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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 Scienz?

Hotel Scienz provides an affordable and demand-responsive revenue management technology specifically designed for the hospitality industry. This extensive system incorporates industry best practices to ensure effectiveness. By employing advanced algorithms, it establishes a dependable framework for hotel revenue management that recognizes demand trends, assisting in making strategic decisions about daily pricing and overall revenue strategies. With a wealth of experience in revenue management and distribution, we have created an intuitive software solution that addresses the needs of hotels and the broader hospitality landscape. Our yield management tool is suitable for a wide variety of accommodation types, ranging from urban boutique hotels and trendy hostels to luxurious vacation resorts and camping facilities. The revenue management dashboard offers all parties involved in hospitality a detailed perspective on both current and forecasted sales trends. Furthermore, key performance metrics, including "On The Books," are compared with budget expectations, last year’s final results, and data from the same timeframe in the previous year, promoting well-informed decision-making. This comprehensive methodology not only streamlines revenue management practices but also empowers hotels to maximize their financial potential effectively, ensuring they remain competitive in an evolving market.

Media

Media

Integrations Supported

Agilysys Analyze
Execu/Suite
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
MyHMS
RMS Cloud
RdpGuard
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Triptease
WebRezPro
mycloud PMS
roommaster

Integrations Supported

Agilysys Analyze
Execu/Suite
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
MyHMS
RMS Cloud
RdpGuard
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Triptease
WebRezPro
mycloud PMS
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

Xotels

Company Website

www.hotelscienz.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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