Average daily rate of Hilton Worldwide Holdings hotels 2012-2023
Leading hotel chain Hilton Worldwide Holdings Inc. accounted for an average daily rate of 158.62 U.S. dollars in 2023. This figure shows an increase from the previous year’s rate of 151.01 U.S. dollars. The company's ADR reached a new peak in 2023.
Average daily rate (ADR)
The average daily rate (ADR) reflects the average price that guests pay per room in a hotel. ADR is one the key performance indicators (KPIs) used to measure a hotel’s performance, along with occupancy rate and revenue per available room (RevPAR). In 2023, Hilton Worldwide Holdings Inc. had a revenue per available room (RevPAR) of 113.9 U.S. dollars.
Trends in ADR
Daily rates in the hospitality sector change throughout the year. One of the key factors affecting ADR is the occupancy rate, which varies depending on the season. For example, in the United States, where most Hilton Worldwide Holdings Inc. hotels are located, rooms are occupied more frequently in summer months compared to winter months.