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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 NielsenIQ Revenue Optimizer?

To boost both revenue and profit margins, it's essential to implement a well-crafted pricing and promotional strategy. The NielsenIQ revenue optimizer provides manufacturers and retailers with essential tools to effectively manage and continuously enhance their revenue growth strategies. By leveraging advanced artificial intelligence, this solution identifies the most effective pricing strategies for both everyday and promotional items, ultimately maximizing profitability. With this cutting-edge revenue growth management tool, companies can gain faster and more efficient insights into their pricing and promotional efforts, ensuring they remain competitive in the market. Additionally, the proprietary AI capabilities of the NielsenIQ revenue optimizer empower businesses to improve their portfolio strategy development, fine-tune price and pack configurations, and enhance customer account planning. Moreover, it assists in refining promotion evaluations and trade strategies, creating a comprehensive approach to revenue management. This innovative strategy not only generates instant revenue but also lays the groundwork for lasting growth in the future. By embracing this technology, businesses can position themselves to adapt to market changes swiftly and effectively.

Media

Media

Integrations Supported

Agilysys Analyze
Agilysys Visual One
GuestTracker
IQware
Infor HMS
MSI CloudPM
Mews
MyHMS
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
StoreSpace
Summer.fi
WebRezPro
apaleo
mycloud PMS
protel MICE

Integrations Supported

Agilysys Analyze
Agilysys Visual One
GuestTracker
IQware
Infor HMS
MSI CloudPM
Mews
MyHMS
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
StoreSpace
Summer.fi
WebRezPro
apaleo
mycloud PMS
protel MICE

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

NielsenIQ

Date Founded

1923

Company Location

United States

Company Website

nielseniq.com/global/en/solutions/nielseniq-revenue-optimizer/

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

Revenue Operations

AI Insights
Account Health Dashboard
Automatic CRM Updates
Contact / Activity Tracking
RevOps Automation
Revenue Dashboard
Revenue Intelligence / Reporting
Sales Analytics
Sales Forecasting
Third-Party Data Aggregation

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