UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 12.7 percent to 44.3 percent in January from the year-ago month. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Revenue per available room (RevPar), an important industry gauge that measures how much […]
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UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 12.7 percent to 44.3 percent in January from the year-ago month.
That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company.
Revenue per available room (RevPar), an important industry gauge that measures how much money hotels are bringing in per available room, jumped 28.3 percent to $50.66 in January in the Mohawk Valley’s largest county, compared to January 2022.
Average daily rate (ADR), which represents the average rental rate for a sold room, increased 13.9 percent to $114.30 in Oneida County in the first month of 2023, versus the same month a year earlier.