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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
API Access
Has API
Screenshots View All
No images available
Integrations
Agilysys Analyze
Agilysys Visual One
Execu/Suite
IQware
Infor HMS
Lodgical Solution
MyHMS
Opera
RdpGuard
Rezlynx
Integrations
Agilysys Analyze
Agilysys Visual One
Execu/Suite
IQware
Infor HMS
Lodgical Solution
MyHMS
Opera
RdpGuard
Rezlynx
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
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
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