UTICA, N.Y. — Oneida County hotels continued to get a little busier in July compared to June and May amid the coronavirus pandemic, with nearly half of rooms occupied. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county bounced up to 49.5 percent in July from 41.3 percent in […]
Get Instant Access to This Article
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
Click here to purchase a paywall bypass link for this article.
UTICA, N.Y. — Oneida County hotels continued to get a little busier in July compared to June and May amid the coronavirus pandemic, with nearly half of rooms occupied.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county bounced up to 49.5 percent in July from 41.3 percent in June and 29.2 percent in May, according to STR, a Tennessee–based hotel market data and analytics company. Still, occupancy was down more than 35 percent from July 2019 levels, suppressed by the COVID-19 crisis.
Oneida County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, was $59.05 in July, up from $39.42 in June and $24.61 in May. However, RevPar was down almost 42 percent from a year ago.
Average daily rate (or ADR), which represents the average rental rate for a sold room, improved to $119.32 in July from $95.46 in June and $84.36 in May, but was off 10 percent from a year prior.