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Oneida County’s hotel occupancy jumps in February

UTICA, N.Y. — Oneida County’s hotels saw an influx of guests in February compared to a year ago as they continue to bounce back from the pandemic. The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) increased 23.4 percent to 52.6 percent in February from the year-prior month. That’s according to a […]

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UTICA, N.Y. — Oneida County’s hotels saw an influx of guests in February compared to a year ago as they continue to bounce back from the pandemic.

The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) increased 23.4 percent to 52.6 percent in February from the year-prior month. That’s according to a recent 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, soared 44.8 percent percent to $61.96 in the second month of the year, compared to February 2021.

Average daily rate (or ADR), which represents the average rental rate for a sold room, rose 17.3 percent to $117.71 in Oneida County in February.

The robust February 2022 hotel-occupancy report marks the 12th consecutive month of substantial increases in occupancy in the Mohawk Valley’s most-populous county, compared to the year-ago month. These are the first 12 months in which the year-over-year comparisons were to a month hindered by the COVID crisis. The prior year of monthly reports before that showed large declines in occupancy as the comparisons were to a pre-pandemic month.

Jornal Staff