DJUBO is India’s largest Hotel Tech SaaS player solving Operations, Distribution, Marketing and Intelligence for Hotels and helping them increase their online revenues.
Speaking at the launch of Foresight, Amitabh Tandon, Chief Product Officer of DJUBO mentioned, “DJUBO’s client hotels have already been witnessing revenue growth of 30-40% on an average after leveraging our existing hotel tech offerings. With the launch Foresight, our client hotels will now be able to track their competitors and market for foreseeable price and value matrix and take pricing decisions before it’s too late. We power hotels with notifications and alerts to keep them abreast of what’s happening in the market in terms of price movements, sold outs, overall demand indicators and also let them know if a competitor has added an amenity which they are not offering.”
Commenting on the launch, Sankalp Goel, Co-Founder, DJUBO added “Hotels who do active rate and pricing management have traditionally been able to increase their revenues by 10-30%. We feel that there were hardly any products that were built and priced for the long tail hotels. Now that small and medium hotels are also evolving there has been a rising demand for effective market and competitor intelligence data. We are proud to announce that after Starsight’s successful launch which was helping hoteliers manage their online reputation, Foresight will now take their revenue management capabilities to the next level. Together Starsight and Foresight form a formidable intelligence suite for hotels who really wish to dominate their market.”
DJUBO Foresight tracks rates and price trends across all important OTAs globally and India and South Asia in particular. It also presents hotels with valuable insights into their Value Rank in the market on a real time basis. DJUBO has already done 200 hotel signups on the day of launch and intends to take it live to its entire current client base and beyond.
DJUBO is already India’s largest hotel tech player and also has a presence across 24 countries and approximately 2000 hotels. “We are bringing high end hotel tech to the doorsteps of small and medium sized hotels and making them self-sufficient and better priced. We have always believed that traditional hotel tech industry has been broken with bits and pieces products solving different pain points. However DJUBO traverses all aspects of a hotel guest’s journey and helps hoteliers take the leap in terms of attaining market leadership and self-sufficiency.” chimed, Rishikesh Singh, CTO at DJUBO.
As per Taylor Short, Hotel Market Analyst for the online technology reviews firm, Software Advice: “The vast majority, (96 percent) of hotel software buyers want a cloud-based system for its lower investment costs and flexibility. Nearly half of the respondents represent independent hotels, and cloud software offers these budget-strapped companies valuable functionality at an affordable price.”
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2014 The Global Indian New Network (TGINN)