SYRACUSE, N.Y. — Onondaga County hotels saw another big rise in guests in November compared to the same month in 2020 as the lodging industry continued to bounce back from the pandemic, per a new report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 45.8 percent to 48.6 […]
SYRACUSE, N.Y. — Onondaga County hotels saw another big rise in guests in November compared to the same month in 2020 as the lodging industry continued to bounce back from the pandemic, per a new report.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 45.8 percent to 48.6 percent in November from the year-prior month, according to STR, a Tennessee–based hotel market data and analytics company. It was the ninth consecutive month of substantial gains in occupancy, each exceeding 38 percent. These are the first nine months in which the year-over-year comparisons were to a month affected negatively by the COVID crisis. The last year of monthly reports before that showed significant declines in occupancy as the comparisons were to a pre-pandemic month.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, climbed 90.4 percent to $48.19 in Onondaga County this November from a year before.
Average daily rate (or ADR), which represents the average rental rate for a sold room, rose 30.6 percent to $99.20 in November compared to November 2020.
