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Description
Boost your income through adaptable pricing strategies. Our advanced algorithm generates daily price recommendations that are highly profitable, utilizing the most pertinent data available. You will also gain from our smart alert system, designed to save you significant amounts of time. No longer will you need to sift through countless Excel spreadsheets, as our software simplifies the vast array of data for you. Our robust pricing algorithm considers various factors, including historical and current booking trends, competitor pricing, market demand, weather conditions, guest feedback, special events, and holidays. By streamlining your workflow and seamlessly integrating with your current systems, you can reduce the likelihood of errors in data management and free up valuable time. An effective pricing strategy is essential for any hotel or resort aiming for success. We will guide you through the fundamentals of revenue management within the hospitality sector, illustrating how to implement pricing and length-of-stay strategies, and how to assess your revenue performance to maximize your profits. Together, we can help you unlock the full potential of your pricing approach.
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
Mews
Opera
Rezlynx
apaleo
protel MICE
5stelle*
AIDA64
Clock PMS+
Execu/Suite
GMS Accounting Software
Integrations
Mews
Opera
Rezlynx
apaleo
protel MICE
5stelle*
AIDA64
Clock PMS+
Execu/Suite
GMS Accounting Software
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
RateBoard
Founded
2015
Country
Germany
Website
www.rateboard.io/en/revenue-management-software
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