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Total Room Revenue divided by No of Rooms Sold
Wiki User
∙ 11y ago
Wiki User
∙ 11y agototal room revenue divided by total no of rooms sold
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Before computers and electronic displays were up, and before the hotel industry talked about revenue management, hotels were operating with only one rate. Hotels used to print their house rates on brochures which are then placed on a brochure rack. These rates are usually the highest, as innkeeper's friends will have gotten a discount off the usual rates. Thus, if a guest checks-in without any prior reservation, he will be shown the rate on the brochure on the rack (i.e. not a preferential rate). Thus the advent of the term "Rack Rate"
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Average rate per pax
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ARP means the average rate per pax.
What do you mean by ARR in hotel industry?
Average Room Rate also means arrival time.
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The average rate for a hotel in Perth is $154. This is a good 21% more than the national Australian average for hotels.
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The average price for a single occupancy hotel room at the Westin in Dublin is 165 Euro.
What is the average room rate at a Brighton Hotel?
Hotel Brighton in Paris, France offers you luxury with amazing views of the Paris skyline. The Average room rate is about 300 euro a night; that converts to about $388 a night.
