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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 Revenue Control Data?

Revenue Control Data integrates details from your hotel, competitors, and the surrounding market into a single, cohesive dashboard, facilitating real-time strategic decisions without the hassle of toggling between different screens. By leveraging our automated data gathering, you can save more than 60 hours each month that would typically go towards manual data entry, thereby allowing you to concentrate on refining your decision-making capabilities. Furthermore, our system provides exclusive insights that are unattainable through PowerBI, presenting a thorough perspective that spans from broad overviews to intricate specifics. With just a click, you can retrieve targeted information at any moment within the data matrix, and even the smallest details are available in downloadable automated reports. Our platform is inherently dynamic, featuring continuous updates and customization options that adapt to evolving market conditions and client requirements. In addition, our proprietary technology ensures that the platform can be tailored to fit your unique preferences, enhancing not only usability but also the overall effectiveness of your revenue management initiatives. This adaptability ultimately empowers you to respond swiftly to market changes, improving your competitive edge.

Media

Media

Integrations Supported

Mews
protel MICE
Agilysys Analyze
Ascerteon
ChargeAutomation
GuestTracker
IQware
MasterYield
Opera
RdpGuard
Rezlynx
SkyTouch Hotel OS
Stayntouch PMS
Summer.fi
Ulyses Cloud
WebRezPro
apaleo
roommaster

Integrations Supported

Mews
protel MICE
Agilysys Analyze
Ascerteon
ChargeAutomation
GuestTracker
IQware
MasterYield
Opera
RdpGuard
Rezlynx
SkyTouch Hotel OS
Stayntouch PMS
Summer.fi
Ulyses Cloud
WebRezPro
apaleo
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

Revenue Control Data

Company Location

Spain

Company Website

www.revenuecontroldata.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

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