TravelClick and Rainmaker Partner in R&D
Cloud-based solutions provider TravelClick and revenue management and profit optimization provider Rainmaker Group entered into a joint research and development (R&D) partnership to allow TravelClick’s Demand360 business intelligence customers to integrate their subscription data into Rainmaker’s revenue management system (RMS) with the intent to help hotels and casinos create more powerful forecasting and pricing recommendations.
The partnership also facilitates Rainmaker to utilize TravelClick’s aggregated competitive future pacing data in its market leading revenue management solution suite to enable its over-5,000 hotel property clients to optimize revenue from all sources.
Joint customers are expected to generate more bookings and increase revenue.
Throughout the R&D phase, both companies will ensure that strict data use requirements are being met. Subscriber test software will only have access to data for the subscriber and an aggregated view of their competitive set. No individual competitive information will be shared.
The R&D phase and alpha test will last up to 12 months. It is projected for a solution to be commercially available in 2016.
The partnership also facilitates Rainmaker to utilize TravelClick’s aggregated competitive future pacing data in its market leading revenue management solution suite to enable its over-5,000 hotel property clients to optimize revenue from all sources.
Joint customers are expected to generate more bookings and increase revenue.
Throughout the R&D phase, both companies will ensure that strict data use requirements are being met. Subscriber test software will only have access to data for the subscriber and an aggregated view of their competitive set. No individual competitive information will be shared.
The R&D phase and alpha test will last up to 12 months. It is projected for a solution to be commercially available in 2016.