Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI
AltexSoft
JUNE 21, 2023
Navigating the increasingly competitive hospitality sector landscape demands a thorough grasp of the vital performance indicators that display profitability. We also investigate predicting ADR through machine learning and strategies to enhance this KPI. ADR , in the hospitality industry, stands for the average daily rate.
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