Average daily rate (ADR) of hotels in Milan 2014-2019
From 2014 to 2019, the average daily rate (ADR) of hotels in Milan rose overall. In 2014, the ADR of hotels in this Italian city amounted to roughly 130 euros. In 2019, the ADR reached about 149 euros. Hotels in Milan registered the highest ADR in 2015 (155.6 euros). On this year, the city hosted the Milan Expo 2015, a large international exposition including 145 countries. The average daily rate is a metric used in the hotel industry to understand the average revenue of an occupied room. It is calculated by dividing the total revenues with the number of occupied rooms in a specific period of time.
