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Average Daily Rate (commonly referred to as ADR) is a statistical unit that is often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance. [1]
A hotel tax or lodging tax in the United States is a tax levied by states, cities or counties against travellers when they rent accommodations (a room, rooms, entire home, or other living space) in a hotel, inn, tourist home or house, motel, or other lodging, generally unless the stay is for a period of 30 days or more.
Plainfield Avenue. Berkeley Heights is a township in Union County, in the U.S. state of New Jersey.Located on a ridge in northern-central New Jersey, Berkeley Heights is a commuter town of New York City in the New York metropolitan area, nestled within the Raritan Valley region and also bordering both Morris and Somerset counties in the Passaic Valley region.
After rising sharply through October 2023, mortgage rates have settled around 7 percent. The average rate on a 30-year mortgage was 7.01 percent as of March 27, according to Bankrate’s survey ...
In 2009, the owners had plans to demolish the motel to make way for condominia, but it was rejected by the New Jersey Department of Environmental Protection. The Oceanview was originally named the Admiral East Motel, when the Admiral West Motel (now the Admiral Resort Motel), shared the same owner.The motel was purchased in 2022 and will be ...
McBride’s forecast shows the average HELOC rate falling to 8.45 percent by the end of 2024, more than 1.5 percentage point lower than where it settled at the end of 2023.
Berkeley Township is a township in Ocean County, in the U.S. state of New Jersey, extending from the Jersey Shore westward into the New Jersey Pine Barrens.As of the 2020 United States census, the township's population was 43,754, [10] [11] the highest ever in any decennial count and an increase of 2,499 (+6.1%) from the 2010 census count of 41,255, [19] [20] which in turn reflected an ...
Watchung (/ w ɑː ˈ tʃ ʌ ŋ /) is a borough in Somerset County, in the U.S. state of New Jersey, located approximately 29 miles (47 km) west of New York City.As of the 2020 United States census, the borough's population was 6,449, [10] [11] an increase of 648 (+11.2%) from the 2010 census count of 5,801, [20] [21] which in turn reflected an increase of 188 (+3.3%) from the 5,613 counted in ...