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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

A revenue management system designed to maximize profits for every aspect of both group and transient business. Move past a traditional, rules-oriented revenue approach and embrace the power of scientific analysis. Rainmaker utilizes sophisticated statistical techniques to ensure its forecasts rapidly adjust to fluctuations, resulting in enhanced stability of outcomes. By taking into account guest activities throughout your establishment, including additional spending, you can increase revenues by 7-10%. This system is grounded in empirical evidence and is not limited by preset regulations. It serves as a comprehensive solution for revenue and profit enhancement. Additionally, it identifies unexpected occurrences or unusual demand trends that human evaluations may overlook. This data-driven micro-segmentation of demand tailors to your hotel's specific business dynamics. With forecasting models that weigh the various factors affecting demand, you can move beyond a simple rules-based approach and adopt a scientifically informed strategy that provides a comprehensive understanding of your business requirements. Ultimately, this system empowers you to make informed decisions that can lead to substantial financial growth.

Description

Wave combines cutting-edge AI with a personal touch, enabling modern revenue managers to escape the confines of traditional 'black box' revenue management systems. This innovative platform offers an unprecedented level of ease and control not typically available in existing RMS solutions. With its distinctive strategy builder tool, Wave equips revenue managers with customizable AI models tailored to their hotel's specific strategy, enhancing transparency in pricing suggestions and allowing hoteliers to focus on managing their establishments effectively. Additionally, Wave caters to those hotels that may not currently utilize an RMS but require a robust revenue management framework. It is designed for hotels of all sizes that struggle with the capacity and resources needed to analyze and act on their data effectively. Furthermore, the system automates demand forecasting through non-linear calculations, improving price elasticity assessments and promoting smarter decision-making in revenue strategies. Ultimately, Wave empowers hotels to optimize their revenue management processes like never before.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Agilysys Analyze
Agilysys Visual One
GuestTracker
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
MyHMS
Opera
RdpGuard
Rezlynx
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Triptease
WebRezPro
mycloud PMS
protel MICE

Integrations

Agilysys Analyze
Agilysys Visual One
GuestTracker
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
MyHMS
Opera
RdpGuard
Rezlynx
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Triptease
WebRezPro
mycloud PMS
protel MICE

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Cendyn

Founded

1996

Country

United States

Website

www.cendyn.com/rainmaker-revenue-management/

Vendor Details

Company Name

SHR

Founded

1987

Country

United States

Website

shr.global/wave-revenue-management-system/

Product Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Product Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Alternatives

Alternatives