Hotel Price Categories for Indianapolis, Indiana

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 Indianapolis, IN was performed on March 24, 2008.  The analysis is based on the average room rates for 170 hotels within Indianapolis and adjacent towns forming the Indianapolis, IN 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 Indianapolis, Indiana

The table below shows Indianapolis, Indiana 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 5/17/08
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 Indianapolis, Indiana Hotels                Averages calculated:  March 24, 2008        Rates captured:  12:00 AM on 5/17/08 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 Indianapolis Downtown 298 300 254 46 300 341 -41 The Westin Indianapolis 270 279 233 46 314 306 8 Staybridge Suites Indianapolis City Centre 255 na 194 na na 316 na Omni Severin Hotel 233 229 227 2 229 239 -10 Hyatt Regency Indianapolis 224 229 223 6 229 225 4 Holiday Inn Select Indianapolis-north (at The Pyr 213 99 171 -72 129 255 -126 Super 8 Motel - Indianapolis East 208 na 66 na na 349 na Crowne Plaza Hotel Indianapolis-dwt(union Sta),in 200 169 183 -14 209 218 -9 Lees Inn Indianapolis 200 74 191 -117 74 210 -136 Courtyard By Marriott Indianapolis Downtown 193 259 174 85 259 212 47 The Kendall Inn & Conference Retreat 187 129 140 -11 244 234 10 Towneplace Suites By Marriott Indianapolis Keystone 184 93 165 -72 139 203 -64 University Place Hotel 184 189 180 9 189 189 0 Marriott Indianapolis North 181 190 164 26 190 198 -8 Residence Inn By Marriott Indianapolis Northwest 181 104 153 -49 164 209 -45 Courtyard By Marriott Indianapolis At The Capitol 178 170 156 14 190 201 -11 Staybridge Suites Indianapolis-fishers, In 173 98 124 -26 210 222 -12 Marriott Indianapolis East 170 159 141 18 189 199 -10 Residence Inn By Marriott Indianapolis Airport 170 160 149 11 180 190 -10 Sheraton Indianapolis City Centre Hotel - Opening 170 119 153 -34 149 186 -37 Residence Inn By Marriott Indianapolis Downtown On The Canal 167 170 146 24 180 188 -8 Comfort Suites City Centre 166 na 157 na na 174 na Candlewood Suites Indianapolis Airport 165 109 147 -38 139 183 -44 Candlewood Suites Indianapolis City Centre 163 124 122 2 134 204 -70 Comfort Suites Indianapolis 160 90 144 -54 90 175 -85 Holiday Inn Express Hotel & Suites Indianapolis City Centre 160 170 137 33 200 182 18 Courtyard By Marriott Indianapolis Northwest 158 110 123 -13 169 192 -23 Residence Inn By Marriott Indianapolis North 156 129 131 -2 159 180 -21 Hawthorn Suites Ltd - Indianapolis East 155 100 150 -50 100 160 -60 Candlewood Suites Indianapolis City Centre 154 124 109 15 134 198 -64 Courtyard By Marriott Indianapolis Airport 153 109 143 -34 189 163 26 Candlewood Suites Indianapolis Airport 150 109 136 -27 139 164 -25 Wingate Inn - Indianapolis Airport 150 109 144 -35 109 157 -48 Courtyard By Marriott Indianapolis North/carmel 148 119 125 -6 157 170 -13 Radisson Hotel Indianapolis Airport 148 125 139 -14 125 157 -32 La Quinta Inn Indianapolis Airport/executive Drive 144 89 118 -29 169 171 -2 Comfort Inn West 140 95 126 -31 170 155 15 Holiday Inn Select Indianapolis-airport,in 140 135 125 10 149 154 -5 Residence Inn By Marriott Indianapolis Fishers 140 150 130 20 150 149 1 Holiday Inn Express Indianapolis - Beech Grove 136 119 130 -11 179 142 37 Ramada Limited Indianapolis 136 60 120 -60 95 152 -57 Fairfield Inn By Marriott Indianapolis Airport 134 130 119 11 150 149 1 Radisson Hotel Indianapolis North 132 129 126 3 129 137 -8 Signature Inn Carmel 132 121 126 -5 121 137 -16 Ramada Airport Indianapolis 130 89 104 -15 249 155 94 Knights Inn Indianapolis 128 27 61 -34 100 194 -94 La Quinta Indianapolis East 126 84 108 -24 114 143 -29 Sheraton Indianapolis Hotel And Suites 126 165 126 39 165 126 39 Holiday Inn Express Indianapolis-so(airport Area) 124 110 109 1 140 138 2 Country Inn & Suites By Carlson, Indianapolis Airport South 123 109 105 4 129 141 -12 Clarion Inn & Suites Northwest 122 117 107 10 126 136 -10 Econo Lodge Indianapolis 122 50 119 -69 50 124 -74 Best Western Airport Suites 120 72 111 -39 90 130 -40 Country Inn And Suites By Carlson Indianapolis-north 118 111 105 6 126 130 -4 Holiday Inn Indianapolis-east,in 118 95 111 -16 110 125 -15 Signature Inn Castleton 118 101 111 -10 101 125 -24 Candlewood Suites Indianapolis 116 99 104 -5 99 129 -30 Courtyard By Marriott Indianapolis South 114 124 107 17 124 122 2 Fairfield Inn By Marriott Indianapolis Northwest 114 89 106 -17 114 123 -9 Econo Lodge East 113 43 79 -36 107 147 -40 Best Western South 112 79 90 -11 119 133 -14 Quality Inn Indianapolis 112 90 105 -15 110 120 -10 Towneplace Suites By Marriott Indianapolis Northwest 112 119 107 12 119 118 1 Fairfield Inn And Suites By Marriott Indianapolis East 110 104 104 0 104 115 -11 La Quinta Inn Indianapolis North At Pyramids 110 66 106 -40 71 113 -42 Baymont Inn and Suites Indianapolis 109 134 100 34 149 118 31 Clarion Hotel Waterfront Plaza 109 80 102 -22 90 116 -26 Comfort Suites Indianapolis 108 81 104 -23 82 111 -29 Holiday Inn Express Indianapolis-i65s-dwtn, In 108 94 96 -2 140 119 21 La Quinta Indianapolis Airport 108 89 93 -4 95 122 -27 Comfort Inn & Suites 107 126 100 26 126 114 12 Wingate Inn - Indianapolis Northwest 107 124 103 21 124 111 13 Best Western Country Suites 106 94 103 -9 94 110 -16 Signature Inn Indianapolis South 106 150 94 56 150 117 33 Country Inn And Suites By Carlson Indianapolis -south 104 76 92 -16 104 115 -11 Red Carpet Inn Indianapolis 103 65 97 -32 75 109 -34 Comfort Inn East 100 90 96 -6 90 104 -14 Drury Inn Indianapolis 100 80 82 -2 114 117 -3 Jameson Inn Indy West 100 106 90 16 106 109 -3 Quality Inn & Suites 100 80 94 -14 80 105 -25 Best Western Castleton Inn 98 75 83 -8 100 112 -12 Comfort Inn & Suites North At The Pyramids 98 80 76 4 90 119 -29 Country Inn & Suites By Carlson, Indianapolis Ne At I-69 98 na 92 na na 105 na Value Place Lawrence 98 24 89 -65 31 107 -76 Sleep Inn Indianapolis 97 70 93 -23 70 101 -31 Marten House Hotel And Lilly C 96 94 91 3 129 102 27 Days Inn 95 70 91 -21 70 99 -29 Best Western Crossroads 94 90 88 2 94 100 -6 Fairfield Inn By Marriott Indianapolis South 93 84 84 0 119 102 17 Americas Best Inns-Indianapolis 91 50 90 -40 50 92 -42 Indianapolis Days Inn & Suites Castleton 91 60 75 -15 90 107 -17 La Quinta Inn Indianapolis East-post Drive 91 72 80 -8 105 102 3 Indianapolis - Days Inn Downtown 88 79 84 -5 89 93 -4 Quality Inn Indianapolis 88 66 79 -13 66 96 -30 Indianapolis-days Inn Airport 87 77 87 -10 77 87 -10 Indianapolis/ne/castleton Area 85 59 68 -9 89 102 -13 Ramada Limited Indianapolis 84 99 70 29 99 97 2 Grand View Inn 83 62 72 -10 79 94 -15 Ramada Inn Indianapolis 83 75 78 -3 75 88 -13 Indianapolis South Knights Inn 77 50 56 -6 100 98 2 Super 8 Motel Indianapolis College Park Area In 76 60 74 -14 60 77 -17 South Indianapolis Travelodge 74 50 57 -7 90 90 0 Super 8 Motel - Indianapolis/emerson Ave. 72 55 68 -13 60 76 -16 Indianapolis, In Days Inn 68 55 67 -12 55 68 -13 Indianapolis-days Inn East 68 64 64 0 117 72 45 Red Roof Inn Indianapolis South 67 50 64 -14 60 70 -10 Indianapolis Travelodge 63 67 61 6 70 65 5 Red Roof Inn Indianapolis Northeast 62 na 57 na na 67 na Red Roof Inn Indianapolis North 59 57 56 1 62 62 0 Indianapolis East Knights Inn 46 50 46 4 50 47 3

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 Indianapolis, Indiana 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 Indianapolis, IN. 

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 Indianapolis, IN.  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 Indianapolis, Indiana hotels is based on the average rates of 170 hotels within Indianapolis and adjacent towns forming the Indianapolis, IN 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 - Comfort Inn East
Highest Average Room Rate:  $298 - Marriott Indianapolis Downtown

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 Indianapolis, IN MSA hotels is $114 and the standard deviation is $37.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $152, so Indianapolis hotels with an average rate higher than $152 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 $57, so Indianapolis hotels with an average rate lower than $57 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Indianapolis hotels with average room rates greater the $57 and less that $152 are classified as moderate priced hotels ( cyan ) on the map.