details Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://hammerandnailsgrooming.com/

February 08, 2024 12:10 PM Eastern Standard Time

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WagerWire Launches First Ever DFS Marketplace with RealTime Fantasy Sports

WagerWire

WagerWire, a marketplace technology and media company servicing sportsbooks and fantasy operators, has made history by launching the first DFS Pickem trading marketplace with fantasy sports operator RealTime Fantasy Sports. The launch makes RealTime Sports the first fantasy platform to offer their players the ability to sell and buy Pickem entries while in progress, including during the actual game, and is available to play in 27 states and the District of Columbia. WagerWire is making waves with this expansion, as its product will now be offered to fantasy operators in addition to its online sports betting clientele. The company was recently recognized for its achievements with a nomination for Best Innovation by the Fantasy Sports and Gaming Association (FSGA). Until now, there have been no options offered to fantasy sports players after placing a pick. The WageWire marketplace creates a way for users to take control of their action to lock in a profit, hedge, or jump in and out of plays while the games are in progress. “The success of our launch with RealTime Fantasy Sports is proof that fantasy players and sports bettors are both searching for this functionality in their gaming experience,” said Zach Doctor, WagerWire CEO. “This implementation is particularly exciting for RT’s users, because it provides a live gaming solution to buy and sell action on the marketplace after pre-match entries and contests close once games begin. This is only the beginning of making every gaming asset tradeable.” “Our players are already obsessed with WagerWire, and so are we. It’s taken our Pickem product to a whole new level,” said Tim Jensen, COO of RealTime Fantasy Sports. Braiden Payne, one of many RT Sports users who have taken to the marketplace during the NFL playoffs agrees: “I am really enjoying the improvements to the RealTime Fantasy Sports experience. If my slips lose right out of the gate, I still have a chance to buy back in.” RealTime Fantasy Sports saw extremely high adoption and engagement in its secondary marketplace powered by WagerWire during the first weekend it was live. Players that use the marketplace are placing more overall action on Pickems, spend increased time on-site to browse for deals and manage listings, and show a higher likelihood of sticking around to play other games and contests. “The WagerWire engineering team is world-class and it was such an easy lift to work with them. We went from signing the Letter of Intent on December 17 to being live for the start of the NFL Playoffs just a few weeks later.” added Tim Jensen, COO of RealTime Fantasy Sports. WagerWire is coming off a rapid release of innovative products, including free-to-play bet trading with Stations’ Casino STN Play App (Red Rock Resorts: $RRR) in Q4 of 2023, in addition to releasing its Bet Value Graph generator to the public in January 2024, which follows on the heels of its heavily visited Bet Value Calculator. The company previously announced a media and technology partnership with Jake Paul and Joey Levy’s challenger platform Betr, and has plans to integrate with both Betr Picks and the highly anticipated Betr OSB in 2024. WagerWire and RealTime Fantasy Sports will also collaborate on original daily content and media around Pickem markets including contests, watch parties, and live entry auctions. About WagerWire WagerWire empowers bettors to take control of their action and treat their bets and fantasy entries as assets that can be bought and sold at any time. WagerWire’s proprietary GLI-33 certified marketplace technology can be directly embedded into sportsbook apps, and also powers the WagerWire app that serves as an aggregated marketplace of bets across partner sportsbooks. WagerWire also has a Media Network that generates engaging daily sports and betting content “By Fans, For Fans.” You can download WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. WagerWire is dedicated to providing users with a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER. About Real Time Sports RealTime Fantasy Sports is a leader in the fantasy sports league management and cash games industry, providing some of the top DFS and DFS Pickem contests in the industry. As the home of The Fantasy Championship, RealTime Fantasy Sports has the most innovative fantasy games for many sports, including football, baseball and basketball. RealTime Fantasy Sports is your one-stop shop for all your fantasy needs. Serving fantasy players online since 1996. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://www.wagerwire.com/

February 08, 2024 09:01 AM Eastern Standard Time

First-Ever Risk Retention Group for the Cannabis Industry Launches with CLIC RRG

IMA Financial

Cornerstone Risk Solutions, a subsidiary of IMA Financial Group, today announced the launch of CLIC Risk Retention Group Inc. (CLIC RRG), the first and only risk retention group designed specifically for the unique needs of the burgeoning cannabis industry. The member-owned insurance solution is now available to cannabis-related businesses (CRBs) nationwide. “We are very proud to announce the launch of CLIC Risk Retention Group. We are the first and only insurer in the cannabis space that is owned exclusively by its policyholders,” said Chris Payne, founder of CLIC RRG. “This allows us to offer risk management and profit-sharing opportunities that are unavailable anywhere else in the industry.” The product represents a significant step toward comprehensive insurance solutions tailored to the needs of CRBs across the United States. CLIC members gain access to general liability and product liability coverage from anywhere in the nation, which until now has been out of reach in this high-risk, heavily legislated sector. Tris Felix, Managing Director of Cornerstone Risk Solutions, highlighted the product’s significance: “A member-owned insurance solution is a game-changer for CRB owners whose growth has been historically limited by lack of liability coverage. CLIC RRG owners can build — and benefit from — products that meet the industry’s unique needs, leveling the playing field in a competitive and evolving industry.” As the cannabis industry continues to grow, Cornerstone and CLIC RRG are committed to assessing market responses and potentially introducing additional cannabis industry-specific insurance solutions. “Historically, CLIC RRG coverage lines have been profitable for carriers, yet restricted the policyholders,” said IMA Vice President and Cannabis National Practice Leader Michael Hennessey. “By coming together in a risk retention group, cannabis businesses set their own direction and claim their due benefit.” About Cornerstone Risk Solutions and IMA Financial Group Cornerstone Risk Solutions, a subsidiary of IMA Financial Group, specializes in providing innovative insurance and risk management solutions. IMA Financial Group, a North American insurance brokerage firm, is renowned for its commitment to protecting assets and making a difference in the lives of its clients, associates and communities. About CLIC Risk Retention Group Inc. (CLIC RRG) CLIC Risk Retention Group Inc. (CLIC RRG) is a private insurance company owned by and operated solely for the benefit of participants in the legalized cannabis industry. The company serves businesses and individuals involved in the sale, manufacture, cultivation, transportation and testing of legalized cannabis-based products. The company’s operations are controlled by policyholders who are licensees in the cannabis industry. Contact Details CLIC Risk Retention Group Inc. Chris Payne +1 858-260-9000 chris@clicrrg.com IMA Financial Group Sean Hanft +1 203-313-3205 Sean.hanft@imacorp.com Center Reach Communications Alexandra Campbell alexandra@centerreachcommunication.com Company Website https://cornerstonerisksolutions.com/

February 08, 2024 09:00 AM Eastern Standard Time

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CIA WINE & BEVERAGE SUMMIT RETURNS TO NAPA

Culinary Institute of America

For the first time in four years, the Culinary Institute of America’s Wine & Beverage Summit —a three-day gathering of the beverage industry’s best and brightest—returns to the CIA at Copia May 5-7. Featuring everything from immersive tastings to in-depth dialogue on the state of wine education, innovative career paths, and increasing both business savvy and financial fluency, the conference will welcome recognized wine experts and rising stars alike. It is ideal for junior and mid-level industry professionals looking to grow their knowledge and advance their careers. “We are thrilled to bring back this incredible event with a focus on professional development,” said Maryam Ahmed, consulting program director. “Attendees can expect a truly enriching experience. Unlike larger conferences where one-way presentations are the focus, this summit was deliberately crafted to be a smaller, more intimate gathering so attendees can interact directly with the presenters and each other during breakout sessions and receptions.” Among the esteemed beverage experts and presenters are: Emily Wines, certified master sommelier, and vice president of wine experience at Coopers Hawk Winery and Restaurant; Erik Segelbaum, founder and chief vinnovation officer at SOMLYAY, LLC; TJ Douglas, CEO and founder of the Drink Progressively Group; and Andrea Robinson, master sommelier, author, and consultant to Delta Airlines and Norwegian Cruise Line. The conference also serves as one of the residency sites for CIA Wine and Beverage Management master’s degree students, who will attend as part of their program. For more information or to view the full program schedule, visit ciabevpro.com. About The Culinary Institute of America Founded in 1946, The Culinary Institute of America is the world’s premier culinary college. Dedicated to developing leaders in foodservice and hospitality, the independent, not-for-profit CIA offers associate, bachelor’s, and master's degrees with majors in culinary arts, baking & pastry arts, food business management, hospitality management, culinary science, and applied food studies. The college also offers executive education, certificate programs, and courses for professionals and enthusiasts. Its conferences, leadership initiatives, and consulting services have made the CIA the think tank of the food industry and its worldwide network of more than 50,000 alumni includes innovators in every area of the food world. The CIA has locations in New York, California, Texas, and Singapore. For more information, visit www.ciachef.edu. Contact Details Amanda Secor +1 845-451-1457 amanda.secor@culinary.edu

February 08, 2024 08:45 AM Eastern Standard Time

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Big Game season: Touchdowns, Tasty Treats & Terrific Savings!

YourUpdateTV

Ready, set, save! Whether you're a seasoned party host or a first-timer, Target has got the ultimate guide on how to host a Big Game party that's both exciting and budget-friendly. Recently, Emmy-Award Winning Television Host and Lifestyle Expert, Marisa Brahney, conducted a satellite media tour to share her wallet-friendly tips that won't compromise on the fun. A video accompanying this announcement is available at: https://youtu.be/MxqHRORhBso Whether you’re planning a laid-back watch party or a full-on football soiree, Target is your one-stop-shop for popular party staples, and they’re offering deals on snacks, grazing boards, beverages and more. Score entertaining spreads under $25 For the first time, Target is offering three budget-friendly Game Day must-have spreads for under $25 to make entertaining easy and affordable, including a cheeseburger taco board, chicken wing basket, and a DIY nacho bar. The internet-famous cheeseburger taco board • Good & Gather Shredded Iceberg Lettuce • Market Pantry Ketchup • Market Pantry Kosher Dill Sandwich Slices • Good & Gather Creamy Chipotle Sauce • Market Pantry 6" Flour Tortillas • Good & Gather All Natural 93/7 Ground Beef • Good & Gather Colby Jack Deli Sliced Cheese Classic chicken wing basket • Good & Gather Frozen All Natural Chicken Wings • Good & Gather Baby-Cut Carrots • Good & Gather Celery Sticks • Market Pantry Ranch Dressing • Good & Gather Organic Honey BBQ Sauce Nacho bar • Good & Gather Organic Blue Corn Tortilla Chips • Good & Gather Queso Blanco • Good & Gather Organic Mild Roasted Restaurant Style Salsa • Good & Gather Homestyle Guacamole • Good & Gather Sour Cream • Good & Gather Shredded Mexican-Style Cheese • Good & Gather Green Onions In addition to the Game Day must-haves under $25, Target has plenty of other inspiring options that won’t break the bank, like charcuterie board fixings for under $20! Don’t forget the drinks! Whether you enjoy alcoholic or non-alcoholic drinks, Target has something for everyone. Athletic Brewing Company and Lagunitas are non-alcoholic favorites, and everyone will love the amazing flavors of Good & Gather sparkling water - the Cherry Cola flavor is a must-try. Target has your back with its fast, convenient same-day Drive-Up and delivery options. You can have your items delivered to your trunk in minutes upon arriving in the parking lot or to your home in as soon as one hour. Visit your local Target store or shop online at Target.com ahead of the Big Game on February 11. Head to Target.com or the Target app to find these great deals and others, and also check out Target’s weekly ad for the latest deals in stores and online. About Marisa Brahney Marisa Brahney is an Emmy award-winning, dynamic and versatile TV host and on-air lifestyle expert who loves sharing her value-packed tips, product picks and helpful mom hacks with viewers around the country. From appearing as a regular lifestyle contributor sharing her favorite finds on Inside Edition, PIX11, ABC, FOX, CBS, Cheddar and more, to selling out her kitchen must-haves on QVC, Marisa is a millennial mom and gourmet girl-next-door who connects to her audience in an authentic, dynamic way. As a former news anchor and born storyteller with the gift of gab, Marisa spent much of her career building creative, must-see TV on channels like NBC Philadelphia and News 12 New Jersey. As a lifestyle expert and brand ambassador, she has partnered with some of the nation's biggest brands in the food and lifestyle space, including Cuisinart, General Mills, Amazon, Olay, Secret, Bath & Body Works, The Vitamin Shoppe, Blue Diamond, Kendra Scott and Wyndham Hotels. In addition to regularly appearing on TV nationally and regionally, Marisa is also a video host and digital contributor for NJMOM, where she leads meaningful discussions about the challenges of motherhood and highlights mompreneurs, businesses and events to a community of 200 thousand+. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 07, 2024 04:18 PM Eastern Standard Time

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Oreo Called Out for Backing PFLAG’s Agenda; Supporter of Gender Ideology, Explicit Books in Schools

NLPC

As Oreo prepares to make a splash with its first Super Bowl commercial in 10 years, National Legal and Policy Center today released a 30-second video that delivers stinging criticism of the cookie brand over its longtime partnership with PFLAG. The LGBTQ advocacy group condones gender transition treatments for children as young as three years old, and battles to make sure books with explicit content are allowed in public schools and libraries. You can watch the video here. NLPC owns stock in Oreo’s parent company, Mondelez International, and will sponsor a shareholder proposal at the annual meeting in May. The nonprofit corporate watchdog and shareholder activist initiated its campaign to highlight the cookie-maker’s inappropriate relationship with PFLAG after it noticed the brand’s social media accounts – primarily on X.com (formerly Twitter) – were heavily populated with posts in support of PFLAG’s various narratives, causes and social advocacy. Oreo has promoted various short films, special packaging and fundraisers, utilizing the company’s popularity and resources to advance PFLAG’s agenda. The pro-transgender ideology group lobbies against laws that seek to protect children from indoctrination efforts and so-called “gender affirming” medical treatments before they are mature enough to make such decisions, and also laws that protect kids from so-called “transition care” without their parents’ consent. In October Oreo also co-sponsored PFLAG’s National Convention, where the theme was “ Learning with Love.” The meeting’s first session was titled, “Let Freedom Read! Read with Love to Support Inclusive Books and Education.” PFLAG characterizes its gender ideology indoctrination efforts in schools as a so-called prevention against alleged “censorship.” PFLAG co-sponsors a “banned books” website as part of a coalition that includes the Marxist-led American Library Association. Titles such as “ This Book is Gay,” “ Gender Queer,” “ All Boys Aren’t Blue,” “ Flamer,” and “ Lawn Boy ” are among the stories with explicit content that PFLAG and its allies believe should be easily accessed by kids. “Oreo is a beloved brand with a strong identity and a reputation for connecting with all ages, especially kids, because it’s not only delicious, but fun,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Now the cookie’s image-managers are taking it down the same dangerous path that Bud Light, Disney and Target have trodden, which led to extensive brand destruction. We urge Mondelez to terminate Oreo’s controversial relationships before it’s too late.” NLPC’s shareholder proposal asks the Board of Directors “to examine the risks and consequences of the Company’s associations with external organizations, to determine whether they threaten the growth and sustainability of the Company.” “We call upon our fellow shareholders to join us to express concern to the Mondelez board and to Chairman/CEO Dirk van de Put over this treacherous direction in which Oreo has turned,” Chesser added. “If they don’t, perhaps parents and consumers will have something to say about it.” ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 703-237-1970 drene@nlpc.org Company Website http://www.nlpc.org

February 07, 2024 09:30 AM Eastern Standard Time

FuelRod Deploys Swappable Charging Program at Miami International Airport

Fuel Rod

FuelRod, a leading provider of portable power solutions, announced today that Miami International (MIA) is the latest airport to deploy their innovative charging service with the installation of ten automated kiosks in select locations throughout the airport. By implementing the FuelRod program, the airport now provides the more than 50 million annual passengers with an environmentally friendly, portable option to power their devices—helping to eliminate “low power anxiety” and creating a more connected and less stressful traveling experience. FuelRod kiosks allow travelers to buy a kit with a fully charged FuelRod and all necessary cables to support any phone or pad. The rods may be recharged by the user or swapped for a fresh, fully charged replacement at any one of the many kiosk locations nationwide so travelers never need to worry about running out of power on the go. MIA is the newest addition to a rapidly growing list of more than fifty U.S. airports that have adopted the patented FuelRod two-way exchange mobile charging program, which includes major hubs such as Hartsfield-Jackson (ATL), John F. Kennedy (JFK), Dallas Fort Worth (DFW), Boston Logan (BOS), and Harry Reid Las Vegas (LAS). “We're thrilled to kick off 2024 with the installation of FuelRod kiosks at Miami International Airport,” said FuelRod COO Joe Yeagley. “This latest expansion to our kiosk network at MIA highlights our commitment to providing travelers with easily accessible and reliable power solutions. We believe that staying charged should be easy and convenient, and our continued focus on expanding our presence in airports reinforces this belief.” It is FuelRod’s hope that their collaboration with airports such as MIA will improve the overall quality of the traveling experience and allow passengers to focus on the matters that are most important to them. About FuelRod FuelRod is a California-based portable power solutions company and developer of the FuelRod kit—the first reusable, portable charging system that allows you to charge your mobile device on the go, and then recharge or swap for a fresh one. With a growing network of kiosks nationwide, FuelRod can keep your devices powered virtually anywhere you go. Learn more at www.fuel-rod.com. Contact Details FuelRod Claudio Frescas +1 423-914-9647 claudio@fuel-rod.com Company Website https://www.fuel-rod.com/

February 07, 2024 09:00 AM Eastern Standard Time

Duetto Acquires Micerate; a Dynamic Pricing and Booking Engine for Meetings and Events

Duetto

Duetto, a global leader in revenue management systems, proudly unveils the successful acquisition of Micerate, a leading provider of dynamic pricing and online booking tools tailored for meetings and event spaces. This strategic milestone underscores Duetto's unwavering dedication to dynamic revenue management solutions, with a heightened focus on the groups and events sector, solidifying its position as an industry leader adept at meeting the diverse needs of the hospitality landscape. Founded in Germany, Micerate brings a wealth of expertise, dedicated to delivering specialized solutions that elevate meeting space profitability and streamline booking efficiency for its valued clients. Key features of the Micerate platform: Strategic Revenue Optimization Dynamic pricing of event spaces empowers hoteliers to strategically map pricing and control capacities for hotel event and meeting space. The algorithm-based pricing isn't just about numbers; it's a sustainable boost to event and meeting space sales, ensuring Duetto customers stay ahead in a competitive market. Effortless Sales Empowerment Revolutionize the meeting and event space quoting process with an intuitive quote generator, making the creation of quotes and function sheets easier. Hoteliers can engage customers dynamically during the quote creation process, creating not just transactions, but meaningful connections that drive conversions. Tailored Online Event Sales Experience Hoteliers can elevate their online presence with a personalized meeting and event space booking engine, seamlessly integrated onto their brand site. This personalized tool not only maximizes event revenue but also champions efficiency, a dual focus that underscores Duetto's commitment across its entire product suite. Investment in revenue technology has continued to grow year on year with the 2024 Duetto annual trends and predictions report showing again that hotel technology spending continues to increase. 71.4% of those surveyed predict that hotel technology spend will continue to increase over the next three years, with the key focuses being on price automation and group optimization. In a triumphant year marked by resilience and growth, Duetto experienced robust expansion across key markets, with a noteworthy highlight being record-breaking growth in the Asia Pacific region. Duetto's unwavering commitment to innovation and providing cutting-edge solutions has solidified its position as a preferred partner for hotels and casinos worldwide, adding 200,000 hotel rooms to the platform in 2023 alone. Quotes: “Duetto is built on innovation, constantly staying ahead of the market to ensure our customers maintain a consistent competitive advantage. The addition of Micerate to our platform is incredibly important as it aligns seamlessly with our vision. Beyond dynamically pricing groups and events for increased revenue, Micerate introduces a sophisticated booking engine directly integrated into the hotel's brand site, streamlining operations and saving valuable time for meetings and event teams. Our customers seek three essential elements from Duetto: enhanced revenue generation, precise forecasting, and operational efficiencies – Micerate delivers on all fronts.” David Woolenberg, CEO, Duetto “This acquisition represents another milestone for Duetto, positioning us for continued growth in our sector. Our robust financial position, marked by steady revenue growth, profitability, and a strong balance sheet, provides us with a platform for sustained success in an ever-evolving market. This strategic move not only contributes to our inorganic growth but also underscores our confidence and capability to pursue further opportunities.” Vishal Save, CFO, Duetto “Micerate brings exceptional capabilities in managing and booking function space to the Duetto family. It complements and expands Duetto BlockBuster to comprehensively deliver a solution for groups, meetings, and events. Together, Duetto and Micerate empower sales and revenue teams with an unparalleled suite of tools, enhancing revenue and efficiency. This strategic integration enables the workflow collaboration, analytics, and visibility to drive alignment and execution between the Sales and Revenue Management functions for our customers while highlighting Duetto's deep commitment to delivering innovative best-in-class solutions for group management.” Darren Koch, CPO, Duetto “As someone who has dedicated their entire career to hospitality, this collaboration with Duetto marks an exciting next step. Joining forces with a global player that aligns with our values of ease-of-use and exceptional customer service is not just a strategic move; it's a testament to our shared vision for the industry. I am genuinely excited about the possibilities ahead, as we continue our journey of innovation and dedication to maximizing revenue for hotels.” Gerhard Wasem, Micerate About Duetto Duetto delivers a suite of SaaS cloud-native applications for hospitality businesses to optimize every booking opportunity for greater revenue impact. The unique combination of hospitality experience and technology leadership drives Duetto to look for innovative solutions to industry challenges. The software as a service platform allows hotels, casinos, and resorts to leverage real-time dynamic data sources and actionable insights into pricing and demand across the enterprise. More than 4,000 hotel and casino resort properties in more than 60 countries have partnered to use Duetto’s applications, which include GameChanger for pricing, ScoreBoard for intelligent reporting, and BlockBuster for contracted-business optimization. Duetto was named the world's #1 revenue management system in 2022, 2023, and 2024 in the HotelTechAwards. For more information, please visit https://www.duettocloud.com/ About Micerate Selling function spaces and banquet rooms more innovatively with efficient, revenue-optimized sales processes. Contact Details Katrina Wheeler katrina.wheeler@duettoresearch.com Company Website https://www.duettocloud.com/en-us/

February 07, 2024 08:08 AM Eastern Standard Time

Duetto Acquires Micerate; a Dynamic Pricing and Booking Engine for Meetings and Events

Duetto

Duetto, a global leader in revenue management systems, proudly unveils the successful acquisition of Micerate, a leading provider of dynamic pricing and online booking tools tailored for meetings and event spaces. This strategic milestone underscores Duetto's unwavering dedication to dynamic revenue management solutions, with a heightened focus on the groups and events sector, solidifying its position as an industry leader adept at meeting the diverse needs of the hospitality landscape. Founded in Germany, Micerate brings a wealth of expertise, dedicated to delivering specialized solutions that elevate meeting space profitability and streamline booking efficiency for its valued clients. Key features of the Micerate platform: Strategic Revenue Optimization Dynamic pricing of event spaces empowers hoteliers to strategically map pricing and control capacities for hotel event and meeting space. The algorithm-based pricing isn't just about numbers; it's a sustainable boost to event and meeting space sales, ensuring Duetto customers stay ahead in a competitive market. Effortless Sales Empowerment Revolutionize the meeting and event space quoting process with an intuitive quote generator, making the creation of quotes and function sheets easier. Hoteliers can engage customers dynamically during the quote creation process, creating not just transactions, but meaningful connections that drive conversions. Tailored Online Event Sales Experience Hoteliers can elevate their online presence with a personalized meeting and event space booking engine, seamlessly integrated onto their brand site. This personalized tool not only maximizes event revenue but also champions efficiency, a dual focus that underscores Duetto's commitment across its entire product suite. Investment in revenue technology has continued to grow year on year with the 2024 Duetto annual trends and predictions report showing again that hotel technology spending continues to increase. 71.4% of those surveyed predict that hotel technology spend will continue to increase over the next three years, with the key focuses being on price automation and group optimization. In a triumphant year marked by resilience and growth, Duetto experienced robust expansion across key markets, with a noteworthy highlight being record-breaking growth in the Asia Pacific region. Duetto's unwavering commitment to innovation and providing cutting-edge solutions has solidified its position as a preferred partner for hotels and casinos worldwide, adding 200,000 hotel rooms to the platform in 2023 alone. Quotes: “Duetto is built on innovation, constantly staying ahead of the market to ensure our customers maintain a consistent competitive advantage. The addition of Micerate to our platform is incredibly important as it aligns seamlessly with our vision. Beyond dynamically pricing groups and events for increased revenue, Micerate introduces a sophisticated booking engine directly integrated into the hotel's brand site, streamlining operations and saving valuable time for meetings and event teams. Our customers seek three essential elements from Duetto: enhanced revenue generation, precise forecasting, and operational efficiencies – Micerate delivers on all fronts.” David Woolenberg, CEO, Duetto “This acquisition represents another milestone for Duetto, positioning us for continued growth in our sector. Our robust financial position, marked by steady revenue growth, profitability, and a strong balance sheet, provides us with a platform for sustained success in an ever-evolving market. This strategic move not only contributes to our inorganic growth but also underscores our confidence and capability to pursue further opportunities.” Vishal Save, CFO, Duetto “Micerate brings exceptional capabilities in managing and booking function space to the Duetto family. It complements and expands Duetto BlockBuster to comprehensively deliver a solution for groups, meetings, and events. Together, Duetto and Micerate empower sales and revenue teams with an unparalleled suite of tools, enhancing revenue and efficiency. This strategic integration enables the workflow collaboration, analytics, and visibility to drive alignment and execution between the Sales and Revenue Management functions for our customers while highlighting Duetto's deep commitment to delivering innovative best-in-class solutions for group management.” Darren Koch, CPO, Duetto “As someone who has dedicated their entire career to hospitality, this collaboration with Duetto marks an exciting next step. Joining forces with a global player that aligns with our values of ease-of-use and exceptional customer service is not just a strategic move; it's a testament to our shared vision for the industry. I am genuinely excited about the possibilities ahead, as we continue our journey of innovation and dedication to maximizing revenue for hotels.” Gerhard Wasem, Micerate About Duetto Duetto delivers a suite of SaaS cloud-native applications for hospitality businesses to optimize every booking opportunity for greater revenue impact. The unique combination of hospitality experience and technology leadership drives Duetto to look for innovative solutions to industry challenges. The software as a service platform allows hotels, casinos, and resorts to leverage real-time dynamic data sources and actionable insights into pricing and demand across the enterprise. More than 4,000 hotel and casino resort properties in more than 60 countries have partnered to use Duetto’s applications, which include GameChanger for pricing, ScoreBoard for intelligent reporting, and BlockBuster for contracted-business optimization. Duetto was named the world's #1 revenue management system in 2022, 2023, and 2024 in the HotelTechAwards. For more information, please visit https://www.duettocloud.com/ About Micerate Selling function spaces and banquet rooms more innovatively with efficient, revenue-optimized sales processes. Contact Details Katrina Wheeler katrina.wheeler@duettoresearch.com Company Website https://www.duettocloud.com/en-us/

February 07, 2024 07:53 AM Eastern Standard Time

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