Hotel Price Categories for Alcoa, Tennessee

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 Alcoa, TN was performed on April 28, 2008.  The analysis is based on the average room rates for 174 hotels within Alcoa, TN and adjacent towns forming the Knoxville, TN 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.

Discount Rate Analysis for Alcoa, Tennessee Hotels

Alcoa Days Inn - Knoxville Airport          Info   Photos   Rate-history   Map
2962 Alcoa Hwy.
Alcoa, TN 37701

Rate Analysis	Low	High
Running Average Rate :	$78	$87
Rates observed on 7/25/08:	$59	$160

The observed low rate is 24% below the average low rate.
The observed high rate is 84% above the average high rate.

Mainstay Suites Knoxville Airport          Info   Photos   Rate-history   Map
361 Fountain View Circle
Alcoa, TN 37701

Rate Analysis	Low	High
Running Average Rate :	$97	$107
Rates observed on 7/25/08:	$91	$117

The observed low rate is 6% below the average low rate.
The observed high rate is 9% above the average high rate.

Country Inn & Suites By Carlson, Knoxville Airport, Tn          Info   Photos   Rate-history   Map
162 CUSICK ROAD
Alcoa, TN 37701

Rate Analysis	Low	High
Running Average Rate :	$85	$96
Rates observed on 7/25/08:	$81	$81

The observed low rate is 5% below the average low rate.
The observed high rate is 16% below the average high rate.

Holiday Inn Express Hotel & Suites Alcoa (Knoxville Airport), Tn          Info   Photos   Rate-history   Map
130 ASSOCIATES BLVD
Alcoa, TN 37701

Rate Analysis	Low	High
Running Average Rate :	$89	$103
Rates observed on 7/25/08:	$88	$120

The observed low rate is 1% below the average low rate.
The observed high rate is 17% above the average high rate.

Jameson Inn Alcoa          Info   Photos   Rate-history   Map
206 Corporate Place
Alcoa, TN 37701

Rate Analysis	Low	High
Running Average Rate :	$88	$100
Rates observed on 7/25/08:	$90	$90

The observed low rate is 2% above the average low rate.
The observed high rate is 10% below the average high rate.

Comfort Suites Airport          Info   Photos   Rate-history   Map
140 Cusick Rd.
Alcoa, TN 37701

Rate Analysis	Low	High
Running Average Rate :	$92	$117
Rates observed on 7/25/08:	$95	$105

The observed low rate is 3% above the average low rate.
The observed high rate is 10% below the average high rate.

Hotel Rate Table for Alcoa, Tennessee

The table below shows Alcoa, Tennessee 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 Alcoa, Tennessee 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 Comfort Suites Airport 104 95 92 3 105 117 -12 Mainstay Suites Knoxville Airport 102 91 97 -6 117 107 10 Fairfield Inn By Marriott Knoxville Airport 98 93 84 9 119 111 8 Holiday Inn Express Hotel & Suites Alcoa (knoxville Airport), Tn 96 88 89 -1 120 103 17 Jameson Inn Alcoa 94 90 88 2 90 100 -10 Country Inn & Suites By Carlson, Knoxville Airport, Tn 90 81 85 -4 81 96 -15 Alcoa Days Inn - Knoxville Airport 82 59 78 -19 160 87 73

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 Alcoa, Tennessee hotels is based on the average rates of 174 hotels within Alcoa and adjacent towns forming the Knoxville, TN 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:  $41 - Red Carpet Inn Knoxville
Highest Average Room Rate:  $171 - Marriott Knoxville

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 Knoxville, TN MSA hotels is $92 and the standard deviation is $26.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $119, so Alcoa hotels with an average rate higher than $119 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 $67, so Alcoa hotels with an average rate lower than $67 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Alcoa hotels with average room rates greater the $67 and less that $119 are classified as moderate priced hotels ( cyan ) on the map.