UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) edged up 0.5 percent to 50.3 percent in November compared to the year-ago month.
That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Occupancy in the Mohawk Valley’s largest county was up 7.3 percent year to date through November to 59.9 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, jumped 11.4 percent to $61.43 in November, compared to November 2021. Through the first 11 months of 2022, RevPar was up 20.5 percent to $79.15.
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Average daily rate (ADR), which represents the average rental rate for a sold room, rose 10.9 percent to $122.08 in Oneida County in the 11th month of 2022. Year to date through November, ADR was up 12.3 percent to $132.12.
