Hotel Price Categories for Florence, Alabama

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 Florence, AL was performed on April 28, 2008.  The analysis is based on the average room rates for 11 hotels within Florence, AL and adjacent towns forming the Florence, AL 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 Florence, Alabama Hotels

Budget Inn Florence          Info   Photos   Rate-history   Map
1238 Florence Blvd
Florence, AL 35630

Rate Analysis	Low	High
Running Average Rate :	$41	$106
Rates observed on 7/9/08:	$36	$98

The observed low rate is 12% below the average low rate.
The observed high rate is 8% below the average high rate.

Jameson Inn Florence          Info   Photos   Rate-history   Map
115 Ana Drive
Florence, AL 35630

Rate Analysis	Low	High
Running Average Rate :	$77	$93
Rates observed on 7/9/08:	$85	$85

The observed low rate is 10% above the average low rate.
The observed high rate is 9% below the average high rate.

Marriott Shoals Hotel and Spa          Info   Photos   Rate-history   Map
800 Cox Creek Parkway South
Florence, AL 35630

Rate Analysis	Low	High
Running Average Rate :	$120	$299
Rates observed on 7/9/08:	$132	$250

The observed low rate is 10% above the average low rate.
The observed high rate is 16% below the average high rate.

Knights Inn Florence AL          Info   Photos   Rate-history   Map
1915 Florence Blvd
Florence, AL 35630

Rate Analysis	Low	High
Running Average Rate :	$53	$58
Rates observed on 7/9/08:	$90	$100

The observed low rate is 70% above the average low rate.
The observed high rate is 72% above the average high rate.

Comfort Inn Florence          Info   Photos   Rate-history   Map
150 Etta Gray Drive
Florence, AL 35630

Rate Analysis	Low	High
Running Average Rate :	$66	$78
Rates observed on 7/9/08:	$113	$130

The observed low rate is 71% above the average low rate.
The observed high rate is 67% above the average high rate.

SUPER 8 MOTEL - FLORENCE          Info   Photos   Rate-history   Map
Hwy 72 & 43 East
Florence, AL 35631

Rate Analysis	Low	High
Running Average Rate :	$53	$68
Rates observed on 7/9/08:	$100	$110

The observed low rate is 89% above the average low rate.
The observed high rate is 62% above the average high rate.

Hotel Rate Table for Florence, Alabama

The table below shows Florence, Alabama 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 Florence, Alabama 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 Marriott Shoals Hotel And Spa 210 132 120 12 250 299 -49 Jameson Inn Florence 85 85 77 8 85 93 -8 Budget Inn Florence 74 36 41 -5 98 106 -8 Comfort Inn Florence 72 113 66 47 130 78 52 Super 8 Motel - Florence 60 100 53 47 110 68 42 Knights Inn Florence Al 56 90 53 37 100 58 42

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Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for Florence, Alabama hotels is based on the average rates of 11 hotels within Florence and adjacent towns forming the Florence, AL 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:  $56 - Knights Inn Florence Al
Highest Average Room Rate:  $153 - Webster Hotel And Suites

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 Florence, AL MSA hotels is $86 and the standard deviation is $28.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $113, so Florence hotels with an average rate higher than $113 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 $71, so Florence hotels with an average rate lower than $71 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Florence hotels with average room rates greater the $71 and less that $113 are classified as moderate priced hotels ( cyan ) on the map.