Seven in 10 Broome County hotel rooms were empty in November

BINGHAMTON — Broome County hotels posted an average occupancy rate (rooms sold as a percentage of rooms available) of 29.2 percent in November, down 46.1 percent from a year prior, according to STR, a Tennessee–based hotel market data and analytics company.  A continued resurgence in COVID-19 in the county and region has hampered the hospitality business. […]

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BINGHAMTON — Broome County hotels posted an average occupancy rate (rooms sold as a percentage of rooms available) of 29.2 percent in November, down 46.1 percent from a year prior, according to STR, a Tennessee–based hotel market data and analytics company. 

A continued resurgence in COVID-19 in the county and region has hampered the hospitality business.

Broome County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, was $21.54 in 

November, down 54.7 percent from November 2019.

Average daily rate (or ADR), which represents the average rental rate for a sold room, hit $73.73 in November, off 16 percent from the year-ago month.         

Journal Staff: