Hotel Price Categories for Richmond, Virginia

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 Richmond, VA was performed on April 28, 2008.  The analysis is based on the average room rates for 119 hotels within Richmond, VA and adjacent towns forming the Richmond-Petersburg, VA 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 Richmond, Virginia Hotels

Rodeway Inn Richmond          Info   Photos   Rate-history   Map
NEXT TO 7300 W Broad Street
Richmond, VA 23294

Rate Analysis	Low	High
Running Average Rate :	$92	$108
Rates observed on 7/9/08:	$60	$66

The observed low rate is 35% below the average low rate.
The observed high rate is 39% below the average high rate.

La Quinta Inn Richmond South          Info   Photos   Rate-history   Map
9040 Pams Avenue
Richmond, VA 23237

Rate Analysis	Low	High
Running Average Rate :	$106	$186
Rates observed on 7/9/08:	$69	$99

The observed low rate is 35% below the average low rate.
The observed high rate is 47% below the average high rate.

SpringHill Suites Richmond Northwest          Info   Photos   Rate-history   Map
9960 Independence Park Drive
Richmond, VA 23233

Rate Analysis	Low	High
Running Average Rate :	$136	$139
Rates observed on 7/9/08:	$88	$104

The observed low rate is 35% below the average low rate.
The observed high rate is 25% below the average high rate.

Omni Richmond Hotel          Info   Photos   Rate-history   Map
100 South 12th Street
Richmond, VA 23219

Rate Analysis	Low	High
Running Average Rate :	$207	$280
Rates observed on 7/9/08:	$149	$259

The observed low rate is 28% below the average low rate.
The observed high rate is 7% below the average high rate.

Richmond Va Travelodge          Info   Photos   Rate-history   Map
5221 Brook Road
Richmond, VA 23237

Rate Analysis	Low	High
Running Average Rate :	$103	$111
Rates observed on 7/9/08:	$74	$74

The observed low rate is 28% below the average low rate.
The observed high rate is 33% below the average high rate.

Country Inn And Suites By Carlson Richmond-I-95 South          Info   Photos   Rate-history   Map
2401 WILLIS RD.
Richmond, VA 23237

Rate Analysis	Low	High
Running Average Rate :	$85	$113
Rates observed on 7/9/08:	$80	$80

The observed low rate is 6% below the average low rate.
The observed high rate is 29% below the average high rate.

Baymont Inn & Suites Richmond          Info   Photos   Rate-history   Map
7201 W. Broad Street
Richmond, VA 23294

Rate Analysis	Low	High
Running Average Rate :	$72	$90
Rates observed on 7/9/08:	$65	$65

The observed low rate is 10% below the average low rate.
The observed high rate is 28% below the average high rate.

Hyatt Place Richmond/Arboretum          Info   Photos   Rate-history   Map
201 Arboretum Place
Richmond, VA 23236

Rate Analysis	Low	High
Running Average Rate :	$149	$149
Rates observed on 7/9/08:	$109	$109

The observed low rate is 27% below the average low rate.
The observed high rate is 27% below the average high rate.

Holiday Inn Richmond-Central, Va          Info   Photos   Rate-history   Map
3207 NORTH BOULEVARD
Richmond, VA 23230

Rate Analysis	Low	High
Running Average Rate :	$95	$118
Rates observed on 7/9/08:	$82	$90

The observed low rate is 14% below the average low rate.
The observed high rate is 24% below the average high rate.

Econo Lodge Richmond          Info   Photos   Rate-history   Map
8350 Brook Road
Richmond, VA 23227

Rate Analysis	Low	High
Running Average Rate :	$82	$94
Rates observed on 7/9/08:	$65	$71

The observed low rate is 21% below the average low rate.
The observed high rate is 24% below the average high rate.

Hotel Rate Table for Richmond, Virginia

The table below shows Richmond, Virginia 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 Richmond, Virginia Hotels                Averages calculated:  April 28, 2008        Rates captured:  12:00 AM on 7/9/08 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 The Jefferson Hotel 340 222 286 -64 310 393 -83 Omni Richmond Hotel 244 149 207 -58 259 280 -21 Marriott Richmond 236 225 200 25 290 273 17 The Berkeley Hotel Richmond 200 203 161 42 218 238 -20 Crowne Plaza Hotel Richmond-e Canal, Va 199 217 175 42 399 223 176 Linden Row Inn 181 238 120 118 238 242 -4 Courtyard By Marriott Richmond West 176 143 128 15 259 224 35 Courtyard By Marriott Richmond Northwest 162 152 125 27 239 198 41 Commonwealth Park Suites Hotel 157 162 118 44 221 196 25 Residence Inn By Marriott Richmond West End 154 127 134 -7 169 175 -6 Sheraton Park South Hotel 154 155 148 7 195 160 35 Sheraton Richmond West Hotel 151 189 150 39 224 152 72 Hyatt Place Richmond/arboretum 149 109 149 -40 109 149 -40 Crowne Plaza Hotel Richmond West 148 119 128 -9 139 168 -29 Holiday Inn Select Richmond-koger South, Va 146 148 135 13 175 156 19 La Quinta Inn Richmond South 146 69 106 -37 99 186 -87 Residence Inn By Marriott Richmond Northwest 146 127 114 13 199 178 21 Holiday Inn Express Richmond - Downtown 144 133 132 1 139 156 -17 Springhill Suites Richmond Northwest 138 88 136 -48 104 139 -35 Candlewood Suites Richmond-south 134 150 121 29 150 146 4 Holiday Inn Express Richmond-i64@innsbrook, Va 122 112 118 -6 124 125 -1 Holiday Inn Richmond-i-64, West End, Va 119 112 94 18 112 144 -32 Inns Of Virginia Richmond 114 na 106 na na 121 na Fairfield Inn And Suites By Marriott Richmond Northwest 108 93 103 -10 93 112 -19 Richmond Va Travelodge 107 74 103 -29 74 111 -37 Holiday Inn Richmond-central, Va 106 82 95 -13 90 118 -28 Comfort Inn Corporate Gateway 101 99 89 10 99 113 -14 Comfort Inn Conference Center Midtown 100 102 86 16 102 113 -11 Rodeway Inn Richmond 100 60 92 -32 66 108 -42 Country Inn And Suites By Carlson Richmond-i-95 South 99 80 85 -5 80 113 -33 Howard Johnson Express 96 62 75 -13 108 117 -9 Best Western Governors Inn Motel 95 90 84 6 142 106 36 Sleep Inn Richmond 92 77 87 -10 90 97 -7 Holiday Inn Richmond, Virginia 91 108 84 24 112 98 14 Quality Inn West End 91 85 87 -2 95 95 0 Econo Lodge Richmond 88 65 82 -17 71 94 -23 Best Western Executive Hotel 84 86 84 2 96 85 11 Econo Lodge Richmond 84 71 83 -12 71 84 -13 Baymont Inn & Suites Richmond 81 65 72 -7 65 90 -25 Richmond - Days Inn W Broad 78 79 76 3 79 80 -1 Richmond/midlothian Turnpike Super 8 Motel 78 60 70 -10 67 85 -18 Sleep Inn Richmond 77 72 71 1 85 83 2 Ramada Inn West 76 59 74 -15 69 79 -10 Red Roof Inn Richmond South, Va 74 70 71 -1 75 78 -3 Richmond Airport Super 8 Motel 70 53 67 -14 65 74 -9 Days Inn Richmond 68 70 67 3 80 70 10 Econo Lodge Intown 68 59 64 -5 65 72 -7 Richmond/chamberlayne Super 8 Motel 66 56 58 -2 91 73 18 Econo Lodge South 64 50 56 -6 63 71 -8 Richmond Va Days Inn 64 54 45 9 85 82 3 Richmond/broad Street Super 8 Motel 64 56 63 -7 62 64 -2 Rodeway Inn Richmond 60 58 58 0 64 63 1 Ramada Inn Southeast 59 56 58 -2 62 60 2 Econo Lodge West 56 50 50 0 60 62 -2 Red Carpet Inn Richmond 48 na 46 na na 50 na

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Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for Richmond, Virginia hotels is based on the average rates of 119 hotels within Richmond and adjacent towns forming the Richmond-Petersburg, VA 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 Petersburg
Highest Average Room Rate:  $200 - The Berkeley Hotel Richmond

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 Richmond-Petersburg, VA MSA hotels is $107 and the standard deviation is $37.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $144, so Richmond hotels with an average rate higher than $144 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 $74, so Richmond hotels with an average rate lower than $74 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Richmond hotels with average room rates greater the $74 and less that $144 are classified as moderate priced hotels ( cyan ) on the map.