Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI
Altexsoft
JUNE 21, 2023
In this article, we delve into the ADR concept, explain its formula, and shed some light on its advantages and drawbacks. We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Learn more about occupancy rate prediction in our dedicated article. What is ADR?
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