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Diamondrock Hospitality Co (FRA:HBO) Average Daily Rate (USD) : 0.00 (As of . 20)


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What is Diamondrock Hospitality Co 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.

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

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

Diamondrock Hospitality Co Average Daily Rate (USD) Historical Data

The historical data trend for Diamondrock Hospitality Co'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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Diamondrock Hospitality Co Average Daily Rate (USD) Chart


Diamondrock Hospitality Co  (FRA:HBO) Average Daily Rate (USD) Calculation

Average Daily Rate (USD) is calculated as

Average Daily Rate (USD)=Average Rooms Revenue Earned / Number of Rooms Sold

* 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.

Diamondrock Hospitality Co  (FRA:HBO) 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.

Diamondrock Hospitality Co Average Daily Rate (USD) Related Terms

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Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (FRA:HBO) » Definitions » Average Daily Rate (USD)
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Traded in Other Exchanges
DRHpA.PFD:USA DRH:USA
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Website
https://www.drhc.com
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Diamondrock Hospitality Co (FRA:HBO) Headlines

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