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Oneida County hotel occupancy rate falls more than 1 percent in April

By Journal Staff

Date:

UTICA — Hotels in Oneida County were slightly less full in April 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 declined 1.1 percent to 53.9 percent in April from 54.5 percent a year earlier, according to STR, a Tennessee–based hotel market data and analytics company. That followed occupancy increases of about 2 percent each in March and February.

Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, fell 1.3 percent to $54.88 in April from $55.60 in April 2018. Oneida County’s RevPar had increased in both March and February, by 2.1 percent and 0.9 percent, respectively.

Average daily rate (or ADR), which represents the average rental rate for a sold room, edged down 0.2 percent to $101.83 in April from $102.07 a year prior. 

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