The Rainmaker Group announced it has acquired Revcaster LLC, a leading hospitality market intelligence, rate shopping and analytics solution provider.
The acquisition and addition of the Revcaster solution expands and strengthens Rainmaker’s product suite, providing a comprehensive revenue management suite to traditional hotels, casino hotels and resort hotels. According to the company, it is the only solution that also solves for competitive rate shopping.
“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,” said Amar Duggasani, chief strategy officer for The Rainmaker Group. “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, added, “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 increase profitability.