UTICA — Hotels in Oneida County were slightly less full in June than in the year-prior month, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county slipped 1.3 percent to 66.1 percent in June from 67 percent a year ago, according to STR, a […]
UTICA — Hotels in Oneida County were slightly less full in June than in the year-prior month, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county slipped 1.3 percent to 66.1 percent in June from 67 percent a year ago, according to STR, a Tennessee–based hotel market data and analytics company. Year to date, the county’s occupancy was up 0.5 percent to 52.3 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, fell 3.8 percent to $76 in June from $79.03 in June 2018. In the first six months of 2019, Oneida County’s RevPar rose 0.5 percent to $56.01.
Average daily rate (or ADR), which represents the average rental rate for a sold room, declined 2.6 percent to $114.97 in June from $117.99 a year prior. Year to date, ADR was unchanged at $107.04.
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