|Definition||:||Average Room Rate|
|Category||:||Business » Business Terms|
What does ARR mean?
Average Room Rate (ARR) is the total room revenue divided by the number of rooms occupied for a given period. Hotels use this measure to calculate the average price at which they are booking hotels each night. So, if a hotel made $70,000 and sold 100 rooms, its ARR would be 70000 / 100 = $700.
|Sort By:||Popularity||Alphabetically||Filter by:||Country/Region:||Category:|
||ARR||Accounting Rate of Return|
||ARR||Absolute Risk Reduction|
||ARR||Allah Rakha Rahman|
Frequently Asked Questions (FAQ)
What is the full form of ARR in Hotels & Resorts?
The full form of ARR is Average Room Rate