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Onondaga County hotel occupancy rate up almost 3 percent in November
Hotels in Onondaga County saw more overnight guests in November than in the year ago month, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 2.5 percent to 51.1 percent in November from 49.8 percent a year prior, according to STR, a Tennessee–based […]
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Hotels in Onondaga County saw more overnight guests in November than in the year ago month, according to a new report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 2.5 percent to 51.1 percent in November from 49.8 percent a year prior, according to STR, a Tennessee–based hotel market data and analytics company. Through the first 11 months of 2017, Onondaga County’s occupancy rate was down 3.1 percent to 57.8 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, fell 1.6 percent to $47.82 this November from $48.59 in November 2016. Year to date through November, Onondaga County’s RevPar was down 3.6 percent to $58.63.
Average daily rate (or ADR), which represents the average rental rate for a sold room, slipped 4 percent to $93.63 in November, compared to $97.56 a year earlier. Through the first 11 months of 2017, Onondaga County’s ADR was off 0.5 percent to $101.48, according to STR.
NY cheese production slips slightly in November
New York state dairy farms produced more than 77.2 million pounds of cheese (excluding cottage cheese) in November, down 0.1 percent from almost 77.3 million pounds in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. Butter production in New York state totaled nearly 1.59 million pounds in November, up 0.1 percent
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New York state dairy farms produced more than 77.2 million pounds of cheese (excluding cottage cheese) in November, down 0.1 percent from almost 77.3 million pounds in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported.
Butter production in New York state totaled nearly 1.59 million pounds in November, up 0.1 percent from the prior-year period.
In neighboring Pennsylvania, dairy farms produced almost 36 million pounds of cheese (excluding cottage cheese), up 1 percent from nearly 35.6 million pounds in November 2016.
Butter production in Pennsylvania totaled almost 7.3 million pounds in November, down more than 11 percent from nearly 8.2 million pounds in the year-ago month.
Tioga County economic developers rebrand as TEAM Tioga
OWEGO, N.Y. — Three Tioga County organizations that focus on economic development have rebranded as “TEAM Tioga.” The agencies include the Tioga County Department of

Point Place Casino in Bridgeport to formally open March 1, job fair set for Monday
SULLIVAN, N.Y. — The Oneida Indian Nation announced it plans to formally open its $40 million Point Place Casino on March 1 and will hold

The Agency formally opens new building in Dickinson
DICKINSON, N.Y. — The Agency on Wednesday formally opened FIVE South College Drive, a 17,500-square-foot, newly constructed economic and business-development center in the town of

Tioga State Bank CEO tells Congressional subcommittee to ease up on community banks
WASHINGTON, D.C. — The president and CEO of Tioga State Bank, of Spencer, N.Y., told a Congressional subcommittee this week that it was time for

People news: Hancock Estabrook names Benda marketing director
SYRACUSE, N.Y. — Hancock Estabrook, LLP announced it has appointed Renee G. Benda as marketing director in the law firm’s headquarters office in Syracuse. Benda

Sam’s Club shuttering store on Erie Boulevard in Syracuse, cutting 151 jobs
SYRACUSE, N.Y. — Sam’s Club is closing its store on Erie Boulevard East in Syracuse later this month. In a legally required Worker Adjustment and
CenterState CEO Economic Forecast report finds fewer members generated growth last year
SYRACUSE, N.Y. — A new report finds that 56 percent of nearly 200 CenterState CEO members surveyed generated growth in 2017, down from 67 percent

Davis College seeks new president after naming Pedrone its first chancellor
JOHNSON CITY, N.Y. — Davis College has chosen President Dino Pedrone to be its first chancellor. Pedrone, 72, president of the 117-year-old college since 2008,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.