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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 TruePlan?

TruePlan, created by Otelier, is an innovative revenue management solution designed specifically to enhance budgeting and forecasting processes within hotel groups. By leveraging customized hospitality metrics alongside sophisticated predictive algorithms, this software fosters seamless collaboration, leading to more accurate and effective financial planning outcomes. The platform's ability to analyze historical data streamlines the budgeting process, eliminating the need for cumbersome manual data collection. This unified strategy enables your entire portfolio to concentrate on common financial objectives, thereby enhancing the alignment and precision of your revenue management strategies. Additionally, TruePlan not only increases operational efficiency but also equips hotel managers with the tools needed to make well-informed decisions grounded in trustworthy data insights. With its comprehensive features, TruePlan stands out as a vital asset for enhancing hotel financial performance.

Media

Media

No images available

Integrations Supported

Agilysys Visual One
GuestTracker
IQware
Infor HMS
Lodgical Solution
Megasys Omega
Mews
MyHMS
Opera
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Summer.fi
WebRezPro
apaleo
roomMaster

Integrations Supported

Agilysys Visual One
GuestTracker
IQware
Infor HMS
Lodgical Solution
Megasys Omega
Mews
MyHMS
Opera
Rezlynx
RoomKeyPMS
SkyTouch Hotel OS
SkyWare PMS
Summer.fi
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

Otelier

Date Founded

2001

Company Location

United States

Company Website

otelier.io

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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