Average Daily Rate


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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.
References in periodicals archive ?
INNKEEPERS USA TRUST HOTEL OPERATING RESULTS (UNAUDITED) Three Months Ended September 30, % 2006 2005 Inc (dec) PORTFOLIO(1) Average Daily Rate $114.
INNKEEPERS USA TRUST HOTEL OPERATING RESULTS (UNAUDITED) Three Months Ended June 30, June 30, % 2006 2006 2005 Inc (dec) PORTFOLIO(1) Average Daily Rate $112.
Average daily rate (ADR) accounted for the entire RevPAR gain, rising 7.
Focusing on the meetings and conventions and the travel trade, the PCVB's sales force works diligently to increase the city's hotel occupancy and average daily rate, while concurrently affecting other segments of the hospitality industry, such as attractions, the performing arts, restaurants and retail.
PricewaterhouseCoopers forecasts occupancy will rise to 76 percent in 2003, and average daily rate will rise to $199.
6% increase in average daily rate offset by a decline in occupancy to 63.
The Acom A-6 well, which is located in Chambers County, Texas, produced at an average daily rate of 109 barrels of oil during the month of March and 513 thousand cubic feet of gas during the month of February.
While demand and occupancy fell slightly in 2005, the average daily rate (ADR) for rooms increased nearly 6% over 2004 ADR.
2005 STAR Summary Report, the property had the weakest performance across occupancy, average daily rate and revenue per available room for its competitive set.
6% to $7,334,722 in the second quarter of 1997 from $6,455,342 in the second quarter of 1996 due to higher combined average daily rate and occupancy levels than in the prior year.
The Acom A-6 well, which is located in Chambers County, Texas, is currently producing oil and gas at an average daily rate of 120 barrels of oil and 460 thousand cubic feet of gas.

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