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Description
TruePlan, developed by Otelier, is a specialized revenue management system aimed at optimizing the budgeting and forecasting activities for hotel collections. By utilizing tailored hospitality metrics and advanced predictive algorithms, this software promotes smooth collaboration, resulting in more precise and effective financial planning.
With the capability to utilize historical data, TruePlan accelerates the budgeting procedure, removing the necessity for tedious manual data extraction. This cohesive approach allows your entire portfolio to focus on shared financial goals, thereby improving the synchronization and accuracy of your revenue management tactics. Furthermore, this system not only boosts efficiency but also empowers hotel operators to make informed decisions based on reliable data insights.
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
No images available
Integrations
Agilysys Analyze
No
Agilysys Visual One
No
IQware
No
Infor HMS
No
Lodgical Solution
No
MSI CloudPM
No
Mews
No
MyHMS
No
Opera
No
RdpGuard
No
Integrations
Agilysys Analyze
Yes
Agilysys Visual One
Yes
IQware
Yes
Infor HMS
Yes
Lodgical Solution
Yes
MSI CloudPM
Yes
Mews
Yes
MyHMS
Yes
Opera
Yes
RdpGuard
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
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
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)
Yes
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
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Otelier
Founded
2001
Country
United States
Website
otelier.io
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
