Hotel Price Categories for Mount Laurel, New Jersey

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 Mount Laurel, NJ was performed on April 28, 2008.  The analysis is based on the average room rates for 187 hotels within Mount Laurel, NJ and adjacent towns forming the Philadelphia, PA-NJ 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.

Discount Rate Analysis for Mount Laurel, New Jersey Hotels

Hyatt Place Mt. Laurel          Info   Photos   Rate-history   Map
8000 Crawford Place
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$119	$119
Rates observed on 7/9/08:	$99	$99

The observed low rate is 17% below the average low rate.
The observed high rate is 17% below the average high rate.

Rodeway Inn Mount Laurel          Info   Photos   Rate-history   Map
1132 Route 73
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$69	$79
Rates observed on 7/9/08:	$62	$79

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

Super 8 Motel - Mt. Laurel          Info   Photos   Rate-history   Map
554 Fellowship Road
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$60	$69
Rates observed on 7/9/08:	$54	$80

The observed low rate is 10% below the average low rate.
The observed high rate is 16% above the average high rate.

Courtyard By Marriott Mount Laurel          Info   Photos   Rate-history   Map
1000 Century Parkway
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$120	$162
Rates observed on 7/9/08:	$109	$169

The observed low rate is 9% below the average low rate.
The observed high rate is 4% above the average high rate.

Wingate by Wyndham Mt. Laurel          Info   Photos   Rate-history   Map
5000 Clover Road
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$122	$142
Rates observed on 7/9/08:	$116	$159

The observed low rate is 5% below the average low rate.
The observed high rate is 12% above the average high rate.

Staybridge Suites Philadelphia-Mt. Laurel          Info   Photos   Rate-history   Map
4115 CHURCH ROAD
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$154	$192
Rates observed on 7/9/08:	$162	$180

The observed low rate is 5% above the average low rate.
The observed high rate is 6% below the average high rate.

Towneplace Suites By Marriott Mount Laurel          Info   Photos   Rate-history   Map
450 Century Parkway
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$126	$142
Rates observed on 7/9/08:	$129	$139

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

Candlewood Suites Philadelphia, Mt. Laurel, Nj          Info   Photos   Rate-history   Map
4000 CRAWFORD PLACE
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$100	$130
Rates observed on 7/9/08:	$100	$130

The observed low rate is equal to the average low rate.
The observed high rate is equal to the average high rate.

Staybridge Suites Philadelphia-Mt. Laurel          Info   Photos   Rate-history   Map
4115 CHURCH ROAD
Mount Laurel, NJ 08054

Rate Analysis	Low	High
Running Average Rate :	$154	$192
Rates observed on 7/9/08:	$162	$180

The observed low rate is 5% above the average low rate.
The observed high rate is 6% below the average high rate.

Hotel Rate Table for Mount Laurel, New Jersey

The table below shows Mount Laurel, New Jersey 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 Mount Laurel, New Jersey Hotels                Averages calculated:  April 28, 2008        Rates captured:  12:00 AM on 7/9/08 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 The Westin Mount Laurel - Opening November 30, 200 222 179 169 10 279 275 4 Marriott Mount Laurel 184 209 169 40 209 199 10 Staybridge Suites Philadelphia-mt. Laurel 173 162 154 8 180 192 -12 Residence Inn By Marriott Mount Laurel At Bishop's 168 186 123 63 219 212 7 Comfort Inn & Suites 147 130 116 14 225 178 47 Wyndham Hotel Mt. Laurel/cherry Hill 146 149 128 21 189 165 24 Courtyard By Marriott Mount Laurel 141 109 120 -11 169 162 7 Fairfield Inn And Suites By Marriott Mt Laurel 140 118 107 11 187 174 13 Hyatt Summerfield Mt Laurel 138 169 114 55 239 161 78 Towneplace Suites By Marriott Mount Laurel 134 129 126 3 139 142 -3 Wingate By Wyndham Mt. Laurel 132 116 122 -6 159 142 17 Hyatt Place Mt. Laurel 119 99 119 -20 99 119 -20 Candlewood Suites Philadelphia, Mt. Laurel, Nj 115 100 100 0 130 130 0 Howard Johnson Express Inn - Mount Laurel 74 89 73 16 89 74 15 Rodeway Inn Mount Laurel 74 62 69 -7 79 79 0 Red Roof Inn Mount Laurel 72 68 68 0 80 76 4 Super 8 Motel - Mt. Laurel 64 54 60 -6 80 69 11

Discount Hotels Page

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Hotel Rate Analysis and Classification Details

The April 28, 2008 rate analysis for Mount Laurel, New Jersey hotels is based on the average rates of 187 hotels within Mount Laurel and adjacent towns forming the Philadelphia, PA-NJ 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:  $63 - Passport Inn Wrightstown
Highest Average Room Rate:  $300 - Marriott Execustay At The Windsor

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 Philadelphia, PA-NJ MSA hotels is $147 and the standard deviation is $52.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $199, so Mount Laurel hotels with an average rate higher than $199 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 $105, so Mount Laurel hotels with an average rate lower than $105 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Mount Laurel hotels with average room rates greater the $105 and less that $199 are classified as moderate priced hotels ( cyan ) on the map.