Hospitality Finance: What is ADR? How is it calculated? Which financial ratios are the most important to the hospitality organization?
1.) What is ADR? How is ADR calculated? Why is ADR important in the hospitality industry? Please explain answer. 2.) Which of the following financial ratios, occupancy, room sales to total sales, profit margin, or average daily rate (ADR), is the most important to a hospitality organization? Why?