Reno, Nevada’s marquee Atlantis Casino Resort Spa – recently named the top casino outside Las Vegas by USA Today and the number one hotel in Reno per TripAdvisor.com – has called upon The Rainmaker Group for profit optimization solutions to grow its business. The AAA four diamond hotel, spa and gaming retreat is nestled at the base of the Sierra Nevada mountain range and enjoys exclusive Sky Bridge access to the Reno-Sparks Convention Center, complementing its own conference facilities, recently upgraded with a $100 million investment. Rainmaker is the market leader in profit optimization solutions servicing hotels, casino hotels and resorts, and Atlantis is implementing four Rainmaker products to help it achieve maximum profitability from its assets.
GuestREV is Rainmaker’s flagship revenue management solution, built upon proven forecasting and optimization algorithms to provide the most accurate forecasts as well as optimal pricing. It was the first of its kind to factor total guest value into the optimization process, considering potential revenue from gaming, food and beverage, spa and other profit centers along with room revenue. GuestREV also takes demand uncertainty and costs and values into consideration, resulting in top- and bottom-line growth and rapid ROI after implementation. It integrates with leading property management systems as well as in-house and legacy systems.
Atlantis will benefit from the complete Rainmaker solution, including GroupREV, which delivers intelligent pricing – compliant with revenue management policy – and optimized to capture a sale in seconds. Revcaster, a tool for market-specific hotel price comparison and rate positioning, will give Atlantis an edge in the competitive Reno market, and Rainmaker’s business intelligence web-based platform will generate timely and actionable insights that leverage different sources of data to support Atlantis’ profitability goals.
“Nevada tourism is pivotal to the state’s GDP, contributing 12.9 percent compared to the national average of 2.7 percent,” said Tammy Farley, president, Rainmaker. “We are excited to see our solutions integrated into Atlantis Casino Resort Spa’s business strategy, as it looks to maximize revenue and contribute further to the state’s thriving industry.”
“We were drawn to Rainmaker’s cutting-edge research and proven scientific approach when exploring how best to optimize our profits,” said Cheraz Ecker, general manager, Atlantis Casino Resort Spa. “Our property is multi-faceted – from the hotel to spa, dining, gaming and conference facilities – and we needed a true partner with proven technology to guide us to maximum profitability. Rainmaker’s four marquee solutions were an easy choice.”