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What is Wave RMS?
Wave integrates advanced AI technology with a personalized approach, allowing contemporary revenue managers to break free from the limitations of conventional 'black box' revenue management systems. This groundbreaking platform provides an unparalleled degree of simplicity and oversight that is often lacking in traditional RMS solutions. Featuring a unique strategy builder tool, Wave enables revenue managers to create customized AI models that align with their hotel's individual strategies, thus increasing transparency in pricing recommendations and allowing hotel operators to concentrate on running their businesses effectively. Moreover, Wave appeals to hotels that do not currently employ an RMS yet seek a comprehensive revenue management framework. It is specifically crafted for properties of all sizes that face challenges in analyzing and leveraging their data due to limited capacity and resources. In addition to these features, the platform automates demand forecasting using non-linear calculations, enhancing price elasticity evaluations and facilitating more informed decision-making in revenue strategies. Ultimately, Wave not only streamlines revenue management processes but also transforms how hotels approach their financial optimization, ensuring they remain competitive in a rapidly evolving marketplace. As a result, users can expect to see significant improvements in their revenue management outcomes, setting a new standard in the industry.
What is RateBoard?
Enhance your earnings with flexible pricing tactics. Our cutting-edge algorithm delivers daily price suggestions that maximize profitability by leveraging the most relevant data available. Additionally, you will benefit from our intelligent alert system, which is designed to save you substantial time. Gone are the days of poring over numerous Excel spreadsheets, as our software streamlines a vast amount of information for you. Our powerful pricing algorithm evaluates multiple factors, including past and present booking patterns, competitor rates, market demand, weather influences, customer feedback, special occasions, and holidays. By optimizing your processes and easily integrating with your existing systems, you can minimize the chances of data management errors and reclaim precious time. A successful pricing strategy is crucial for any hotel or resort striving for achievement. We will walk you through the essentials of revenue management in the hospitality industry, showing you how to apply pricing and length-of-stay strategies while evaluating your revenue performance to maximize profits. With our support, you can discover the true potential of your pricing strategy and drive your business forward. Ultimately, this approach not only enhances your revenue but also contributes to a more efficient operational model.
What is Cendyn Guestrev?
Maximize your revenue potential with Guestrev, a comprehensive solution designed to enhance profits across all areas of your business through rules-based automation that provides the level of oversight revenue managers desire.
Gain a complete and strategic understanding of your property’s revenue and profit streams, tailored specifically to your hotel with up to nine distinct categories of ancillary revenue.
Guestrev facilitates dynamic pricing recommendations based on room type and market segment, allowing you to set prices for each room type independently of overall demand by considering various influencing factors.
With Guestrev, you can accurately assess the true revenue potential of your guests at the segment level, gaining insights into their purchasing willingness, distribution costs, and overall profitability during their stay.
Make informed forecasts, implement pricing strategies with confidence, and respond swiftly to market changes.
By synchronizing your Property Management System (PMS) data with Guestrev in real time, you ensure access to the most precise and comprehensive view of your financial data. Additionally, this integration allows for more informed decision-making, ultimately driving sustained growth in your revenue streams.
Media
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Integrations Supported
Mews
Opera
Rezlynx
apaleo
Clock PMS+
protel MICE
roommaster
ALICE
Amadeus Central Reservations System (CRS)
Cenium
Integrations Supported
Mews
Opera
Rezlynx
apaleo
Clock PMS+
protel MICE
roommaster
ALICE
Amadeus Central Reservations System (CRS)
Cenium
Integrations Supported
Mews
Opera
Rezlynx
apaleo
Clock PMS+
protel MICE
roommaster
ALICE
Amadeus Central Reservations System (CRS)
Cenium
API Availability
Has API
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
SHR
Date Founded
1987
Company Location
United States
Company Website
shr.global/wave-revenue-management-system/
Company Facts
Organization Name
RateBoard
Date Founded
2015
Company Location
Germany
Company Website
www.rateboard.io/en/revenue-management-software
Company Facts
Organization Name
Cendyn
Date Founded
1996
Company Location
United States
Company Website
go.cendyn.com/sourceforge/guestrev
Categories and Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
Categories and Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
Categories and Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management