UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) increased 12.1 percent to 67.5 percent in June compared to the year-prior month. That’s according to a recent report from STR, a Tennessee–based hotel market data and analytics company. Through the first six months of the year, occupancy in the […]
UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) increased 12.1 percent to 67.5 percent in June compared to the year-prior month.
That’s according to a recent report from STR, a Tennessee–based hotel market data and analytics company. Through the first six months of the year, occupancy in the Mohawk Valley’s largest county is up 15.1 percent to 55.7 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, jumped 34.7 percent to $92.47 in the sixth month of the year, compared to June 2021. Year to date, RevPar has risen 38.7 percent to $67.75.
Average daily rate (ADR), which represents the average rental rate for a sold room, increased 20.2 percent to $136.92 in Oneida County in June. So far in 2022, ADR is up 20.5 percent to $121.69.
