When comparing pricing among competitors, they will typically be:

In the hotel industry, pricing strategies among competitors are often closely aligned due to various factors such as market demand, location, and brand positioning. When evaluating pricing, it's common to observe that rates are relatively close among neighboring hotels or within the same competitive set. This similarity in pricing allows hotels to remain competitive while still appealing to their target markets.

Hotels often take their competitive environment into account when setting prices, as potential guests frequently compare rates before making a booking decision. Therefore, a hotel may adjust its pricing strategy in response to the rates set by nearby competitors to ensure it remains an attractive option for travelers. This practice reflects an understanding of market dynamics and customer expectations, leading most hotels to adopt pricing that is generally in proximity to one another rather than widely diverse.