UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) edged up 1.1 percent to 67.1 percent in September from the year-prior month. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through September, occupancy was up 1.5 percent to 61.8 […]
Get Instant Access to This Article
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
Click here to purchase a paywall bypass link for this article.
UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) edged up 1.1 percent to 67.1 percent in September from the year-prior month.
That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through September, occupancy was up 1.5 percent to 61.8 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, moved higher by 3.4 percent to $93.34 this September in the Mohawk Valley’s largest county, compared to September 2022. Through the first nine months of this year, RevPar was up 7.2 percent to $82.92
Average daily rate (ADR), which represents the average rental rate for a sold room, went up 2.2 percent to $139.03 in Oneida County in the ninth month of 2023, versus the same month a year earlier. Year to date, ADR was higher by 5.6 percent to $134.08.