Free pricing checklist
Hotel competitor pricing checklist
Use this weekly workflow before changing your rates on Booking.com, Airbnb, or direct booking channels. It keeps the focus on the dates, competitors, and market signals that actually affect revenue.
Choose the right competitor set
- Pick 5 to 15 properties guests would realistically compare with yours.
- Match location, property type, quality level, amenities, and guest segment.
- Separate direct competitors from nearby properties that serve a different buyer.
Check the dates that drive revenue
- Review weekends, holidays, local event dates, and high-demand arrival windows.
- Look at several lead times instead of only checking today or tomorrow.
- Compare the same check-in dates across every competitor before changing rates.
Track more than the headline rate
- Record nightly rate, availability, minimum-stay rules, and whether the property sold out.
- Note when a competitor changed price, not just the current price.
- Flag undercuts, sudden drops, unusual increases, and restriction changes.
Turn market signals into action
- Raise rates when competitors sell out or the market moves up together.
- Review value, photos, and restrictions before matching a cheaper competitor.
- Use alerts or a daily workflow for dates that can materially affect revenue.
Weekly review workflow
A simple rate review you can repeat every week
- 1Add your own property and closest competitors.
- 2Review upcoming high-value check-in dates.
- 3Compare rate, availability, and minimum-stay rules side by side.
- 4Decide whether to hold, raise, lower, or add an alert for each important date.
Stop running the checklist manually
OTABot turns this checklist into a daily pricing workflow: add public Booking.com or Airbnb listing URLs, monitor rates and availability, and get alerts when competitors move.