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- Average_daily_rate abstract "Average Daily Rate (commonly referred to as ADR) is a statistical unit that are often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance.ADR is one of the commonly used financial indicators in hotel industry to measure how well a hotel performs compared to its competitors and itself (year over year). It is common in the hotel industry for the ADR to gradually increase year over year bringing in more revenue. However, ADR itself is not enough to measure the performance of the hotel. One should combine ADR, occupancy and RevPAR (revenue per available room) to make a sound judgment on hotel performance. Average Daily Rate formula is rooms revenue earned divided by number of rooms that earned revenue. House use and complimentary rooms are excluded from the denominators. 'House Use' rooms or those occupied by hotel employees or management are excluded as they are not available for sale and not generating income. Complimentary rooms are excluded since they don't have an easy to calculate sale value.".
- Average_daily_rate wikiPageID "8298606".
- Average_daily_rate wikiPageRevisionID "603471917".
- Average_daily_rate hasPhotoCollection Average_daily_rate.
- Average_daily_rate subject Category:Business_economics.
- Average_daily_rate subject Category:Business_terms.
- Average_daily_rate subject Category:Hospitality_management.
- Average_daily_rate comment "Average Daily Rate (commonly referred to as ADR) is a statistical unit that are often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance.ADR is one of the commonly used financial indicators in hotel industry to measure how well a hotel performs compared to its competitors and itself (year over year).".
- Average_daily_rate label "Average daily rate".
- Average_daily_rate sameAs m.026zjcg.
- Average_daily_rate sameAs Q4828268.
- Average_daily_rate sameAs Q4828268.
- Average_daily_rate wasDerivedFrom Average_daily_rate?oldid=603471917.
- Average_daily_rate isPrimaryTopicOf Average_daily_rate.