What is adr-how is adr calculated


Problem 1.) What is ADR? How is ADR calculated? Why is ADR important in the hospitality industry? Please explain answer.

Problem 2.) Which of the following financial ratios, occupancy, room sales to total sales, profit margin, or average daily rate (ADR), is the most important to a hospitality organization? Why?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is adr-how is adr calculated
Reference No:- TGS02071712

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)