Hotel Price Categories for Overton, Nevada

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 Overton, NV was performed on September 09, 2008.  The analysis is based on the average room rates for 215 hotels within Overton, NV and adjacent towns forming the Las Vegas, NV-AZ 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 Overton, Nevada Hotels

Best Western The North Shore Inn At Lake Mead          Info   Rate History   Map
520 North Moapa Valley Boulevard
Overton, NV 89040

Rate Analysis	Low	High
Running Average Rates :	$82	$91
Observed Rates :	$86	$132

The observed low rate is 5% above the average low rate.
The observed high rate is 45% above the average high rate.

Hotel Rate Table for Overton, Nevada

The table below shows only one hotel for Overton, Nevada, but other nearby hotels may be found by using the interactive map.

The hotel record is 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.  The "High Dif" column shows the difference between the current high rate and the average high rate.  Enter dates in the "Reservation Dates" form above and click "Update Rates" for the most current rates.  Click on the hotel name to see all available 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 Overton, Nevada Hotels Enter your arrival and departure dates and click Update Rates. Estimated processing time : 2 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 Best Western The North Shore Inn At Lake Mead 86 86 82 4 132 91 41

Hotel Rate Analysis and Classification Details

The September 09, 2008 rate analysis for Overton, Nevada hotels is based on the average rates of 215 hotels within Overton, NV and adjacent towns forming the Las Vegas, NV-AZ 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:  $39 - Harrahs Laughlin
Highest Average Room Rate:  $674 - Palms Place Hotel Condo 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 September 09, 2008 analysis, the resulting mean room rate for Las Vegas, NV-AZ MSA hotels is $154 and the standard deviation is $103.

Hotels with average rates greater than one standard deviation above the mean are categorized as deluxe.  One standard deviation above the mean is $257, so Overton hotels with an average rate higher than $257 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 $96, so Overton hotels with an average rate lower than $96 are classified as budget hotels (green ) on the map.

Everything in between is categorized as moderate priced hotels, so Overton hotels with average room rates greater the $96 and less that $257 are classified as moderate priced hotels ( cyan ) on the map.