Hotel Industry

  • 2 Posts
  • 1 Sections
  • 1 Types
August 24, 2024 3 min read Definitions
Average Daily Rate (ADR): Definition, Calculation Methods, and Practical Examples
Hospitality Economics Finance ADR Hospitality Metrics Revenue Management Hotel Industry Room Rates
Comprehensive guide to understanding Average Daily Rate (ADR), a key metric in the hospitality industry. Learn its definition, calculation methods, practical examples, and its importance.
Read more about Average Daily Rate (ADR): Definition, Calculation Methods, and Practical Examples.
August 24, 2024 4 min read Definitions
Opaque Pricing: Definition, Benefits, and Types
Economics Business Pricing Strategies Travel Industry Hotel Industry Discount Pricing Economic Strategies
Learn about opaque pricing, a strategic pricing method used by companies to sell merchandise at hidden (lower) prices, particularly in the travel and hotel industry. Discover its meaning, benefits, various types, and how it applies in real-world scenarios.
Read more about Opaque Pricing: Definition, Benefits, and Types.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.