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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 Smartpricing?

Smartpricing acts as a sophisticated Revenue Management System that enables users to automate the analysis of hotel data and determine optimal sales pricing. This cutting-edge RMS, honed through rigorous testing, is made available to clients, property owners, and partners. The early results and rapid growth have confirmed the efficacy of our algorithms, which mirror the detailed workings of our committed team. We are excited to roll out these strategies to enhance the revenue of your hotel or vacation rental. Our goal is to aid hoteliers and small business operators in the tourism sector by granting them access to innovative technologies that were once reserved for large hotel chains. With Smartpricing, you can effortlessly monitor your establishment's sales performance. You will have the ability to track pricing changes and generate reports with minimal effort. Identifying the best rates can be a complex task, yet it is essential for the success of your property, and we are dedicated to streamlining that process for you. By utilizing our advanced tools, you are not merely keeping up with competitors; you are setting your business on a path toward extraordinary growth, ensuring a bright future in the hospitality industry. Ultimately, Smartpricing is designed to equip you with the insights needed to thrive in a competitive marketplace.

Media

Media

Integrations Supported

Agilysys Analyze
Execu/Suite
GuestTracker
IQware
Lodgical Solution
MSI CloudPM
MyHMS
Opera
RdpGuard
Rezlynx
SkyTouch Hotel OS
SkyWare PMS
Summer.fi
Triptease
apaleo
mycloud PMS
protel MICE

Integrations Supported

5stelle*

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$120 per month
Contact Smartpricing for pricing details.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

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
Online Training
On-Site Training

Training Options

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

Smartpricing

Date Founded

2020

Company Location

Italy

Company Website

www.smartpricing.it/

Categories and Features

Revenue Management

Not specified

Categories and Features

Price Monitoring

Not specified

Pricing Optimization

Forecasting
Price List Management
Pricing Analytics

Revenue Management

Dynamic Pricing
For Hospitality Industry
Forecasting
Price Optimization
Recommendation Engine
Yield Management

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