UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) inched up 1.5 percent to 69.1 percent in June from the year-prior month. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through June, occupancy was up 0.8 percent to 56.7 […]
UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) inched up 1.5 percent to 69.1 percent in June from the year-prior month.
That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through June, occupancy was up 0.8 percent to 56.7 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, rose 4.9 percent to $94.22 this June in the Mohawk Valley’s biggest county, versus June 2022. Through the first six months of this year, RevPar elevated 8.7 percent to $71.72.
Average daily rate (ADR), which represents the average rental rate for a sold room, climbed 3.4 percent to $136.30 in Oneida County in the sixth month of 2023, compared to the same month a year ago. Year to date, ADR was up 7.8 percent to $126.51.