UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) edged up 0.5 percent to 50.3 percent in November compared to the year-ago month.
That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Occupancy in the Mohawk Valley’s largest county was up 7.3 percent year to date through November to 59.9 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, jumped 11.4 percent to $61.43 in November, compared to November 2021. Through the first 11 months of 2022, RevPar was up 20.5 percent to $79.15.
(Sponsored)
National Labor Relations Board Bans “Captive Audience” Meetings
Since 1948, the National Labor Relations Board respected an employer’s right to hold mandatory paid employee meetings during company time so that its views about unionization could be directly communicated
Avoiding the Most Common Overtime Classification Mistakes
Are you sure your organization is prepared for an audit of your payroll practices? In this FREE one hour webinar to be held at noon on November 14, 2023, you
Average daily rate (ADR), which represents the average rental rate for a sold room, rose 10.9 percent to $122.08 in Oneida County in the 11th month of 2022. Year to date through November, ADR was up 12.3 percent to $132.12.
