Hotel Price Categories for Lebanon, 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 Lebanon, IN was performed on September 09, 2008.  The analysis is based on the average room rates for 176 hotels within Lebanon, IN 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.

Automated Rate Analysis for Lebanon, Indiana Hotels

Lees Inn Lebanon          Info   Rate History   Map
1245 West State Road 32
Lebanon, IN 46052

Rate Analysis	Low	High
Running Average Rates :	$80	$126
Observed Rates :	$58	$130

The observed low rate is 27% below the average low rate.
The observed high rate is 3% above the average high rate.

Super 8 Motel - Lebanon          Info   Rate History   Map
405 N. Mount Zion Road (I-65 exit 140)
Lebanon, IN 46052

Rate Analysis	Low	High
Running Average Rates :	$77	$82
Observed Rates :	$57	$59

The observed low rate is 26% below the average low rate.
The observed high rate is 28% below the average high rate.

Comfort Inn Lebanon          Info   Rate History   Map
210 Sam Ralston Rd.
Lebanon, IN 46052

Rate Analysis	Low	High
Running Average Rates :	$101	$119
Observed Rates :	$90	$90

The observed low rate is 11% below the average low rate.
The observed high rate is 24% below the average high rate.

Days Inn Lebanon          Info   Rate History   Map
1280 West State Route 32
Lebanon, IN 46052

Rate Analysis	Low	High
Running Average Rates :	$60	$64
Observed Rates :	$54	$57

The observed low rate is 10% below the average low rate.
The observed high rate is 11% below the average high rate.

Holiday Inn Express Lebanon, In          Info   Rate History   Map
335 N. Mt. Zion Rd.
Lebanon, IN 46052

Rate Analysis	Low	High
Running Average Rates :	$88	$115
Observed Rates :	$145	$180

The observed low rate is 65% above the average low rate.
The observed high rate is 57% above the average high rate.

Hotel Rate Table for Lebanon, Indiana

The table below shows Lebanon, Indiana hotels listed from the highest average rate to the lowest average rate (Avg Rate column).  The table may be sorted on any column by clicking the column headers. 

The hotels are 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 for each hotel.  The "High Dif" column shows the difference between the current high rate and the average high rate for each hotel.  Enter your arrival and departure dates and click "Update Rates" to get rates for specific dates.  Click on the hotel names to see all avaiable 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 Lebanon, Indiana Hotels Enter your arrival and departure dates and click Update Rates. Estimated processing time : 10 seconds    Arrival Date                   Departure Date Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31             Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31                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 Comfort Inn Lebanon 110 90 101 -11 90 119 -29 Lees Inn Lebanon 103 58 80 -22 130 126 4 Holiday Inn Express Lebanon, In 102 145 88 57 180 115 65 Super 8 Motel - Lebanon 80 57 77 -20 59 82 -23 Days Inn Lebanon 62 54 60 -6 57 64 -7

Discount Hotels Page

After updating the rate table, check to see if any new hotels are listed on the Discount Rates Page.

Hotel Rate Analysis and Classification Details

The September 09, 2008 rate analysis for Lebanon, Indiana hotels is based on the average rates of 176 hotels within Lebanon, IN 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:  $45 - Indianapolis East Knights Inn
Highest Average Room Rate:  $201 - Holiday Inn Select Indianapolis-north (at The Pyr

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 September 09, 2008 analysis, the resulting mean room rate for Indianapolis, IN MSA hotels is $116 and the standard deviation is $35.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $151, so Lebanon hotels with an average rate higher than $151 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 $80, so Lebanon hotels with an average rate lower than $80 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Lebanon hotels with average room rates greater the $80 and less that $151 are classified as moderate priced hotels ( cyan ) on the map.