Braemar Hotels & Resorts (Braemar Hotels & Resorts) Average Daily Rate (USD) : 452.21 (As of Dec. 2023)

Braemar Hotels & Resorts Average Daily Rate (USD) Chart

Braemar Hotels & Resorts Annual Data
	Trend	Dec19	Dec20	Dec21	Dec22	Dec23
Average Daily Rate (USD)		Get a 7-Day Free Trial
Revenue per Available Room (USD)		Get a 7-Day Free Trial

Braemar Hotels & ResortsQuarterly Data
	Trend	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Average Daily Rate (USD)		Get a 7-Day Free Trial
Revenue per Available Room (USD)		Get a 7-Day Free Trial

Competitive Comparison of Braemar Hotels & Resorts's Average Daily Rate (USD)

For the REIT - Hotel & Motel subindustry, Braemar Hotels & Resorts'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.

Braemar Hotels & Resorts  (NYSE:BHR) Average Daily Rate (USD) Calculation

Average Daily Rate (USD) is calculated as

* 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.

Braemar Hotels & Resorts  (NYSE:BHR) 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.

Braemar Hotels & Resorts Average Daily Rate (USD) Related Terms

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Braemar Hotels & Resorts (Braemar Hotels & Resorts) Business Description