SYRACUSE — The first half of 2025 was mixed for Onondaga County hotels when it comes to three key indicators of business performance. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in Central New York’s largest county slipped 0.7 percent to 58 percent in the first six months of this year, compared […]
SYRACUSE — The first half of 2025 was mixed for Onondaga County hotels when it comes to three key indicators of business performance.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in Central New York’s largest county slipped 0.7 percent to 58 percent in the first six months of this year, compared to the same period in 2024, according to STR, a Tennessee–based hotel market data and analytics company.
Revenue per available room (RevPar), an industry gauge that measures how much money hotels are bringing in per available room, rose 1.6 percent to $76.01 in Onondaga County through June 30, 2025 versus the initial six months of last year.
Average daily rate (or ADR), which represents the average rental rate for a sold room, increased by 2.2 percent to $131.16 in the first half of 2025, compared to the year-ago period, STR reports.
