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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 Amadeus Demand360?

Amadeus Demand360 distinguishes itself as a premier business intelligence tool, offering hoteliers exceptional access to proactive, on-the-books market data that empowers them to make strategic decisions to improve occupancy and revenue. Unlike traditional systems that rely exclusively on historical data, Demand360 provides real-time insights into future demand trends, allowing hotels to anticipate market shifts and adjust their pricing and sales strategies in advance. The platform compiles a wealth of information from a diverse range of sources, such as participating hotels, online travel agencies, global distribution systems, and direct brand.com bookings, resulting in a comprehensive and accurate overview of market demand. With Demand360, hotels can assess their performance against competitors, track booking patterns, and identify peak demand periods before they arise. Its intuitive dashboards present crucial metrics, including occupancy forecasts, pricing trends, and market share, in a format that is both clear and actionable. Furthermore, this cutting-edge tool provides hoteliers with the vital insights required to enhance their operations and maintain a competitive edge in the industry. By leveraging these analytics, hotels can not only adapt to the ever-changing market landscape but also proactively shape their strategies for long-term success.

Media

Media

Integrations Supported

Agilysys Analyze
Execu/Suite
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
MyHMS
Opera
RdpGuard
RoomKeyPMS
SkyTouch Hotel OS
Stayntouch PMS
Summer.fi
WebRezPro
apaleo
mycloud PMS
protel MICE

Integrations Supported

Amadeus Agency360

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

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
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
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

Amadeus Hospitality

Date Founded

1987

Company Location

United States

Company Website

www.amadeus-hospitality.com/solutions/business-intelligence/demand360/

Categories and Features

Revenue Management

Not specified

Categories and Features

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