• Journal Staff in Sports, Entertainment & TourismSubscriber Only

Onondaga County hotel occupancy rate jumps more than 8% in January

SYRACUSE — Hotels in Onondaga County were significantly fuller in January than in the year-prior month, while room revenue also jumped, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county rose 8.2 percent to 41.9 percent in January, according to STR, a Tennessee–based hotel […]

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SYRACUSE — Hotels in Onondaga County were significantly fuller in January than in the year-prior month, while room revenue also jumped, according to a recent report.

The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county rose 8.2 percent to 41.9 percent in January, according to 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, increased 10.1 percent to $38.82 in January. 

Average daily rate (or ADR), which represents the average rental rate for a sold room, gained 1.7 percent to $92.67 in January. 

Journal Staff:
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