Nearly six in 10 Broome County hotel rooms were empty in October

BINGHAMTON, N.Y. — Broome County hotels posted an average occupancy rate (rooms sold as a percentage of rooms available) of 40.6 percent in October, down 36.2 percent from a year ago, according to STR, a Tennessee–based hotel market data and analytics company.

A resurgence in COVID-19 in the county resulted in more restrictions being put into place, which hurt the hospitality business.

Broome County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, hit $31.93 in October, down 49.3 percent from October 2019.

[elementor-template id="66015"]

Average daily rate (or ADR), which represents the average rental rate for a sold room, was $78.66 in October, off 20.5 percent from the year-prior month.

Adam Rombel

Recent Posts

Project to protect Oswego’s Camp Hollis from future flooding is now complete

OSWEGO, N.Y. — A construction project to protect Camp Hollis in the town of Oswego…

1 min ago

MVHS announces new chief operating officer

UTICA, N.Y. — Mohawk Valley Health System (MVHS) has announced the hiring of William W.…

6 mins ago

SHA, HUD make local announcement about $50 million to help redevelop Syracuse public housing near I-81

SYRACUSE, N.Y. — A late Wednesday morning ceremony at Wilson Park in Syracuse included the…

1 day ago

Severe storm spreads damage across Rome

ROME, N.Y. — The city of Rome continues to clean up from a devastating, confirmed…

1 day ago
Advertisement

SUNY launches venture-capital fund for startups on a SUNY campus

SYRACUSE, N.Y. — SUNY officials on Monday announced the launch of Upstate Biotech Ventures, a…

1 day ago

Oswego Health says first robotically assisted surgery performed at its surgery center

OSWEGO, N.Y. — Oswego Health says it had the system’s first robotically assisted surgery using…

2 days ago