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The
Rainmaker Group Kicks Off 2018 with
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Record-Setting
Performance
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Company experiences
astounding sales increase
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of 187
percent year-over-year
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Alpharetta,
GA – March 2018 / Newsmaker Alert / The
Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality
revenue and profit optimization software, today announced that it has kicked
off 2018 with record-breaking performance and growth. In January alone,
the company experienced a sales increase of 187 percent year-over-year.
In addition, the company’s service revenue, which includes pricing services
and revenue best practices consulting, showed an increase of 107 percent.
In
January and February, Rainmaker expanded its reach in both the number of
customers and the number of properties using its state-of-the-art solution
suite, which includes guestrev®, grouprev®, revcaster®
and revintel®. Its grouprev and guestrev solutions
led the way in deployments, with grouprev showing a 35 percent increase
year-over-year and guestrev showing a 31 percent increase for the
same period.
Among
the customers that recently selected Rainmaker solutions are: Golden Casino
Group in Las Vegas; Omni Hotels & Resorts in Dallas; The Scottsdale
Plaza Resort in Scottsdale, Ariz.; and Solis Two Porsche Drive in Atlanta.
These customers are using Rainmaker’s cloud-based solutions to streamline
operations, optimize revenue and secure the most profitable guests.
“Partnering
with Rainmaker was a great decision for us,” said Tamara Gunn, director
of revenue management at Solis Two Porsche Drive, a 214-room luxury property
that recently went live with guestrev. “The company really listened
to our needs and responded with a solution that will help us understand
demand and take a strategic approach to setting rates. This, in turn, will
help us increase overall profitability and strengthen our competitive advantage.”
The
Scottsdale Plaza Resort also recently implemented the guestrev solution.
“We’re excited about the possibilities that guestrev brings to our property,”
said Gilberto Aguirre, director of revenue management at the 400-room luxury
hotel. “It will enable us to assess the value of each guest based on all
available revenue streams, including food and beverage, wellness and retail.
It also will take demand uncertainty into consideration, resulting in both
top- and bottom-line growth and a rapid ROI.”
In
February, Hotel Tech Report named Rainmaker’s revcaster solution
its top-rated market intelligence software based on data from thousands
of hoteliers in more than 40 countries. More than 100 hotel technology
products competed for a chance to win the prestigious title. Rainmaker
also was included in the recent Hotel Tech Report list of ‘Top 10
Places to Work in Hotel Tech’.
Rainmaker’s
leading-edge revenue and profit optimization product suite includes:
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guestrev,
an intuitive and easy-to-use revenue management solution that analyzes
total guest value across a hotel or casino property to forecast and price
rooms;
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grouprev
an innovative group pricing solution that streamlines the process of responding
to group RFPs by analyzing historical data, future demand, and price sensitivity
to recommend the best pricing for group business;
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revcaster,
a powerful rate shopping tool that gives hoteliers access to real-time
actionable market data, so that rates can be set against the competitive
landscape; and
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revintel,
an intuitive business intelligence solution that improves day-to-day revenue
management by mining various data sets and providing deep insights at a
granular level.
“Our record-setting
performance at the start of this year underscores our deep commitment both
to our customers and products,” said Tammy Farley, president of The Rainmaker
Group. “We constantly have our eye on platform innovation and ways in which
we can deliver more powerful solutions to our clients. And, as the hospitality
industry evolves, we continue to strengthen our product suite to meet –
and exceed – our customers’ revenue goals.”
About
Rainmaker
Rainmaker
is the hotel revenue and profit optimization cloud. The company partners
with hotels, resorts and casinos to help them outperform their revenue
and profit objectives. Rainmaker’s cloud-based solutions for transient
and group pricing optimization, forecasting, and revenue-centric business
intelligence are designed to help hoteliers streamline operations, enhance
revenue optimization processes, improve lead performance, and drive guest
bookings. Recognized as one of the top privately held companies in the
United States, Rainmaker has been named to Inc. 5000’s ‘Fastest Growing
Privately Held Companies’ for the last seven years and to the Atlanta
Business Chronicle’s list of ‘100 Fastest Growing Companies in Atlanta’.
Rainmaker serves hospitality customers throughout the world from its corporate
headquarters in Alpharetta, Ga. and from offices in Las Vegas, Portland,
Ore., and Singapore. To learn more about Rainmaker and its suite of hotel
revenue and profit optimization solutions, visit
www.LetItRain.com.
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Contact:
Dana
Glaze
The
Rainmaker Group
470-440-2041
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