Hotel Price Categories for Rural Nebraska Hotels

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. 

Since Hastings, NE is a small town in rural Nebraska, it's rate classification is based on 109 hotels in rural Nebraska that are oustide the metropolitan areas.  The latest rate analysis for rural Nebraska hotels was performed on April 28, 2008.  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 Hastings, Nebraska Hotels

Hotel Rate Table for Hastings, Nebraska

The table below shows Hastings, Nebraska hotels listed from the highest average rate to the lowest average rate (Avg Rate column).  The table may be sorted on any column by clicking the column headers. 

The hotels are 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 for each hotel.  The "High Dif" column shows the difference between the current high rate and the average high rate for each hotel.  Enter dates in the "Reservation Dates" form above and click "Update Rates" for the most current rates.  Click on the hotel names to see all avaiable 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 Hastings, Nebraska Hotels                Averages calculated:  April 28, 2008        Rates captured:  12:00 AM on 7/4/08 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 Best Western North Shore Lodge 98 72 75 -3 105 122 -17 Holiday Inn Express Hastings 98 96 92 4 105 104 1 Quality Hotel & Convention Center 90 80 85 -5 90 96 -6 Comfort Inn Hastings 87 70 70 0 130 104 26 Super 8 Motel - Hastings 57 57 54 3 57 60 -3

Discount Hotels Page

After updating the rate table, check to see if any new hotels are listed on the Discount Rates Page.

Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for Hastings, Nebraska hotels is based on the average room rates of 109 hotels in rural Nebraska oustide the metropolitan areas.  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:  $46 - Econo Lodge Beatrice
Highest Average Room Rate:  $120 - Norfolk Lodge & Suites Clarion Collection

The graph on the right shows the typical shape of a rate distribution for a wide range of room rates.  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 rural Nebraska hotels is $77 and the standard deviation is $17.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $94, so Hastings hotels with an average rate higher than $94 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 $61, so Hastings hotels with an average rate lower than $61 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Hastings hotels with average room rates greater the $61 and less that $94 are classified as moderate priced hotels ( cyan ) on the map.