UTICA — Hotels in Oneida County were ever so slightly fuller in December than in the year-prior month, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county inched up 0.3 percent to 41.7 percent in December, according to STR, a Tennessee–based hotel market data […]
UTICA — Hotels in Oneida County were ever so slightly fuller in December than in the year-prior month, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county inched up 0.3 percent to 41.7 percent in December, according to STR, a Tennessee–based hotel market data and analytics company. For the full year, 2019, the county’s occupancy increased 2.3 percent to 58.3 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, rose 2 percent to $43.93 in December. In 2019, Oneida County’s RevPar increased 3.5 percent to $66.95.
Average daily rate (or ADR), which represents the average rental rate for a sold room, rose 1.7 percent to $105.28 in December. For all of last year, ADR was up 1.1 percent to $114.86.