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Tompkins County Area Development hires Schwerin as new managing director of business services
as its new managing director of business services. Schwerin will be responsible for business retention, expansion, and attraction initiatives, offering direct incentives, and developing relationships

People news: Community Bank names Wood senior trust officer in Oneonta
ONEONTA, N.Y. — Community Bank N.A. announced it has promoted Paul F. Wood to VP, senior trust officer in Oneonta. In his new role, Wood

Oneida Nation says it spent 50 percent more with New York vendors in 2018, compared to a year ago
VERONA, N.Y. — The Oneida Indian Nation says it spent $207 million with New York state vendors in 2018, up more than 50 percent from

Tompkins Financial to pay quarterly dividend of 50 cents a share on Feb. 15
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of

People news: Joyce joins Hancock Estabrook
SYRACUSE, N.Y. — Hancock Estabrook, LLP announced that Jillian C. Joyce has joined the Syracuse–based law firm as an associate in its elder law &
Foundations for Faxton-St. Luke’s, St. Elizabeth Medical Center merge to become MVHS Foundation
UTICA, N.Y. — The Faxton-St. Luke’s Healthcare (FSLH) Foundation and the St. Elizabeth Medical Center (SEMC) Foundation have merged to become the Mohawk Valley Health

Conners appointed executive director of Upstate Golisano Children’s Hospital
SYRACUSE, N.Y. — Upstate Medical University has named Dr. Gregory Conners the new executive director of Upstate Golisano Children’s Hospital, effective March 4. Conners will

The Basketball Tournament selects OCC’s SRC Arena as a regional site for this summer’s event
ONONDAGA, N.Y. — The Basketball Tournament (TBT) is coming to Onondaga Community College’s (OCC) SRC Arena and Events Center where the Boeheim’s Army team will

People news: Dermody, Burke & Brown hires Bellinger in New Hartford office
NEW HARTFORD, N.Y. — Dermody, Burke & Brown, CPAs, LLC announced it has recently hired Charlene Bellinger as an associate in its New Hartford office.
Jefferson County hotel occupancy rises more than 2 percent in December and 2018 full year
WATERTOWN— Hotels in Jefferson County saw more guests in December compared to a year ago, per a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county rose 2.1 percent to 35.4 percent in December from 34.7 percent in the year-prior month, according to STR, a Tennessee–based hotel
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WATERTOWN— Hotels in Jefferson County saw more guests in December compared to a year ago, per a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county rose 2.1 percent to 35.4 percent in December from 34.7 percent in the year-prior month, according to STR, a Tennessee–based hotel market data and analytics company. For the full-year 2018, Jefferson County’s occupancy rate was up 2.3 percent to 53.6 percent.
Revenue per available room (RevPAR), a key industry indicator that measures how much money hotels are bringing in per available room, jumped 6.1 percent to $31.95 in December from $30.12 in December 2017. For all of 2018, the county’s RevPAR rose 3 percent to $52.35.
Average daily rate (or ADR), which represents the average rental rate for a sold room, increased 3.9 percent in Jefferson County to $90.28 in December from $86.86 a year earlier, per STR. The county’s ADR was up 0.7 percent for the entire year to $97.64.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.