Foxwoods Installs The Rainmaker Group's revolution Revenue Management System
Largest casino in North America uses Rainmaker to optimize profitability at 4 hotels with 2,221 rooms
Atlanta, GA (PRWEB) October 15, 2008 -- The Rainmaker Group, the world leader in automated revenue management software and services to the casino gaming, hospitality and multifamily housing industries for total property profitability, announced Foxwoods Resort Casino® installed the revolution Product Suite to optimize revenue for the property's more than 2,200 hotel rooms in its four hotels that include the MGM Grand at Foxwoods. Foxwoods is North America's largest casino.
"Rainmaker's revolution Revenue Management Suite is an essential tool for profitably operating a large multi-property casino hotel enterprise like Foxwoods," said Zan Miller, Foxwoods' executive director of revenue management. "Rainmaker enables Foxwoods to maximize segment profitability even in periods of fluctuating consumer demand and shifts in our markets. We use the system for accurate segment profitability forecasting and it provides pertinent data to identify areas of 'demand opportunity.'"
Miller stated that Foxwoods also uses the system's detailed information to set the most efficient staffing levels throughout the resort and utilizes a predictive forecasting model to help set optimal rate recommendations by segment. The company includes data from revolution sm as part of its decision process in customizing special events, direct marketing programs and group/convention sales efforts.
Foxwoods hotels include the 806-room Grand Pequot Tower, 312-room Great Cedar Hotel, the 280 room Two Trees Inn and the 825-room MGM Grand at Foxwoods. Foxwoods also features more than 55,000 square feet of meeting space and 25 conference rooms.
Tammy Farley, principal of The Rainmaker Group, said, "Foxwoods is doing an excellent job of maximizing the revenue potential of every part of its impressive operation. In addition to optimizing room revenue, Zan's team is using revolution to create custom demand forecast reports for department heads that enables them to operate the entire enterprise more efficiently based on the type of business mix that is expected on a given day. The entire management group is making maximum use of the system."
The revolution Product Suite is an enterprise Revenue Management system for chains and hotel groups that enables casino properties to increase revenue by instantly determining the minimum acceptable value of each new reservation based on total customer value. This helps hotels secure the most profitable mix of business, while ensuring there is availability for a client's best customers.
The revolution revenue optimization Product Suite is installed by the largest and most successful casino hotels in the world. Rainmaker clients include:
- Trump Entertainment Resorts
- Kerzner International
- Boyd Gaming
- MGM MIRAGE
- Harrah's Entertainment and others.
About Foxwoods Resort Casino
Foxwoods Resort Casino® is North America's largest casino. It is located in Connecticut and is owned by the Mashantucket Pequot Tribal Nation and features six casinos with more than 7,200 slots, 380 table games, the only WPT World Poker Room™ in New England, High Stakes Bingo and Ultimate Race Book. There are 2,221 guest rooms and suites in four hotels, more than 30 restaurants, a luxurious spa, more than 50,000 square feet of premium meeting and event space, 24 retail shops and five entertainment venues, including the 1,400-seat Fox Theatre. Conveniently located adjacent to Foxwoods is Lake of Isles™, featuring two, 18-hole championship golf courses designed by Rees Jones and a state-of-the-art Golf Academy. Foxwoods supports responsible gaming, and plays a leadership role in the Connecticut Council of Problem Gambling, of which it was a founding entity.
About Rainmaker Group
The Rainmaker Group is a software and services company that provides revenue management for more than one-half million units in the gaming hospitality, multifamily housing and other industries. Rainmaker implements and supports the revolution Product Suite, which maximizes total property profitability for operators of casino hotels and other hospitality enterprises. The company enables clients to identify and maintain availability for their most profitable revenue sources through revenue management implementations. The Rainmaker Group helps casino hotels increase profitability through the accurate, instantaneous ability to determine the minimum acceptable value of each guest. This increases client profitability by securing the most profitable customers and developing more effective business processes. Hospitality clients include Boyd Gaming, Harrah's Entertainment, Omni Hotels, MGM MIRAGE, Trump Entertainment Resorts and other leading hotel companies.
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.
The Rainmaker Group
Tammy Farley
5755 North Point Parkway
Suite 77
Alpharetta, GA 30022
Phone: 678-578-5777
Email: sales@letitrain.com
http://www.letitrain.com/?Campaign=PRWebFoxwoodsOct152008
Foxwoods Resort Casino
Sandra Rios or Erin Breen
Public Relations
Phone: 860-312-4072
Email: srios@foxwoods.com or ebreen@foxwoods.com
www.foxwoods.com
Media Contact:
Julie Keyser-Squires, APR
Softscribe Inc.
180 River Springs Drive NW
Atlanta, GA 30328
Phone: (404)256-5512
Email: Julie@softscribeinc.com
http://www.softscribeinc.com
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