Home >  Term: average room rate
average room rate

1) Mathematical average of a series of sleeping room rates. 2) The total sleeping room revenue for a given period's occupied rooms divided by the number of rooms occupied for the same period. In this instance the average is commonly referred to as a hotel's Average Daily Rate (ADR).

0 0

Creator

  • Apxhbt
  •  (Platinum) 3658 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.