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Rainmaker’s
revcaster® Powers Newly Enhanced
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Market
Intelligence for Omni Hotels & Resorts
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revcaster’s next-generation
platform recently implemented across the Omni brand
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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 it has expanded
its partnership with Omni Hotels
& Resorts (Omni) by transitioning them to the recently launched,
next-generation of revcaster® across the brand’s portfolio of
properties, covering more than 20,000 rooms across 60 properties in North
America.
In
addition to being a revcaster customer since 2015, Omni is a longstanding
customer of Rainmaker’s guestrev® and grouprev®,
which optimize room rate and other ancillary revenue for transient and
group business. By adding revcaster to the mix, Omni strengthens its revenue
management technology stack and gains unparalleled market and competitive
intelligence and analysis.
Last
year, Rainmaker unveiled revcaster’s next-generation platform, which increases
the power and functionality of the original competitor rate shopping model.
The addition of third-party systems integrations, cross-functional collaboration
tools, and flexible rules and alerts — all wrapped into an updated and
modernized user interface — allows users to go beyond simply monitoring
competitors’ rates. The new platform enables revenue managers, owners and
operators to follow standard revenue management best practices without
the heavy investment typically required when implementing a true Revenue
Management System (RMS).
“revcaster’s
new platform is a game changer for our organization and our industry,”
said Jamie Pena, Vice President of Revenue Management and Global Distribution
at Omni. “The ability to create custom personalized dashboards that display
market data in any format really makes the product feel like our own. And
the data itself is more powerful than ever with the addition of real-time
rate shopping, integration of other data points, such as weather and events,
and the like.”
“Since
soft-launching the revcaster product in the second quarter of last year,
we’ve partnered with several strategic customers to test and push the platform
to its limits,” said Matt Curry, Vice President and Head of Product at
The Rainmaker Group. “In doing so, we were able to identify opportunities
to add finishing touches to the application, and we’re excited to get the
product into the hands of the broader market.”
Rainmaker’s
groundbreaking 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.
Omni
Hotels & Resorts is a privately-held international luxury hotel
company based in Dallas. The company is currently owned by Robert Rowling
of TRT Holdings, who bought the company in 1996 from World International
Holdings, Ltd. and the Hong Kong-based conglomerate The Wharf (Holdings)
Limited. The company currently operates 60 properties in the United States,
Canada and Mexico, totaling more than 20,000 rooms and employing more than
23,000 people.
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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