Statistics About The Average Daily Rate Formula

The Average Daily Rate formula is used to calculate the average price of a hotel room per night, typically including discounts, upgrades, and additional fees.

Statistic 1

"The Average Daily Rate formula (ADR) is a measure of the average rental revenue earned for an occupied room per day."

Sources Icon

Statistic 2

"The ADR formula is derived by dividing the total room revenue by the number of rooms sold."

Sources Icon

Statistic 3

"In the US, the hotel industry's ADR was 113.37 U.S. dollars in 2019."

Sources Icon

Statistic 4

"In 2020 due to Covid-19, the hotel industry's ADR fell to $103.25, the lowest in the past decade."

Sources Icon

Statistic 5

"ADR, along with RevPAR (revenue per available room) and occupancy, are the three main indicators of hotel performance."

Sources Icon

Statistic 6

"High ADR does not always mean maximum profitability, in fact, it can lead to low occupancy."

Sources Icon

Statistic 7

"Generally, luxury or upscale hotels tend to have a higher ADR than economy or midscale hotels."

Sources Icon

Statistic 8

"New York City had the highest ADR among the U.S cities at $261 in 2019."

Sources Icon

Statistic 9

"According to a survey, 78% of hoteliers consider ADR extremely important when evaluating their performance."

Sources Icon

Statistic 10

"Seasonal factors like holidays can drastically affect the ADR."

Sources Icon

Statistic 11

"External factors like the economy and increased competition can also influence ADR."

Sources Icon

Statistic 12

"By improving service quality, hotels can potentially increase their ADR."

Sources Icon

Statistic 13

"During 2019, Europe showed the highest ADR globally of 116.4 U.S. dollars."

Sources Icon

Statistic 14

"According to a report by eZee Absolute, the lengthier the guest's stay, the lower ADR tends to be."

Sources Icon

Statistic 15

"In 2020, ADR of U.S. hotels went down by 21.3% due to the implications of the Covid-19 pandemic."

Sources Icon

Statistic 16

"For Airbnb hosts, ADR is often referred to as "nightly price", with the understanding that cleaning fees, service fees, and taxes aren't included in the calculation."

Sources Icon

Statistic 17

"According to a report by Revfine, dynamic pricing strategies can significantly influence the ADR, with adjustments made based on demand and time."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!