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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 RevenueStrategy360?

Amadeus RevenueStrategy360 is a sophisticated business intelligence platform designed to empower hotel operators in developing smarter and more profitable revenue strategies by thoroughly analyzing market trends and competitor information. This comprehensive system provides hotels with immediate insights into booking behaviors, demand forecasts, and rival pricing tactics, which facilitates data-driven decisions that boost revenue. By aggregating data from diverse sources such as global distribution systems and online travel agencies, RevenueStrategy360 offers a detailed perspective on local market trends, guest preferences, and the competitive environment. Hotel managers can analyze projected occupancy levels, adjust pricing, and respond to demand fluctuations, enabling them to optimize their pricing strategies and inventory management in line with current market conditions. The platform features intuitive dashboards and tailored reporting functionalities, allowing revenue managers, sales teams, and executives to quickly identify new avenues for revenue growth. Moreover, the capabilities of RevenueStrategy360 instill a culture of informed decision-making that not only enhances profitability but also fosters long-term success within the dynamic hospitality industry. As a result, hoteliers can navigate challenges more effectively and seize opportunities for expansion in an increasingly competitive market.

Media

Media

Integrations Supported

Agilysys Visual One
Execu/Suite
GuestTracker
IQware
Infor HMS
MSI CloudPM
MyHMS
Opera
RdpGuard
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Summer.fi
Triptease
WebRezPro
mycloud PMS
protel MICE

Integrations Supported

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/revenuestrategy360/

Categories and Features

Revenue Management

Not specified

Categories and Features

Revenue Intelligence

Not specified

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