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OpenComps' users are diverse: from private equity funds to operators, from brokers to researchers, from consultants to attorneys. We really appreciate the support and feedback we receive.
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I have been using Opencomps.com for many years and it has become an invaluable resource. It is as up-to-date on every publically announced transaction as any other service and the fact they aggregate all associated news articles and SEC filings with each sale is extremely helpful.
OpenComps provides access to a large amount of transaction data in a very easy-to-use format. I generally keep OpenComps open in my browser all day.
I use OpenComps when doing market research on prospective acquisitions. I appreciate OpenComps' comprehensiveness, accuracy and ease of use. Often, I find that OpenComps has accurate data on transactions that its competitors may not list. I believe that having access to these data is crucial for making sound investment decisions.
OpenComps is a great source of data for us in both underwriting new transactions and markets as well as evaluating exit strategies for our owned hotels.