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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 HotelPartner Yield Management?

HotelPartner employs a unique revenue synergy strategy that integrates specialized expertise, innovative technology, and highly skilled professionals, allowing you to increase your hotel’s revenue regardless of market fluctuations while guaranteeing long-term stability for your property. As competition in the hospitality industry escalates, it is crucial for hoteliers to implement creative approaches to effectively oversee their revenue streams and optimize room pricing. To achieve optimal occupancy and secure attractive rates, a combination of advanced technology, proficient staff, and substantial industry insight is essential. By developing a customized and progressive revenue strategy that addresses the specific needs of your hotel, you can maintain a thorough understanding of your revenue management initiatives. This comprehensive methodology will not only elevate your performance but also enable you to succeed amidst even the most daunting market conditions, ensuring that your establishment remains both competitive and profitable as time progresses. By continually adapting to evolving market dynamics, you will solidify your position in the industry and foster sustainable growth for years to come.

Media

Media

Integrations Supported

Mews
Rezlynx
Stayntouch PMS
apaleo
protel MICE
Execu/Suite
Infor HMS
MSI CloudPM
MyHMS
Opera
SkyTouch Hotel OS
SkyWare PMS
roommaster

Integrations Supported

Mews
Rezlynx
Stayntouch PMS
apaleo
protel MICE
Avvio
Citadel.one
Zeus

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

Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

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

HotelPartner

Date Founded

2006

Company Location

Switzerland

Company Website

hotelpartner-ym.com

Categories and Features

Revenue Management

Not specified

Categories and Features

Revenue Management

Not specified

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