RevenueIntermediate

Analyze Hotel Competitors

Build a competitive set and read their pricing, positioning and reviews to inform your rate.

The Prompt
You are a revenue analyst. Help me build and read a competitive set (comp set) to guide my pricing.

Context:
- My hotel: [HOTEL NAME] in [LOCATION], a [PROPERTY TYPE], ADR [AVERAGE ROOM RATE], [NUMBER OF ROOMS] rooms
- Competitors I know of: [COMPETITORS]
- Target guest: [TARGET GUEST]

Deliver:
1. Criteria for a valid comp set (why some 'competitors' shouldn't be in it).
2. A framework to compare rate, room types, amenities, review scores and positioning across the set.
3. Questions I should answer by studying their OTA listings and websites.
4. How to translate what I find into a pricing and positioning decision (am I under-, over-, or correctly priced?).
5. A simple monthly rate-shopping routine to keep the comp set current.

Tell me what data to gather manually since I don't have a rate-shopping tool.

What to fill in

Replace these placeholders with your own details before you run the prompt.

[HOTEL NAME]
Your property's name.
[LOCATION]
City / area.
[PROPERTY TYPE]
Type of property.
[AVERAGE ROOM RATE]
Your ADR.
[NUMBER OF ROOMS]
Room count.
[COMPETITORS]
Hotels you think you compete with.
[TARGET GUEST]
The guest that defines a true competitor.

How to use this prompt

  1. 1Let the AI challenge your comp set — the hotel down the road may not actually compete for your guest.
  2. 2Turn its list of questions into a manual rate-shopping checklist you run monthly.
  3. 3Compare on review themes, not just star scores — the 'why' guides your positioning.

Example input

My hotel: Hampi Boulder Resort, ADR ₹4,000, 18 rooms, target: heritage travellers and photographers. Competitors: two nearby guesthouses and a chain hotel 8 km away.

What you'll get

Advises dropping the distant chain from the comp set (different guest), builds a comparison framework across rate/amenities/reviews/positioning, lists the questions to answer from their OTA listings, concludes on where the resort sits on price, and gives a 20-minute monthly rate-shopping routine.

Pro tips

  • A comp set is defined by who your guest also considers — not by who's geographically nearest.
  • Read review themes across your comp set: the complaints they share are your opening to win.
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