The Rainmaker Group, the market leader in profit optimization solutions for the gaming and hospitality industry, today announces the official launch of its next generation revcaster platform at the Asian American Hotel Owners Association (AAHOA) 2017. An affordable, easy-to-use and flexible solution developed specifically to meet the needs of limited service and mid-market hotels, the new revcaster platform brings actionable insights on market, demand, and property dynamics to the surface. This data transparency provides hoteliers with the relevant information they need to identify opportunities and to make pricing decisions and changes that will drive better revenue outcomes for their operation.
“Due to a lack of time, budget or resources, many hotels don’t have the ability to make dynamic pricing decisions,” said Vicki Gideon, CRME, Managing Director of Bridgetown Revenue Management Solutions. “If they make them at all, they are often based on data that has been gathered and analyzed from a variety of disconnected spreadsheets, reports, and systems. This time consuming and inefficient process makes it difficult to stay on top of key market metrics and ultimately results in pricing outcomes that are less than desirable for the property.”
Rainmaker’s new revcaster platform addresses this challenge by simplifying and enhancing existing processes in an intelligent and results-driven manner that provides a cost-effective alternative for these hotel operators. The additions and enhancements to the revcaster rate shopping solution are the first to be released following its acquisition by Rainmaker in 2015, and the next generation platform represents a major innovation for revenue optimization in the mid-market.
“Best Western selected revcaster as our rate-shopping provider five years ago, recognizing them at the time as a highly innovative startup with excellent customer service,” said Monte Gardiner, Managing Director of Revenue Management for Best Western Hotels and Resorts. “Their unique, extensive revenue management experience in the mid-market segment has continued to help us improve performance for members ever since, and we continue to be excited about their focus on innovation and customer service as part of the Rainmaker portfolio.”
Key features of Rainmaker’s next generation revcaster platform include:
The ability to integrate and analyze data from varying sources, such as rate shopping, PMS, weather, events, and benchmarking data (STR)
The ability to collaborate, manage and share data across different groups, teams, and organizations
Analyze information with customizable, user-friendly dashboards
The ability to quickly surface key, actionable insights from all property data with a powerful, flexible rules and alerts engine
The next generation revcaster platform also includes enhanced rate shopping tools, which provide competitive intelligence functionalities and analytics. This revcaster next generation rate shopping solution provides significant enhancements to the functionality of the original revcaster solution, including the ability to create custom dashboards, widgets, and rules/alerts based on rate shopping data.
Rainmaker’s next generation revcaster platform is being officially unveiled today at AAHOA’s 2017 Convention and Tradeshow, taking place April 11-14 in San Antonio. Please visit Booth # 601 for a personal demonstration of the platform’s unique functionality. For more information on Rainmaker’s comprehensive suite of revenue management and profit optimization solutions, please visit www.letitrain.com.
About The Rainmaker Group
The Rainmaker Group is the premier provider of revenue and profit optimization solutions to the hospitality and gaming industry. Since its inception in 1998, the company has focused on delivering the highest revenue returns possible for its clients, through the development and cultivation of a proprietary suite of products and consulting services. Following a 2017 acquisition of its multifamily assets by RealPage Inc., Rainmaker is 100 per cent focused on the hospitality market, with solutions designed to streamline operational efficiencies, enhance revenue optimization processes, improve lead performance and generate greater demand. 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 six consecutive years, and was named to the Atlanta Business Chronicle’s List of the 100 Fastest Growing Companies in Atlanta. With corporate headquarters in Alpharetta (Atlanta), Georgia, Rainmaker also maintains offices in Las Vegas and Singapore. To learn more about Rainmaker and its suite of profit- and demand-optimization solutions, please visit www.LetItRain.com, and follow Rainmaker on Facebook, LinkedIn and Twitter.