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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Rate Wise stands out as a premier revenue management firm, offering cloud-based software solutions and yield management consulting to hotels and serviced apartments worldwide. Our experienced team has a diverse background, collaborating with various accommodation types such as hostels, campus housing, budget hotels, and luxurious five-star resorts. We serve both branded chains and independent establishments, ensuring a tailored approach to each client's needs. For over a decade, our revenue management system (RMS) has been a trusted choice for hoteliers, seamlessly integrating your revenue strategies, property management system (PMS) data, and competitor analytics. This robust solution can efficiently relay your rate strategy back to your channel manager or PMS based on your preferred configuration. By automating your revenue system, you not only save precious time but also enhance operational efficiency and minimize the risk of human error. This allows your team to focus more on strategic planning and maintaining an overarching perspective, rather than getting bogged down in data entry and sifting through numerous reports. Ultimately, Rate Wise empowers your business to thrive in a competitive landscape, leveraging technology to optimize revenue management effectively.

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

Agilysys Analyze No 
Agilysys Visual One No 
Execu/Suite No 
GuestTracker No 
IQware No 
Infor HMS No 
MSI CloudPM No 
Mews No 
MyHMS No 
RdpGuard No 
Rezlynx No 
SkyWare PMS No 
Stayntouch PMS No 
Triptease No 
WebRezPro No 
apaleo No 
roommaster No 

Integrations

Agilysys Analyze Yes 
Agilysys Visual One Yes 
Execu/Suite Yes 
GuestTracker Yes 
IQware Yes 
Infor HMS Yes 
MSI CloudPM Yes 
Mews Yes 
MyHMS Yes 
RdpGuard Yes 
Rezlynx Yes 
SkyWare PMS Yes 
Stayntouch PMS Yes 
Triptease Yes 
WebRezPro Yes 
apaleo Yes 
roommaster Yes 

Pricing Details

No price information available.
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 Yes 

Types of Training

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

Vendor Details

Company Name

Rate Wise

Founded

2007

Country

Ireland

Website

www.rate-wise.com

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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