Rainmaker Group Introduces Enhanced LRO Program

ATLANTA , GA - The Rainmaker Group, the leading provider of revenue management and profit optimization solutions to the multifamily housing and gaming/hospitality industries, is pleased to announce Rainmaker University, an expansion to its current LRO™ solution training platform.  The enhanced training provides additional in-person and Web-based training for all levels of LRO users from pricing managers to corporate and site-level team members.

“We constantly look for more ways to deliver greater services to our customers and provide extra help to them in times of new property acquisitions or when there is turnover at the site-level,” said Tracy Paulk, vice president of training and education for the Rainmaker Group. “To that end, we reached out to customers to determine if more regular, ongoing training was of interest to them. Positive responses were received from conversations with customers, as well as from feedback received during the recent 2011 LRO User Conference.”

Rainmaker University will provide LRO users access to a broader spectrum of training sessions. The  comprehensive LRO training program now includes in-person courses offered regularly at Rainmaker’s  corporate office, ongoing training at customer sites, monthly instructor-led Web-based classes, and self-guided online training for 24/7 access. Topics will range from analytically focused discussions for high-level revenue management executives to sessions geared towards those new to pricing, LRO, or the on-site leasing process.

“We are also creating far more opportunities for our customers to come together – meeting face-to-face or virtually – to interact with each other and the LRO implementation team,” continued Paulk.  “Our customers have said that the interaction among companies at Rainmaker’s annual LRO User Conference is one of the greatest benefits of attending. They want more of it.”

“Our LRO training is focused on a holistic approach for every level within the company, not just for team members who are new to pricing,” said Andrew Rains, executive vice president of LRO. “We want to make sure all levels in the organization are trained and have the knowledge needed to manage their portfolio. Our objective is to continue educating our clients regarding ongoing innovations in revenue management and with our flagship multifamily product, LRO.  Rainmaker University is our answer to that.”

Rainmaker LRO™ is the leading multifamily lease rate optimization solution used to maximize revenue from apartment leases. The system calculates optimized pricing based on multiple factors that influence rate setting, including traffic and lease duration, move-in dates, competitive affects and other metrics. The system also produces enterprise-wide demand forecasts by measuring and analyzing historical and current market metrics and performing calculations necessary for occupancy predictions that are dynamically updated as market conditions change.

About Rainmaker
The Rainmaker Group is the market leader in profit optimization solutions for the Multifamily Housing and Gaming & Hospitality industries. Rainmaker software, coupled with professional business consulting services, enables multifamily housing operators to maximize revenue from apartment leases and helps operators of casino hotels and other hospitality enterprises secure the most valuable customers to increase their profitability. Rainmaker is a Microsoft Gold Certified Partner and leverages cutting-edge research in order to bring customers the most sophisticated solutions to their revenue management challenges. Adopted by industry leaders and niche players alike, Rainmaker's LRO™, revolution™, and TribalREV™ solutions provide clients a strategic advantage in achieving the highest profitability from their assets. Multifamily housing clients include leaders such as Archstone, AvalonBay Communities, Equity Residential, Gables Residential, Post Properties, Mid-America Apartment Communities and more. Gaming/Hospitality clients include leading casino/hotel organizations such as Atlantis The Palm Dubai, Caesars Entertainment, Isle of Capri Casinos, MGM Resorts International, Omni Hotels & Resorts, Wynn Las Vegas and many others. Headquartered in northern Atlanta, GA, Rainmaker is a solid, profitable, rapidly growing, privately held company. For more information, visit www.LetItRain.com

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