Hotel Price Categories for Oakbrook, 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 Oakbrook, IL was performed on March 24, 2008.  The analysis is based on the average room rates for 411 hotels within Oakbrook 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 Oakbrook, Illinois

The table below shows only one hotel for Oakbrook, Illinois, but other hotels may be found nearby on the map.

The table shows the high and low rates and it shows the annual average high and low rates for comparison.  The "Low Dif" and "High Dif" columns show the difference between the current rates and the annual average rates. 

Initial rates captured at       :  12:00 AM on 5/16/08
Annual averages calculated  : March 24, 2008

Update Rates
Click the "Update Rates" button to begin the hotel rate search.  The search routine will simultaneously seach multiple hotel reservation systems through Interactive Hotel Solutions to find the lowest current rates. 

The hotel record will be highlighted when it is updated. 

Get Hotel Information & Reserve Rooms
Click on the hotel name to access the information page for the hotel.  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 Oakbrook, Illinois Hotels                Averages calculated:  March 24, 2008        Rates captured:  12:00 AM on 5/16/08 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 Wyndham Drake Oakbrook 196 159 160 -1 209 231 -22

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 Oakbrook, 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 Oakbrook, 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 Oakbrook, 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. 

Only one hotel rate was observed for Oakbrook, Illinois on March 24, 2008, but other nearby hotels may be found by panning or zooming out on the map.  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 Oakbrook, Illinois hotels is based on the average rates of 411 hotels within Oakbrook 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 Oakbrook 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 Oakbrook 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 Oakbrook hotels with average room rates greater the $75 and less that $226 are classified as moderate priced hotels ( cyan ) on the map.