BINGHAMTON — Hotels in Broome County continued to see a slight pickup in guests in June compared to May and April, but occupancy was still substantially down from a year ago due to the coronavirus pandemic’s impact on travel and hospitality, according to a recent report. The hotel occupancy rate (rooms sold as a percentage […]
BINGHAMTON — Hotels in Broome County continued to see a slight pickup in guests in June compared to May and April, but occupancy was still substantially down from a year ago due to the coronavirus pandemic’s impact on travel and hospitality, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county was 34.1 percent in June, up from 27.3 percent in May and 25.8 percent occupancy in April, but down nearly 48 percent from June 2019 occupancy levels. That’s according to STR, a Tennessee–based hotel market data and analytics company.
Broome County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, was $24.91 in June, up from $19.23 in May and $16.90 in April, but down almost 59 percent from a year ago.