SYRACUSE — Hotels in Onondaga County were fuller in January 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 increased 2.2 percent to 41.7 percent in January from 40.9 percent a year earlier, according to STR, a Tennessee–based hotel […]
SYRACUSE — Hotels in Onondaga County were fuller in January 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 increased 2.2 percent to 41.7 percent in January from 40.9 percent a year earlier, according to STR, a Tennessee–based hotel market data and analytics company. It was the fourth straight month in which Onondaga County’s occupancy rate rose compared to the year-earlier period.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, slipped 3.3 percent to $36.96 in January from $38.23 in January 2017.
Average daily rate (or ADR), which represents the average rental rate for a sold room, fell 5.4 percent to $88.58 in January, compared to $93.60 a year earlier.
Post
Share
Tweet
Print
Email
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
SYRACUSE — Hotels in Onondaga County were fuller in January 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 increased 2.2 percent to 41.7 percent in January from 40.9 percent a year earlier, according to STR, a Tennessee–based hotel market data and analytics company. It was the fourth straight month in which Onondaga County’s occupancy rate rose compared to the year-earlier period.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, slipped 3.3 percent to $36.96 in January from $38.23 in January 2017.
Average daily rate (or ADR), which represents the average rental rate for a sold room, fell 5.4 percent to $88.58 in January, compared to $93.60 a year earlier.
" />
SYRACUSE — Hotels in Onondaga County were fuller in January 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 increased 2.2 percent to 41.7 percent in January from 40.9 percent a year earlier, according to STR, a Tennessee–based hotel […]
SYRACUSE — Hotels in Onondaga County were fuller in January 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 increased 2.2 percent to 41.7 percent in January from 40.9 percent a year earlier, according to STR, a Tennessee–based hotel market data and analytics company. It was the fourth straight month in which Onondaga County’s occupancy rate rose compared to the year-earlier period.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, slipped 3.3 percent to $36.96 in January from $38.23 in January 2017.
Average daily rate (or ADR), which represents the average rental rate for a sold room, fell 5.4 percent to $88.58 in January, compared to $93.60 a year earlier.
