UTICA, N.Y. — Oneida County’s hotels generated another rebound in guests in September compared to a year prior as the recovery from the pandemic’s punishing impact on the hospitality business rolls on.
The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 24 percent to 63.2 percent in September, versus the year-ago month. That’s according to a recent report from STR, a Tennessee–based hotel market data and analytics company. Year to date, occupancy was up 34 percent to 55.5 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, soared 51.9 percent to $81.50 in this year’s ninth month, compared to September 2020. RevPar was nearly 49 percent higher year to date to $64.42.
(Sponsored)
Fraud Contingencies Plans Are Essential
Your business likely has a disaster recovery plan in place—procedures for handling fires, natural disasters or other crises that could disrupt operations or endanger lives. While a fraud contingency plan
Navigating Cyber Threats to the Manufacturing Industry
Every business needs a solid IT strategy to keep up with the rise in cybercrime and the swift pace of technological innovation. Manufacturing companies face unique risks to their productivity
Average daily rate (or ADR), which represents the average rental rate for a sold room, increased 22.5 percent to $128.91 in Oneida County this September. Through the first nine months of this year, ADR was up almost 11 percent to $116.10.
The positive September 2021 hotel-occupancy report represents the seventh consecutive month of significant increases in occupancy in the Mohawk Valley’s most-populated county, compared to the year-earlier month — however, this was the smallest rise of the seven. These are the first seven months in which the year-over-year comparisons were to a month affected significantly by the COVID emergency. The last year of monthly reports before that showed substantial declines in occupancy as the comparisons were to a pre-pandemic month.
