Company Overview
Hotel Compete, LLC is a specialized business intelligence startup that caters to the hospitality industry. Established in 2009, the company offers analytical tools to provide competitive insights and market research for hoteliers. The company's headquarters are located at 225 W Washington St, Suite 1560, Chicago, IL 60606. Distinguished by its capacity to collect, cleanse, and analyze data from over 500 sources, Hotel Compete services hundreds of thousands of hotels and related points of interest.
Leadership Team
- Jim Rozell - Founder & CEO: Jim Rozell has a robust background in data mining, modeling, and manipulation, having worked with top entities like American Airlines and Carlson Hotels. He is instrumental in creating pioneering travel data structures and competitive analysis models in the industry.
- Tracy Rozell - President: With a rich background in retail management, real estate, and corporate hotel sales, Tracy Rozell’s expertise in organizational skills and strategic planning significantly boosts Hotel Compete's growth and operational efficiencies.
Advisory Board
- Brad Kohlheyer: Founder of Hotel Revenue Solutions, LLC, with a past role as Vice President of Americas Revenue Management at IHG.
- Tom Marson: Known for optimizing complex business processes through strategic use of technology and team collaboration.
- Christopher Smith: Focuses on client requirements management and customer advocacy.
- Kendall Lane: Engages in marketing and enhances the company's social media presence and community engagement.
Product Suite and Solutions
Hotel Compete provides a set of tools designed to offer hotels actionable insights for enhancing market position and driving revenue growth:
- Comp Set Analyzer: An algorithmic tool offering competitive set analysis, facilitating tailored comparisons for hoteliers ([Comp Set Analyzer](https://hotelcompete.com/solutions/comp-set-analyzer/)).
- Rate Trends Tracker: Monitors up to 12 competitors with daily updates, covering rate tracking for the next 90 check-in dates.
- Ad Hoc Shopping: Allows unlimited, rapid compset shopping with quick results.
- Near Real-Time Alerts: Offers hourly rate change alerts for up to 8 competitors.
Financials and Funding
As of the latest reports, Hotel Compete has a revenue of $3 million and has successfully raised $250,000 in funding, highlighting its ability to attract investment for advancing its suite of analytical tools and services.
Contact Information
For inquiries, Hotel Compete can be reached via email at sales@hotelcompete.com or by phone at (844) 330-6888. Visit the company website at [Hotel Compete](https://hotelcompete.com/).
Competitive Landscape
Hotel Compete thrives within a competitive environment alongside companies such as Amadeus, HotelRunner, Lighthouse, and RateGain. This sector has witnessed substantial advancements with data analytics and predictive tools, notably epitomized by Lighthouse’s Smart Compset feature, leveraging AI for advanced data analysis.
Notable Competitors
1. Amadeus: Provides advanced IT solutions for travel and tourism, focusing on transaction-based services.
2. HotelRunner: A SaaS-enabled platform that aids accommodations with sales, operations, and distribution management, recently expanded through acquiring Bookingate.
3. Lighthouse: Offers innovative competitive intelligence solutions with dynamic AI-driven technology like Smart Compset for market insights.
4. RateGain: A leader in revenue maximization with SaaS solutions, serving prominent hotel chains and travel agents globally.
Strategic Positioning
Hotel Compete's strategic edge lies in its ability to deliver close to real-time market intelligence, a critical tool for hoteliers focusing on optimizing their competitive stance and enhancing dynamic pricing strategies. The company prioritizes data integrity and provides actionable insights, empowering hoteliers to make informed pricing and inventory decisions. By maintaining a comprehensive, data-driven approach, Hotel Compete aims to influence decision-making processes in the hospitality industry, empowering hoteliers with the necessary tools to improve market competitiveness and revenue outcomes.
