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Oneida County hotel occupancy rate slips 5 percent in October, the seventh straight monthly decline
Hotels in Oneida County again welcomed fewer guests in October compared to a year ago, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 5.1 percent to 59.7 percent in October from 63.0 percent in the year-ago month, according to STR, a Tennessee–based […]
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Hotels in Oneida County again welcomed fewer guests in October compared to a year ago, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 5.1 percent to 59.7 percent in October from 63.0 percent in the year-ago month, according to STR, a Tennessee–based hotel market data and analytics company. Oneida County’s occupancy rate has now declined seven months in a row.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, dipped 5.2 percent to $66.99 this October from $70.66 in October 2016. Oneida County’s RevPar has also decreased in seven straight months.
Average daily rate (or ADR), which represents the average rental rate for a sold room, edged down 0.1 percent to $112.17 in October, compared to $112.23 a year earlier. ADR in the county has declined in four consecutive months.

SUNY chancellor, OCC president discuss Excelsior-scholarship program
The office of Gov. Andrew Cuomo describes the Excelsior scholarship as providing tuition-free college at New York’s public colleges and universities to families making up
Five Star Bank parent company appoints Corning’s Burlew to board
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has increased the size of its board of

State plans North Country Welcome Center in Jefferson County
The state says construction crews will be building a North Country Welcome Center near the Thousand Islands Bridge in Collins Landing in Jefferson County. The
Little Falls Hospital names Zawko director of quality and risk management
LITTLE FALLS, N.Y. — Bassett Healthcare Network announced that it has appointed Pat Zawko director of quality and risk management for its Little Falls Hospital.

Corning to manufacture new product line in Southern Tier, create 185 jobs by 2020
Corning Incorporated (NYSE: GLW) will manufacture its new pharmaceutical-packaging line, Corning valor glass, in the Southern Tier. The $95.5 million project will create 185 jobs

Quebec company formally opens expanded Plattsburgh assembly plant, plans to add 84 new jobs
PLATTSBURGH, N.Y. — Governor Andrew M. Cuomo announced the grand opening of B3CG Interconnect’s new assembly plant in Plattsburgh in Clinton County. The Quebec–based company
People news: NBT Bank appoints Rott as new DeWitt branch manager
DeWITT, N.Y. — NBT Bank announced it has hired John Rott as branch manager of its office at 6563 Weighlock Drive in the town of

City of Syracuse, Town of Cicero sign shared-services agreement for grant writers
SYRACUSE, N.Y. — The City of Syracuse and the Town of Cicero on Tuesday signed a shared-services agreement involving grant-writing services. Syracuse Mayor Stephanie Miner
People news: Mirabito Energy Products names Fuller VP of transportation
BINGHAMTON, N.Y. — Mirabito Energy Products announced it has appointed Gene Fuller as VP of transportation. Fuller joined Mirabito in 1983 and has held positions
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.