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 ?
Both Gulf cities reported double digit rises in revenue per available room (RevPAR) for the year while they also posted the biggest increases in average daily rates (ADR) in the Middle East and Africa region.
However, average daily rates (ADR) across the kingdom continued to drop.
New Orleans-area hotels saw drops in occupancy, average daily rates and revenue per room in December compared to the same month in 2017.
Schedule of market fee, commission and daily rates were displayed at prominent places in model markets.
Schedule of market fee, commission and daily rates is be displaying at prominent places in model markets.
But average daily rates decreased 11.8 per cent from $101 in May 2017 to $89 in May 2018.
For the head of the World Tamil Coordinating Committee (WTCC), which was considered an offshoot of the Tamil Tigers in Switzerland, she demanded an unconditional imprisonment of 5 years and a fine of 180 daily rates of 80 francs.
While Middle East hotels' occupancy rates in October rose an annualized 3.3 percent to 64.9 percent, average daily rates (ADR) however fell 4 percent to $163.27 and revenue per available room (RevPAR) slipped 0.8 percent to $106.04.
Dubai: Hotels in Dubai continued to post declines in occupancy and average daily rates in April, according to a report from research firm STR Global.
Year to date average daily rates are $74.02 and with occupancies averaging 59.8, STR, formerly Smith Travel Research, reports.
Europe's growing economy and the rising influx of tourists could strengthen the credit quality of European hotel companies, as the resulting boost to occupancy and average daily rates looks set to push margins beyond pre-crisis levels, Moody's Investors Service said in a report.
A short-term rate surge in October had some shipowners and shipbrokers believing good times were returning, but the up-tick in daily rates seems to have been a temporary event.