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Average Daily Rate

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Average Daily Rate
The amount that a hotel or motel charges for a room each night on average over a period of time. The average daily rate is calculated by adding the amount charged each day over a period and dividing by the number of days in that period. See also: Revenue per Available Room.
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The average daily rate edged upward about a buck from July to $285.
Hotel Occupancy Rates Soar in August by Chris Shott / The New York Observer
The average daily rate for hotels during the 2004-2005 season was US$186.
Moderate drop in hotel occupancy by Caribbean Update
9% Average Daily Rate 2003 2004 Forecast 2005 Forecast New England and Middle Atlantic Cities All Hotels $ 126.
Major U.S. hotel markets by Quarterly Trends in the Hotel Industry (USA)
 
 
 
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