Hotel Price Categories for Rural Illinois 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 Monmouth, IL is a small town in rural Illinois, it's rate classification is based on 172 hotels in rural Illinois that are oustide the metropolitan areas.  The latest rate analysis for rural Illinois 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 Monmouth, Illinois Hotels

Hotel Rate Table for Monmouth, Illinois

The table below shows only one hotel for Monmouth, Illinois, but other nearby hotels may be found by using the interactive map.

The hotel record is 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.  The "High Dif" column shows the difference between the current high rate and the average high rate.  Enter dates in the "Reservation Dates" form above and click "Update Rates" for the most current rates.  Click on the hotel name to see all available 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 Monmouth, Illinois 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 Super 8 Motel - Monmouth 64 54 52 2 85 76 9

Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for Monmouth, Illinois hotels is based on the average room rates of 172 hotels in rural Illinois 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:  $42 - Knights Inn - Carriage Inn
Highest Average Room Rate:  $222 - Bridgestreet Sterling

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 Illinois hotels is $82 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 $107, so Monmouth hotels with an average rate higher than $107 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 $62, so Monmouth hotels with an average rate lower than $62 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Monmouth hotels with average room rates greater the $62 and less that $107 are classified as moderate priced hotels ( cyan ) on the map.