With the news that hotel reservations are now being accepted for the 2014 SHRM Annual Conference, I bring you my 5th annual expose of SHRM hotel costs.
I look at selected SHRM conference brochures (i.e., the ones that I still possessed) over the past 14 years to see what it would cost a person to book a single room on a per night average. Clearly, prices in 2001 will be different than in 2014, so I use an inflation calculator to adjust costs to today's dollars. So, how does the 2014 Conference in Orlando compare to years past?
Cost of an Average SHRM-Affiliated Hotel (per night)
San Francisco (2001): $262.71 (standard deviation of $57.92)
Chicago (2008): $262.19 (sd of $30.18)
Chicago (2013): 248.49 (sd of 20.58)
San Diego (2010): $250.22 (sd of $43.07)
Washington DC (2006): $238.34 (sd of $40.95)
Philadelphia (2002): $223.02 (sd of $559.63)
San Diego (2005): $210.37 (sd of $51.29)
Atlanta (2012): $202.33 (sd of $22.57)
Las Vegas (2007): $171.69 (sd of $33.09)
Orlando(2014): $162.07 (sd of $36.07)
Las Vegas (2011): $132.56 (sd of $18.38)
On average, Orlando looks to be one of the best hotel bargains in years for SHRM attendees. Half of the hotels are below the median cost of $151.50. The first quartile is at $139, and the 3rd quartile is at $186. The lowest price hotel is at $99 with a top price of $244.
Given that the average price of a Chicago hotel was $248.49 last year with significant hotel and food taxes, SHRM14 attendees will be saving an average of $86.42 a night...more than enough to buy a ticket to Universal Orlando or Walt Disney World.
See you in Orlando