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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 PickupTracking?

Offers a concise summary of essential hotel metrics related to the current booking trends, including today's fluctuations and projections for the upcoming three years. With a single click, vital hotel KPIs like occupancy rates, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and complementary graphs are instantly accessible, providing a more efficient and cost-effective solution compared to complicated spreadsheet methods. This streamlined approach allows for the rapid identification of discrepancies between budgeted figures and forecasts while aligning current strategies with the historical pickup rates. PickupTracking seamlessly connects with a wide range of interfaces from various Property Management Systems (PMS) and RateShoppers, and we are committed to continually expanding our integration options to enhance user experience. This ensures stakeholders can make informed decisions based on accurate and timely data.

Media

Media

Integrations Supported

Infor HMS
Mews
apaleo
Agilysys Visual One
Execu/Suite
GuestTracker
Lighthouse
Lodgical Solution
MSI CloudPM
Microsoft 365
MyHMS
Protel Booking Engine
SIHOT
Summer.fi
TMSforHotels
WebRezPro
mycloud PMS
roommaster

Integrations Supported

Infor HMS
Mews
apaleo
Agilysys Visual One
Execu/Suite
GuestTracker
Lighthouse
Lodgical Solution
MSI CloudPM
Microsoft 365
MyHMS
Protel Booking Engine
SIHOT
Summer.fi
TMSforHotels
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

Fairmas

Date Founded

2003

Company Location

Germany

Company Website

fairmas.com/en

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

Business Intelligence

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Popular Alternatives

Popular Alternatives

FairPlanner Reviews & Ratings

FairPlanner

Fairmas