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Luxury hotels and resorts turn to The Rainmaker Group to optimize profits

Revenue management solution factors in "total guest value" for smarter rate decisions and better returns

September 2, 2015 11:00 AM EDT

ATLANTA, Sept. 2, 2015 /PRNewswire-USNewswire/ -- The Rainmaker Group is the leader in profit optimization solutions, servicing hotels and resorts worldwide. Its suite of revenue management programs and services helps some of the world's top retreats – such as Omni Hotels & Resorts and One & Only Resorts – achieve maximum profitability from their assets. Rainmaker offers:

GuestREV®: Built upon proven forecasting and optimization algorithms, hoteliers get the most accurate forecasts as well as optimal pricing. GuestRev is the first to factor in total guest value, considering potential revenue from gaming, F&B, spa and other profit centers along with room revenue.   

GroupREV®: When meeting planners make a request for proposal, the first responder will win the business 70 percent of the time. This tool makes it easy to be that first responder and impact group room revenue by 8 percent or more and deal conversions by 11 percent or more. It uses field-tested algorithms to provide scientific and flexible group-pricing recommendations attuned to competitors and anticipated market conditions (and incorporates event space and price policy rules).   

Revcaster®: Revcaster uses advanced business intelligence to help hotels raise profits.An integrated price comparison component, Revcaster helps hoteliers monitor parity, maximize ADR, and increase earnings. 

Business Intelligence: Hoteliers use this application to measure performance against corporate goals; monitor and measure individual property, department and enterprise data; and drill down to the "why" behind the numbers.

Consultation: An integral part of system implementation, the Rainmaker team assesses each organization's strengths and opportunities, assists in educating relevant stakeholders, advises of recommended business process shifts, shares industry best practices, and provides a step-by-step plan to maximize the benefit of profit optimization. 

About RainmakerHeadquartered in Alpharetta, Ga., Rainmaker is the premier provider of profit optimization and demand-cycle solutions to the hospitality and multifamily housing industries. Since its founding in 1998, the company has focused solely on delivering the highest revenue returns possible through the development and cultivation of a suite of products and consulting services 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 past five years and was named to the Atlanta Business Chronicle's List of the 100 Fastest Growing Companies in Atlanta. 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.

About ILHAThe vision of the International Luxury Hotel Association is to be the preeminent association promoting, unifying and advancing the luxury hotel industry through insight, opinion and research. ILHA is the largest influencer in the luxury hotel industry reaching an audience of over 225,000 hotel professionals in 90+ countries.  

Media Contact:         Middleton & Gendron|Eric Mower + AssociatesPatricia Nugent / Brock Talbot212-284-9935 / 212-980-9231[email protected] / [email protected]

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/luxury-hotels-and-resorts-turn-to-the-rainmaker-group-to-optimize-profits-300136321.html

SOURCE International Luxury Hotel Association



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