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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 Hotel Asset Reporting?

As a hotel investor or asset manager, your time is too valuable to spend chasing spreadsheets, reconciling reports, and questioning the accuracy of your data. Hotel Asset Reporting by Fairmas streamlines the entire reporting process by automatically collecting, harmonising, and consolidating hotel performance data. With consistent, reliable insights at your fingertips, you can reduce manual effort, speed up reporting, and make more informed investment decisions.

Media

Media

Integrations Supported

Infor HMS
Mews
apaleo
Agilysys Analyze
IQware
MyHMS
Opera
RdpGuard
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
WebRezPro
mycloud PMS
protel MICE
roommaster

Integrations Supported

Infor HMS
Mews
apaleo
Clock PMS+
Oracle Hospitality Reporting and Analytics
TMSforHotels

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
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

Fairmas

Date Founded

2003

Company Location

Germany

Company Website

fairmas.com/en

Categories and Features

Revenue Management

Not specified

Categories and Features

Business Intelligence

Ad Hoc Reports
Budgeting & Forecasting
Dashboard
Key Performance Indicators
Performance Metrics
Profitability Analysis
Visual Analytics

Revenue Management

For Hospitality Industry
Forecasting

Popular Alternatives

Popular Alternatives

FairPlanner Reviews & Ratings

FairPlanner

Fairmas