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.
*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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Hilton. (February 7, 2024). Average daily rate of Hilton Worldwide Holdings hotels from 2012 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/297768/average-daily-rate-in-hilton-worldwide-holdings-inc-hotels/
Hilton. "Average daily rate of Hilton Worldwide Holdings hotels from 2012 to 2023 (in U.S. dollars)." Chart. February 7, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/297768/average-daily-rate-in-hilton-worldwide-holdings-inc-hotels/
Hilton. (2024). Average daily rate of Hilton Worldwide Holdings hotels from 2012 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/297768/average-daily-rate-in-hilton-worldwide-holdings-inc-hotels/
Hilton. "Average Daily Rate of Hilton Worldwide Holdings Hotels from 2012 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/297768/average-daily-rate-in-hilton-worldwide-holdings-inc-hotels/
Hilton, Average daily rate of Hilton Worldwide Holdings hotels from 2012 to 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/297768/average-daily-rate-in-hilton-worldwide-holdings-inc-hotels/ (last visited August 24, 2024)
Average daily rate of Hilton Worldwide Holdings hotels from 2012 to 2023 (in U.S. dollars) [Graph], Hilton, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/297768/average-daily-rate-in-hilton-worldwide-holdings-inc-hotels/