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Rainmaker
Ends Q3 2017 with High-Growth Momentum
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Company wraps
up quarter with 30 percent growth
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in number
of customers year-over-year
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Alpharetta,
GA – November 2017 / Newsmaker Alert / The
Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality
revenue and profit optimization software, announces that it ended the third
quarter of 2017 with record-setting performance and growth, advancing its
position as a global technology leader.
Since
July 1, Rainmaker has expanded its reach in both the number of customers
and the number of properties using its groundbreaking solution suite, which
include guestrev®, grouprev®, revcaster®,
and revintel®. Year-over-year, the company has seen a nearly
30 percent increase in hospitality property deployments; additionally,
in this same period, the company realized 30 percent growth in its customer
base.
Las
Vegas-based Station Casinos is among the customers that recently selected
Rainmaker solutions. In Q3, the company chose revcaster for 11 of its properties,
totaling more than 4,800 rooms. Station Casinos had already purchased the
guestrev and grouprev solutions and wanted to expand its use of the Rainmaker
suite. The solutions will help the company optimize revenue, secure the
most profitable guests, and streamline operations.
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“As
the hospitality industry becomes increasingly competitive, it’s critical
that properties invest in technology that drives revenue and profitability,”
said John Brown, executive director of revenue management at Station Casinos.
“We reviewed a number of revenue management and profit optimization solutions
and determined that the Rainmaker suite was the ideal fit for us, with
all the features and functionality we needed. These solutions will give
us the tools we need to maximize revenue, make more informed business decisions,
and gain an edge on the competition.”
Rainmaker’s
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 revenue
and profit optimization platform continues to deliver exceptional results,”
said Tammy Farley,
president of The Rainmaker Group. “In fact, performance in Q3 has exceeded
our expectations. This is due to our deep commitment to solution innovation
and to the dedicated employees who partner with our customers to ensure
their success. This is an exciting time to be in the hospitality industry,
and we look forward to ending the year with record-setting growth.”
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:
Melissa
Andrews
The
Rainmaker Group
407-342-7829 |
