BINGHAMTON, N.Y. — Broome County hotels registered a drop in overnight guests in May, while two other benchmarks of business performance increased in the month. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 4.6 percent to 59.1 percent in the fifth month of 2025, compared to May 2024, […]
BINGHAMTON, N.Y. — Broome County hotels registered a drop in overnight guests in May, while two other benchmarks of business performance increased in the month.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 4.6 percent to 59.1 percent in the fifth month of 2025, compared to May 2024, according to a report from STR, a Tennessee–based hotel market data and analytics company. Year to date through May, occupancy was down 1.3 percent to 54.1 percent.
Revenue per available room (RevPar), an industry gauge that measures how much money hotels are bringing in per available room, increased 4.5 percent to $86.89 in May versus the year-prior month. In the first five months of this year, RevPar was higher by 5.9 percent to $65.08.
The average daily rate (ADR), which represents the average rental rate for a sold room, jumped 9.6 percent in Broome County to $147.13 this May, compared to the same month a year earlier. Through May 31, ADR increased 7.3 percent to $120.18.
