News for the Hospitality Executive |
ATLANTA, GA – July 26, 2012 – Nearly 18 months ago, Treasure Island Hotel Casino in Las Vegas implemented The Rainmaker Group’s Revenue Management software solution, GuestREV™, to serve as an important tool for maximizing profitability across its 2,900-room enterprise. After using the system for the last year and half, officials of the largest privately held casino in Las Vegas are pleased with the results. “It’s a great tool for yield management,” said Najam Khan, executive vice president and general manager of Treasure Island Las Vegas. “As a user, you still need to be able to think critically, but the system’s capacity to factor in competitor rates and suggest optimal room rates to maximize revenue is one of its best features.” The level of integration between GuestREV and the LMS property management system by Agilysys was a key factor in Treasure Island’s decision to choose the Rainmaker system. The ability, in realtime, to provide the best rate based on total guest value, via the integration between GuestREV and LMS, ensures that rooms are always available for the most valuable guests, without sacrificing the guest experience. Rainmaker’s GuestREV system enables casino hotels to:
The Rainmaker Group is the market
leader in profit optimization solutions for the Gaming &
Hospitality and
Multifamily Housing industries. Rainmaker software, coupled with
professional
business consulting services, helps operators of casino hotels and
other
hospitality enterprises secure the most valuable customers to increase
their
profitability and enables multifamily housing operators to maximize
revenue
from apartment leases. Rainmaker is a Microsoft Gold Certified Partner
and
leverages cutting-edge research in order to bring customers the most
sophisticated solutions to their revenue management challenges. Adopted
by
industry leaders and niche players alike, Rainmaker solutions provide
clients a
strategic advantage in achieving the highest profitability from their
assets.
Gaming/Hospitality clients include leading casino/hotel organizations
such as
Atlantis The Palm Dubai, Caesars Entertainment, MGM Resorts
International, Omni
Hotels & Resorts, Revel, Wynn Las Vegas and many others.
Multifamily
housing clients include leaders such as Archstone, AvalonBay
Communities,
Equity Residential, Gables Residential, Post Properties, Mid-America
Apartment
Communities and more. Headquartered in
northern Atlanta, GA, Rainmaker is an innovator and thought leader in
the
highly specialized revenue optimization field. In 2011, Inc. magazine
ranked
Rainmaker among America’s top 5,000 fastest growing, privately held
companies. For more information, visit www.LetItRain.com.
About Treasure Island Las Vegas Treasure Island (TI) Hotel Casino Las Vegas is a privately owned hotel and casino on the legendary Las Vegas Strip. At nearly 3,000 rooms, it remains the only major property to claim that unique position. Home to headline entertainment, The Sirens of TI and the original Cirque du Soleil show, Mystère, Treasure Island offers entertainment and dining options for the most discriminating of taste. For more information about Treasure Island, visit www.treasureisland.com. |
Company
Contacts: The Rainmaker Group Nancy Nevins, Director of Marketing (678) 578-5728 [email protected] Treasure Island Hotel Casino Las Vegas Michelle Knoll, Sr. Vice President – Communications (702) 894-7589 [email protected] Media Contact: Greg Houston, Principal DeanHouston, Inc. (513) 421-6622 [email protected]
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