Atlanta, GA (PRWEB) March 17, 2015
The Rainmaker Group announced today it has acquired Revcaster LLC, the leading hospitality market intelligence, rate shopping and analytics solution. The acquisition and addition of the Revcaster™ solution expands and strengthens Rainmaker’s product suite, providing the most comprehensive revenue management suite to traditional hotels, casino hotels, and resort hotels. The only solution that also solves for competitive rate shopping.
Amar Duggasani, Chief Strategy Officer at The Rainmaker Group, said, “The Revcaster acquisition is part of our continued strategy to provide effective analytical solutions that increase revenue for operators in the hospitality and gaming industry. There are no other hotel revenue management solutions that provide a market intelligence and competitor rate shopping solution. Our companies share a common culture of customer service and technology innovation that will benefit both companies’ clients around the world.”
Daniel Wise, Revcaster founder and President, stated, “Revcaster’s solution integrates seamlessly with Rainmaker’s GuestREV® and GroupREV® products and will further optimize revenue for hotel operators. Our new relationship with Rainmaker will also strengthen Revcaster’s solutions and services to clients as we leverage a broader, more impactful solution suite to solve our customer’s most valuable unsolved problems – for small and large organizations.”
Revcaster is the leading provider of flexible, cost effective hotel pricing tools that help hoteliers maximize ADR and be more profitable. Developed by hoteliers for hotel operators, Revcaster’s application collects market-specific hotel price information from hundreds of branded sites and online travel agencies and provides easy-to-use reports and data downloads that increase revenue for clients. Revcaster’s services to clients will be unchanged and it will continue to operate from its Portland, Oregon office.
The Rainmaker Group is the market leading provider of automated revenue management and profit optimization software solutions for the Gaming, Hospitality and Multifamily Housing industries. An innovator and thought leader in the highly specialized revenue optimization field, Rainmaker leverages cutting edge research in order to bring clients the most sophisticated systems and help them achieve the highest profitability from their assets. Gaming/Hospitality clients include leading organizations such as Atlantis The Palm Dubai, Caesars Entertainment, Kerzner International, MGM Resorts International, Omni Hotels & Resorts, Wynn Las Vegas and many others. Multifamily housing clients include leading REITs such as AvalonBay Communities, Equity Residential, Gables Residential, Post Properties, MAA and more. Rainmaker is a Microsoft Silver Certified Partner headquartered in northern Atlanta, GA, and has for four years running ranked on the Inc. 5000 list among America’s top fastest growing, privately held companies. For more information, visit http://www.LetItRain.com.
Revcaster is the leading provider of flexible, cost effective hotel rate shopping tools to help hoteliers maximize ADR and be more profitable. Developed by hoteliers for hotel operators, Revcaster’s application collects market-specific comp-set hotel price information from hundreds of branded sites and online travel agencies. Revcaster provides easy-to-use reports and data downloads. Reports are available anytime online in daily, weekly or other user-specific delivery formats. The company’s API makes it super easy to download pricing data into any revenue management tool or PMS its clients prefer. Revcaster’s professional customer-centric approach to project implementation and support, proven track record, and installed base of 5,000 properties underscore company’s unrivaled grasp of intelligent rate shopping principles for the hotel industry. For more information, visit https://www.revcaster.com/.