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Oneida County hotels see 24 percent increase in occupancy in April

By Journal Staff (news@cnybj.com)

Date:

UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 24.3 percent to 60.7 percent in April from the same month in 2021. 

That’s according to a recent report from STR, a Tennessee–based hotel market data and analytics company. Through the first four months of the year, occupancy in the Mohawk Valley’s largest county is up 16.5 percent to 51.4 percent.

Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, soared 53.6 percent to $71.17 in the fourth month of the year, compared to April 2021. Year to date, RevPar has increased 39 percent to $58.65.

Average daily rate (or ADR), which represents the average rental rate for a sold room, went up 23.5 percent to $117.18 in Oneida County in April. So far in 2022, ADR is up 19.4 percent to $114.10.