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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 Right Revenue?

Right Revenue presents a user-friendly and flexible revenue management software solution that emphasizes precision, allowing you to make essential pricing choices with an emphasis on maximizing profitability. Our state-of-the-art AI technology provides valuable insights for your pricing strategy, not only for today but also for the near and distant future. Given the intricate nature of forecasting, particularly in a rapidly evolving market where consumer preferences are in constant flux, this task can become quite daunting. We ease this challenge by providing accurate forecasts powered by advanced AI technologies. With Right Revenue, your team can obtain an up-to-date, data-driven forecast at any time, which means they can focus more on analysis and strategy rather than on tedious data gathering. Traditionally, revenue managers spend excessive amounts of time consolidating information into spreadsheets, which quickly lose relevance. Right Revenue revolutionizes this practice by delivering customized reports featuring real-time data and all key business performance indicators, ultimately optimizing your processes and boosting overall efficiency. By adopting Right Revenue, you can embrace innovation in revenue management with tools specifically crafted to meet your individual needs, thereby enhancing your decision-making capabilities and paving the way for future growth. This approach not only streamlines operations but also positions your business to adapt swiftly to market changes.

Media

Media

Integrations Supported

Agilysys Analyze
Execu/Suite
GuestTracker
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
Opera
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Triptease
apaleo
mycloud PMS
roomMaster

Integrations Supported

Agilysys Analyze
Execu/Suite
GuestTracker
IQware
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
Opera
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Triptease
apaleo
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

Right Revenue

Company Location

United Kingdom

Company Website

rightrevenue.co.uk

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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