Fontainebleau Miami Beach Partners with Rainmaker to Optimize Hotel Revenue
The Rainmaker Group (Rainmaker), a provider of cloud-based hospitality revenue and profit optimization software, today announced that Fontainebleau Miami Beach has selected a comprehensive solution suite, including guestrev, grouprev, revcaster and revintel, to optimize hotel revenue and drive competitive advantage at the 1,504-room property. The agreement expands Rainmaker’s footprint in the luxury hotel and resort market.
Fontainebleau Miami Beach, South Florida’s most iconic resort, hosts thousands of guests each month and is a popular destination for both business and leisure travelers. The property’s management team wanted a comprehensive revenue optimization suite that would allow them to analyze total guest value, streamline group pricing processes and gain an edge on the competition. They also wanted a cloud-based software suite that would offer predictable IT costs and an accelerated return on investment. After an extensive review of vendors and solutions, they selected the Rainmaker suite based on features, functionality and ease of implementation.
“Our property is unique, with a variety of room categories and large group demand,” said Phillip Goldfarb, president and chief operating officer at Fontainebleau Miami Beach. “After a diligent search, we determined that the Rainmaker suite would meet all our revenue optimization goals. We look forward to using the solutions to automate our group pricing process, gain insight into our revenue operation, and make more informed and profit-driven business decisions.”
Fontainebleau Miami Beach has implemented the following revenue and profit optimization solutions from Rainmaker:
- guestrev, an intuitive and easy-to-use revenue management solution that analyzes total guest value across a hotel or casino property to forecast and price rooms;
- grouprev, an innovative group pricing solution that streamlines the process of responding to group RFPs by analyzing historical data, future demand and price sensitivity to recommend the best pricing for group business;
- revcaster, a powerful rate shopping tool that gives hoteliers access to real-time actionable market data, so that rates can be set against the competitive landscape; and
- revintel, an intuitive business intelligence solution that improves day-to-day revenue management by mining various data sets and providing deep insights at a granular level.
Situated on 20 oceanfront acres, Fontainebleau Miami Beach is one of the most architecturally and historically significant hotels in the world. The property includes more than 1,500 luxury guest rooms and suites, 12 restaurants and lounges, an exclusive collection of retail shops, a 40,000-square-foot award-winning Lapis spa, and a dramatic oceanfront poolscape. The property is also home to the world-renowned LIV nightclub, which recently underwent a $10 million renovation.