Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The creation of OutPerform RMS was driven by the realization that effective revenue management is a time-consuming and predominantly manual task, characterized by fragmented information from various sources like property management systems, rate shoppers, channel managers, and revenue optimizers, which can include both historical and real-time data but often lacks a forward-looking perspective; this disjointed and incomplete view is precisely why we developed OutPerform RMS. This innovative solution provides hotels and resorts with an optimal way to enhance their revenue strategies, while also empowering outsourced revenue management firms to scale their operations and boost overall performance. Additionally, OutPerform RMS can be integrated or resold, generating additional revenue streams and fostering greater customer loyalty. As the landscape of revenue management evolves, it is essential to shift our focus from administrative tasks to mastering the art of revenue optimization, making this the perfect moment for such a transition. Embracing these advancements will not only streamline processes but also position businesses for future success.
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
Integrations
protel MICE
Yes
Agilysys Analyze
No
Execu/Suite
No
GuestTracker
No
IQware
No
Infor HMS
No
Lodgical Solution
No
Opera
No
RdpGuard
No
Rezlynx
No
Integrations
protel MICE
Yes
Agilysys Analyze
Yes
Execu/Suite
Yes
GuestTracker
Yes
IQware
Yes
Infor HMS
Yes
Lodgical Solution
Yes
Opera
Yes
RdpGuard
Yes
Rezlynx
Yes
Pricing Details
$199.00/month
Free Trial
Yes
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
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
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
Next Gen Opti
Founded
2014
Country
United Kingdom
Website
outperform-rms.com
Vendor Details
Company Name
SHR
Founded
1987
Country
United States
Website
shr.global/wave-revenue-management-system/
Product Features
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
No
Yield Management
Yes
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