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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 RevMax?

RevMax is a cutting-edge revenue management platform that provides a wide array of tools designed to help vacation rental property managers enhance their pricing strategies and maximize revenue. It includes automated pricing features that adjust nightly rates based on market fluctuations, occupancy trends, and specific business protocols, as well as dynamic pricing for length-of-stay that alters stay restrictions to increase visibility while ensuring profitability. Furthermore, RevMax comes equipped with tools aimed at improving efficiency, such as pricing tapecharts, controls for minimum stay requirements, options for locking in length of stay, strategies for floor pricing, yield mapping, and comprehensive business intelligence reporting, all crafted to fine-tune revenue strategies and support better decision-making through robust performance analytics. In addition to its software capabilities, RevMax provides extensive revenue management services that include tailored oversight of pricing strategies, thorough research and reporting, adjustments suited to online travel agencies, discount strategies, and evaluations of digital marketing efforts to enhance profitability. This combination of advanced technology and personalized service positions RevMax as a complete solution for property managers striving to excel in a challenging marketplace. Ultimately, RevMax empowers property managers to navigate the complexities of revenue management with greater confidence and agility.

Media

Media

Integrations Supported

Agilysys Analyze
Agilysys Visual One
GuestTracker
Infor HMS
MSI CloudPM
Mews
MyHMS
Opera
RdpGuard
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Summer.fi
Triptease
WebRezPro
apaleo
protel MICE
roommaster

Integrations Supported

Agilysys Analyze
Agilysys Visual One
GuestTracker
Infor HMS
MSI CloudPM
Mews
MyHMS
Opera
RdpGuard
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Summer.fi
Triptease
WebRezPro
apaleo
protel MICE
roommaster

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$20 per property
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

RevMax

Company Location

United States

Company Website

getrevmax.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

Vacation Rental

Contact Management
Fee / Commission Management
Guest Reviews / Ratings
Housekeeping Management
Lead Management
Owner Statements
Payment Processing
Property Database
Reservations Management
Vendor Management
Work Order Management

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Popular Alternatives

Rategenie Reviews & Ratings

Rategenie

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