TripAdvisor Introduces “Top Values” Index

TripAdvisor has introduced its “Top Values” Index, an easy way to sort the most popular hotels around the world to quickly find the hotels that are great values.

To identify excellent value hotels, TripAdvisor constructed a proprietary algorithm that analyzes the relationship between a hotel’s quality and price –quality as determined by input from real travelers on TripAdvisor as well as third party content, such as star ratings.

TripAdvisor then showcases these properties as “Top Values,” which are, on average, $101 per night or 31 percent less expensive than all hotels listed on TripAdvisor. “Top Values” are updated daily to reflect the most recent prices and quality ratings.

Examples of “Top Values” are: Boston, Hilton Boston Logan Airport, in the top 20 percent of hotels in Boston with an average nightly rate of $236, compared to average of all top 20 percent of $424; Chicago, InterContinental Chicago (Five-Star Find), in the top 15 percent of hotels in Chicago with an average nightly rate of $271, compared to average of all top 15 percent of $346; and Houston, Hilton Garden Inn Houston Galleria, in the top 5 percent of hotels in Houston with an average nightly rate of $132, compared to average of all top 5 percent of $226.