Average Daily Rate Calculator

Formula

The formula to calculate the Average Daily Rate (ADR) is:

$ADR = \frac{R}{RS}$

Where:

ADR: An acronym for Average Daily Rate, which describes the cost of a room at a hotel per day, on average.
Significance: Used to assess the financial performance of hotels and other lodging services.

Let's say the total revenue for the day (R) is $5000 and the number of rooms sold (RS) is 50. Using the formula:

$ADR = \frac{5000}{50} = 100$

So, the Average Daily Rate (ADR) is $100 per room.

Extended information about "Average-Daily-Rate-Calculator"

Definition: The average daily rate (ADR) is a measure of the average income earned per paid occupied room per day.

Formula: $\text{ADR} = \frac{\text{Total Room Revenue}}{\text{Number of Rooms Sold}}$

Example: $\text{ADR} = \frac{5000}{50}$

Definition: The daily rate is the amount earned or paid per day.

Formula: $\text{Daily Rate} = \frac{\text{Total Amount}}{\text{Number of Days}}$

Example: $\text{Daily Rate} = \frac{3000}{30}$

Definition: The daily percentage rate is the interest rate charged or earned per day.

Formula: $\text{Daily Percentage Rate} = \frac{\text{Annual Percentage Rate}}{365}$

Example: $\text{Daily Percentage Rate} = \frac{5}{365}$

Definition: The daily rate can be calculated from an annual salary.

Formula: $\text{Daily Rate} = \frac{\text{Annual Salary}}{365}$

Example: $\text{Daily Rate} = \frac{50000}{365}$

Definition: The daily rate can be calculated from an annual rate.

Formula: $\text{Daily Rate} = \frac{\text{Annual Rate}}{365}$

Example: $\text{Daily Rate} = \frac{12}{365}$