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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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Execu/Suite No 
GuestTracker No 
IQware No 
Infor HMS No 
Lodgical Solution No 
Mews No 
MyHMS No 
RdpGuard No 
Rezlynx No 
RoomKeyPMS No 
SkyTouch Hotel OS No 
Stayntouch PMS No 
Triptease No 
apaleo No 
mycloud PMS No 
protel MICE No 
roommaster No 

Integrations

Execu/Suite Yes 
GuestTracker Yes 
IQware Yes 
Infor HMS Yes 
Lodgical Solution Yes 
Mews Yes 
MyHMS Yes 
RdpGuard Yes 
Rezlynx Yes 
RoomKeyPMS Yes 
SkyTouch Hotel OS Yes 
Stayntouch PMS Yes 
Triptease Yes 
apaleo Yes 
mycloud PMS Yes 
protel MICE Yes 
roommaster Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

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 No 
Dynamic Pricing No 
For Airlines No 
For Hospitality Industry No 
Forecasting No 
Inventory Control No 
Price Optimization No 
Recommendation Engine No 
Yield Management No 

Product Features

Revenue Management

Competitor Analysis No 
Dynamic Pricing No 
For Airlines No 
For Hospitality Industry No 
Forecasting No 
Inventory Control No 
Price Optimization No 
Recommendation Engine No 
Yield Management No 

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