Hotel Price Categories for Cerritos, California

The hotels on the Rate Table and the Interactive Map are grouped into color coded price categories based on their average room rates.  The average rate for each hotel is calculated from the average of it's high and low room rates observed over a period of one year.

The latest hotel rate analysis for Cerritos, CA was performed on April 28, 2008.  The analysis is based on the average room rates for 418 hotels within Cerritos, CA and adjacent towns forming the Los Angeles-Long Beach, CA Metropolitan Statistical Area.  The current classification breaks based on this analysis are as follows:

See Hotel Rate Analysis and Classification Details below for a detailed explanation of the classification price breaks.

Automated Rate Analysis for Cerritos, California Hotels

Sheraton Cerritos Hotel At Towne Center          Info   Photos   Rate-history   Map
12725 Center Court Drive
Cerritos, CA 90703

Rate Analysis	Low	High
Running Average Rate :	$140	$142
Rates observed on 7/25/08:	$169	$169

The observed low rate is 21% above the average low rate.
The observed high rate is 19% above the average high rate.

Hotel Rate Table for Cerritos, California

The table below shows only one hotel for Cerritos, California, but other nearby hotels may be found by using the interactive map.

The hotel record is color coded according to the Hotel Price Categories described above.  The "Low Dif" column shows the difference between the current low rate and the average low rate.  The "High Dif" column shows the difference between the current high rate and the average high rate.  Enter dates in the "Reservation Dates" form above and click "Update Rates" for the most current rates.  Click on the hotel name to see all available room rates and make reservations. 

Click the help link below for more information on the rate table update & analysis procedures. 

Open Help Window:  Rate Table Help

Interactive Rate Table for Cerritos, California Hotels                Averages calculated:  April 28, 2008        Rates captured:  12:00 AM on 7/25/08 Click Hotel Names for Info Pages          Click Avg Rates for Graphs           Click Table Headers to Sort Name Avg Rate Low Rate Avg Low Low Dif High Rate Avg High High Dif Sheraton Cerritos Hotel At Towne Center 141 169 140 29 169 142 27

Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for Cerritos, California hotels is based on the average rates of 418 hotels within Cerritos and adjacent towns forming the Los Angeles-Long Beach, CA Metropolitan Statistical Area.  The average rate for each hotel is calculated from the average of it's high and low room rates observed over a period of one year.  The rates range between the following values:

Lowest Average Room Rate:  $34 - Monterey Inn Hotel
Highest Average Room Rate:  $562 - Beverly Pavilion

The graph on the right shows the typical shape of a room rate distribution for a metropolitan area.  The colored areas depict the price breaks used to classify the hotels.  Rates greater than two standard deviations above the mean for all values are considered high end outliners and are removed from the price break calculations.

For the April 28, 2008 analysis, the resulting mean room rate for Los Angeles-Long Beach, CA MSA hotels is $157 and the standard deviation is $85.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $242, so Cerritos hotels with an average rate higher than $242 are classified as deluxe hotels ( magenta ) on the map.

Hotels with average rates falling in the lower half of the range below the mean are categorized as budget.  The rate halfway between the low rate and the mean rate is $96, so Cerritos hotels with an average rate lower than $96 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Cerritos hotels with average room rates greater the $96 and less that $242 are classified as moderate priced hotels ( cyan ) on the map.