 ATLANTA,
GA, October 1, 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 that its fifth annual gaming and
hospitality Client Steering Committee Meeting received record high marks
from hotel and gaming executives. The event delivered value in stressful
times, according to attendees and presenters alike�including Wall Street
financial advisers who urged greater adoption of technology to drive new
revenue streams.
�The Rainmaker Steering Committee meeting was the most productive, valuable conference I have attended,� said Kelly Gunnoe, director of revenue management for MGM MIRAGE�s Mandalay Bay Resort & Casino in Las Vegas. �Each session provided useful and pertinent information for our bottom line. A particularly strong presentation came from financial analysts on trends that will affect our markets.� The Rainmaker Steering Committee reviews, validates and sets priorities for Rainmaker�s �Project Roadmap,� which is a constantly evolving plan for future system development. Analysts predict comeback in 2010 Rainmaker hosted the event September 8 � 11 at the luxury beachfront Bacara Resort and Spa in Santa Barbara, California. The company invited a panel of three Wall Street analysts who predicted: � Regional markets will recover more quickly from the softening economy than destinations like Las Vegas and Atlantic City as commodity prices pull backGo beyond cost cutting to revenue optimization The analysts underlined the importance of revenue optimization solutions for a hospitality gaming industry that has already �trimmed its fat� through effective cost-cutting practices. �Since gaming is still a people business, operators are reluctant to reduce labor levels beyond current levels and, as a result, will look to technology to drive top- and bottom-line improvements,� said panelist Joel Simkins, senior vice president of gaming and leisure for Macquarie Capital (USA) Inc. �Moneyball� author delivers keynote Rainmaker�s keynote presenter was Paul DePodesta, special assistant for baseball operations for the San Diego Padres. When DePodesta was assistant GM of the Oakland Athletics, the team�s remarkable success on a shoestring budget flaunted conventional wisdom that wealthy teams win out. That success was documented in the best-selling Moneyball: The Art of Winning an Unfair Game. DePodesta coached attendees on how to create innovative business strategies similar to those he used to build a winning baseball team. Build a revenue management culture
The Rainmaker Group also provides the revolution LRO profit optimization solution that enables multifamily housing operators to maximize revenue from apartment leases. revolution LRO lease rate improvement results have been reviewed and validated by independent accounting firms. For more than five years revolution LRO 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. |
