Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI
Altexsoft
JUNE 21, 2023
We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Comparison: ADR vs Occupancy Rate vs RevPAR ADR, RevPAR, and occupancy rate are three pivotal metrics in the hotel industry, each providing unique insights into a hotel’s performance. What is ADR?
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