Rainmaker’s revcaster® Powers Newly Enhanced Market Intelligence for Omni Hotels & Resorts
revcaster’s next-generation platform recently implemented across the Omni brand
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:
- 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;
- 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.
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.
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, Singapore and Dubai. To learn more about Rainmaker and its suite of hotel revenue and profit optimization solutions, visit www.LetItRain.com.