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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 Outperform RMS?

The inception of OutPerform RMS arose from the understanding that managing revenue efficiently is an arduous and largely manual endeavor, often plagued by disjointed data from various platforms such as property management systems, rate shoppers, channel managers, and revenue optimizers, which provide both historical and real-time insights but frequently lack a forward-looking approach; this fragmented perspective is exactly why OutPerform RMS was created. This groundbreaking solution not only equips hotels and resorts with a superior method to refine their revenue strategies but also enables outsourced revenue management companies to expand their operations and enhance overall effectiveness. Furthermore, OutPerform RMS can be seamlessly integrated or resold, leading to new revenue opportunities and fostering increased customer loyalty. As the field of revenue management continues to progress, it is crucial to pivot from merely handling administrative responsibilities to excelling in revenue optimization, making this an ideal time for such a shift. By adopting these innovations, businesses will not only improve operational efficiency but also lay the groundwork for sustained success and competitiveness in a dynamic market.

Media

Media

Integrations Supported

protel MICE
Agilysys Analyze
Agilysys Visual One
Execu/Suite
GuestTracker
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
Opera
RdpGuard
SkyTouch Hotel OS
Stayntouch PMS
Summer.fi
Triptease
WebRezPro
apaleo
mycloud PMS
roommaster

Integrations Supported

protel MICE
Agilysys Analyze
Agilysys Visual One
Execu/Suite
GuestTracker
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
Opera
RdpGuard
SkyTouch Hotel OS
Stayntouch PMS
Summer.fi
Triptease
WebRezPro
apaleo
mycloud PMS
roommaster

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$199.00/month
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

Next Gen Opti

Date Founded

2014

Company Location

United Kingdom

Company Website

outperform-rms.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

Popular Alternatives

Popular Alternatives

ZettaRMS Reviews & Ratings

ZettaRMS

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