Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
Integrations
Agilysys Analyze
Agilysys Visual One
GuestTracker
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
MyHMS
Opera
RdpGuard
Integrations
Agilysys Analyze
Agilysys Visual One
GuestTracker
Infor HMS
Lodgical Solution
MSI CloudPM
Mews
MyHMS
Opera
RdpGuard
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