The Rainmaker group acquires Revcaster LLC
The Rainmaker Group announced 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.