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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 HQ revenue?

Revenue management teams in the hospitality industry utilize HQ revenue to increase their property's earnings while minimizing the time allocated to market analysis and business insights. HQ revenue offers powerful and intuitive tools specifically designed for successful revenue management. With access to real-time market data and business intelligence, you can confidently make strategic pricing decisions. Our cutting-edge technology enables you to sell your inventory at the most advantageous price and timing. Since its launch in 2012, HQ revenue has played a crucial role in the success of over 2000 hotels by providing accurate market and competitor insights, which are essential for any effective revenue strategy in the hotel sector. Tailored by professionals in the hospitality field for their peers, our software assists both prestigious hotel chains and independent venues worldwide in maximizing their revenue potential, thereby encouraging growth and sustainability in their operations. By opting for HQ revenue, you are not just investing in software; you are securing a critical tool for achieving lasting success in an increasingly competitive environment. In this fast-paced industry, having the right insights at your fingertips can be the difference between thriving and merely surviving.

Media

Media

Integrations Supported

protel MICE
Agilysys Analyze
Agilysys Visual One
Execu/Suite
Lodgical Solution
MyHMS
Opera
RdpGuard
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
Stayntouch PMS
Summer.fi
WebRezPro
apaleo

Integrations Supported

protel MICE
IDeaS G3 RMS
YieldPlanet
happyhotel

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$59 per month
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Online 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

HQ revenue

Date Founded

2012

Company Location

Germany

Company Website

www.hqrevenue.com

Categories and Features

Revenue Management

Not specified

Categories and Features

Revenue Management

Not specified

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