Revenue Management Suite in All Atlantic City Properties
demand for three properties and 2,900 rooms
|ATLANTA, GA, June 21, 2007 – The Rainmaker
Group, the world leader in automated revenue
management software and services to the casino hotel
and multi-family housing industries for total property profitability, announced
today that Trump Entertainment Resorts has implemented Rainmaker’s revolution
Product Suite of revenue management modules in all three of its gaming
resorts in Atlantic City. The revolution
Product Suite considers all important revenue streams at client properties
to maximize profitability for gaming properties and hotel groups.
“Trump Entertainment Resorts is using the revolution
suite in its Atlantic City properties to optimize revenue and maximize
the benefits of increased demand as a result of the physical and marketing
enhancements at our properties,” said Dan Skodol, Director of Revenue Management
– Atlantic City for Trump Entertainment Resorts. “The Rainmaker system
assists in setting room rates and comp hurdles based on a comprehensive
profile of each guest. This enables us to increase profitability
by recommending optimal room values for each segment.”
About Rainmaker Group
The Rainmaker Group is a software and services company that provides revenue management for over one-half million units in the casino/gaming, multi-family housing and other industries. Rainmaker implements and supports the revolution product suite, which maximizes total property profitability for operators of casino hotels and other hospitality enterprises. The company enables clients to identify and maintain availability for their most profitable revenue sources through revenue management implementations. The Rainmaker Group helps casino hotels increase profitability through the accurate, instantaneous ability to determine the minimum acceptable value of each guest. This increases client profitability by securing the most profitable customers while developing more effective business processes. Hospitality clients include Boyd Gaming, Harrah’s Entertainment, Omni Hotels, MGM MIRAGE, Trump Entertainment Resorts and other leading hotel companies.
The Rainmaker Group also provides the revolution LRO SM profit optimization solution that enables multi-family housing operators to maximize revenue from apartment leases. revolution LRO lease rate improvement results have been reviewed and validated by independent accounting firms. For over five years revolution LRO has delivered optimized leasing rates to the largest operators in the industry including Archstone-Smith, Equity Residential, Post Properties, Simpson Housing, Mid-America Apartment Communities and a number of other leading multifamily housing companies.
About Trump Entertainment Resorts
Trump Entertainment Resorts, Inc. is a leading gaming company that owns and operates three properties. The Company’s properties include Trump Taj Mahal Casino Resort and Trump Plaza Hotel and Casino, located on the Boardwalk in Atlantic City, New Jersey, and Trump Marina Hotel Casino, located in Atlantic City’s Marina District. The Company is the sole vehicle through which Donald J. Trump, the Company’s Chairman and largest stockholder, conducts gaming activities and is separate and distinct from Mr. Trump’s real estate and other holdings. For more information, please visit www.trumpcasinos.com.
Trump Entertainment Resorts
|Also See:||The Rainmaker Group Launches New Version of Multi-Family Housing Revenue Management System, revolution LRO; Revenue Management leader taps two math Ph.D.s, leverages data for more profitable business decisions by MFH operators / May 2007|
|The Rainmaker Group's 2007 Client Steering Committee Conference Expands 'Product Roadmap'; Revenue Management leader listens to users for product development guidance / April 2007|
|Casino Hotels Boost Profits with Rainmaker Group, Agilysys Tech Collaboration; Revenue Management and Property Management Systems identify profitable gamers / March 2007|
|The Rainmaker Group Hosts 3rd Annual Client Steering Committee Meeting; User Input to Guide Development; Revenue Management leader taps users for 'Project Roadmap,' assesses client priorities / March 2007|
|The Rainmaker Group Increases Staff 30%, Relocates to Larger Offices; Revenue Management leader adds business unit, expands to service growing client demand / March 2007|
|The Rainmaker Group Launches Revenue Management Pilots with Four Major Multi-Family Housing Operators; Rainmaker revolution LROsm system demonstrates immediate lease/rent revenue lift / January 2007|
|Boyd Gaming Hits 'Jackpot' With Revenue Management Strategy; Focus on guest value gives the advantage to the house / September 2006|
|The Rainmaker Group to Share Expertise at Revenue Management and Pricing Conference; Rainmaker Executive VP, Tom Walker, will speak at EyeforTravel Revenue Management and Pricing in Travel 2006 Conference / August 2006|