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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 DataJoy?

An advanced data platform powered by AI delivers automated insights designed to exceed revenue expectations. By leveraging machine learning algorithms, it scrutinizes various indicators throughout the complete revenue funnel, empowering you to strategize with confidence not only for the next quarter but also for the future. This platform allows you to explore opportunities beyond your current prospects, enabling you to simulate different scenarios that can maximize your growth potential. It adeptly identifies anomalies in key performance indicators that have a significant effect on revenue, equipping you to foresee and address unexpected challenges, thereby facilitating timely adjustments to achieve your objectives. Furthermore, the platform provides a means to track revenue metrics over time through an extensive catalog of funnel metrics, streamlining the identification of bottlenecks and crucial sub-segments via AI-driven insights. This integrated data solution amalgamates information from marketing, sales, product, and finance sectors without necessitating a specialized team of data engineers. By offering customized revenue analytics for business leaders, while also granting data scientists and analysts access to a meticulously organized data warehouse containing all your SaaS revenue information, it cultivates a culture of data-driven decision-making that can elevate your organization. Moreover, this platform not only simplifies the management of revenue but also significantly boosts strategic planning capabilities throughout your entire enterprise, ultimately leading to more informed and effective business strategies.

Media

Media

Integrations Supported

Agilysys Visual One
Clari
Gainsight
GuestTracker
Infor HMS
Lodgical Solution
MSI CloudPM
Marketo
MyHMS
Opera
Rezlynx
RoomKeyPMS
Salesforce
SkyWare PMS
Triptease
protel MICE
roommaster

Integrations Supported

Agilysys Visual One
Clari
Gainsight
GuestTracker
Infor HMS
Lodgical Solution
MSI CloudPM
Marketo
MyHMS
Opera
Rezlynx
RoomKeyPMS
Salesforce
SkyWare PMS
Triptease
protel MICE
roommaster

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

DataJoy

Date Founded

2020

Company Location

United States

Company Website

datajoy.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

Revenue Management

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

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