GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterContinental Hotels Group PLC (FRA:IC1B) » Definitions » Average Daily Rate (USD)

InterContinental Hotels Group (FRA:IC1B) Average Daily Rate (USD) : 0.00 (As of . 20)


View and export this data going back to 2014. Start your Free Trial

What is InterContinental Hotels Group 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 InterContinental Hotels Group's Average Daily Rate (USD) or its related term are showing as below:

FRA:IC1B's Average Daily Rate (USD) is not ranked *
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Average Daily Rate (USD) only.

InterContinental Hotels Group Average Daily Rate (USD) Historical Data

The historical data trend for InterContinental Hotels Group'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.

* Premium members only.

InterContinental Hotels Group Average Daily Rate (USD) Chart



InterContinental Hotels Group  (FRA:IC1B) 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.


InterContinental Hotels Group  (FRA:IC1B) 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.


InterContinental Hotels Group Average Daily Rate (USD) Related Terms

Thank you for viewing the detailed overview of InterContinental Hotels Group's Average Daily Rate (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.


InterContinental Hotels Group (FRA:IC1B) Business Description

Traded in Other Exchanges
Address
1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS
InterContinental Hotels Group operates 930,000 rooms across 18 brands addressing the midscale through luxury segments, as of Sept. 30, 2023. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in summer 2017 and closed on a 51% stake in Regent Hotels in July 2018. It acquired Six Senses in February 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Sept. 30, 2023, the Americas represents 56% of total rooms, with greater China accounting for 18%; Europe, Asia, the Middle East, and Africa make up 26%.

InterContinental Hotels Group (FRA:IC1B) Headlines

No Headlines