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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 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

Media

No images available

Integrations Supported

Agilysys Analyze
IQware
Infor HMS
Mews
MyHMS
Opera
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
Stayntouch PMS
WebRezPro
apaleo
roommaster
Agilysys Visual One

Integrations Supported

Agilysys Analyze
IQware
Infor HMS
Mews
MyHMS
Opera
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
Stayntouch PMS
WebRezPro
apaleo
roommaster
GuestRevu
STR
SendGrid
SiteMinder

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
Web-Based Support

Training Options

Documentation Hub
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

Cendyn

Date Founded

1996

Company Location

United States

Company Website

go.cendyn.com/sourceforge/guestrev

Categories and Features

Revenue Management

Not specified

Categories and Features

Dynamic Pricing

Not specified

Revenue Management

Competitor Analysis
Dynamic Pricing
For Hospitality Industry
Inventory Control
Price Optimization
Recommendation Engine

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