Oneida County hotels see improved business in January - Central New York Business Journal

UTICA — Oneida County hotels had a positive month in January, posting a rise in hotel occupancy and also registering increases in two other key indicators of business performance. The hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 2.5 percent to 45.4 percent in January from the year-prior month, according to a […]

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UTICA — Oneida County hotels had a positive month in January, posting a rise in hotel occupancy and also registering increases in two other key indicators of business performance. The hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 2.5 percent to 45.4 percent in January from the year-prior month, according to a report from STR, a Tennessee–based hotel-market data and analytics company. Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, jumped 6.6 percent to $53.98 this past January in the Mohawk Valley’s largest county, compared to January 2023.

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