Blog General

OpenComps aims to create a record of the life cycle of a hotel property – when it was build, when it was offered for sale, when it traded, when it was refinanced, and even performance metrics under different owners, managers or flags. In addition to recording your sold deals (comps) — demonstrating your hard work […]

One of the great new OpenComps features from last year was the ability to create private entries within a workgroup. This moved OpenComps from just an online research service to a real (cloud) software. With this feature, you can take advantage of the incredible database technology that was developed to keep OpenComps’ public coverage of […]

We are super excited to launch today our latest feature: the ability to record and save P&L financials. You can add financials as public or private entries – your eyes only or within your shared group. Let us walk you through the details. Expanding on our coverage – like developments, debt comps and for sale markers – we […]

On the heels of us turning 10, we are extremely happy to announce our latest update to OpenComps. We feel that it significantly enhances and changes the purpose of the site that we would like to call this OpenComps 4.01. The new feature is the ability to record private entries. What are private entries? In addition to creating […]

Happy Cinco de Mayo and with that happy 10th anniversary to OpenComps! It was May 5th, 2006, when the site first went live! Thank you for your support throughout the years and looking forward to the next 10! Svetlin

In OpenComps, easy and intuitive design is on top of our minds. To find something on OpenComps, we have a large search bar persistently on top of every page. It is big, it’s easy, it’s quick. (And did you know that pressing “/” on your keyboard on any screen, brings you inside that search bar? Type […]

Since our early, humble beginnings in May 2006, we had always focused on the four major real estate asset classes of hotels, office, retail and multifamily. While technically hotels is the smallest of all these asset classes, we always put it first because it has a special place in our minds, interests and professional background. […]

We are excited to announce two new enhancements to the Post to the Newsfeed feature: likes and comments. We created the Posts feature to promote and encourage the discussion about real estate deals in a focused and dedicated space (you can leave your latest find of a cool dinner spot for that other network; or the best […]

It has not even been a month since we released OpenComps 3.0 and, yet, here we are with another strong update, which we are calling OpenComps 3.1. We cleaned up some bugs and smoothed some features, but we also packed a whole new bag of goodies. Here are the highlights. Non-Public Contributions on Comps This […]

Next week is ALIS Conference in Los Angeles, a best-in-class industry conference for hospitality investment professionals. We have had a chance to attend a few times and have really enjoyed it. Unfortunately, we won’t be participating this year. Instead, we decided to put together a 2014 year-in-review update for the U.S. hotel industry. We thought it would […]