ARR

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Definition : Average Room Rate
Category : Business » Business Terms
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: Worldwide
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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.

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Frequently Asked Questions (FAQ)

What is the full form of ARR in Hotels & Resorts?

The full form of ARR is Average Room Rate

What are the full forms of ARR in Business?

Accounting Rate of Return | Average Room Rate

What are the full forms of ARR in Worldwide?

Accounting Rate of Return | Average Room Rate | Absolute Risk Reduction | Address-range Registers

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