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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 AxisRooms?

AxisRooms offers an extensive array of products specifically designed for the hospitality industry, catering to the needs of both small and large hotels, as well as independent travel agents and tour operators. By utilizing our comprehensive suite tailored for Independent Hotels, Hotel Chains, and Vacation Rentals, you can unlock your business’s full potential. Our platform allows for effortless management of pricing, inventory, and bookings in real time across various online channels, while enhancing direct bookings through your hotel's website. This all-in-one solution meets the diverse requirements of vacation rental properties, enabling you to seamlessly oversee hotel operations and reservations from a single interface. By implementing smart pricing strategies, you can increase your revenue and maintain a competitive edge. With years of development invested in our platform, we have successfully collaborated with both independent hotels and large chains. Currently, over 6,500 hotels manage more than 250,000 room nights monthly across 178 locations worldwide, generating transactions that surpass $8 million each month. Our impressive track record underscores our dedication to empowering the hospitality industry in optimizing operational efficiency and enhancing profitability, ultimately contributing to the sector's overall growth. As we continue to innovate, we remain committed to delivering solutions that adapt to the ever-evolving demands of the market.

Media

Media

Integrations Supported

Agilysys Analyze
Agilysys Visual One
Booking.com
Expedia
Google Ads
IQware
Infor HMS
MSI CloudPM
Mews
MyHMS
PayPal
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Tripadvisor
Triptease
apaleo
mycloud PMS

Integrations Supported

Agilysys Analyze
Agilysys Visual One
Booking.com
Expedia
Google Ads
IQware
Infor HMS
MSI CloudPM
Mews
MyHMS
PayPal
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Tripadvisor
Triptease
apaleo
mycloud PMS

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

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

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

AxisRooms

Date Founded

2011

Company Location

India

Company Website

www.axisrooms.com

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

Hospitality Property Management

Built-in Accounting
CRM
Catering
Employee Management
Extended Stay
Front Office Management
GDS / OTA Integration
Group Management
Guest Experience (GEM)
Housekeeping Management
Loyalty Program
Maintenance Management
Marketing Automation
Marketing Management
Multi-Property
Online Booking
Point of Sale (POS)
Reservations Management
Reviews Management
Single Property
Vacation Rental

Hotel Channel Management

Inventory Management
Kill Switch
Promotions Management
Rate Management
Reservations Management
Restriction Management

Reservations

Activities Booking
Booking Notes
CRM
Customer Support
Group Reservations
Guest Management
Payment Processing
Promotions Management
Rate Management
Room Booking Management
Third Party Booking

Revenue Management

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

Vacation Rental

Contact Management
Fee / Commission Management
Guest Reviews / Ratings
Housekeeping Management
Lead Management
Owner Statements
Payment Processing
Property Database
Reservations Management
Vendor Management
Work Order Management

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