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


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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.

InterContinental Hotels Group's Average Daily Rate (USD) for the annual that ended in Dec. 2023 was 227.00 , which lower from pervious year (Dec. 2022)'s result by 1.73%.

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

IHG'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 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Average Daily Rate (USD)
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Revenue per Available Room (USD)
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Competitive Comparison of InterContinental Hotels Group's Average Daily Rate (USD)

For the Lodging subindustry, InterContinental Hotels Group'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.

InterContinental Hotels Group  (NYSE:IHG) 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  (NYSE:IHG) 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

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InterContinental Hotels Group (InterContinental Hotels Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterContinental Hotels Group PLC (NYSE:IHG) » Definitions » Average Daily Rate (USD)
Comparable Companies
LSE:WTB LSE:PPH LSE:SSTY AQSE:THW AQSE:HYDP MAR HLT XNEP:SHL H HTHT XPAR:AC BOM:500850 SAU:4250 WH CHH BKK:MINT SAU:4100 SHSE:600754 BKK:AWC BOM:500840
Traded in Other Exchanges
ICHGF:USA IHGl:UK IHG:UK IC1B:Germany I1HG34:Brazil
Address
1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS
Website
http://www.ihgplc.com
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%.