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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 MaximRMS?

MaximRMS, with a legacy of 25 years and a global clientele surpassing 3,000, offers proven predictive analytics and machine learning solutions that can enhance revenues by 6-15%. Whether you seek to improve your current RMS technology, develop a customized RMS that meets your specific requirements, or implement a thorough revenue management strategy, MaximRMS has the knowledge and technical skills to aid your revenue management initiatives while delivering state-of-the-art technology. General managers and senior executives receive an overview of operational performance and competitive insights, while revenue managers and analysts benefit from total transparency, control, and advanced analytical tools down to the smallest detail. Local management teams receive quick access to key performance indicators and strategic advice, ensuring they stay informed and proactive in their decision-making. Moreover, the firm provides regional and corporate leaders with tools for monitoring long-term performance, scanning, and planning, enabling flexible reporting across various organizational tiers. This holistic strategy not only positions MaximRMS as an essential ally in navigating the intricate landscape of revenue management but also empowers businesses to adapt swiftly to industry changes and challenges. Ultimately, MaximRMS stands out as a trusted partner, dedicated to driving success in revenue management through innovative solutions and personalized support.

Media

Media

Integrations Supported

Agilysys Analyze
Agilysys Visual One
Execu/Suite
GuestTracker
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
MyHMS
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
Summer.fi
WebRezPro
mycloud PMS
protel MICE
roommaster

Integrations Supported

Agilysys Analyze
Agilysys Visual One
Execu/Suite
GuestTracker
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
MyHMS
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
Summer.fi
WebRezPro
mycloud PMS
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

Maxim

Date Founded

1987

Company Location

United States

Company Website

maximrms.com/#rev-mgmt

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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