Short Term Rental Dictionary

short term rental

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Search for the words that you want to know about the STR market.

Average Daily Rate (ADR)

Average Daily Rate (ADR)

The average daily rate is a metric widely used in the hospitality industry to indicate the average rental income per paid occupied room in a given time period. The average daily rate is calculated by taking the average revenue earned from rooms and dividing it by the number of rooms sold.

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