Hilton Worldwide average daily rate 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.

Average daily rate of Hilton Worldwide Holdings hotels from 2012 to 2023 (in U.S. dollars)

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Release date

February 2024

More information

Region

Worldwide

Survey time period

2012 to 2023

Special properties

fiscal year ended December 31 of each year.

Supplementary notes

*On January 3, 2017, Hilton Worldwide completed the spin-offs of a portfolio of hotels and resorts, as well as timeshare business, into two independent, publicly traded companies: Park Hotels & Resorts Inc. ("Park") and Hilton Grand Vacations Inc. ("HGV"), respectively, (the"spin-offs").

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