CorePoint Lodging (CorePoint Lodging) Average Daily Rate (USD) : 98.62 (As of Sep. 2021)

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What is CorePoint Lodging Average Daily Rate (USD)?

Average Daily Rate (USD) is a metric widely used in the hospitality industry to indicate the average revenue earned for an occupied room on a given day. Higher ADR is better. However, it does not tell the complete story about a hotel’s revenue.

CorePoint Lodging's Average Daily Rate (USD) for the quarter that ended in Sep. 2021 was 98.62 , which higher from pervious quarter (Jun. 2021)'s result by 5.52%.

CorePoint Lodging's Average Daily Rate (USD) for the annual that ended in Dec. 2020 was 76.73 , which lower from pervious year (Dec. 2019)'s result by 14.55%.

The historical rank and industry rank for CorePoint Lodging's Average Daily Rate (USD) or its related term are showing as below:

CPLG's Average Daily Rate (USD) is not ranked ^*
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Average Daily Rate (USD) only.

CorePoint Lodging Average Daily Rate (USD) Historical Data

The historical data trend for CorePoint Lodging's Average Daily Rate (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CorePoint Lodging Average Daily Rate (USD) Chart

CorePoint Lodging Annual Data

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Revenue per Available Room (USD)

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CorePoint LodgingQuarterly Data

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Average Daily Rate (USD)

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Revenue per Available Room (USD)

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Competitive Comparison of CorePoint Lodging's Average Daily Rate (USD)

For the REIT - Hotel & Motel subindustry, CorePoint Lodging's Average Daily Rate (USD), along with its competitors' market caps and Average Daily Rate (USD) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CorePoint Lodging (NYSE:CPLG) Average Daily Rate (USD) Calculation

Average Daily Rate (USD) is calculated as

Average Daily Rate (USD)

Average Rooms Revenue Earned

Number of Rooms Sold

CorePoint Lodging (NYSE:CPLG) Average Daily Rate (USD) Explanation

Average Daily Rate (USD) is a key performance indicator widely used in the hospitality industry to indicate the average revenue earned for an occupied room on a given day.

Average Daily Rate (USD) is calculated by taking the average revenue earned from rooms and dividing it by the number of rooms sold, excluding complimentary rooms and rooms occupied by staff. A rising ADR suggests that a hotel is increasing the money it's making from renting out rooms. The ADR can be compared against its historical values to get the trends and determine the hotel’s performance.

However, The ADR does not tell the complete story about a hotel’s revenue, as it does not subtract charges such as commissions and rebates. It’s usually combined with Revenue per Available Room (USD) and Average Occupancy Rate % to measure the operating performance of a hotel.

CorePoint Lodging Average Daily Rate (USD) Related Terms

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CorePoint Lodging (CorePoint Lodging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CorePoint Lodging Inc (NYSE:CPLG) » Definitions » Average Daily Rate (USD)

Comparable Companies

SGX:ACV INN SGX:J85 CLDT TSE:3287 HKSE:01881 WRMK TSE:3478 BHR SVC

Traded in Other Exchanges

N/A

Address

125 E. John Carpenter Freeway, Suite 1650, Irving, TX, USA, 75062

Website

https://www.corepoint.com

CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.

Executives

Jean Birch	director	3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Alice E Gould	director	C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Blackstone Holdings Ii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Steven Garfield	officer: SVP, CAO & Treasurer	15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Blackstone Real Estate Associates V L.p.	10 percent owner	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Bre/lqjv-nq L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
David Loeb	director	C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Yao (rob) Song	officer: SVP & Chief Investment Officer	125 E. JOHN CARPENTER FREEWAY SUITE 1650 IRVING TX 75062
Blackstone Real Estate Partners Iv Te 2 Lp	10 percent owner	345 PARK AVE NEW YORK NY 10154
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Bre/prime Mezz 2 L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Blackstone Real Estate Partners Iv L.p.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Mezz 3-a L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Holdings L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Wih Hotels L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154