Rainmaker Closes Record-Breaking Q1 With Largest Sales Quarter in Company History
April 26, 2018 8:54am
Alpharetta, GA – April 26, 2018 - The Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality revenue and profit optimization software reports high Q1 growth with the largest hospitality sales quarter in the company’s history in addition to going live with several notable new brands. Also in Q1, Rainmaker appointed several new employees to fuel sales growth and product innovation, was honored by the City of Alpharetta with the Business of Excellence Award for the fifth consecutive year and hosted OPTIMIZE 2018, Rainmaker’s annual user conference, in Miami, FL.
“We’re proud to kick off 2018 with such a strong sales quarter,” says Mike Cowles, Chief Commercial Officer at Rainmaker. “Sustaining last year’s momentum with such a great start to the new year will allow us to continue to focus on product innovation and market expansion both domestically and internationally.”
Sales: Rainmaker had a very successful first quarter with a 39% sales growth YOY.
Customers: Record sales numbers brought an array of new customers and implementations in Q1, including Two Roads Hospitality’s Hotel Revival, a new, 107-room Joie de Vivre property in Baltimore, MD who went live with revintel, Rainmaker’s hotel Business Intelligence (BI) solution. This implementation marks 58 total properties live on revintel from Two Roads Hospitality’s portfolio. Also in the Midwest, Hotel Boulderado implemented guestrev, Rainmaker’s flagship product and core solution to their Revenue Management System (RMS), at their 160-room property in Boulder, CO.
People: Rainmaker appointed Hicham Diab to drive business development efforts in the Middle East and Africa. Based out of Rainmaker’s Dubai office, Hicham is tasked with supporting and expanding the Rainmaker’s growing customer base in the region. Another addition outside of the U.S. is Celeste Loh, Senior Business Consultant, who will play a critical role in supporting strategic accounts in Asia-Pacific. Celeste will be based out of Rainmaker’s international headquarters in Singapore. And finally, Sunny Zhao has joined the Science and Value Engineering team as a Data Analyst in our worldwide headquarters in Alpharetta, GA, a northern suburb of Atlanta.
Awards: In March, Rainmaker was acknowledged by the city of Alpharetta, GA for being recognized as a local “Business of Excellence” for the fifth consecutive year.
Events: Rainmaker’s annual user conference, OPTIMIZE, was held March 7-9 in Miami, Fl. The event was held at two of Rainmaker’s customers’ properties, Eden Roc and Fontainebleau, both in Miami Beach. Also in March, Rainmaker’s team participated in Singapore’s RevMan Roundtable and the Tribal Casino & Hotel Development Conference in California.
Open Positions: Rainmaker is looking to expand their growing team and has several open positions including a Technical Implementation Consultant, multiple Sales Development Representatives, and multiple Senior Developers. Rainmaker was voted one of the top 10 places to work in Hotel Tech in 2018 by Hotel Tech Report. To learn more about these open positions and join a fantastic team, visit Rainmaker’s careers page.
the rainmaker group,
Rainmaker is the hotel revenue management and profit optimization cloud. The company partners with hotels, resorts and casinos to help them outperform their revenue and profit objectives. Rainmaker’s cloud-based solutions for transient and group pricing optimization, demand forecasting, business intelligence and market analysis are designed to help hoteliers streamline operations and revenue optimization processes, improve lead performance and drive guest bookings. Recognized as one of the top privately held companies in the United States, Rainmaker has been named to Inc. 5000’s ‘Fastest Growing Privately Held Companies’ for the last seven years and to the Atlanta Business Chronicle’s list of ‘100 Fastest Growing Companies in Atlanta.’ Rainmaker serves hospitality customers throughout the world from its corporate headquarters in Alpharetta, Ga. and from offices in Las Vegas, Singapore and Dubai. To learn more about Rainmaker and its suite of hotel revenue management and profit optimization solutions, visit www.LetItRain.com.
Contact: Dana Glaze
Rainmaker Enters Q2 With High-Growth Momentum and Exciting New Advances
Perception Is Reality: Pricing Psychology for Hotel Revenue Managers
Hotel Booking Engine Launched by Bedvine
Azalea Hotels & Residences in the Philippines Sees a 30% Increase in Its Revenue With Hotelogix
IDeaS Revenue Solutions Reports Unprecedented Momentum in EMEA Markets
Sales and RM – Why Can’t We Be Friends?
The Top 7 Hospitality Trends Every Hotelier Should Watch in 2019
5 Ways Hotels Can Drive Revenues in 2019
Rainmaker Selects OTA Insight As Strategic Partner for Rate Intelligence
Rainmaker Closes a Record Year With an Increased Global Footprint, New Customer Growth, and Innovation in New Segments
What the Changing Distribution Landscape Means for Hotels in 2019
Middle East Hotels Turn to The Rainmaker Group for Better Hospitality Analytics
Key Tools to Include in Your Group Sales Toolkit
Hotel Budget Season: Design Your Most Profitable Channel Mix Strategy in 2019
Why You Need to Take a Holistic Approach to Hotel Budgeting
Okada Manila Selects Rainmaker Solution Suite to Drive Guest Bookings, Outperform Competitors and Increase Profitability
North American Hoteliers Kick Off Second Half of 2018 With Continued Steady Rates and Bookings; Q2 2019 Shows Signs of Softness
The Rainmaker Group Now Integrates With Central Reservation System, Windsurfer® CRS, to Provide a More Streamlined Interface for Customers
SHR Integrates With Rainmaker Guestrev® to Provide Advanced Revenue Optimization Tool
Beyond RevPAR: Understanding Total Group Revenue for Hotels
Please login or register to post a comment.