News for the Hospitality Executive
Foxwoods Installs The Rainmaker Group’s
revolution Revenue Management System
Largest casino in North America uses Rainmaker to optimize profitability
at 4 hotels with 2,221 rooms
ATLANTA, GA, October 15, 2008 – The Rainmaker Group, the world leader in automated revenue management software and services to the casino gaming, hospitality and multi-family housing industries for total property profitability, announced Foxwoods Resort Casino® installed the revolution sm Product Suite to optimize revenue for the property’s more than 2,200 hotel rooms in its four hotels that include the MGM Grand at Foxwoods. Foxwoods is North America’s largest casino.
“Rainmaker’s revolution Revenue Management Suite is an essential tool for profitably operating a large multi-property casino hotel enterprise like Foxwoods,” said Zan Miller, Foxwoods’ executive director of revenue management. “Rainmaker enables Foxwoods to maximize segment profitability even in periods of fluctuating consumer demand and shifts in our markets. We use the system for accurate segment profitability forecasting and it provides pertinent data to identify areas of ‘demand opportunity.’”
Miller stated that Foxwoods also uses the system’s detailed information to set the most efficient staffing levels throughout the resort and utilizes a predictive forecasting model to help set optimal rate recommendations by segment. The company includes data from revolution sm as part of its decision process in customizing special events, direct marketing programs and group/convention sales efforts.
Foxwoods hotels include the 806-room Grand Pequot Tower, 312-room Great
Cedar Hotel, the 280 room Two Trees Inn and the 825-room MGM Grand at Foxwoods.
Foxwoods also features more than 55,000 square feet of meeting space and
25 conference rooms.
The revolution Product Suite is an enterprise Revenue Management system for chains and hotel groups that enables casino properties to increase revenue by instantly determining the minimum acceptable value of each new reservation based on total customer value. This helps hotels secure the most profitable mix of business, while ensuring there is availability for a client's best customers.
The revolution revenue optimization Product Suite is installed by the largest and most successful casino hotels in the world. Rainmaker clients include:
• Trump Entertainment Resorts
About Foxwoods Resort Casino
The Rainmaker Group also provides the revolution LRO TM profit optimization solution that enables multifamily housing operators to maximize revenue from apartment leases. revolution LRO TM lease rate improvement results have been reviewed and validated by independent accounting firms. For more than five years revolution LRO TM has delivered optimized leasing rates to the largest operators in the industry including Archstone, Equity Residential, Post Properties, Laramar Group, Home Properties, Simpson Housing, Mid-America Apartment Communities, Carmel Partners and other leading multifamily housing companies.
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