Hotel Price Categories for O'Fallon, 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 O'Fallon, IL was performed on April 28, 2008.  The analysis is based on the average room rates for 188 hotels within O'Fallon, IL and adjacent towns forming the St. Louis, MO-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.

Automated Rate Analysis for O'Fallon, Illinois Hotels

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

Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for O'Fallon, Illinois hotels is based on the average rates of 188 hotels within O'Fallon and adjacent towns forming the St. Louis, MO-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:  $47 - Budget Host Inn Hazelwood
Highest Average Room Rate:  $186 - Omni Majestic Hotel

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 St. Louis, MO-IL MSA hotels is $100 and the standard deviation is $32.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $132, so O'Fallon hotels with an average rate higher than $132 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 $73, so O'Fallon hotels with an average rate lower than $73 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so O'Fallon hotels with average room rates greater the $73 and less that $132 are classified as moderate priced hotels ( cyan ) on the map.