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Tug Hill snowmobile economic-impact study finds industry generates jobs, nearly $82M in sales
LOWVILLE, N.Y. — More than 850 jobs, nearly $29 million in wages, and almost $82 million in sales are attributed to snowmobiling activity in the

People news: Stewart joins MACNY as workforce-development specialist
DeWITT, N.Y. — MACNY, The Manufacturers Association, announced it has hired Amy Stewart as a workforce-development specialist. Stewart will represent MACNY and Partners for Education

Mass-vaccination site at State Fair is moving; SUNY Poly site to close
GEDDES, N.Y. — The mass-vaccination site at the New York State Fairgrounds will relocate from the Expo Center to the Arts & Home Center, effective

National Grid grant helps pay for project along Oswego’s riverfront district
OSWEGO, N.Y. — National Grid says it provided funding for a project along Oswego’s riverfront district that will help 22 Crossroads, LLC offset the construction

Carrols Restaurant Group acquires Burger King restaurants in Indiana, Michigan
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) announced it has recently acquired 19 Burger King restaurants in Indiana and Michigan. Syracuse–based Carrols is

Innovare Advancement Center in Rome formally opens
The facility at the Griffiss International Airport will bring together scientists, engineers and entrepreneurs from academia, industry, and the U.S. Department of Defense to collaborate

Ithaca College to have interim president for upcoming academic year
The school went on to say that the board of trustees will be using the time during the transition to “thoughtfully consider and evaluate the

Rochester firm completes acquisition of Binghamton internet provider Plexicomm
Founded in 2003, Plexicomm was the first company to bring residential fiber to the area and grew to become a regional leader with service available

Industrial building in DeWitt sold for $900,000
DeWITT, N.Y. — The nearly 19,000-square-foot industrial building at 110 Boss Road in the town of DeWitt was recently sold for $900,000 to Sand Mauritius Holdings LLC. John Clark of Cushman & Wakefield/Pyramid Brokerage Company handled the sale and represented the buyer in the transaction. The property, which encompasses nearly 3.4 acres, is assessed at
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DeWITT, N.Y. — The nearly 19,000-square-foot industrial building at 110 Boss Road in the town of DeWitt was recently sold for $900,000 to Sand Mauritius Holdings LLC.
John Clark of Cushman & Wakefield/Pyramid Brokerage Company handled the sale and represented the buyer in the transaction.
The property, which encompasses nearly 3.4 acres, is assessed at $615,000 for 2021, and had the same full market value, according to Onondaga County’s online property records. Santorini Real Estate Holdings is listed as the prior owner.
The property class is listed as truck terminal and it is located in the East Syracuse-Minoa School District, per the county records.
SYRACUSE, N.Y. — Hotels in Onondaga County saw another massive surge in guests this May compared to May 2020, when the COVID-19 pandemic hammered the hospitality business, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 124.4 percent to 50.9 percent in May
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SYRACUSE, N.Y. — Hotels in Onondaga County saw another massive surge in guests this May compared to May 2020, when the COVID-19 pandemic hammered the hospitality business, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 124.4 percent to 50.9 percent in May compared to under 23 percent in the year-earlier period, according to STR, a Tennessee–based hotel market data and analytics company.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, more than tripled (up 241.5 percent) to $53.90 this May from a year prior.
Average daily rate (or ADR), which represents the average rental rate for a sold room, jumped 52.2 percent to $105.97 in May compared to May 2020.
The strong May 2021 hotel-occupancy report follows the April and March results when occupancy soared more than 152 percent and 40 percent, respectively, from the year-earlier periods. These are the first three months in which the year-over-year comparisons were to a month affected significantly by the COVID crisis. The prior year of monthly reports featured significant declines in occupancy as the comparisons were to a pre-pandemic month.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.