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 5/9/08
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 5/9/08 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 Dana Hotel And Spa 2732 na 295 na na 5170 na The James Chicago Hotel 1392 279 424 -145 2,500 2359 141 The Sutton Place Hotel -- Chicago 1172 378 300 78 2,540 2045 495 Trump International Hotel & Tower Chicago 910 385 407 -22 1,875 1413 462 Park Hyatt Chicago 695 345 440 -95 880 950 -70 The Talbott Hotel 534 599 259 340 599 810 -211 Swissotel Chicago 508 279 289 -10 709 728 -19 The Fairmont Chicago 484 289 364 -75 514 604 -90 House Of Blues 467 224 234 -10 539 700 -161 The Sutton Place Hotel-Chicago 466 320 236 84 470 697 -227 Hard Rock Hotel Chicago 456 289 257 32 349 656 -307 Sofitel Chicago Water Tower 430 210 268 -58 516 591 -75 Hotel Blake 406 na 256 na na 555 na Hotel 71 387 219 224 -5 551 550 1 Crowne Plaza Hotel Chicago-allerton, Il 384 na 369 na na 399 na Marriott Chicago Downtown 372 329 339 -10 329 406 -77 Ambassador East Hotel 360 199 182 17 219 539 -320 Renaissance Chicago Hotel 352 339 280 59 339 425 -86 The Blackstone, A Renaissance Hotel 350 539 294 245 539 406 133 Vacationrentchicago 346 na 308 na na 385 na The Westin Chicago River North 341 339 320 19 359 362 -3 Wyndham Chicago 337 230 277 -47 370 397 -27 Hotel Inter-continental Chicago 336 314 285 29 399 388 11 W Chicago Lakeshore 336 729 314 415 799 357 442 Hotel Raffaello Chicago 322 755 237 518 849 406 443 Hyatt Regency Chicago 318 239 293 -54 389 343 46 Tremont Hotel 316 174 266 -92 204 367 -163 Belden Stratford Hotel 314 na 147 na na 481 na Burnham Hotel 312 509 291 218 509 332 177 Omni Chicago Hotel 306 299 284 15 299 328 -29 Ambassador East Hotel 304 na 189 na na 420 na The Westin Michigan Avenue Chicago 298 229 267 -38 292 328 -36 Hotel Allegro Chicago 296 169 254 -85 169 337 -168 Courtyard By Marriott Chicago Downtown 292 199 250 -51 479 334 145 Bridgestreet Corporate Housing North Harbor Tower 288 na 250 na na 325 na Crowne Plaza Hotel Chicago-metro 284 189 250 -61 259 319 -60 Residence Inn By Marriott Chicago Downtown 282 219 247 -28 219 317 -98 Marriott Chicago Downtown Medical District 279 179 253 -74 279 305 -26 Hotel Indigo Chicago Downtown Gold Coast 274 249 266 -17 309 281 28 The Majestic Hotel 273 220 247 -27 268 299 -31 City Suites Hotel 272 327 245 82 407 298 109 W Chicago City Center 272 499 269 230 499 275 224 Four Points By Sheraton Chicago Downtown/magnificent Mile 268 195 256 -61 240 281 -41 Holiday Inn Hotel & Suites Chicago-downtown, Il 266 312 231 81 419 302 117 Eugenie Terrace 262 na 225 na na 300 na Whitehall Hotel 262 332 183 149 409 342 67 Hyatt Regency Mccormick Place 260 499 246 253 579 273 306 Sheraton Chicago Hotel And Towers 258 209 227 -18 289 288 1 Courtyard By Marriott Chicago Magnificent Mile 257 260 238 22 270 276 -6 The Silversmith Hotel 255 240 233 7 287 277 10 Allerton Hotel Chicago 250 186 168 18 359 333 26 Congress Plaza Hotel 248 190 158 32 329 339 -10 Holiday Inn Express Chicago - Magnificent Mile 248 153 227 -74 269 269 0 Millennium Knickerbocker Hotel Chicago 248 239 215 24 389 282 107 Seneca Hotel 246 na 135 na na 358 na Inn Of Chicago - Magnificent Mile 245 179 177 2 259 313 -54 Beadle Inn 242 180 180 0 305 305 0 Holiday Inn Select Chicago-midway Airport, Il 242 na 197 na na 286 na Hotel Monaco Chicago 242 179 228 -49 229 255 -26 Chicago's Essex Inn 240 239 188 51 349 293 56 Radisson Hotel & Suites Chicago 238 na 228 na na 249 na Fairfield Inn And Suites By Marriott Chicago Downtown 234 189 208 -19 209 261 -52 MDA City Apartments 231 220 200 20 220 262 -42 Comfort Inn & Suites Downtown 228 190 209 -19 280 248 32 Holiday Inn Chicago-mart Plaza, Il 224 159 192 -33 238 256 -18 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 216 195 179 16 269 253 16 Marriott Chicago Midway 209 309 180 129 329 238 91 Renaissance Suites Chicago O'hare 204 209 149 60 209 260 -51 The Fisher Building 196 na 183 na na 209 na Best Western River North Hotel 193 209 181 28 219 205 14 Best Western Hawthorne Terrace Hotel 192 190 165 25 360 219 141 The Willows Hotel 192 189 160 29 293 224 69 Chicago-days Inn Lincoln Park North 179 173 154 19 192 204 -12 Holiday Inn Express Hotel & Suites Midway Airport, Il 176 180 152 28 229 200 29 Marriott Chicago O'hare 174 161 147 14 244 201 43 Holiday Inn Chicago O'hare Area 170 83 132 -49 130 209 -79 Wooded Isle Inc Wooded Isle Suites 170 162 160 2 162 181 -19 Ramada Plaza Chicago O Hare 162 na 155 na na 170 na Best Western Grant Park Hotel 161 260 147 113 290 175 115 Springhill Suites By Marriott Chicago O'hare 160 170 122 48 229 198 31 The Belden-stratford Hotel 158 209 149 60 319 168 151 Chicago Downtown Travelodge 156 139 140 -1 189 171 18 Howard Johnson Inn 148 179 134 45 199 161 38 The Inn At Lincoln Park 146 186 102 84 204 190 14 Chicago OHare Garden Hotel 145 94 122 -28 129 168 -39 Chicago OHare Garden Hotel 144 109 144 -35 130 144 -14 Ramada Inn Lake Shore - Chicago 144 189 117 72 189 172 17 Red Roof Inn Chicago Downtown 143 160 135 25 190 151 39 House Of Two Urns Bandb 142 na 109 na na 175 na Super 8 Motel Chicago Loyola University 136 120 119 1 120 153 -33 Gold Coast Hotel 126 na 109 na na 143 na Four Points By Sheraton Chicago Midway 124 129 122 7 139 126 13 The Seneca Hotel And Suites 114 163 110 53 310 119 191 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.