Average Daily Rate Average Length of Stay Market Research 
SiteMinder
DECEMBER 4, 2023
Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. Hotel occupancy will increase 2.5%
SiteMinder
JUNE 12, 2024
This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR). Each channel has its own cost and reach, affecting the overall revenue.
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