SYRACUSE — Onondaga County hotels continued to be mostly empty in June as the continuing coronavirus pandemic takes a toll on business, travel, and leisure. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county was 28.5 percent in June, up from 22.7 percent in May and 18.3 percent occupancy […]
SYRACUSE — Onondaga County hotels continued to be mostly empty in June as the continuing coronavirus pandemic takes a toll on business, travel, and leisure.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county was 28.5 percent in June, up from 22.7 percent in May and 18.3 percent occupancy in April, but down almost 55 percent from June 2019 levels. That’s according to STR, a Tennessee–based hotel market data and analytics company.
Onondaga County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, was $21.56 in June, an improvement from $15.68 in May and $11.99 in April, but down 66 percent from a year prior.
Average daily rate (or ADR), which represents the average rental rate for a sold room, was $75.60 in June, up from $69.16 in May and $65.64 in April, but down 25 percent from June 2019 levels.
Post
Share
Tweet
Print
Email
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
