Wave RMS Description

Wave combines cutting-edge AI with a personal touch, enabling modern revenue managers to escape the confines of traditional 'black box' revenue management systems. This innovative platform offers an unprecedented level of ease and control not typically available in existing RMS solutions. With its distinctive strategy builder tool, Wave equips revenue managers with customizable AI models tailored to their hotel's specific strategy, enhancing transparency in pricing suggestions and allowing hoteliers to focus on managing their establishments effectively. Additionally, Wave caters to those hotels that may not currently utilize an RMS but require a robust revenue management framework. It is designed for hotels of all sizes that struggle with the capacity and resources needed to analyze and act on their data effectively. Furthermore, the system automates demand forecasting through non-linear calculations, improving price elasticity assessments and promoting smarter decision-making in revenue strategies. Ultimately, Wave empowers hotels to optimize their revenue management processes like never before.

Wave RMS Alternatives
Nue Reviews
Nue
(8 Ratings)
Nue is the #1 Revenue Lifecycle Platform on Salesforce. Nue is designed to meet the requirements of modern businesses. Configure dynamic pricing. Sell via any channel (self service + direct sales + in-app). Manage renewals and increase revenue. Know exactly when and what to charge. Nue allows RevOps to quickly deploy opportunity-to cash processes for direct sales and self-service, while providing complete, accurate analytics for Finance. Nue was built for SaaS companies that are growing fast and need a flexible, IT-heavy solution to manage revenue flows from end-to-end.
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Innsoft Reviews
Innsoft
(16 Ratings)
Innsoft is a hotel management software provider that offers a simple, straightforward and value-oriented product. Our intuitive and fully customizable motel software & hotel software will streamline your hotel operations. Innsoft focuses on hotel management software for small and medium-sized properties up to 350 rooms. Innsoft's Check-Inn is a Windows-based, flexible and easy-to-use property management software that is trusted by thousands hotels across the country. Our U.S.-based support experts provide excellent service to our customers, making training and operations fast and easy. Connect-Inn Channel Manager allows you to manage 100+ travel sites from a single platform, while reservations are booked instantly into your hotel software. Include the Connect-Inn booking button to allow reservations to made directly from your hotel's website.
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Infor EzRMS Reviews
Infor EzRMS
An effective and sophisticated hotel revenue management system should consistently link your organization to the current market conditions and future trends with both accuracy and flexibility. By utilizing real-time data gathered from multiple sources, along with the capabilities of advanced machine learning, this system enhances the decision-making process. With these innovative tools at their disposal, hotel revenue managers can develop strategies that rely on precise revenue predictions, aligning with your business objectives and essential performance indicators. As the hotel industry continues to transform, you will be better prepared to identify and pursue success. Infor® EzRMS stands out as a robust hotel revenue management software that autonomously generates demand and revenue forecasts while suggesting optimal selling strategies. Its deep-learning algorithms adeptly identify trends, ensuring that business forecasts, pricing, and sales strategies are both optimal and precise to maximize revenue and profitability. This comprehensive approach ultimately positions your hotel to thrive in an ever-changing marketplace.
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LodgIQ Reviews
LodgIQ
Revolutionizing hotel revenue management worldwide across more than 100 markets, LodgIQ RM is transforming the approach that hoteliers take towards maximizing their revenue. Utilizing advanced data science and machine learning techniques, our technology provides real-time optimized pricing suggestions that enhance decision-making. This leads to improved forecasting accuracy, more strategic room pricing, and a significant return on investment. Additionally, RM Droid functions as an automated revenue management assistant that operates seamlessly in the background, employing sophisticated machine learning algorithms to make informed, data-driven decisions continuously. The integration of these technologies not only streamlines operations but also empowers hoteliers to stay competitive in a dynamic market.
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Company Details

Company:
SHR
Year Founded:
1987
Headquarters:
United States
Website:
shr.global/wave-revenue-management-system/

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
In Person
Training Videos
Customer Support
Business Hours
Live Rep (24/7)
Online Support

Wave RMS Features and Options

Revenue Management Software

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

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