UTICA , N.Y. — Oneida County’s hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 14 percent to 35.8 percent in January, compared to a year prior, according to STR, a Tennessee–based hotel market data and analytics company. The decline was the smallest since the COVID-19 pandemic started last […]
UTICA , N.Y. — Oneida County’s hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 14 percent to 35.8 percent in January, compared to a year prior, according to STR, a Tennessee–based hotel market data and analytics company.
The decline was the smallest since the COVID-19 pandemic started last March. The average year-over drop in hotel occupancy in the county had been 35 percent over the last 10 months.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, fell 21.3 percent to $33.23 in this year’s first month, compared to January 2020.
Average daily rate (or ADR), which represents the average rental rate for a sold room, dropped 8.5 percent to $92.93 this January.
