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The
Rainmaker Group Ends 2017 with Record-Breaking Growth
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Company experiences
a 64 percent increase in hospitality
property deployments
year-over-year
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Alpharetta,
GA – February 2018 / Newsmaker Alert / The
Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality
revenue and profit optimization software, today announced that the company
ended 2017 with record-breaking performance and growth. Year-over-year,
Rainmaker experienced an astounding 64 percent increase in hospitality
property deployments. The revintel® business intelligence solution
led the way, with an almost 78 percent increase in property deployments.
During
2017, a number of new customers joined Rainmaker’s global hotel and casino
client base. Moreover, many existing customers expanded their agreements
with the company, some implementing Rainmaker solutions at additional properties
and others deploying additional solutions to augment those already in use.
Among
Rainmaker’s noteworthy 2017 implementations are: FIVE Palm Jumeirah Dubai,
Fontainebleau Miami Beach, Hotel Panorama Hong Kong and Palazzo Versace
Dubai. These customers are using Rainmaker’s cloud-based solutions to streamline
operations, optimize revenue, improve RFP response performance and secure
the most profitable guests.
“With
competition at an all-time high, the hospitality industry is increasingly
turning to technology for intelligent analytics and profit optimization
strategies,” said Tammy Farley, president of The Rainmaker Group. “Our
extraordinary growth is a testament both to our state-of-the art solution
suite, which continues to deliver outstanding results, and the dedication
of the entire Rainmaker team. We are committed to developing the most advanced
revenue and profit optimization software on the market, and we look forward
to another year of helping our customers reach and surpass their revenue
goals.”
Rainmaker’s
groundbreaking revenue and profit optimization product suite includes:
-
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;
-
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
-
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.
In December
2017, Rainmaker announced the sale of its multifamily housing business,
allowing the company to focus exclusively on the hotel and gaming industry.
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.
Contact:
Dana
Glaze
The
Rainmaker Group
470-440-2041 |
