Author: THLA Staff
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What is Occupancy Rate?
January, 15 2018Occupancy rate is the ratio of rented or used space for the total amount of available space. The metric is expressed as a percentage and is often used when determining… Read more »
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What is Average Daily Rate (ADR)?
January, 15 2018Average Daily Rate (ADR) is a commonly used financial indicator in the hotel industry to measure your hotel’s statistical performance compared to your competitor’s and to measure your hotel to… Read more »