Rainmaker Recipient of Info-Tech Research Group’s Trend Setter Award
December 4, 2013 5:19am
Of Seven Revenue Management Systems Evaluated, GuestREV® Called the Perfect System for Cutting-Edge Casino-Hotels
ATLANTA, GA - December 4, 2013 - In its 2013 Vendor Landscape: Revenue Management Systems report, Info-Tech Research Group, Inc., a global leader in providing IT research and advice, listed Rainmaker's GuestREV® system as the Trend Setter Award recipient, calling it "the perfect system for cutting-edge casino-hotels looking to make decisions based on total guest value." Info-Tech Research Group also recognized Rainmaker for its "innovative approach of introducing gaming revenue to revenue management modeling."
Trend Setter Awards are presented to those solutions - and only those solutions - that are deemed to include the most original/inventive product/service, or the most original/inventive feature/capability of a product/service. Only one Trend Setter Award is available for each Vendor Landscape.
In its comprehensive 41-page report, Info-Tech Research Group stated that customer segmentation, manual overrides, multi-currency capability, and a system's ability to push rates to frontline employees based on established parameters, today, are "table stakes that represent the minimum standards" for a revenue management system, without which the system "doesn't even get reviewed."
The report lists nine advanced features as today's market differentiators for assessing the strength and value of a revenue management system. Of the seven organizations whose revenue management systems were evaluated, only Rainmaker's GuestREV system received a top score for all nine advanced features. Market differentiating features assessed included channel management, competitive rate modeling, controls, demand forecasting, events and promotions, groups, multi-property, non-room revenue and reporting.
"Rainmaker has emerged as a leading RMS [revenue management system] player in the gaming-hospitality industry as it is often viewed as the go-to solution," the report stated. "Gambling revenue is the most complicated form of non-room revenue, so casino-hotels need to make sure their RMS can account for that. GuestREV's focus on total revenue has carved out a solid foothold in North American casino-hotels."
Said Tammy Farley, president of Rainmaker, "We're extremely honored to receive this award. Today's casino-hotel operators are keenly aware that while cost management will always be a top priority, their top- and bottom-line growth objectives are achieved only with innovative, market-leading products specifically tailored to drive revenue. We're pleased and proud to be listed as the one company whose revenue management system takes an 'innovative approach of introducing gaming revenue' as a way to drive incremental revenue for today's world-class casino-hotels."
The Trend Setter Award is Rainmaker's second such acknowledgement for innovation this year. In March, Rainmaker earned a spot on the Technology Association of Georgia's (TAG's) prestigious Top 40 Innovative Technology Companies in Georgia for ReelREV™, an automated pricing science software for slot machines designed to generate greater financial yield from existing casino assets.
trend setter award,
Contact: Nancy Nevins, Director of Marketing
Contact: for Media: Greg Houston, Principal,
Rainmaker Executives Featured at Hotel Revenue Conference 2018
Rainmaker’s revcaster® Powers Newly Enhanced Market Intelligence for Omni Hotels & Resorts
The Rainmaker Group Ends 2017 with Record-Breaking Growth
Lake Lawn Resort Selects Solution Suite from Rainmaker to Increase Profitability and Outperform the Competition
The Rainmaker Group Closes Sale of Multifamily Housing Assets
Fontainebleau Miami Beach Selects Solution Suite from Rainmaker to Optimize Hotel Revenue and Drive Competitive Advantage
Rainmaker Announces Antitrust Clearance from U.S. Department of Justice, Clearing the Way for Completion of Multifamily Assets Sale
Rainmaker Ends Q3 2017 with High-Growth Momentum
Rainmaker Executive Dan Skodol a Featured Speaker at Best Western Hotels & Resorts 2017 Annual Conference
Rainmaker Executive Angie Dobney to Participate in Panel Discussion at TribalNet Conference & Tradeshow
Rainmaker and StayNTouch Partner to Help Hotels Increase Bookings, Optimize Revenue and Boost Profitability
Rainmaker Ends Summer with Record-Setting Performance and Growth
Rainmaker Executive Ellis Connolly to Moderate Panel at Stay Boutique Leadership Conference
The Rainmaker Group Wins Prestigious GGB Gaming & Technology Award
Rainmaker President Tammy Farley to Present Revenue Generation Session at AAHOA’s 2017 Women Hoteliers Conference
Rainmaker's Angie Dobney Demonstrates Revenue and Guest Loyalty Optimization Strategies at BITAC Casino Resorts 2017
The Rainmaker Group Ranks on Inc. 5000 List of America’s Fastest-growing Private Companies for Seventh Consecutive Year
Rainmaker to Advocate Industry Education and Innovation as Presenting Sponsor of 2017 Hotel Data Conference
Rainmaker Continues Strong Growth Trajectory with Record Setting First Half of 2017
the D Las Vegas Increases Profitability and Efficiency with Revenue and Profit Optimization Solutions from The Rainmaker Group
Please login or register to post a comment.