Traditional Culture Encyclopedia - Hotel reservation - What does hotel adr mean?
What does hotel adr mean?
Formula: ADR= room revenue/actual number of rooms sold.
*ADR alternative indicator: APR (average published interest rate), that is, average quotation. When the relevant information of ADR is not provided in the hotel census report or annual report, the quotation can be used as a reference to calculate the approximate ADR (average house price).
Related terms:
1、OCC
OCC, the full name of occupancy rate, is translated as occupancy rate, which refers to the ratio of the number of rooms actually sold to the number of rooms that can be sold in a specific period.
Formula expression: OOC= number of rooms actually sold/number of houses available for sale.
2. Online Travel Agency
OTA, the full name of Online Travel Agency, translated into online travel agency, is a professional term in the tourism e-commerce industry. It means that tourism consumers book tourism products or services from tourism service providers through the network and pay online or offline, that is, each tourism subject can conduct product marketing or product sales through the network.
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