"We have revenue management at a number of our communities and we do believe in the science of revenue management and we
have started deploying it into the portfolio."
Leo Horey, Executive Vice President Operations, AvalonBay Communities - First Quarter 2009 Earnings Call
"Our success depends on how profitably we manage the properties we own, as well as those of our fee-management clients. To maintain our leadership position, we constantly look at advanced management technologies to increase revenue while improving our operating efficiency. Thus in the fourth quarter of 2007, we partnered with The Rainmaker Group to design a pilot program to test its revolution LRO automated lease rent optimization system. revolution LRO passed this test with flying colors."
Dave Woodward, CEO, Laramar Group
"Wynn Las Vegas believes strongly in revenue management. We recognize the importance of optimizing the total customer value for all of Wynn's properties, and The Rainmaker Group was clearly the best choice to support us with our efforts. Their solutions are extremely effective at boosting revenue for clients."
Andrew Pascal, President of Wynn Las Vegas LLC
“revolution LRO has become synonymous with Equity Residential’s pricing strategy and the overall daily execution of our strategy. With Rainmaker holding the reins for revolution LRO’s future, we are confident that the mathematics behind revolution LRO will always stay at the forefront and serve as the foundation of our revenue management platform. With Rainmaker, Equity gets an experienced revenue management company whose sole focus is only revenue management.”
Michael Manelis, Senior Vice President Property Operations, Equity Residential
revolution LRO consistently allows Simpson to maximize our rental revenue growth. In addition to our exceptional revenue growth; the information we acquire from revolution LRO allows us to manage our operations proactively, more effectively and efficiently. We use revolution LRO, revolution LRO data and revenue management principles as tools in various activities from acquisitions and developments to setting our yearly operating budgets.”
Todd Pope, President, Simpson Property Group
"Rainmaker's revolution LRO yield management system is a key part of our operating platform and it gives our Property Operations group the ability to price consistently from the market level down to the unit level. The system has been enthusiastically adopted by our property teams for a number of reasons, including the ability revolution LRO gives our properties to customize lease terms to suit our resident’s needs. Consistency for our company and flexibility for our customers are two parts of the Rainmaker solution that have added value to the way we do business at MAAC”
Drew Taylor, EVP, Director of Asset Management, Mid-America Apartment Communities
"The Rainmaker Group has the deepest and widest pricing and revenue management skillset of any pricing vendor in our industry. They bring forward-thinking revenue management principles to this industry rather than creating merely rules-based systems that would institutionalize existing biases. Their experience in multiple industries and demonstrated ability to apply those lessons to the multi-family industry made choosing them a ‘no brainer.”
Donald Davidoff, Group Vice President, Strategic Systems, Archstone
"Foxwoods’ recent installation of the Rainmaker Group’s revolution Revenue Management application was the smoothest major system implementation I have experienced in my 30 years in the hospitality industry. revolution is the premier Revenue Management Modeling System for hotels and has proven to be a cost effective driver of revenue optimization. Most importantly, it is a strategic application that is easily understood by our staff and management team. This makes it very effective in developing revenue management practices within our casino hotel operation. The Rainmaker team has more than met my expectations.”
Zan Miller, Executive Director of Revenue Management, Foxwoods Casino Resort
"Revenue management initiatives continued to produce positive results as, for the quarter, hotel occupancy improved to 86% from 82%, revenue per available room (“RevPAR”) increased 7.6% to $75.77, and cash room revenue increased 6.9% to $7.5 million. "
Trump Entertainment Resorts Reports First Quarter 2008 Results
"We've seen a nearly 3% increase in capture of the total available revenue opportunity, defined as what we would have booked anyway plus what we could have potentially turned away. Through better and more strategic decision-making, and through the suggestions made by the revolution system, we are able to capture significantly more of that revenue,"
Brad Anderson, Corporate Director of Revenue Management, Omni Hotels
"Our pilot test convinced us of revolution LRO's ability to increase revenue in much less time than we expected. We installed revolution LRO throughout our portfolio after the pilot showed that we were missing significant revenue opportunities every day we operated without the system."
Tom Wilkes, President, Post Apartment Management
"We increased cash revenue 38% and reduced comp expenses 8% by updating our strategy and automating our operation with the revolution LRO Revenue Management system from The Rainmaker Group. RevPAR went through the roof as well."
Lyra Hynie, Corporate Director of Hotel Yield and Teleservices, Boyd Gaming
"Mid-America recently completed installation of the revolution LRO system after realizing a rate lift of nearly 3% in a pilot test of the application in a spectrum of properties."
Simon Wadsworth, CFO and executive VP of Mid-America Apartment Communities.
"Trump Entertainment Resorts is using the revolution suite in its Atlantic City properties to optimize revenue and maximize the benefits of increased demand as a result of the physical and marketing enhancements at our properties. The Rainmaker system assists in setting room rates and comp hurdles based on a comprehensive profile of each guest. This enables us to increase profitability by recommending optimal room values for each segment."
Dan Skodol, Director of Revenue Management - Atlantic City, Trump Entertainment Resorts
"After the renovation of our hotel and casino facility and implementation of the revolution Revenue Management System from The Rainmaker Group, the 1,087-room hotel is achieving a 300% increase in its average daily rate while running at over 90 percent occupancy since its post-Katrina renovation. We use revolution to optimize the room rate for each guest and group based on their value to all areas of the enterprise, including the casino."
Robert Brigham, VP of Hotel Operations, IP Resort Casino Spa
"In early '08 we were able to maintain a steady revenue stream without the concessions we had to give at our control property. revolution LRO took the volatility out of vacancy loss by keeping us in a better occupancy position. This resulted in cash flows far in excess of “Market” and revolution LRO proved its “value” with Laramar."
Justin Sato, Assistant Vice President, Laramar Group
Leo Horey, Executive Vice President Operations, AvalonBay Communities - First Quarter 2009 Earnings Call
"Our success depends on how profitably we manage the properties we own, as well as those of our fee-management clients. To maintain our leadership position, we constantly look at advanced management technologies to increase revenue while improving our operating efficiency. Thus in the fourth quarter of 2007, we partnered with The Rainmaker Group to design a pilot program to test its revolution LRO automated lease rent optimization system. revolution LRO passed this test with flying colors."
Dave Woodward, CEO, Laramar Group
"Wynn Las Vegas believes strongly in revenue management. We recognize the importance of optimizing the total customer value for all of Wynn's properties, and The Rainmaker Group was clearly the best choice to support us with our efforts. Their solutions are extremely effective at boosting revenue for clients."
Andrew Pascal, President of Wynn Las Vegas LLC
“revolution LRO has become synonymous with Equity Residential’s pricing strategy and the overall daily execution of our strategy. With Rainmaker holding the reins for revolution LRO’s future, we are confident that the mathematics behind revolution LRO will always stay at the forefront and serve as the foundation of our revenue management platform. With Rainmaker, Equity gets an experienced revenue management company whose sole focus is only revenue management.”
Michael Manelis, Senior Vice President Property Operations, Equity Residential
revolution LRO consistently allows Simpson to maximize our rental revenue growth. In addition to our exceptional revenue growth; the information we acquire from revolution LRO allows us to manage our operations proactively, more effectively and efficiently. We use revolution LRO, revolution LRO data and revenue management principles as tools in various activities from acquisitions and developments to setting our yearly operating budgets.”
Todd Pope, President, Simpson Property Group
"Rainmaker's revolution LRO yield management system is a key part of our operating platform and it gives our Property Operations group the ability to price consistently from the market level down to the unit level. The system has been enthusiastically adopted by our property teams for a number of reasons, including the ability revolution LRO gives our properties to customize lease terms to suit our resident’s needs. Consistency for our company and flexibility for our customers are two parts of the Rainmaker solution that have added value to the way we do business at MAAC”
Drew Taylor, EVP, Director of Asset Management, Mid-America Apartment Communities
"The Rainmaker Group has the deepest and widest pricing and revenue management skillset of any pricing vendor in our industry. They bring forward-thinking revenue management principles to this industry rather than creating merely rules-based systems that would institutionalize existing biases. Their experience in multiple industries and demonstrated ability to apply those lessons to the multi-family industry made choosing them a ‘no brainer.”
Donald Davidoff, Group Vice President, Strategic Systems, Archstone
"Foxwoods’ recent installation of the Rainmaker Group’s revolution Revenue Management application was the smoothest major system implementation I have experienced in my 30 years in the hospitality industry. revolution is the premier Revenue Management Modeling System for hotels and has proven to be a cost effective driver of revenue optimization. Most importantly, it is a strategic application that is easily understood by our staff and management team. This makes it very effective in developing revenue management practices within our casino hotel operation. The Rainmaker team has more than met my expectations.”
Zan Miller, Executive Director of Revenue Management, Foxwoods Casino Resort
"Revenue management initiatives continued to produce positive results as, for the quarter, hotel occupancy improved to 86% from 82%, revenue per available room (“RevPAR”) increased 7.6% to $75.77, and cash room revenue increased 6.9% to $7.5 million. "
Trump Entertainment Resorts Reports First Quarter 2008 Results
"We've seen a nearly 3% increase in capture of the total available revenue opportunity, defined as what we would have booked anyway plus what we could have potentially turned away. Through better and more strategic decision-making, and through the suggestions made by the revolution system, we are able to capture significantly more of that revenue,"
Brad Anderson, Corporate Director of Revenue Management, Omni Hotels
"Our pilot test convinced us of revolution LRO's ability to increase revenue in much less time than we expected. We installed revolution LRO throughout our portfolio after the pilot showed that we were missing significant revenue opportunities every day we operated without the system."
Tom Wilkes, President, Post Apartment Management
"We increased cash revenue 38% and reduced comp expenses 8% by updating our strategy and automating our operation with the revolution LRO Revenue Management system from The Rainmaker Group. RevPAR went through the roof as well."
Lyra Hynie, Corporate Director of Hotel Yield and Teleservices, Boyd Gaming
"Mid-America recently completed installation of the revolution LRO system after realizing a rate lift of nearly 3% in a pilot test of the application in a spectrum of properties."
Simon Wadsworth, CFO and executive VP of Mid-America Apartment Communities.
"Trump Entertainment Resorts is using the revolution suite in its Atlantic City properties to optimize revenue and maximize the benefits of increased demand as a result of the physical and marketing enhancements at our properties. The Rainmaker system assists in setting room rates and comp hurdles based on a comprehensive profile of each guest. This enables us to increase profitability by recommending optimal room values for each segment."
Dan Skodol, Director of Revenue Management - Atlantic City, Trump Entertainment Resorts
"After the renovation of our hotel and casino facility and implementation of the revolution Revenue Management System from The Rainmaker Group, the 1,087-room hotel is achieving a 300% increase in its average daily rate while running at over 90 percent occupancy since its post-Katrina renovation. We use revolution to optimize the room rate for each guest and group based on their value to all areas of the enterprise, including the casino."
Robert Brigham, VP of Hotel Operations, IP Resort Casino Spa
"In early '08 we were able to maintain a steady revenue stream without the concessions we had to give at our control property. revolution LRO took the volatility out of vacancy loss by keeping us in a better occupancy position. This resulted in cash flows far in excess of “Market” and revolution LRO proved its “value” with Laramar."
Justin Sato, Assistant Vice President, Laramar Group
