It’s December again and it’s time to look back on the past year and look forward to the next. First, we would like to sincerely thank everyone that supported us throughout the year – OpenComps cannot exist without you and we are very grateful! If you enjoy using OpenComps, we would appreciate it if you spread word to others, as this is the only way that we actually grow.
2024 was a year of refinements and solidifications. While nothing groundbreaking new was introduced, we refined some of our workflows and worked super hard on corralling as much data as we could. I humbly believe that we have the best hotel market data in the world – sales, developments, for sale, CMBS, quarterly and annual SECs, P&Ls – we have it all! As a small, individually-crafted enterprise, I am incredibly proud that we have the best data of anyone. A lot of hard work goes in collecting it and I hope you enjoy it.
We also continue to believe that the combination of private notes and private entries creates a unique aspect of our service – our tremendous daily research together with your private data, enhancing the usefulness for everyone in your team. We also appreciate those of you that use the “Suggest a Change” feature to get in touch with us to enhance our entries for the benefit of everyone.
Based on our current operations, we would like to announce that our PRO Subscriptions prices as of January 1, 2025, will be as follows:
- OpenComps PRO (default enterprise, because OpenComps is best when shared across an organization) – $575 per month or $5,750 per year.
- unlimited users (under defined corporate email domain), no per user pricing
- easy, self-managed onboarding and offboarding
- private notes – attach small notes to public transactions viewable only by you or your workgroup
- private entries – create full transaction entries viewable only by you or your workgroup (great for keeping track of on-the-market pipeline or recording private P&Ls of competitive properties)
- Solo PRO – $245 per month or $2,450 per year
- Single user, non-shareable
- Legacy plan or available for single-person shop – someone who doesn’t buy, sell or broker hotels but is an industry participant (or in between gigs).
Each OpenComps user account is personal and non-shareable. Using someone else’s login is a violation of our Terms of Use. Thank you for your understanding and cooperation.
If you are a PRO subscriber, you will be automatically rolled over to the new plan and rate applicable to your PRO subscription at your first scheduled billing period in 2025 (monthly subscribers, at your first renewal in January 2025; annual subscribers, at your renewal in 2025).
If you are not a PRO subscriber yet, hurry up and start a new annual PRO subscription by the end of 2024 to take advantage of the 2024 prices for a full year.
PRO subscribers can manage their subscription online, 24/7, at Settings > Subscription & Invoices.
Should you have any questions, please get in touch.
Thanks again for your support in 2024, happy holidays and see you in 2025.