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 ?
Other highlights in January, STR Global said, included average daily rates in Jeddah which rose 14 percent to $241.
Tourism chiefs may want more hotels for the UAE - but figures released on Sunday showed hotel occupancy, average daily rates and revenues all dipped in September compared to the same month in 2011.
The discount to the Green Lot follows the move by the airport to drop the daily rates in the Blue Deck to USD10 from USD16.
hotel performance improved last week, with occupancy, average daily rates and revenue per available room all up from their levels during the same period last year, according to the latest data from Smith Travel Research.
late check-out * Package rates from $350 per night for 2 * Daily rates from $325 per night
I've gotten daily rates as cheap as $19 in small markets, but larger markets are more challenging.
Daily rates are available at $7 and $8, respectively.
As occupancy levels in the city reach an increased level of stabilization and hotel managers become more confidant, average daily rates will start to rebound, albeit at a slower pace when compared to occupancy.
This tight situation led, in recent years, to a sharp increase in rig daily rates.
Along the World's Most Famous Beach, oceanfront hotels in Daytona Beach have daily rates starting at $59 a night on DaytonaHotels.
Miami-Hialeah and New York City were two of the three top markets to see rises in average daily rates, up 9 percent and 3.