BINGHAMTON, N.Y. — Broome County hotels saw a slight rise in overnight guests in February, as two other key indicators of business performance increased by more during the month.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 1.4 percent to 51.3 percent in the second month of 2025, compared to February 2024, according to a report from 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, jumped 10.1 percent to $56.34 in February versus the year-ago month.
(Sponsored)
Written Contracts for Freelance Workers Now Required
Originally planned for May, the requirements of New York State’s Freelance Isn’t Free Act (“FIFA”) became effective August 28, 2024. The law has flown under the radar for many employers. The
Can a Generative AI Use Policy for the Workplace Help Protect Sensitive Data?
Artificial intelligence is a buzzword for many industries. It has good and bad effects on the future of creating content, finding information, and other uses. So, what does this mean
The average daily rate (ADR), which represents the average rental rate for a sold room, increased by 8.6 percent in Broome County to $109.84 this February, compared to the same month a year prior.
