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Tag: Marriott Case Study

Hotelier balancing scales displaying gold coins and room keys to represent the calculation of Average Daily Rate (ADR)

Understanding the Average Daily Rate (ADR): A Key Performance Indicator for Hoteliers

April 7, 2024 FinanceFacts101 Business Strategy

What is the Average Daily Rate (ADR)? The average daily rate (ADR) is an essential metric that indicates the average rental income for a lodging property per occupied room each day. It represents one of the key performance indicators (KPI) in the hotel and hospitality industry. The ADR, when combined

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