SYRACUSE — Just over four out of 10 hotel rooms in Onondaga County were filled with guests in September, as the coronavirus pandemic continued to hamper the hospitality industry. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county was 43.5 percent in September, down 31.3 percent from September 2019 […]
SYRACUSE — Just over four out of 10 hotel rooms in Onondaga County were filled with guests in September, as the coronavirus pandemic continued to hamper the hospitality industry.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county was 43.5 percent in September, down 31.3 percent from September 2019 levels. That’s according to STR, a Tennessee–based hotel market data and analytics company. Year to date, hotel occupancy in the county is down more than 39 percent compared to 2019.
Onondaga County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, was $35.70 in September, down 47.4 percent from a year prior. RevPar is off nearly 51 percent through the first nine months of 2020, compared to the same period last year.
Average daily rate (or ADR), which represents the average rental rate for a sold room, was $82.15 in September, down 23.3 percent from September 2019. ADR is down almost 19 percent year to date, from 2019 levels.
