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features
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support

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Description

Revolutionizing hotel revenue management worldwide across more than 100 markets, LodgIQ RM is transforming the approach that hoteliers take towards maximizing their revenue. Utilizing advanced data science and machine learning techniques, our technology provides real-time optimized pricing suggestions that enhance decision-making. This leads to improved forecasting accuracy, more strategic room pricing, and a significant return on investment. Additionally, RM Droid functions as an automated revenue management assistant that operates seamlessly in the background, employing sophisticated machine learning algorithms to make informed, data-driven decisions continuously. The integration of these technologies not only streamlines operations but also empowers hoteliers to stay competitive in a dynamic market.

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

IQware Yes 
Infor HMS Yes 
Mews Yes 
MyHMS Yes 
Stayntouch PMS Yes 
protel MICE Yes 
roommaster Yes 
Agilysys Visual One No 
Frontdesk Anywhere Yes 
Lighthouse Yes 
MSI CloudPM No 
Metazoa Snapshot Yes 
ProfitSword Yes 
RMS Cloud Yes 
RateTiger Yes 
RdpGuard No 
apaleo No 
mycloud PMS No 

Integrations

IQware Yes 
Infor HMS Yes 
Mews Yes 
MyHMS Yes 
Stayntouch PMS Yes 
protel MICE Yes 
roommaster Yes 
Agilysys Visual One Yes 
Frontdesk Anywhere No 
Lighthouse No 
MSI CloudPM Yes 
Metazoa Snapshot No 
ProfitSword No 
RMS Cloud No 
RateTiger No 
RdpGuard Yes 
apaleo Yes 
mycloud PMS 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 No 
iPad App No 
Android App No 
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 No 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

LodgIQ

Founded

2015

Country

United States

Website

lodgiq.com

Vendor Details

Company Name

SHR

Founded

1987

Country

United States

Website

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

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis Yes 
Forecasting Yes 
Market Analysis Yes 
Multi-Store Management Yes 
Price List Management Yes 
Price Optimization Automation Yes 
Pricing Analytics Yes 
Profitability Analysis No 
Scenario Planning Yes 

Revenue Management

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