Welcome to I-Maps Hotel Locator

Find low hotel rates in Richmond, IN using the rate comparison tools below. Compare current rates to the rate history of each hotel to identify below average rates.

Top Discounts List: See the best deals in Richmond, IN found by automated rate analysis. Enter specific dates for real time results. Verify results against rate history graphs for each hotel. go to discounts...

Locator Map: Zoom in to reduce your analysis to a specific area of Richmond. The Map's hotel list uses the format shown on the right. Annual average rates are shown in small text above the current rates. Check the difference to identify low rates. more info...

Interactive Rate Table: For a comprehensive view of all Richmond hotels, use the Rate Table to compare each hotel's current rates and annual average rates. Sort the table by any column. go to rate table...

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Richmond, IN Hotel Rates

Hotel Price Categories for Rural Indiana 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 Richmond, IN is a small town in rural Indiana, it's rate classification is based on 128 hotels in rural Indiana that are oustide the metropolitan areas. The latest rate analysis for rural Indiana hotels was performed on April 28, 2008. The current classification breaks based on this analysis are as follows:

Deluxe Hotels (Magenta) :
Moderate Hotels (Cyan) :
Budget Hotels (Green) :

average room rate > $117
average room rate is $71 to $117
average room rate < $71

See Hotel Rate Analysis and Classification Details below for a detailed explanation of the classification price breaks.

Discount Rate Analysis for Richmond, Indiana Hotels

This analysis calculates the difference between the current rates and average rates for each hotel in Richmond, Indiana. The hotels are then listed in order starting with the best difference first. Up to ten hotels may be listed. The first five hotels show the best difference in the low rates, while the last five are the best of the high or low rates. For further discretion, view the rate graphs for each hotel through the "Rate History" links. Click "Update Rates" for the most current postings.

Today's Top Discounts

Rates captured: 12:00 AM on 7/25/08
Click Update Rates to get up-to-the-minute rates!

Enter your dates in the Reservation Dates form above and then click the Update Rates button.
The rate analysis routine will step through the rate table and then post the new results here.

Lees Inn and Suites Richmond Info Photos Rate-history Map
6030 National Road East
Richmond, IN 47374

Rate Analysis	Low	High
Running Average Rate :	$86	$92
Rates observed on 7/25/08:	$80	$80

The observed low rate is 7% below the average low rate.
The observed high rate is 13% below the average high rate.

Holiday Inn Richmond, In Info Photos Rate-history Map
5501 National Rd. E.
Richmond, IN 47374

Rate Analysis	Low	High
Running Average Rate :	$96	$122
Rates observed on 7/25/08:	$91	$106

The observed low rate is 5% below the average low rate.
The observed high rate is 13% below the average high rate.

Comfort Inn Richmond Info Photos Rate-history Map
912 Mendelson Dr.
Richmond, IN 47374-1232

Rate Analysis	Low	High
Running Average Rate :	$78	$85
Rates observed on 7/25/08:	$75	$80

The observed low rate is 4% below the average low rate.
The observed high rate is 6% below the average high rate.

Richmond Super 8 Motel Info Photos Rate-history Map
2525 Chester Blvd.
Richmond, IN 47374

Rate Analysis	Low	High
Running Average Rate :	$48	$60
Rates observed on 7/25/08:	$47	$57

The observed low rate is 2% below the average low rate.
The observed high rate is 5% below the average high rate.

Best Western Classic Inn Info Photos Rate-history Map
533 W Eaton Pike
Richmond, IN 47374-2641

Rate Analysis	Low	High
Running Average Rate :	$77	$125
Rates observed on 7/25/08:	$85	$121

The observed low rate is 10% above the average low rate.
The observed high rate is 3% below the average high rate.

For more analysis results, see the Discount Rates Page after you have updated the rate table.

Hotel Rate Table for Richmond, Indiana

The table below shows Richmond, 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 dates in the "Reservation Dates" form above and click "Update Rates" for the most current rates. 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 Richmond, Indiana 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
Holiday Inn Richmond, In	109	91	96	-5	106	122	-16
Best Western Classic Inn	101	85	77	8	121	125	-4
Lees Inn And Suites Richmond	89	80	86	-6	80	92	-12
Comfort Inn Richmond	82	75	78	-3	80	85	-5
Richmond Days Inn	62	70	60	10	70	63	7
Knights Inn Richmond	59	66	56	10	66	62	4
Richmond Super 8 Motel	54	47	48	-1	57	60	-3

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 April 28, 2008 rate analysis for Richmond, Indiana hotels is based on the average room rates of 128 hotels in rural Indiana 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: $50 - Columbus Travelodge
Highest Average Room Rate: $160 - Renaissance Gallery And Tower

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 Indiana hotels is $91 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 $117, so Richmond hotels with an average rate higher than $117 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 $71, so Richmond hotels with an average rate lower than $71 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Richmond hotels with average room rates greater the $71 and less that $117 are classified as moderate priced hotels ( cyan ) on the map.