Hotel Price Categories for Chicago, Illinois

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 Chicago, IL was performed on March 24, 2008.  The analysis is based on the average room rates for 411 hotels within Chicago and adjacent towns forming the Chicago, IL 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.

Hotel Rate Table for Chicago, Illinois

The table below shows Chicago, Illinois hotels listed from the highest average rate to the lowest average rate.  The hotels are color coded according to the Hotel Price Categories described above.  The table shows the high and low rates recorded for each hotel.  It also shows the annual average high and low rates for comparison.  The "Low Dif" and "High Dif" columns show the difference between the posted current rates and the annual average rates.  The table may be sorted by clicking the column headers.

Initial rates captured at       :  12:00 AM on 5/17/08
Annual averages calculated  :  March 24, 2008

Update Rates

Click the "Update Rates" button to begin the hotel rate search.  The search routine will simultaneously search multiple hotel reservation systems through Interactive Hotel Solutions to find the lowest current rates.  Each hotel record will be highlighted as it is updated.  The average time to access the rates for each hotel is around two seconds.  You may stop the search at any time with the "Stop" button and resume the search again with the "Resume" button. 

Compare Rates

To compare rates between hotels, click the column headers to sort by the average rates, low rates, or high rates.

Identify Low Rates

See the difference between the current posted rates and average rates to identify hotels with below average rates.  Negative values indicate below average rates.  Click the "Low Dif" and "High Dif" column headers to sort the values and see the lowest differences. 

Click the average rate values (Ave Rate column) to see rate trend graphs for each hotel.  See how the current rates compare to the rate history for each hotel.  Consider that large differences in the high rates may indicate limited availability of the more expensive rooms, and low rates may simply indicate an opening in low rate rooms.  Rates may also vary with seasons and change for special events. 

Go to the Discount Rates Page for an automated analysis of below average rates.

Get Hotel Information & Reserve Rooms

Click on the hotel names to access the information pages for the hotels.  Use the "Reservation Dates" selection box at the top of the hotel information page to set your required dates and number of occupants.

Interactive Rate Table for Chicago, Illinois Hotels                Averages calculated:  March 24, 2008        Rates captured:  12:00 AM on 5/17/08 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 Dana Hotel And Spa 2732 na 295 na na 5170 na The James Chicago Hotel 1392 345 424 -79 2,500 2359 141 The Sutton Place Hotel -- Chicago 1172 387 300 87 2,500 2045 455 Trump International Hotel & Tower Chicago 910 445 407 38 1,875 1413 462 Park Hyatt Chicago 695 405 440 -35 855 950 -95 The Talbott Hotel 534 249 259 -10 950 810 140 Swissotel Chicago 508 259 289 -30 689 728 -39 The Fairmont Chicago 484 289 364 -75 514 604 -90 House Of Blues 467 296 234 62 769 700 69 The Sutton Place Hotel-Chicago 466 320 236 84 470 697 -227 Hard Rock Hotel Chicago 456 324 257 67 434 656 -222 Sofitel Chicago Water Tower 430 285 268 17 526 591 -65 Hotel Blake 406 na 256 na na 555 na Hotel 71 387 209 224 -15 541 550 -9 Crowne Plaza Hotel Chicago-allerton, Il 384 na 369 na na 399 na Marriott Chicago Downtown 372 289 339 -50 389 406 -17 Ambassador East Hotel 360 269 182 87 289 539 -250 Renaissance Chicago Hotel 352 519 280 239 819 425 394 The Blackstone, A Renaissance Hotel 350 289 294 -5 359 406 -47 Vacationrentchicago 346 na 308 na na 385 na The Westin Chicago River North 341 304 320 -16 384 362 22 Wyndham Chicago 337 200 277 -77 330 397 -67 Hotel Inter-continental Chicago 336 359 285 74 449 388 61 W Chicago Lakeshore 336 250 314 -64 288 357 -69 Hotel Raffaello Chicago 322 194 237 -43 295 406 -111 Hyatt Regency Chicago 318 199 293 -94 299 343 -44 Tremont Hotel 316 199 266 -67 229 367 -138 Belden Stratford Hotel 314 na 147 na na 481 na Burnham Hotel 312 279 291 -12 429 332 97 Omni Chicago Hotel 306 349 284 65 349 328 21 Ambassador East Hotel 304 na 189 na na 420 na The Westin Michigan Avenue Chicago 298 279 267 12 329 328 1 Hotel Allegro Chicago 296 139 254 -115 139 337 -198 Courtyard By Marriott Chicago Downtown 292 289 250 39 329 334 -5 Bridgestreet Corporate Housing North Harbor Tower 288 na 250 na na 325 na Crowne Plaza Hotel Chicago-metro 284 252 250 2 329 319 10 Residence Inn By Marriott Chicago Downtown 282 259 247 12 359 317 42 Marriott Chicago Downtown Medical District 279 189 253 -64 309 305 4 Hotel Indigo Chicago Downtown Gold Coast 274 243 266 -23 309 281 28 The Majestic Hotel 273 218 247 -29 266 299 -33 City Suites Hotel 272 233 245 -12 272 298 -26 W Chicago City Center 272 359 269 90 359 275 84 Four Points By Sheraton Chicago Downtown/magnificent Mile 268 235 256 -21 310 281 29 Holiday Inn Hotel & Suites Chicago-downtown, Il 266 200 231 -31 279 302 -23 Eugenie Terrace 262 na 225 na na 300 na Whitehall Hotel 262 268 183 85 345 342 3 Hyatt Regency Mccormick Place 260 179 246 -67 199 273 -74 Sheraton Chicago Hotel And Towers 258 379 227 152 459 288 171 Courtyard By Marriott Chicago Magnificent Mile 257 260 238 22 270 276 -6 The Silversmith Hotel 255 288 233 55 335 277 58 Allerton Hotel Chicago 250 169 168 1 269 333 -64 Congress Plaza Hotel 248 142 158 -16 299 339 -40 Holiday Inn Express Chicago - Magnificent Mile 248 190 227 -37 309 269 40 Millennium Knickerbocker Hotel Chicago 248 199 215 -16 349 282 67 Seneca Hotel 246 na 135 na na 358 na Inn Of Chicago - Magnificent Mile 245 161 177 -16 239 313 -74 Beadle Inn 242 305 180 125 305 305 0 Holiday Inn Select Chicago-midway Airport, Il 242 na 197 na na 286 na Hotel Monaco Chicago 242 309 228 81 479 255 224 Chicago's Essex Inn 240 289 188 101 419 293 126 Radisson Hotel & Suites Chicago 238 na 228 na na 249 na Fairfield Inn And Suites By Marriott Chicago Downtown 234 209 208 1 209 261 -52 MDA City Apartments 231 260 200 60 260 262 -2 Comfort Inn & Suites Downtown 228 200 209 -9 290 248 42 Holiday Inn Chicago-mart Plaza, Il 224 205 192 13 296 256 40 Bridgestreet Sterling 222 na 195 na na 250 na Oakwood Chicago 222 na 193 na na 252 na Habitat Suites At Pres Towers 220 na 193 na na 247 na Chicago City Centre 216 170 179 -9 258 253 5 Marriott Chicago Midway 209 209 180 29 249 238 11 Renaissance Suites Chicago O'hare 204 199 149 50 199 260 -61 The Fisher Building 196 na 183 na na 209 na Best Western River North Hotel 193 179 181 -2 189 205 -16 Best Western Hawthorne Terrace Hotel 192 190 165 25 240 219 21 The Willows Hotel 192 190 160 30 279 224 55 Chicago-days Inn Lincoln Park North 179 137 154 -17 202 204 -2 Holiday Inn Express Hotel & Suites Midway Airport, Il 176 180 152 28 229 200 29 Marriott Chicago O'hare 174 199 147 52 199 201 -2 Holiday Inn Chicago O'hare Area 170 163 132 31 200 209 -9 Wooded Isle Inc Wooded Isle Suites 170 162 160 2 196 181 15 Ramada Plaza Chicago O Hare 162 na 155 na na 170 na Best Western Grant Park Hotel 161 169 147 22 310 175 135 Springhill Suites By Marriott Chicago O'hare 160 189 122 67 249 198 51 The Belden-stratford Hotel 158 167 149 18 319 168 151 Chicago Downtown Travelodge 156 149 140 9 209 171 38 Howard Johnson Inn 148 119 134 -15 199 161 38 The Inn At Lincoln Park 146 90 102 -12 159 190 -31 Chicago OHare Garden Hotel 145 103 122 -19 139 168 -29 Chicago OHare Garden Hotel 144 99 144 -45 99 144 -45 Ramada Inn Lake Shore - Chicago 144 169 117 52 169 172 -3 Red Roof Inn Chicago Downtown 143 150 135 15 160 151 9 House Of Two Urns Bandb 142 na 109 na na 175 na Super 8 Motel Chicago Loyola University 136 140 119 21 180 153 27 Gold Coast Hotel 126 na 109 na na 143 na Four Points By Sheraton Chicago Midway 124 119 122 -3 119 126 -7 The Seneca Hotel And Suites 114 166 110 56 345 119 226 Wooded Isle Inc University Field Corp Condos 88 na 88 na na 88 na

Discount Hotels Page

After updating the rate table to get the lowest up-to-the-minute rates, go to the Discount Rates Page to see hotels with below average rates.  You may adjust the "Percent Below Average" value to query hotels for the discount level you specify.

Hotel Locator Map

The Hotel Locator Map will open in the space occupied by the introduction box at the top of this page.  Click the static map or click the "Launch Interactive Map" button to open the map.

The Hotel Locator Map shows the location of hotels in Chicago, Illinois and adjacent areas.  It allows you to zoom in, zoom out, center, and select hotels for identification.  The map includes an interactive list of hotels that works with the map.  As you zoom in on your area of interest, the list of hotels on the sidebar will adjust to match the hotels you see on the map.  This feature allows you to focus the list of hotels for a specific area of Chicago, IL. 

The hotel markers on the map are colored and numbered to match the hotel list.   The colors indicate the price range categories calculated for the hotels in Chicago, IL.  If you are interested in only one price range, use the price category check boxes beneath the hotel list to turn off the price ranges you don't need.

For screens set to 1024 x 768 or greater, sort buttons are available on the map interface to sort the hotel list by name, by high rates, or by low rates.  When sorting the hotels by high or low rates, the hotels will remain grouped in the three price categories and each category will be sorted separately.  In addition to sorting the hotels by high or low rates, you may turn hotel rate ranges on or off by using the price category check boxes beneath the hotel list.

After you have focused the hotel list, set the dates for your reservation with the Reservation Dates selection box on the left side of the map. Set the dates for your stay, the number of adults, and the number of children, then click the Update Rates button at the top of the map's hotel list to begin the hotel rate search.  The search routine will step through each hotel and search multiple hotel reservation systems through Interactive Hotel Solutions to find the lowest current rates.

The current rates and the annual average rates are presented for comparison.  The current rates are presented in bold text and the average rates are displayed in small text  ( low | high )  above the current rates.  Compare the current high and low rates to their average values to identify below average rates. 

Hotel rate trend pages showing the rate history of each hotel are linked to the average rate numbers.

The links under each hotel provide access to the hotel information and rate pages.  The rate links will generate rate pages for the number of occupants and dates that you set in the Reservation Dates selection box.  Hotel rooms may be booked through the rate pages.

Hotel Rate Analysis and Classification Details

The March 24, 2008 rate analysis for Chicago, Illinois hotels is based on the average rates of 411 hotels within Chicago and adjacent towns forming the Chicago, IL 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:  $0 - The Willows Hotel
Highest Average Room Rate:  $2732 - Dana Hotel And Spa

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 March 24, 2008 analysis, the resulting mean room rate for Chicago, IL MSA hotels is $149 and the standard deviation is $77.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $226, so Chicago hotels with an average rate higher than $226 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 $75, so Chicago hotels with an average rate lower than $75 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Chicago hotels with average room rates greater the $75 and less that $226 are classified as moderate priced hotels ( cyan ) on the map.