UTICA, N.Y. — Oneida County’s hotels continued to attract more guests in January compared to a year prior as the lodging industry keeps snapping back from the pandemic’s deleterious effects on business. The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 10.5 percent to 39.7 percent in January from the year-ago […]
UTICA, N.Y. — Oneida County’s hotels continued to attract more guests in January compared to a year prior as the lodging industry keeps snapping back from the pandemic’s deleterious effects on business.
The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 10.5 percent to 39.7 percent in January from the year-ago 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, jumped 28.8 percent to $43.22 in the first month of the year, compared to January 2021.
Average daily rate (or ADR), which represents the average rental rate for a sold room, increased 16.5 percent to $108.82 in Oneida County in January.
The strong January 2022 hotel-occupancy report marks the 11th straight month of significant increases in occupancy in the Mohawk Valley’s most-populated county, compared to the year-ago month. These are the first 11 months in which the year-over-year comparisons were to a month hampered by the COVID crisis. The prior year of monthly reports before that showed big declines in occupancy as the comparisons were to a pre-pandemic month.
